So friends around the world, please keep an eye on us. If something strange happens to us, you will know why it happens.
Iceland promises to be merely the first sovereign nation tolead the pendulum swing away from an ostensibly “real economy” ideologyof free markets to an awareness that in practice, this rhetoric turnsout to be a junk economics favorable to banks and global creditors.
Of course, the international bankers know only too well, that Iceland´smove will be imitated by others, and that´s the reason for the threatsand the blackmail against the country. The few billion $$ of debt which would break the neck of a tinycountry´s economy mean practically nothing to the large debtor nations,but allowing Iceland a legal recourse connecting debts to the abilityto pay without destroying the country´s economy or infrastructure willfinally connect economy with social responsibility and general ethics.
The national economy has first and foremost to serve the people, themajority populations of the country and not the other way around.International trade and finance must be a tool to serve the needs ofthe people around the globe and not a tool for some megalomaniaccorporate elites with the support of their intellectual and politicallackeys to transfer most of the world´s wealth and resources into theirown hands.However the Icelandic stand has it´s risks. In the past countrieswhich opposed the plans of the corporate and financial elites haveexperienced assassinations of their political leaders, false-flagterrorist attacks and all kinds of political destabilization tactics.