If they can win their fight there it will send a domino effect throughout Eastern Europe, Asia, Latin America, the United States. This debt is created through fraud.
The entire nation was conned. The thing is that the Brits and the Dutch, they want us to pay back with huge interest so their actually making money off us, money that never reached Iceland. And most Icelander had never heard of these accounts before everything collapsed. And they put the anti-terrorist law on us – almost like guinea pigs. Because they had not tried to use that particular terror act law and instead of putting it on the bank in the beginning, which was privately owned, they put it on Iceland. And actually during our incredible system, almost the entire system, collapsed when all of the big banks collapsed. They decided to put the terrorist act on us so we were very close to not having food in Iceland.
Well it all happened a few years ago. All of the big banks were government owned or people owned them. And we had a conservative party in Iceland for 18 years and during that period they basically privatized everything the people owned, including the banks a few years ago. And they sold the banks relatively cheaply to friends and allies. And they made, in a very short period of time, all the legislation vanish that would have them, you know, having to not expand as quickly as they did. They became 5 times bigger than the annual GDP.