Tag Archives: IceSave

The Icelandic deposit insurance

Yesterday I wrote about the veto of the Icelandic president concerning the reimbursement of IceSave depositors. After the Icelandic (and global) banksters privatized the profits, the societies of countries like Iceland are left with the – now socialized – losses. … Continue reading

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Plebiscite in Iceland

The decision of Icelandic president Ólafur Ragnar Grímsson to veto an updated resolution of the Alþingi to reimburse IceSave depositors has sparked a bit of a controversy here on Iceland. Strangely enough the majority of Icelanders I talked to would … Continue reading

Posted in Island/Iceland/Ísland, Thoughts | Tagged , , , , , , | 2 Comments