Friday, October 2, 2009

Icelanders get hot over mortgages

A quarter of Iceland's population may refuse to pay mortgages: "People are very angry because we feel the banks were gambling with the economy, with the currency, stealing, stealing our properties."
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2 comments:

  1. vOctober 3, 2009 at 3:11 AM

    They turned Iceland into one massive hedge fund,  when it turned sour it took down everyone (except the "few") with it.

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  2. ananOctober 3, 2009 at 3:07 PM

    How is defaulting on debt a "good" thing? Why aren't Icelanders blaming themselves for why their currency lost half its value.

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