cgksheff Posted October 9, 2008 Share Posted October 9, 2008 If you listen to the sabre rattling between Iceland and the UK, we may be reaching the point where the idiots realise that 'globalisation' does not work. http://news.bbc.co.uk/1/hi/uk_politics/7662027.stm We freeze their assets, they will start to exclude our fishing boats? Mind you .... Iceland .. 'freeze assets' ..... geddit? Link to comment Share on other sites More sharing options...
Berberis Posted October 9, 2008 Share Posted October 9, 2008 Councils are told by the govt. to obtain the best return they can for short-term capital deposits even if that means using foreign banks that are considered 'safe'. Well then its down to government and the advise local councils were given, but that doesnt change that we should be investing the money in the UK other than any crackpot country that will give you a few extra £ interest. Gordon Brown is apparently using anti-terrorist laws to freeze Icelandic assets held in UK George Osborne wants to send a naval task-force to Iceland to demand our money back Another abuse of the UK terror laws or proof they over reaching draconian laws we could all find ourselves subject to if we p**s off the government. If freezing Icelandic assets means we stop our own country from going down the plug hole and that the Icelandic government have been acting irresponsibly, I’m actually happy the government have taken this move. It doesn’t however stop other nations do the exact same thing to us and then the world is up sh*t creek! Link to comment Share on other sites More sharing options...
Berberis Posted October 9, 2008 Share Posted October 9, 2008 If you listen to the sabre rattling between Iceland and the UK, we may be reaching the point where the idiots realise that 'globalisation' does not work. Globalisation works well for large companies but when they start to feel the pinch they will soon change their tune! Now with the freezing of assets, Germany’s apparent solitary move against the will of the EU, I’m betting if this gets worse and I mean a lot worse, we could see the spark of WWIII in the making! Link to comment Share on other sites More sharing options...
Berberis Posted October 9, 2008 Share Posted October 9, 2008 Another question: With the freezing of Icelandic assets in the UK. Does anyone think this would still have happened if councils where not effected and it was just Joe public who was to lose out? Link to comment Share on other sites More sharing options...
Kingmaker2 Posted October 9, 2008 Share Posted October 9, 2008 Another question: With the freezing of Icelandic assets in the UK. Does anyone think this would still have happened if councils where not effected and it was just Joe public who was to lose out? And who'd have thought we'd be in a new Cold war! We've truely been iced! Link to comment Share on other sites More sharing options...
Greybeard Posted October 9, 2008 Share Posted October 9, 2008 And who'd have thought we'd be in a new Cold war! Exactly. I saw a report that Russia was offering to bail out the Icelandic govt. In exchange for what I wonder - a nuclear sub base in Reykjavík A couple anti-missile missile bases Golden opportunity for Putin to stir things up Link to comment Share on other sites More sharing options...
Greybeard Posted October 9, 2008 Share Posted October 9, 2008 In fact there were rumblings both in the FT and the Economist in March that Iceland's economy was overheating and it could be an early casualty of any global financial trouble. Link to comment Share on other sites More sharing options...
dvp82 Posted October 9, 2008 Share Posted October 9, 2008 Can anyone explain to me how the government can use anti terror laws to freeze UK Icelandic assets just because some banks in Iceland have gone t*ts up. Link to comment Share on other sites More sharing options...
cgksheff Posted October 9, 2008 Share Posted October 9, 2008 The same way that over-zealous coppers take away cameras and security staff evict pensioners from party conferences. Get used to it. Link to comment Share on other sites More sharing options...
Greybeard Posted October 9, 2008 Share Posted October 9, 2008 And let's not forget council jobsworths following you with a video camera when you take the dog for a walk Link to comment Share on other sites More sharing options...
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