Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
How is the whole mess not the fault of the Icelanders, a result of their voting for a government that failed to adequately regulate their banks?
by asdf on Mon Mar 8th, 2010 at 12:39:18 AM EST
Now with this referendum result they're ensuring the same ("Progressive") party gets back in power.

En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma
by Migeru (migeru at eurotrib dot com) on Mon Mar 8th, 2010 at 02:52:41 AM EST
[ Parent ]
asdf: How is the whole mess not the fault of the Icelanders, a result of their voting for a government that failed to adequately regulate their banks?

"Mjoll Snaesdottir, an Icelandic archaeologist", would agree with you.

FT.com / Europe - Icelanders confused on repayment vote

"We've been through many hardships in the past and we'll get through this one," says Mjoll Snaesdottir, an Icelandic archaeologist. She is unsure how to vote but says Icelanders cannot escape responsibility. "It was us that elected the governments that created the crisis."

Then an interesting follow-up:

Ms Snaesdottir says future archaeologists will puzzle over artefacts from early 21st-century Iceland to work out why a nation blessed with natural resources chose instead to focus on financial services.

Actually, while it's turning out badly for 318,000 humans who currently live on Iceland, focusing on financial services rather than natural resources is probably better for the planet in the long term.

The march of civilizations is a series of defenses that man has put up against the dread of pure existence.

by marco on Mon Mar 8th, 2010 at 03:45:18 AM EST
[ Parent ]
Is not banking activity in UK and the Netherlands the responsibility of the governments of said nations?

Sweden's finest (and perhaps only) collaborative, leftist e-newspaper Synapze.se
by A swedish kind of death on Tue Mar 9th, 2010 at 03:56:23 AM EST
[ Parent ]

Display:

Occasional Series