Tuesday, November 25, 2008

Bellwether Nation?

Icelanders are protesting:

Hordur Torfason, a well-known troubadour in Iceland and the main organiser of the protests, said the protests would continue until the government stepped down.

"They don't have our trust and they are no longer legitimate," Torfason said as the crowds gathered in the drizzle before the Althing, the Icelandic parliament.


Significantly, the crowds don't like the IMF loan intended to bail the country out, either. I've no idea whether the group is particularly well-organized, or if they've figured out fiat money by government monopoly is a bad idea.

I suspect such sentiment will spread.

No comments: