My life and the life of so many of my friends has taken an extreme turn in the last year. Now we can safely say with the benefit of hindsight that the economic collapse of Iceland has been a life-changing event for just about everyone. Old truths have been demolished, new governments have been formed, [...]

I have written almost daily about the economic disaster since last November. Things have largely gone as predicted. - The mess just gets messier as the nation learns that the banks were just tools for amassing personal wealth by an elite that is so corrupt it absolutely believes it isn’t. - The election this spring [...]

My sympathy is truly there for the Dutch and British savers who lost their money.  I would like them to get back as much as possible. But I do not want to pay that money myself. I do not want lower public service or higher taxes. And I don’t want to be walking down main [...]

Iceland is a country of two nations. The wast majority that lives in and around the city of Reykjavik, which you might call the urbans and the tiny pockets of population that live in small towns around the coast, the rurals if you say so. The rural areas used to be larger and more important [...]

Four days after a one-way interview in Morgunbladid where David Oddson tried to throw his own light on history with information that turned out to be false at further examination it is clear that the man himself is the single most destructive element ever to hit Iceland. The privatization of the banks was supposed to [...]

Amid the cesspool of Gunnar Birgisson’s scandals in Kopavogur, the IceSave debacle, the increasing squeeze on homeowners, this is my Sunday sermon for now. This ramble should be read out loud with a young, poor and angry voice. A long time ago I had a girlfriend who was born in Teheran but she moved to [...]

Today we celebrate independence day. For what it is worth. The feeling towards nationalism has always been like most other emotions in Iceland, sort of quietly muted, yet boiling underneath the surface. Iceland celebrates Jon Sigurdsson’s birthday as a national day. Fittingly for nepotistic Iceland, the man who married his cousin became their leader in [...]

Writing of debts according to the Zingales Plan The households of Iceland are still awaiting solutions for the problems they are facing in the wake of the economic disaster. The government of people in the fifties has still not offered better solutions to young people than to make the final payments of their price-indexed home [...]

The Citizen Movement which got four MP’s elected to Althingi in April has surpassed my best expectations. I cast my vote their way as they seemed like a breath of fresh air against the staleness of the four parties that have ruled all in Iceland since I was born. And they have not disappointed. They [...]

Katrin Jakobsdottir, minister of education has said that the Student Loan Organization is unable to raise its loans. I don’t understand why student loans are lower than unemployment benefits. You have to repay the student loans, not the unemployment benefits. So the government has a chance of receiving some of the money back. You get [...]