Iceland Faces Financial Meltdown

[HaiLsKuNkY]

Iceland is as big as england it just has a tiny population

[peppersdog1]

at least they can still catch fish...that is untill they join the eu ,then the fucking spaniards will have fished it empty before the inks dry on the paperwork . as for dept just dont pay it whats going to happen fuck the rothschilds and all the fucking greedy jewish bankers

[hobabobba]

blame the jews.

[RideMyBMW]

One word for all you fu%$in mobster banksters : EYE-O-FAT-LA-YOUKIT!!!!

[capetownist]

the country has only 320,000 people and 50 billions euro in debt. my suggestion for the people of Iceland is to abandoned this tiny island nation. leave those corrupt government officials and greedy banks. start a new life in the countries like Norway or Sweden. it make more sense than paying all the debts for generations.

[Mastermind12358]

tiny ? TINY ! , WTF MAN ! .

[MATTHIAS4LIFE]

i live in iceland this is not funny we have to pay 1 billion pounds and our pills are so high that we can have food on our table we have to pay 100.000 icelandic dollars do keep our house.what is 2.000US

[Fuchizaa]

One thing I could never understand: where did Iceland get all that money in the first place? I mean before the shit hit the fan their business men were buying companies around Europe like crazy. They got rich overnight??

[StSimonOfTrent]

The IMF World Bank and England had Iceland offer massive interest returns on 'safe' investments ie CDs etc and then the Jews took off with the money, looted the banks and forcing them to close.

The money didnt disappear.

Its not that complicated

Iceland is a small nation, 300-500 thousand

But was a fairly powerful banking hub for the globalist Jews

[saevaroa]

If the earth is like a human body.The People like cells then they need nutrition like all cells. The money is like the blood to transport these things from place to place. A depression is like a body that is very very cold. To get warm again we need to start moving the limbs. Making people start their consumption again is moving the limbs. So when people stop fearing losing their money and start spending them the body gets warm again.

Simple.

[brettrink]

Yeah, and if you are really nice the bankers might lend you back some of the money they stole, at interest of course.

Now get out there and take out new loans to try

and pay off the old loans.

At least the people in Iceland make a fuss before being bent over.

Oh yeah, Obama wants you to take out a loan and go back to school.

And if you move to China, you just might have a job.

[Gunnar125]

I can guarantee you the EU is behind this. There are almost no single countries to turn to for help anymore. There are superstates everywhere.

[eplabaka]

iceland is pretty big actually, almost as large as england, but only 300.000 people :)

[ReadeRomke]

Tiny Island? This American is so stupid, he needs to look at the map again.

[csacta]

Come on!!! It may not be a "tiny island" but it's definitely not AUSTRALIA!!

[4thamend]

I saw a good story sun. in the los angeles times pg.A35. i agree that the U.S. is not far behind.

[bubblebabylover]

jibbí kreppa

[NorthernLights19]

People here might think that is icelanders fault their economic crisis, but the truth is that they are only the first victims of capitalism, and the rest of the european countries will face a lot of economic-social problems in the immidiate future. At least I hope that Iceland will have the common sense to stay away from EE, and not sell away everything they have (fishing, water, energy) just to take some more loans that will leave them with huge depths and absolutely nothing to help pay back.

[BanjoNaps]

fault of capitalism! AHHAHAHAHA!!! Fool!

[NorthernLights19]

BanjoNaps... I deeply enjoyed your arguments. :P they were very enlightening. Please continue, you give an exellent example of what kind of morons support the existing economic system :)

[Zealotuss]

actually is truth, capitalim fault, there houl be omethin between capitalism and comunist

[BanjoNaps]

Capitol -the means of production I.E. tools All societies use capitol, all societies are capitalistic. There are two types of capitalism. 1:Free Enterprise 2:Oligarchical Central Planning. Their is no meeting between the two. Its black or white. Every society that departs from free trade fails. Every society. Every last one. Their has been no free trade systems for quite a while now. Only a few small loops within isolated economies. That is all that is keeping humanity on its legs.

[dumbgook]

Does this mean that its cheap to travel up there since they are on the brink of financial meltdown?

Maybe Its now a good time to travel there and throw some money at them

[Stjarna4]

Yes, it's a good time now :)

[gatheringleaves]

Atleast Iceland isn't overrun with lazy foreign immigrants like The British Isles

[ajuk1]

Its hardly tiny.

[Askadinya]

You brought those "foreign immigrants" to your nation, you brought slaves from African, and completely pilfered India and you are now complaining about "immigrants." Your country tried to control the world, why you think Americans speak English and not French? Give me a break.

[ajuk1]

Sorry Whuuuut.

[stefan92brynjarsson]

ísland er svo besta

[ossiorn]

Sheeps are better - especially with jolly cola.Happy New Year!

[crappyass9413]

Human greed destroy this beautiful country.

[faanunu]

Human greed destroying the world... iceland is just the beginning. The cause can normally be linked back to the Banks... they have the real power.

[ChesterNothing]

you cant trust anything the US government says their the main stage for the central banks and england as well. the US is probably still mad about being turned down so them and the central banks (the world power and future end to all civil liberties) slowly lowering the currency in circulation... maybe their trying to starve you out like parts of africa... fuck i hope not.. your country and people are too majestic, im sure you'll pull through, i mean you always got fish:]

[2236LKB]

USA government is responsible for the crises!And Stem is an idiot,he laughs to other people's misfortune.

[StemDFpiaK]

Iceland sucks. Funny of the Icelandic prime minister cry and beg Denmark about money. That fuckhead. Iceland has been a corrupt country since they got independent and separated from Denmark. People just first realize it now.

[turbofritz2]

has nothing to do with seperation with Denmark. Iceland was doing pretty good before this crisis.

Faroe Islands is doing much better than both Greenland and Iceland.

If sepperation from Denmark would mean dissaster then Greenland should be the very best of those three countries because they are closest to Denmark. But thats not the case. is it?

You should listen to what i have to say once i bother to teach and correct you.

Now stay away from these videos loser. Go back to play sonic.

[helgipunk]

Denmark is doing well because your fuck-rassmussen has his tounge so far up Bushes butt that Gordon Brown can hardly get his nose in.

[StemDFpiaK]

Because Denmark has balls to fight the terrorism unlike your country and the rest of the nordic region.

[helgipunk]

Whose balls are in Iraq and whose balls are sending them there?

We have increased our security measures at airports to the degree that no Dane gets in without getting gang-probed by our customs officers. Terrorism my foot.

[ossiorn]

Maybe after Denmark stops producing so much Kiddie Porn can they lecture others about corruption.

[StemDFpiaK]

or after iceland stops producing goat porn

[ossiorn]

A lot of child pornography websites traced by the US goverment in 2003-4 came from Denmark.They found not even one that came from Iceland.

[StemDFpiaK]

80% of them were Icelandic movies according to a rapport from the US government.

[ossiorn]

Is that your best comeback?

[StemDFpiaK]

come back from what

[ossiorn]

Goat porn,selling like hotcakes in Denmark!

"I just bought one" said Rasmus to a reporter as he walked to the front gate of his house after a hard day at the office.

[StemDFpiaK]

i know you like goats.

[1tephania]

Wow... and I thought conspiracy theories were only for the loony lefts.

Even if your claim was true, what value is there in conquering Iceland, a nation of 300,000 people? They might as well go for more substantial and unpicked prizes such as Japan or Korea.

[pauperdom]

welcome to Исландская ССР!

[KNOWYOUNOW]

I was the euroskeptics fault. Iceland was left alone with nothing to protect it. The ruklers of Icealand are euroskeptics.

[marky1333]

Is it still ok to go to Iceland. ive always wanted to go there and see Reykiavik

[mmeigels]

begging for a loan of 5,5 billion dollars?

iceland has 320.000 inhabitants... shame on bank and government, who ruined people´s life there with their money-politics.

[SITgoggs]

Iceland rules

The UK drules

[SITgoggs]

Look british faggots the icelandic goverment is runed by idiots but the british goverment is runed BY RETARDS

[whatasdfg]

This is the new world order....you have been assimilated.

[explosiwe]

people saying "iceland rules, ICELAND RULES!" tell me... what does iceland rule? It actually doesnt rule anything. Its like a country with no powers at all.

[davidarobles]

This is only the start of the New World Order....

[Zillitilli22]

Fuck GAY HARDEE

[eplfootiefan]

UK is to loan them £2.2bn

[gudnyh]

ICELAND RULESSSSS.

we may be bankrupt but we stick together no matter what :)

[Edward1589]

I'll ship you a ton of beer if you hang one or two of your penpushing fucks for the republic & future of the western world, that got you in this shite, aye.

[bukakkesake]

Good luck guys, this storm will blow over eventually. Save your money and buy up what you can while its cheap. I wish you the best from Minnesota USA. these central bankers are no good and in america we have had 5 central banks throughout our history. 4 of them have been knocked down, last time a central bank was disbanded in the US, there was an assasination attempt on the president (Jackson) and all the credit in the country dried up causing a depression.

[hoppaskoppa]

Iceland is the best!!!

[sverdslynger]

proud of my country that we support our brothers in iceland as best we can. heck, we should geve even more, for free!

[AriHlynur]

Thanks man! Hearing thing like that meant a lot, god knows Iceland would try to do what ever we could if one of the other Nordic countries where in trouble. God bless the Faroe Islands for their generous contribution in our hour of need!

[sverdslynger]

faroe islands helped a lot concidering the size of the country and their economy. norway should have helped much more. but at least we wanted to help as soon as iceland needed it.

was proud when the icelandic politicians gave praise to norway for our help

[AriHlynur]

And we in turn are touched by every kind word that comes our way from Scandinavia!

[ossiorn]

Actually I love Denmark.I'm just pulling your chain or should I say Goat?

[ScandinaviaNorth4ver]

Norway has promised to contribute 8.4 billion in the IMF package to Iceland, and Prime Minister Jens Stoltenberg warned against the consequences if not the loan goes through quickly.

The only thing that will serve the Nordic Brothers is a Nordic Union

[ScandinaviaNorth4ver]

Nederlands Finance Minister Wouter Bos confirms that the number of countries using the IMF-loan means that the press in an attempt to cover some of the losses they incurred when the Icelandic banks collapsed.

In an interview with Dutch television Bos confirmed that the Netherlands would oppose IMF-loan to Iceland, as long as the compensation dispute is not resolved.

- Fortunately, we have powerful allies as Britain and Germany have the same problems with Iceland, "said Bos.

[firstclassK]

Imao first,Iceland bomb~~~~

hey european!!!next is you!!!:)

blablablablabla u must flatter us.

[jonbesti]

ICELAND RULES!!!

[afroschlan]

Yes, ironically the former "British Empire", the bringer of all unethical waste, enforces that. This somewhat reminds me of a christian or a muslim fundamentalist, who has been taught to preserve life, stoning a person to death because he finds them religiously wrong.. there is a word for this.. hypocrisy..??

[afroschlan]

God bless this horribly corrupt and horribly religious country.. fuck the prime minister and his minions. I hope we reinstate hanging. The country is bankrupt and we, the youth, have to pick up the bill.. isn't life grand? Where's a profit when we need one? Oh yes, hanging on a cross .. how ironic!

[durkaturg]

HILL ÓLAV RAGNAR GRÍMSSON

[e1nn]

I blame global warming, it's melting us down! :p

[NetPatriot]

who is tiny.. Tiny?

about the Russians they came to us.

[oddur93]

and fuck all pepole all over the world's who's hates iceland and icelandic pepole !!!!!!!!

[oddur93]

scoobyhoo in iceland is many chinese pepole well i have never se angy chinese pepole in iceland anyway fuck all chinese pepole who's hate iceland and icelandice pepole !!!!!

[oddur93]

FituFes haltu fokkinn kjafti eða ég ríf fokkinn hausinn af þér fokinn hálfviti !!!!!

[scoobyhoo]

iceland is enemy to chinese people. remember your singer even chant slogan to "independent tibet" in shanghai.

[NetPatriot]

lol yeah we train our singers in special political camps to do that, dont be stupid people have a independent will here in the west, are you a enemy of independence perhaps m8?

[afroschlan]

Everybody is an enemy to chinese GOVERMENT and stupidity all together. I don't dislike chinese people, I just feel sorry for them, just like I feel sorry for North Koreans ;) You have been brainwashed to believe in an ideologically bankrupt concept like communism because you've been banned from having information like how communism works and has worked in the world.. see Russia once known as the Soviet Union.. "once known as".. not any more! Why?

[oddur93]

from iceland Fuck you Gordon Brown we are not terroist,Fuck you,you are not welcome to iceland !!!!

[FituFes]

djöfullinn ertu sorglegur gaur

[badseed136]

You know, there was a time when powerful Vikings raided british coasts finding nothing but a weak response. The sight of a Norse man was the scariest thing a britishmen could ever see.

[AlmightyBrazil]

I am 15 years old, but I am very strong and tall and smart and handsome and rich and BRAZILIAN!

I will let Iceland free because of you. Brazil will invade and take over only the rest of Europe now.

:)

[gustavobaez]

yeah right you will invade europe playing soccer or what

[AlmightyBrazil]

bluebabeiscool

forget this economical bullshit! this is boring!

When the Brazilian Empire of God take over the world I will be the European Emperor, lord of all Europe and King of Denmark, then you can be my Queen! I want to get married with a beautiful Princess! This is what you are!

You are a Beautiful Princess from Denmark!

[AlmightyBrazil]

bluebabeiscool

What about Denmark?

Can I buy Copenhagen?

Can we negotiate the right propriety of your country for A LOT OF money?

This is NOT madness, look some facts, 97% of your money is virtual and all the European System is going to total collapse because of that. Your government will be in total debt, there will be inflation of 300% and your people will move to China, Russia or any other communist nation to live. Then, ONLY Brazil (There is crisis here) can save you now. Give me DEN!

[saevaroa]

The only thing left will be food. So start getting used to the idea that you CANNOT EAT MONEY. The sooner people realize that everything will change. Start growing food and fishing.

[AlmightyBrazil]

Hello, I am from Brazil and I have a question for you people.

THIS IS NOT A JOKE!

Can I have Iceland?

I have some money and I want to buy Iceland to annex to the Brazilian territory.

Is this possible?

Do I can to buy Iceland for Brazil???

[rabbikrabbi]

what do you mean that you're not joking?

[mfitzp]

that building at 0:49 looks identical to the central bank in Ireland.

[saevaroa]

That is because you Irish are also our ancestors. Icelandic people come from Scandinavia and Ireland :-)

[biggorulerofthemall]

...

[DaBreeza12]

alieev,

The Icelandic nation thrives on fish, its basicly the only thing keeping us up. And our banks failed because a couple of "Indeviduals" were controlling them... But now the banks are under goverment controll, and I do wish that the British would stop forcing the Anti-Terrorist law on us because Icelandic exchange students are pretty much fucked out there :(

[saevaroa]

We have a very good fishing policy

[seltjorn]

You're telling us to leave the fish alone (and yet we should just go back to fishing?!)?

How about the UK when all they wanted was to fish in right outside our shores back before the Cod Wars? Our coast guard has been very busy in trying to keep pirating ships (from all over) away from our fishing zones ever since.

[rakeltjokko]

I live in iceland and im rich as hell:D

Iceland rocks!

[dieper2dieper]

iceland is now a part of russia.

[BFTCaL]

bankers should be swinging in the breeze.

[ab330]

USA Statehood for Iceland!!...become the 51st state.... the EU will screw you(especially the Brits)..they will loot you and then kick you in the nuts..and please don't make a deal with Putin..

[timboslayer]

Why would Iceland want to compromise its democracy and culture for the sake of a temporary finacial glitch? I'm British and disgusted by the way "our" government has behaved towards Iceland, but to say "join the US" is national suicide. Even the Americans are slowly losing all their cash to an ever more privatised Federal Reserve.

Iceland will be fine, and a message from a human in the UK: sorry for what the government has done in this tricky time.

[ab330]

c'mon with apologizing for the Brits... everyone they looted ..they apologized after they looted them just ask any Indian..Pakistani .. Chinese (wow, the opium wars what a disgrace) ... middle east...South Africa etc etc etc

[timboslayer]

I'm not apologising for me or any other Briton as most of us, in truth, have very little say in what the state ultimately decides. 1 million people marched in London ALONE prior to the 2nd Iraq war - did the government listen?

Reason I'm saying I'm sorry to Icelanders is because "our" government used legislation appropriated for terrorism and security to address a financial crisis involving an utterly benign ally - what the hell is that all about? PS I didn't choose my ancestors, looters or not.

[ab330]

History says don't make a deal with the Russia.. or Western Europe for that matter.. the Americans are Icelands best hope...America has never screwed countries they have helped.. and bty, Iraq will become the envy of the middle east soon..

[timboslayer]

True, even if it did mean many deaths to make a giant petrol station for fuel the world shouldn't need, but yes - it'll be better than it was in the 80s/90s.

I've never met History, and don't take any offence, of course, but I'm amazed at this: "the Americans are Icelands best hope...America has never screwed countries they have helped."

?

[timboslayer]

PS before/if you answer I'd just like to make it clear that I don't hate the US or its citizens (well, most of them) and I certainly DO feel affinity to Icelanders, unlike Gordon Brown so it may seem, in spite of this being seen by some wallies as being Eurocentric. Thanks.

[ab330]

well..who have they screwed.. name them...in the meantime, I'll be working on the list the Europeans have screwed..this will take quite some time to tally though...

[timboslayer]

I'm not looking for a fight, fella. I'm more than aware of those that European power brokers have screwed, or "created" and then screwed. I'm just astonished that so many people - not necessarily you - are oblivious to the situation in Afghanistan, that was promised so much cash and given tiny fractions of the amount, and how billions went "missing" in Iraq, and how the Somalia situation has been allowed to dwindle since the 90s, and in DR Congo; more problems inherited from Europe, of course...

[ab330]

well..the world is a rotten place, and we humans collectively can be pretty rotten, maybe our primitive instincts drive bad behavior, who knows..and the places you mention have the most rotten people at the top..historically,they will only respond to force..if the west uses force in darfur or Somalia(again)or Afgh..then they are bullies and should mind their on business..perhaps the age of idealism is over..let the dictators rise again i guess. Mugabe has been surviving quite nicely..

[timboslayer]

I agree with every word. And on that note, I think it's bedtime. G'night and God bless, even if He is a weirdy beardy in the clouds with an inferiority complex.

Take care.

TS.

[kkklownknight6699]

Hate to tell you this but this ain't no temporary financial crisis.

The bankers are intentionally trying to create inflation and takeover the banks.

They're printing money like crazy now and it's a sinking ship.

[dieper2dieper]

yea, right , go ahead, sell your soul's to the devil himself for i care.

so america will then give me back my fucking money ?

but they are broke beggars as well.

[gjerrildkro]

immigrate to south florida...

[MrtvaPriroda]

read Laxness and vote for Bjork... u'll get saved...

[VulcanXL]

America could be next, if we are not careful

[turbofritz2]

Lets hope that globalist elites will not overrun Iceland. Stay calm. Don´t buy into IMF.

IMF will lead to total slavery. Stay calm.

Iceland has unlimited amounts of free energy.

Aluminum plants. Fishery and potentialy oil.

As well as lots of science going on.

[snoglobe68]

Best interest of the Icelandic People??? Yeah, whatever, shithead!!!

How many times do we have to hear that crap? They have no interest in any of our "best interests" besides their own. This is gonna get worse Ladies and Gentleman. Hang on tight.

[larusj]

snoglobe your from iceland? i think were gonna be ok, its just gonna take time and we have to stay strong and work through this. Hate when people say this is just gonna get worse. Everyone knew this was coming so now iceland has to just face it and fix it. gonna take 3 - 4 years though, that kind of sucks now that i live there. Ah man. haha poor me

[snoglobe68]

I'm from Canada EH! Unfortunately it will get worse in other parts of the world. This was made to happen as part of a global plan and unfortunately we are the ones to suffer. I do believe in Humanity and I do have faith in all of you good people. United we all must be right now.

Peace, Love and Faith in one another,

Eddy

[trex250]

I sincerely hope that the Icelandic authorities take legal action against the UK government. When the UK used the Anti-terrorism Act against a NATO member state is beyond any reason at all? Then the UK government killed Kaupthing and that will cost the UK tax payer billion of pounds. Gordon Brown you have proven to us all that you are a BLOODY FOOL and your little Darling friend!

[duncan36]

Stop blaming others for your faults. Your leaders should have calmed foreign countries. Instead they made provocative statements. Your politicians revealed their true identity during this crisis they dont serve the Icelandic people. They are shills for your financials.

[saevaroa]

Dont you all understand that the average Icelanderis NOTABIGBANKER.Theav erageIcelanderhasbeen bloodmilked for years with high interest rates (that's right the great interest rates on your pension funds etc were being payed by the Icelandic people). The bankers should pay.Not the average Icelander.We have been paying to much for too long. The bankers have gambled with our pension money and bloodmilked the hard working families of Iceland.And you call us thieves. Blame it on those who deserve it.

[markonikko108]

Normal conseguense of Capitalism.We few knew that capitalism is like a casino.A lot of lights,illusions ,material borrowed little toys(like cars,bike and so on...)...but in the end NO LOVE.Just prostitution, hypocrisy and poverty:both material poverty then spiritual emptiness.Welcome to Casino Capitalism:the Liberty of the idiots.HAVE FUN !

Goodnight.

[MNOKTV]

I forgot to add this to my last post, but I just want to say I love you Iceland. Keep your head up!

[MNOKTV]

There was a systematic effort by hedge funds, Central banks and investment banks to destroy Iceland's economy. Then the Central banks stepped in early last week and virtually destroyed every emerging market currency from Iceland to Brazil. Their plan succeeded. Bastards!

[thisnthattv]

When I was young I knew these things where coming.I also desided not to procreate as tyrany inevitably compounds.

[bolshevikML]

There is one proven method to stave off financial crises: abolish capitalism which is the root cause of the crisis.

The Icelandic masses should establish the Democratic People's Soviet Socialist Republic of Iceland NOW!

[ianclivewright]

You're right of course. The Soviet system was such a success after all.

It made sure everyone was poor, well accept the party lick spittle hypocrites.

If you want a regime of hypocrisy, where the currency is corruption and favours, then the Soviet Union is a really really good model.

I agree.

Tough on the bods, but then it's always tough on the bods.

[loftleidir001]

HE HE HE!!!!!!!!! I don't think so Russian Republic Iceland ég held ekki We mite by going on thin ice but HELLO It IS A Global Financial Meltdown Look how All the things you want being to expensive it is like living hell

[snorrivalsson]

The least apocalyptic and most responsible news piece I have seen so far about the state of affairs in Iceland. We will survive. No matter what. Fuck all the haters!

[yarovitek]

Much of these 'haters' are people whose lifesavings are in Icelandic banks that were nationalized. According to news, the government od Iceland refuses to compensate to these people while Britain prepares motion to be submitted before an international court.

[snorrivalsson]

One thing is regular savings accounts and a whole other is savings accounts bound in stocks and bonds and the like. Those, we cannot guarantee just like the banks never could but as far as I can gather from our PM, any regular savings accounts will be guaranteed.

[saevaroa]

I've been paying into icesave with my high interest rates. I've been bloodmilked as many others. Why should I pay for a bankers adventure.

[simoncowellscores]

There's a world of hurt coming down and most folks don't even know it yet. Better prepare now before it's too late.

[hypnofan35]

It seems the the super rich are trying to run the table. My guess is regular people will start declaring one another to be mortal enemies by geographical position, and begin to bomb the crap out of one another.. Oh well, i'm pretty old and decided not to procreate. So bomb away you important ass gaming adverse folks. It's a good game; destroy a country you've never been to. That's just how people are and how history goes forth. Not to worry rats and bacteria will always survive.

[Jacko86plus5]

I only watched this because I've never seen anything with zero views before. Semi-interesting though.