There once was a 'happy island inhabited peaceful fishermen from the north of Europe. An island famous for its natural beauty, for its Northern Lights, for its geysers and for being the birthplace of the sweet Bjork. A bad day but this little island became seduced by the evil monster of high finance. Initially ruled the euphoria of greed, but then in 2008 came to a head nodes and the house of cards upon which was built the "miracle" collapsed. What are we talking about? Of course we talk about the sad tale of Iceland, but a fairy tale could have a happy ending. The first European country to fall victim to the financial crisis was just the island of geyeser, a crack in the newspapers that he found very little space, certainly less space than the rivers of ink to be paid for Greece and Ireland, and perhaps the next few lines faran understand why Ireland and Greece have occupied the front pages of newspapers and the Icelandic crack was almost muted.
Towards the end of 2008 the Icelandic the Conservative government was forced to nationalize the country's three main banks: Landsbanki, Kaupthing and Glitnir. The main Icelandic banks, using crack saved by nationalization have huge debts against the Netherlands and the United Kingdom. The island's northern bank debt turns out to be several times higher than its GDP. Meanwhile, the Icelandic currency is devalued, the shoulder bag and the island is therefore obliged to request a heavy lending to the IMF and Nordic countries (who have turned their noses for Greece and Ireland, but did not hesitate to save Iceland on which they were exposed. Maestrini Dear Swedish and Danish, preach good and evil scratching NDA). Meanwhile, the Conservative Prime Minister Geir Haarde resigns, becoming the first prime victim of the crisis (and then follow the greek Karamanlis, the Irish Cowen and probably a few months Zapatero), elections smiles to the Social Democrats and the Greens to form a new government of the left, headed by Mrs. Johanna Sigurdaddotir. The Executive Sgiurdaddotir, dictated by Dominique Strauss-Kahn now able to make the island a stronghold of the IMF, approved a drastic plan to return the debt. The plan provides for a payment of € 3 billion and a half of the debt, at interest of 5.5%, which will be paid by the Icelandic families for the next 15 years. And 'the straw that breaks the camel's back, people took to the streets, frightened by having to pay for the crimes of the bankers Icelandic, Dutch and British. The president, Olaf Grimmson, in a fit of pride refuses to sign the measure, provoking a constitutional crisis. The deadlock is resolved by a referendum outcome plebscitario. 93% of Icelanders decided to reject the repayment plan. The Executive Sigurdaddotir accept the outcome of the referendum, while the IMF will freeze aid promised. The executive branch implements the message and begins to hunt down usurocrati that have led to the collapse, including the former chairman of Kaupthing, Sigurdur Einarsson. Meanwhile, calls elections for a new constituent assembly, an assembly to replace the current constitution. To be elected must be of legal age and collect only the help of 30 people. Among the 522 candidates, 25 are elected. Their task will then write up a new constitution that takes into account the hard lessons taken. And that's all for now. This is a real revolution, in contrast to the colorful North African coup. A revolution is absolutely peaceful, made by a people who took to the streets to the sound of pots and pans, rolling pins and bells, from a people who took aware of the fraud perpetrated on them and that is making those responsible pay the price. It 's true, Iceland is a small island of only 600 thousand inhabitants, and perhaps experience of this kind may not apply in states large and complex, but still the poetry of this revolution, and the hope that here in the continent you start to wake up and to pay for the crisis to those who caused it, that is, the bankers, not the people, oppressed by maneuvering "Tears & Blood" imposed by various Trichet and Strauss-Kahn. For some reason, Iceland has been said very little, whereas Ireland and Greece have occupied the front pages of newspapers. Perhaps because, while Ireland and Greece are bent to the dictates of the IMF and ECB, Iceland, as we have seen, has run rebelled.
There once was a 'happy island inhabited peaceful fishermen from the north of Europe. An island famous for its natural beauty, for its Northern Lights, for its geysers and for being the birthplace of the sweet Bjork. A bad day but this little island became seduced by the evil monster of high finance. Initially ruled the euphoria of greed, but then in 2008 came to a head nodes and the house of cards upon which was built the "miracle" collapsed. What are we talking about? Of course we talk about the sad tale of Iceland, but a fairy tale could have a happy ending. The first European country to fall victim to the financial crisis was just the island of geyeser, a crack in the newspapers that he found very little space, certainly less space than the rivers of ink to be paid for Greece and Ireland, and perhaps the next few lines faran understand why Ireland and Greece have occupied the front pages of newspapers and the Icelandic crack was almost muted. Towards the end of 2008 the Icelandic the Conservative government was forced to nationalize the country's three main banks: Landsbanki, Kaupthing and Glitnir. The main Icelandic banks, using crack saved by nationalization have huge debts against the Netherlands and the United Kingdom. The island's northern bank debt turns out to be several times higher than its GDP. Meanwhile, the Icelandic currency is devalued, the shoulder bag and the island is therefore obliged to request a heavy lending to the IMF and Nordic countries (who have turned their noses for Greece and Ireland, but did not hesitate to save Iceland on which they were exposed. Maestrini Dear Swedish and Danish, preach good and evil scratching NDA). Meanwhile, the Conservative Prime Minister Geir Haarde resigns, becoming the first prime victim of the crisis (and then follow the greek Karamanlis, the Irish Cowen and probably a few months Zapatero), elections smiles to the Social Democrats and the Greens to form a new government of the left, headed by Mrs. Johanna Sigurdaddotir. The Executive Sgiurdaddotir, dictated by Dominique Strauss-Kahn now able to make the island a stronghold of the IMF, approved a drastic plan to return the debt. The plan provides for a payment of € 3 billion and a half of the debt, at interest of 5.5%, which will be paid by the Icelandic families for the next 15 years. And 'the straw that breaks the camel's back, people took to the streets, frightened by having to pay for the crimes of the bankers Icelandic, Dutch and British. The president, Olaf Grimmson, in a fit of pride refuses to sign the measure, provoking a constitutional crisis. The deadlock is resolved by a referendum outcome plebscitario. 93% of Icelanders decided to reject the repayment plan. The Executive Sigurdaddotir accept the outcome of the referendum, while the IMF will freeze aid promised. The executive branch implements the message and begins to hunt down usurocrati that have led to the collapse, including the former chairman of Kaupthing, Sigurdur Einarsson. Meanwhile, calls elections for a new constituent assembly, an assembly to replace the current constitution. To be elected must be of legal age and collect only the help of 30 people. Among the 522 candidates, 25 are elected. Their task will then write up a new constitution that takes into account the hard lessons taken. And that's all for now. This is a real revolution, in contrast to the colorful North African coup. A revolution is absolutely peaceful, made by a people who took to the streets to the sound of pots and pans, rolling pins and bells, from a people who took aware of the fraud perpetrated on them and that is making those responsible pay the price. It 's true, Iceland is a small island of only 600 thousand inhabitants, and perhaps experience of this kind may not apply in states large and complex, but still the poetry of this revolution, and the hope that here in the continent you start to wake up and to pay for the crisis to those who caused it, that is, the bankers, not the people, oppressed by maneuvering "Tears & Blood" imposed by various Trichet and Strauss-Kahn. For some reason, Iceland has been said very little, whereas Ireland and Greece have occupied the front pages of newspapers. Perhaps because, while Ireland and Greece are bent to the dictates of the IMF and ECB, Iceland, as we have seen, has run rebelled. 
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