Comments on: Icelanders WILL Adopt The Euro http://www.economicdisasterarea.com/index.php/editorial/icelanders-will-adopt-the-euro/ Iceland Financial Crisis Wed, 07 Sep 2011 07:45:55 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: AKJ http://www.economicdisasterarea.com/index.php/editorial/icelanders-will-adopt-the-euro/comment-page-1/#comment-383 AKJ Tue, 28 Apr 2009 23:45:53 +0000 http://www.economicdisasterarea.com/?p=1697#comment-383 the EEC does beckon and their Iceland will be able to exert the same influence that it does now. Re Fish, well the banks own most of the fish licenses (unless they can pay of their loans of course) and so may end up with the European holders of the Bank bonds anyway. the EEC does beckon and their Iceland will be able to exert the same influence that it does now. Re Fish, well the banks own most of the fish licenses (unless they can pay of their loans of course) and so may end up with the European holders of the Bank bonds anyway.

]]> By: Physchim62 http://www.economicdisasterarea.com/index.php/editorial/icelanders-will-adopt-the-euro/comment-page-1/#comment-367 Physchim62 Thu, 23 Apr 2009 14:15:54 +0000 http://www.economicdisasterarea.com/?p=1697#comment-367 You imply that the ISK is dead: in which case we should look for the identities of those who killed it! The Ministry of Puffins has four prime suspects, just waiting for me to edit the posts. On the other hand, the ISK will continue to exist for a few years yet, simply because Iceland needs help from outside and can't afford to unilaterally adopt the euro. Why can't people listen to the messages that were being sent even during the good times: "No euro without EU membership". Other countries are willing to help out to alleviate the effects of the financial crisis, but aren't willing to sign blank cheques to feudal overlords as some Icelandic politicians seem to want. I have the growing impression that EU membership would give sovereignty back to Icelandic citizens, and that that is the real reason why so many well-placed commentators are against it. You imply that the ISK is dead: in which case we should look for the identities of those who killed it! The Ministry of Puffins has four prime suspects, just waiting for me to edit the posts.

On the other hand, the ISK will continue to exist for a few years yet, simply because Iceland needs help from outside and can’t afford to unilaterally adopt the euro. Why can’t people listen to the messages that were being sent even during the good times: “No euro without EU membership”. Other countries are willing to help out to alleviate the effects of the financial crisis, but aren’t willing to sign blank cheques to feudal overlords as some Icelandic politicians seem to want. I have the growing impression that EU membership would give sovereignty back to Icelandic citizens, and that that is the real reason why so many well-placed commentators are against it.

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