European Tribune - Comments - LQD: Iceland to go into Chapter 9/11?

LQD: Iceland to go into Chapter 9/11? | 93 comments (93 topical, 0 editorial, 0 hidden)

Re: LQD: Iceland to go into Chapter 9/11? (4.00 / 2)

What does "an entire country going into Chapter 9/11" mean? EXACTLY!

In the end, might makes right. Nothing has changed since the caveman.

by THE Twank (yatta blah blah @ blah.com) on Mon Oct 6th, 2008 at 02:33:06 PM EST
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Re: LQD: Iceland to go into Chapter 9/11? (none / 1)

This is TOO FUCKING FUNNY FOR WORDS!!!!

In the end, might makes right. Nothing has changed since the caveman.

by THE Twank (yatta blah blah @ blah.com) on Mon Oct 6th, 2008 at 02:34:29 PM EST
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Re: LQD: Iceland to go into Chapter 9/11? (4.00 / 4)

The citizens of Iceland may be forgiven for not rolling around on the floor with you.

by afew (afew(a in a circle)eurotrib_dot_com) on Mon Oct 6th, 2008 at 02:52:18 PM EST
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Re: LQD: Iceland to go into Chapter 9/11? (none / 1)

OK, let's get serious.

Which country is next? If Iceland, why not ...?

In the end, might makes right. Nothing has changed since the caveman.

by THE Twank (yatta blah blah @ blah.com) on Mon Oct 6th, 2008 at 03:10:07 PM EST
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Re: LQD: Iceland to go into Chapter 9/11? (4.00 / 5)

They are the worst case scenario - a small island, 300k people, minimal agriculture, not much industry. It's almost a modern version of Easter Island or pre-colonial Hawaii - there is no margin for error, no "fat" in the system to absorb overshoots or economic bubbles.

you are the media you consume.

by MillMan (millguy at gmail) on Mon Oct 6th, 2008 at 03:28:15 PM EST
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Re: LQD: Iceland to go into Chapter 9/11? (4.00 / 4)

Iceland has been behaving like the country that thinks it's a hedge fund for years. It's a big step up to anywhere else.

by afew (afew(a in a circle)eurotrib_dot_com) on Mon Oct 6th, 2008 at 03:28:17 PM EST
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Re: LQD: Iceland to go into Chapter 9/11? (none / 0)

I forgot.

Is that worthless cock-sucker Milton Friedman still alive?

If he's dead, let's find his grave and piss on it!

In the end, might makes right. Nothing has changed since the caveman.

by THE Twank (yatta blah blah @ blah.com) on Mon Oct 6th, 2008 at 03:42:25 PM EST
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Re: LQD: Iceland to go into Chapter 9/11? (4.00 / 3)

It means your ass belongs to the IMF.

You can't be me, I'm taken

by Sven Triloqvist on Mon Oct 6th, 2008 at 02:37:02 PM EST
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Re: LQD: Iceland to go into Chapter 9/11? (none / 0)

I thought that only happened to third rate helpless banana republics. Let them put a Russian or Chinese military base there. Instant prosperity!

In the end, might makes right. Nothing has changed since the caveman.

by THE Twank (yatta blah blah @ blah.com) on Mon Oct 6th, 2008 at 02:46:17 PM EST
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Re: LQD: Iceland to go into Chapter 9/11? (none / 0)

Iceland may turn Keflavik over to Russia. What irony.

by rifek on Thu Oct 9th, 2008 at 03:22:28 PM EST
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Re: LQD: Iceland to go into Chapter 9/11? (4.00 / 3)

I'd imagine the first impact will be that the currency will be worthless, ie no imports at all. All exports will be traded in euros or bartered. The immediate sequestration and sale of all Icelandic owned foreign assets.

Crikey, no oil = a sailboat fishing fleet. Or the lease of Icelandic fishing rights to foreign fleets.

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Mon Oct 6th, 2008 at 02:46:31 PM EST
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Re: LQD: Iceland to go into Chapter 9/11? (none / 0)

So, beer anyone?

In the end, might makes right. Nothing has changed since the caveman.

by THE Twank (yatta blah blah @ blah.com) on Mon Oct 6th, 2008 at 02:47:49 PM EST
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Re: LQD: Iceland to go into Chapter 9/11? (none / 0)

Nope. Iceland can't grow barley. Hmm, what can you brew with seaweed ?

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Mon Oct 6th, 2008 at 02:50:22 PM EST
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Re: LQD: Iceland to go into Chapter 9/11? (none / 0)

All manner of foulness.

by afew (afew(a in a circle)eurotrib_dot_com) on Mon Oct 6th, 2008 at 02:53:04 PM EST
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Re: LQD: Iceland to go into Chapter 9/11? (none / 0)

One could extract iodine which happens to be a reagent for meth.

You can't be me, I'm taken

by Sven Triloqvist on Mon Oct 6th, 2008 at 03:35:00 PM EST
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Re: LQD: Iceland to go into Chapter 9/11? (none / 0)

You have an interesting store of knowledge there, Sven.

In the end, might makes right. Nothing has changed since the caveman.

by THE Twank (yatta blah blah @ blah.com) on Mon Oct 6th, 2008 at 03:43:46 PM EST
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Re: LQD: Iceland to go into Chapter 9/11? (none / 1)

It's called wikipedia...

You can't be me, I'm taken

by Sven Triloqvist on Mon Oct 6th, 2008 at 03:51:53 PM EST
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LQD: Iceland to go into Chapter 9/11? | 93 comments (93 topical, 0 editorial, 0 hidden)