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Home Front Economy
UK Chancellor Darling Lies, Causes Iceland Crisis
2008-10-24
A transcript of a conversation between the UK chancellor, Alistair Darling, and his Icelandic counterpart appears to question the British governmentÂ’s claim that Iceland had refused to compensate UK savers.

The transcript, obtained by the Financial Times, is of a telephone conversation at the height of the crisis on October 7 between Mr Darling and Arni Mathiesen, Icelandic finance minister.

In it they discuss whether or not the Icelandic government is in a position to compensate up to 300,000 British depositors in Icesave, the online arm of Landsbanki, the Icelandic bank.

At no point does the Icelandic finance minister state unequivocally that Iceland would not honour its obligations.

Instead, Mr Mathiesen says that Iceland plans to use its compensation scheme to try to meet obligations to British depositors.

This commits Iceland to paying €20,887 (£16,462) under directives agreed as part of its membership of the European Economic Area...
Posted by:Anonymoose

#4  Again, iff one believs that the WOT > WAR FOR OWG-NWO including PRO/ANTI-US NATIONAL-GLOBAL SOCIALIST ORDER + "GLOBALISM", in the absence of any clear or decisive winner in the WOT bwtn the US + Radical Islamism, the OTHER PRAGMATIC WAY TO IMPOSE SOCIALIST ORDER IS VIA PROLONGED OR PROTRACTIVE NATIONAL-GLOBAL ECON CRISES AND CHAOS.

STAGNATION, STAGFLATION, STAGCESSION, and STAGPRESSION.

And I'm NOT talking about a 4-8 Year only Crisis either vee a POTUS MCCAIN or POTUS OBAMA > DECADES, PEOPLE, DECADES!
Posted by: JosephMendiola   2008-10-24 21:24  

#3   D *** NG IT, MORIARITY, YA SEE WHAT HAPPENS TO THE BRITS WHEN THE US MARINES AND ARMY AIRBORNE DON'T INVADE ICELAND!

Lest we fergit, DR. FEELGOOD [old]> aka HOW I LEARNED TO WORRY BY NOT USING "THE BOMB"!?
Posted by: JosephMendiola   2008-10-24 21:16  

#2  I forgot what I was going to say.
Posted by: Pancho Angose9075   2008-10-24 19:05  

#1  Iceland is not a member of the EU, but it does belong to the "European Economic Area".

They are now totally screwed.
Posted by: Anonymoose   2008-10-24 19:03  

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