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View Diary: Icesave: Today Iceland Learns Whether It Gambled Right On Refusing A Repayment Deal With The British (177 comments)

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  •  Iceland joins an elite group (10+ / 0-)

    of nations who have dared to refuse to play the game by the banksters rules.  For this they will pay a stiff price.  No major bank will loan them stamp money from here on out, and they will have to survive on their own industry and intelligence, which are substantial.  They will be denied the ability to borrow more than they can ever hope to pay back and will have to work for everything they get.

    The same fate befell Argentina some years back.  They repudiated their debts and became a financial pariah.  Since that time Argentina has boomed, and since the banksters have shunned them, the citizens of that country own their own prosperity.

    Watch Iceland.

    Bene Scriptum, Bene Intellectum.

    by T C Gibian on Mon Jan 28, 2013 at 08:23:46 AM PST

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