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In October, the CBC reported on the “exceedingly polite protest” in Iceland as the bankers looted the country. A placard at a demo outside of Iceland’s parliament in Reykjavik stated: “Stay calm while we rob you.” CBC asked: “How long will these people stay polite about their losses?”
It now appears they are no longer polite, even for Icelanders. Last Saturday, protesters angry over the 50 percent devaluation of the Krona and the impending third worldization of their small country clashed with police. “Police clashed with hundreds of protesters...."
According to the Associated Press, the “demonstrators blame the government for having failed to adequately oversee the banking industry.” In fact, many Icelanders blame the government not for overseeing the banking industry but working in a cahoots with it to loot the country. Iceland’s politicos are no different than their counterparts in Europe and the United States: they are sock puppets for the global elite who are determined to crash the global economy country by country and buy up goodies for pennies on the dollar.
[SNIP]
Debt is an efficient tool for leveling economies and decimating living standards. Monetary and fiscal austerity, privatization, and financial “liberalization” — as in neoliberalization — is no longer strictly for Africa and the third world, it is a prescription that will be imposed on first world nations as well. Iceland is a harbinger of things to come in New York, London, Berlin, Los Angeles, and elsewhere in the developed world.
On the day the grocery stores in America are as bare as they are in Iceland, the ensuing riots will be anything but polite.
