After reading some Icelandic blogs over the last few days it seems that some bloggers are starting to avoid the issue of the economic disaster that happened here and is still happening. They admit that openly, and who can blame them when the news and rumours get worse every week, when people think that things cant get any worse. It is like Murphy’s law, if some thing can go wrong, it will go wrong. The Icelandic version of Murphy’s law is that wen things cant get any worse, they usually do.
The question that remains when thinking about this rollercoster of a society we call Iceland is this: What the hell happened?
In very short, everyone failed the public. The people’s savings and pension funds where used as gambling money to either gamble on the money markets, money laundering for various organisations, to steal money for personal gain, to drain all the money from Iceland and everyone else that got sucked in to this largest scam in modern history.
Commentary: The poem was composed to be sung at a banquet held on 26 April 1839 in honor of Reverend... read more
on A Toast to Iceland (Íslands minni) --- Gledilegt Nýtt Ár!