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Jump To Comment: 6 5 4 3 2 1Question: What is the difference between Iceland and Ireland?
Answer: One letter and six months.
This common ‘joke’ in Irish business circles has now moved dangerously close to reality. The Financial Times printed a special feature about the Irish economy under the apt headline “things fall apart” and the Wall Street Journal reported that “questions over Ireland’s solvency are becoming increasingly urgent’.
From latest Socialist worker party newsletter, http://swp.ie/
Iceland's coalition government collapsed today under the pressures of a financial meltdown and prime minister Geir Haarde said he would hand in his resignation to president Olafur Ragnar Grimsson.
"I really regret that we could not continue with this coalition. I believe that that would have been the best result," he told reporters at parliament.
Foreign minister Ingibjorg Gisladottir, the Social Democrat leader who had been considered a potential replacement for Mr Haarde, announced she would not seek to be prime minister and would take a leave of absence for one or two months...
http://www.irishtimes.com/newspaper/breaking/2009/0126/...3.htm
Iceland's coalition government falls apart
http://www.rte.ie/news/2009/0126/iceland.html
How refreshing it is to see that in both Greece and Iceland, it's ordinary people on the streets taking back their respective countries from the bankers, the gangster capitalists and the bureaucrats. The powers that be can't just pin the trouble on loony anarchists and their irrelevant cousins on the far left, because these ideologues simply have no truck with ordinary people. This is why what's happening in Greece and Iceland isn't making the mainstream media over here.
Hopefully irish people will come to their senses soon and give politicians, bankers, capitalists and the general estaiblishment a piece of their mind like the good people of Iceland!!
Thanks for this report. We are also trying to follow the situation in Iceland here and would appreciate any more information available.
http://machinenation.forumakers.com/world-politics-and-...55512
Protests are growing by the week in Iceland as the situation deterioates further