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Old 10-09-2008, 02:46 PM   #1
emjay
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Country snapshot : Iceland



Seeking inspiration for the next country to cover as part of my range of country ?snapshots? was not too difficult.

As Iceland?s banking sector implodes, UK Prime Minister Gordon Brown has undiplomatically condemned the handling of the collapse of its banks and its failure to guarantee British savers' deposits, blaming the its Government and describing it as "effectively illegal?. Furthermore, it has emerged that over a hundred UK local councils had more than £800m deposited in Icelandic bank accounts. Harsh words. Large numbers. Extraordinary times.

Iceland boasts the world?s highest internet penetration which stands at an astonishing 84.8 % of its population of just 300k people, thus confirming what we have all long suspected - hostile climates are great for our business!

Being located between North America and Europe, I have flown over it several times but have never had the opportunity to visit it.

I was therefore delighted to learn a couple of years back that a webmaster gathering was to take place there, and so I made arrangements accordingly.

Turns out that a rape victims help group learnt of our industry?s forthcoming jaunt, not only branding pornography as demeaning to women, but also likening us to drug traffickers and child molesters. Charming. Especially when you consider that (most) porn actual celebrates all women unlike mainstream, which does not.

Perhaps unsurprisingly, the convention and its opponents made headline news in such a tiny country. This put pressure on Reykjavik?s mayor to do something about it. This, in turn, lead to the Radisson Hotel Group cancelling our rooms and therefore the event - demonstrating breathtaking double standards and hypocrisy when one considers the money that they make from Pay-per-view porn in their hotel rooms throughout the world ? including in Iceland itself.

At this juncture of my snapshot, I would normally research what the credit card penetration levels are in their banking system. However, given that they no longer have one, this renders that particular statistic irrelevant anyway.

On a more positive note, their telecoms infrastructure is still alive and well ? so if you want to start making money from these internet obsessed people, phone billing is not an option. It is more of a necessity.
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Old 10-09-2008, 02:48 PM   #2
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I always tought that Iceland's main income came from the end of rainbows...
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Old 10-09-2008, 02:57 PM   #3
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I always tought that Iceland's main income came from the end of rainbows...
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Old 10-09-2008, 03:20 PM   #4
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Fuck Iceland
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Old 10-10-2008, 01:49 AM   #5
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Fuck Iceland
No need DD - Iceland's already fucked!
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Last edited by emjay; 10-10-2008 at 01:50 AM..
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Old 10-10-2008, 03:33 AM   #6
Sarah_Jayne
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I wonder what other countries British councils have invested our money into?
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Old 10-10-2008, 03:41 AM   #7
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I wonder what other countries British councils have invested our money into?
Maybe they were attracted with the interest rates at www.rbz.co.zw
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