interesting diary...of course friedman's voodoo looked good, laying in the hot springs wishing you could vary your rotted shark diet, and wondering what your home would be worth if glossy malls and phat SUVs started springing up everywhere...

like alchemists of old, turn dross into cash, baby, live now, pay later, it's magic, look we're real first-worlders now.

as goes iceland today, so will go england tomorrow.

over-populated, resources inadequate and abused, self-sufficiency will have to take over from lying for money phancy phinancial shervices as prime national priority.

and a better country will ensue, once the corner's turned...

and the icelanders will get back in their free sulphur-water and get back to phantasising about the next cargo cultist who will come along and show them how to be real players in the Great CON Game.

they might still have the last laugh, as england struggles to make enough hot water to keep 60,000,000+ people clean, beating old range-rovers into solar water heaters in the rain, or gathering peat on the windy moors or salty bogs to warm their wee hearths!

i wish i could be sure that this cycle will not rpeat itself ad infinitum, seems people are historically always  suckers for a get-rich-quick scheme, the great free lunch in the sky...

maybe we'll write an epic saga so spielbergian, so wagnerian it will be chanted for millennia around our mugs of lichen tea as we huddle cosily in our igloos, barding and quothing and quaffing away:

"beware of the silver-tongued economists, with their smooth come-ons, rolex watches and pretty, pretty lies.

when they whisper sweet nuthins about how they'd like to mortgage your mother and privatise your ass, tell 'em to take a long hike on a short glacier, and come back when they get a clue."

it's the LORE, adapt or migrate!

~Government budget deficits are not nearly as dangerous as the deficits we have created in vital and complex natural systems.~ Naomi Klein.