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Will Loonies Soon be Flying High in Iceland???????????

 
Madame X
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03/02/2012 07:35 PM
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Will Loonies Soon be Flying High in Iceland???????????
Is Iceland going to adopt the Canadian Loonie as it's replacement for the hurting Krona?

What implications will it have for Canada?

The poll results are interesting. Canucks seem to think, to the tune of approx 68% that they should.

For Iceland it would be a winning move, if they can afford to buy in. For us, it would give us a small bump up.


Could Iceland adopt the loonie?
"This is not as outlandish as it sounds. Canada's banking system is something Iceland's is not sound and the Canadian economy, with its mooring in much-desired natural resource wealth, is among the most stable and predictable in the advanced world."

[link to www.cbc.ca]

Thoughts?
"The wise man's home is the universe." ~ Democrites

Catch the blue train...somewhere down that crazy river.
Anonymous Coward
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03/03/2012 07:02 AM
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Re: Will Loonies Soon be Flying High in Iceland???????????
Im all for it.

Although a small country with only a few hundred thousands people, they could become great friends. Im not talking about annexing them, far from it. But each country has a wealth of knowledge and expertise that could mesh very well once put together.

I see no negative downside for us. They would forfeit their right to control the currency, thats no fun. But when the euro eventually fails, and it will, they'll be fine. Assuming we dont get crushed simultaneously.

There are some hot women on that small island... so theres that!
RedlicoriceRedux

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03/03/2012 07:12 AM
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Re: Will Loonies Soon be Flying High in Iceland???????????
Doesn't Iceland have a faultine running right through it? I think it does. Something to consider.
Madame X  (OP)

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03/03/2012 07:54 AM
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Re: Will Loonies Soon be Flying High in Iceland???????????
Myself, I thought it very interesting that they want to hitch their wagon to ours although with the euro in the toilet, it makes sense for Iceland.

How much or little it would effect our economy would be the burning question that I would need answered before I could decide if they should be in or out.

We don't really need more frozen tundra, do we?
"The wise man's home is the universe." ~ Democrites

Catch the blue train...somewhere down that crazy river.
Anonymous Coward
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03/03/2012 08:09 AM
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Re: Will Loonies Soon be Flying High in Iceland???????????
And Canada has been in ongoing negotiations with the Turks and Caicos Islands to make them a Canadian Province/Territory in the Caribbean.

They approached Canada about it.

The deal proposed - All citizens of Turks and Caicos become Canadians and as such get access to our health care, pensions, and free travel throughout our land.

In exchange we get to go there without a passport.

The government entertained the idea but the deal is too expensive for Canada. So the people of Turks and Caicos just came here illegally and applied for refugee status, got it, and now have access to our health care and pensions.

Yeah we saved a bundle.
Anonymous Coward
User ID: 10950613
Canada
03/03/2012 08:11 AM
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Re: Will Loonies Soon be Flying High in Iceland???????????
Is Iceland going to adopt the Canadian Loonie as it's replacement for the hurting Krona?

What implications will it have for Canada?

The poll results are interesting. Canucks seem to think, to the tune of approx 68% that they should.

For Iceland it would be a winning move, if they can afford to buy in. For us, it would give us a small bump up.


Could Iceland adopt the loonie?
"This is not as outlandish as it sounds. Canada's banking system is something Iceland's is not sound and the Canadian economy, with its mooring in much-desired natural resource wealth, is among the most stable and predictable in the advanced world."

[link to www.cbc.ca]

Thoughts?
 Quoting: Madame X


Do I get unfettered access to those hot Icelandic chicks and their hot springs?

If so, they can have all of the loonies that they want.
RedlicoriceRedux

User ID: 11829382
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03/03/2012 08:19 AM
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Re: Will Loonies Soon be Flying High in Iceland???????????
Wait, if Greenland has oil then Iceland must have oil to. I say go for it Canada; only after confirming there be oil there.

Last Edited by RedlicoriceRedux on 03/03/2012 08:28 AM
Anonymous Coward
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03/03/2012 08:25 AM
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Re: Will Loonies Soon be Flying High in Iceland???????????
If Iceland get access to "real money" half of Europe will be on their backs for the money they still owe after the Iceland banking collape.

Iceland now have realised they are getting no growth because they cant borrow to finance public and private expansion schemes.

They were told this would happen but choose to go it alown and and see if they could tough it out.

They have found out, going it on their own wont work, and they have to be part of the system in aorder to expand their ecconomy.

Belive me, you have not heard the last of their debt mountain yet.

banana2
Madame X  (OP)

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03/03/2012 08:28 AM
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Re: Will Loonies Soon be Flying High in Iceland???????????
And Canada has been in ongoing negotiations with the Turks and Caicos Islands to make them a Canadian Province/Territory in the Caribbean.

They approached Canada about it.

The deal proposed - All citizens of Turks and Caicos become Canadians and as such get access to our health care, pensions, and free travel throughout our land.

In exchange we get to go there without a passport.

The government entertained the idea but the deal is too expensive for Canada. So the people of Turks and Caicos just came here illegally and applied for refugee status, got it, and now have access to our health care and pensions.

Yeah we saved a bundle.
 Quoting: Anonymous Coward 10950613


My first chuckle of the day. Good analysis.

So would we have a rush of Icelander's to Canada.
Oh wait, they already are here, they landed in Gimili a long time ago.
[link to www.icelandicfestival.com]

I can see a connect between Canada and Iceland and if they have oil it's an added bonus. The annexation would make for easier business transactions.
"The wise man's home is the universe." ~ Democrites

Catch the blue train...somewhere down that crazy river.
Madame X  (OP)

User ID: 1442220
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03/03/2012 08:30 AM
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Re: Will Loonies Soon be Flying High in Iceland???????????
If Iceland get access to "real money" half of Europe will be on their backs for the money they still owe after the Iceland banking collape.

Iceland now have realised they are getting no growth because they cant borrow to finance public and private expansion schemes.

They were told this would happen but choose to go it alown and and see if they could tough it out.

They have found out, going it on their own wont work, and they have to be part of the system in aorder to expand their ecconomy.

Belive me, you have not heard the last of their debt mountain yet.

banana2
 Quoting: Anonymous Coward 11831533


potkettle

Which euro countries are currently flying high economically?
"The wise man's home is the universe." ~ Democrites

Catch the blue train...somewhere down that crazy river.
Anonymous Coward
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03/03/2012 08:46 AM
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Re: Will Loonies Soon be Flying High in Iceland???????????
Well, that is one way for the Rothschild banks to regain control of Iceland.
Anonymous Coward
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03/03/2012 08:51 AM
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Re: Will Loonies Soon be Flying High in Iceland???????????
potkettle

Which euro countries are currently flying high economically?
 Quoting: Madame X


I can tell you who's ecconomy has not even got off the ground in the last 3-4 years. No not Greece.


Iceland.

whatever
Madame X  (OP)

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03/03/2012 09:04 AM
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Re: Will Loonies Soon be Flying High in Iceland???????????
potkettle

Which euro countries are currently flying high economically?
 Quoting: Madame X


I can tell you who's ecconomy has not even got off the ground in the last 3-4 years. No not Greece.


Iceland.

whatever
 Quoting: Anonymous Coward 11831533


True, but you can't get blood from a stone.

If you throw in the towel and then start from scratch personally, the former backer that gambled and lost can't go after the new backer. Can they?

I know they can't when it is a business bankruptcy, if a country is a business would the same rules not apply?

With more and more countries not being able to meet their debt obligations when does the world cry uncle.

Who gets to decide where the "money" gets printed and where it doesn't.

The more I learned of money and economic transference over the years, the more I realized what a game it really is.
"The wise man's home is the universe." ~ Democrites

Catch the blue train...somewhere down that crazy river.
Anonymous Coward
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03/03/2012 09:10 AM
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Re: Will Loonies Soon be Flying High in Iceland???????????
Annunaki 1dunno1
RedlicoriceRedux

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03/03/2012 09:21 AM
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Re: Will Loonies Soon be Flying High in Iceland???????????


Hmmmmm. Looks OK so far.
RedlicoriceRedux

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Canada
03/03/2012 09:27 AM
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Re: Will Loonies Soon be Flying High in Iceland???????????


Not so good.
Madame X  (OP)

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03/03/2012 09:34 AM
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Re: Will Loonies Soon be Flying High in Iceland???????????


Not so good.
 Quoting: RedlicoriceRedux


But wow, gorgeous doom.
"The wise man's home is the universe." ~ Democrites

Catch the blue train...somewhere down that crazy river.
RedlicoriceRedux

User ID: 11829382
Canada
03/03/2012 09:35 AM
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Re: Will Loonies Soon be Flying High in Iceland???????????


Not so good.
 Quoting: RedlicoriceRedux


But wow, gorgeous doom.
 Quoting: Madame X


The thing is, if they have to evacuate Iceland guess which country they will run to?
Anonymous Coward
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Canada
04/04/2012 01:55 PM
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Re: Will Loonies Soon be Flying High in Iceland???????????
If Iceland get access to "real money" half of Europe will be on their backs for the money they still owe after the Iceland banking collape.

Iceland now have realised they are getting no growth because they cant borrow to finance public and private expansion schemes.

They were told this would happen but choose to go it alown and and see if they could tough it out.

They have found out, going it on their own wont work, and they have to be part of the system in aorder to expand their ecconomy.

Belive me, you have not heard the last of their debt mountain yet.

banana2
 Quoting: Anonymous Coward 11831533


potkettle

Which euro countries are currently flying high economically?
 Quoting: Madame X


I think he means the icelanders told the rothschilds to shove their slave-debt up their ass.

Like uuuh, other countries have, countries like afganistan, iraq, libya, cuba, north korea, iran.

Get the picture?





GLP