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> Iceland to declare bankruptcy, Government seizes banks: Is this only the beginning?
kirin-rex
post Oct 7 2008, 08:48 PM
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The Skeptical Child
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Saw this today:
http://news.yahoo.com/s/ap/20081007/ap_on_...land_meltdown_1

I notice that Iceland is seizing control of the banks.

Considering that the US gov't, in the 700 billion dollar bailout, is taking over some aspects of financial institutions in America, I somewhat wonder if this is the beginning of an effort to nationalize world banks, and if so: is this good or bad. Thoughts?


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post Oct 7 2008, 08:48 PM
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Wodan
post Oct 10 2008, 04:48 PM
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It is rumoured that Norway is going to buy Iceland. It was us that found it after all.


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dave
post Oct 18 2008, 06:22 PM
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i think this is where u.s. is headed thats why im making my runs on the grocery stores now
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