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Should Iceland Join The EU? YES - 27.3% ; NO - 57.6%

Tyler Durden's picture


There was one, just one, country that escaped the bankster Mutually Assured Destruction singularity force field in 2009 and after destroying the financial overhang and starting from scratch, has become a paragon of growth in the New Global Depressionary Normal. Iceland (profiled most recently here). As such, what Iceland says is signal, and what the legacy masters of the abovementioned New Normal repeat day after day, is recurring noise. Here is the signal: when Icelanders were asked if they should join the EU, this is what they responded:

  • YES - 27.3%
  • NO - 57.6%



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Mon, 11/12/2012 - 11:20 | 2972405 Precious
Precious's picture

... and quickly, before it melts.  - Al Gore

Mon, 11/12/2012 - 11:21 | 2972411 GetZeeGold
GetZeeGold's picture


.....and it's gone.

Mon, 11/12/2012 - 11:26 | 2972440 francis_sawyer
francis_sawyer's picture

Just like with the elections, I was forced to 'write in' a candidate because HELL NO wasn't on the ballot...

Mon, 11/12/2012 - 11:35 | 2972486 redpill
redpill's picture

Apparently there's 27% who breathed in a bit too much ash from eyjafjallajökull

Mon, 11/12/2012 - 11:45 | 2972527 Cognitive Dissonance
Cognitive Dissonance's picture

What about the 15.1% who (I guess) voted maybe/maybe not/sorry, too busy texting/what day is it/which one is 'the voice'?

<Cus 27.3% and 57.6% don't add up.> 

Mon, 11/12/2012 - 12:06 | 2972615 redpill
redpill's picture

Maybe they were too busy laughing at the question to answer?  That would be my response.

Mon, 11/12/2012 - 12:12 | 2972644 economics9698
economics9698's picture

I bet they voted by hand and did not use touch screen voting.

Mon, 11/12/2012 - 14:12 | 2973298 macholatte
macholatte's picture


Maybe they used US voting machines provided by a Soros subsidiary. The NO votes became YES for 27%..... just like what happend on Nov 6.

Mon, 11/12/2012 - 13:03 | 2972945 Coke and Hookers
Coke and Hookers's picture

Liberals. They are always around 30% of any given population.

Mon, 11/12/2012 - 15:46 | 2973668 NidStyles
Mon, 11/12/2012 - 11:22 | 2972415 vast-dom
vast-dom's picture

surprising so many said YES.

Tue, 11/13/2012 - 15:09 | 2976984 e-recep
e-recep's picture

fools exist in iceland, too, just like everywhere else. learning from history is a gift, not everyone has it.

Mon, 11/12/2012 - 11:46 | 2972534 Lets_Eat_Ben
Lets_Eat_Ben's picture

fuck me up the ass hard twice, shame on me.

Mon, 11/12/2012 - 11:56 | 2972566 Pairadimes
Pairadimes's picture

...or flips over. - Hank Johnson

Mon, 11/12/2012 - 12:42 | 2972798 Joe moneybags
Joe moneybags's picture

The E.U. would be smart to join Iceland, not the other way around.

Mon, 11/12/2012 - 11:21 | 2972410 holdbuysell
holdbuysell's picture

What are the 27.3% thinking!?

Mon, 11/12/2012 - 11:22 | 2972417 GetZeeGold
GetZeeGold's picture


Same thing the 47% are thinking.

Mon, 11/12/2012 - 11:33 | 2972423 vast-dom
vast-dom's picture

i think in Iceland the 47% is really the 27%. put another way, it's still disconcerting: 1 out of every 2 want to be in the Euro???¿¿??? maybe they have like a Nokia ObamaPhone equivalent they're jonzing for.....

Mon, 11/12/2012 - 11:37 | 2972498 Gene Parmesan
Gene Parmesan's picture

27% of the folks in Iceland are foaming-at-the-mouth globalists whose ideological slavery blinds them to the obvious realities of the world around them.

Good for Iceland for having such a small number of the fools.

Mon, 11/12/2012 - 11:40 | 2972506 vast-dom
vast-dom's picture

watch Max Keiser discussing capital controls and the artificial world with Icelandic Krona being a trapped currency:





Mon, 11/12/2012 - 11:58 | 2972555 THE DORK OF CORK
THE DORK OF CORK's picture



The Icelandic situation may be a result of neo liberal investment ideology where the goverment cannot spend money into existence to increase internal productive capacity.

Indeed the only reason why you should get into external debt is to increase internal productive capacity , the Irish (banks) got into external debt to give non productive assets (houses) to people so that they could earn a yield from external real capital rundown (North sea oil mainly)

They have cheap electricity in Iceland
Why not build a tram to link the burbs of Reykjavik ?


Its a no brainer – they spend so much of their income on diesel for their 4 * 4s just to go to the shop rather then their second home out in the icelandic wilderness.

They should follow Bergens example



  1. Diesel oil demand has not recovered from its highs

    People are not driving their 4*4s on the icelandic plateau anymore I guess
    Just to the shop and diesel for the trawlers……..

    Although maybe this metric shows people are staying in their second homes again.





Mon, 11/12/2012 - 12:07 | 2972567 Harbanger
Harbanger's picture

I'm not sure they have such a small number of fools.  That's 27% with the Eurozone disintergrating right in front of their eyes. 

Mon, 11/12/2012 - 11:24 | 2972416 nobusiness
nobusiness's picture

Smart people

Mon, 11/12/2012 - 11:25 | 2972427 DaddyO
DaddyO's picture


There, Tyler fixed it for you...


edit: You edited just as I posted...

Mon, 11/12/2012 - 11:23 | 2972418 Frastric
Frastric's picture

These figures are muddled... So are the Icelandic people in favour or not of joining the EU?

Edit: Figures are consistant now!

Mon, 11/12/2012 - 11:23 | 2972421 Inthemix96
Inthemix96's picture

You fucked the bankers once my Icelandic friends.

Dont let the scum have another go for fucks sake.  Tell them to fuck off, and then burn them, after hanging and gutting them like.

Mon, 11/12/2012 - 11:39 | 2972503 _ConanTheLibert...
_ConanTheLibertarian_'s picture

Better, throw them in the Eyjafjallajökull

Mon, 11/12/2012 - 11:48 | 2972537 Doubleguns
Doubleguns's picture

Please no. Last trip to Iceland we chipped some glacier ice from there and used it in toasts of Hennesy. I would not want that ice polluted with corpses.

Mon, 11/12/2012 - 11:52 | 2972548 Inthemix96
Inthemix96's picture

No doubleguns,

Gutting then burning is fine with me, saves money fron the state, see?

Mon, 11/12/2012 - 11:23 | 2972422 orca
orca's picture

Icelandic bankers are worldclass.

Mon, 11/12/2012 - 11:24 | 2972425 No Euros please...
No Euros please we&#039;re British's picture

Ask not, what we can do for Iceland, but what Iceland can do for us.


Mon, 11/12/2012 - 12:01 | 2972554 DaveyJones
DaveyJones's picture

They've done quite a bit, it's up to us now to do more than watch

Instead, I read this WSJ headline today (might as well repeat it every fortnight)

"The SEC doesn't intend to charge any individuals in its planned enforcement action against JP Morgan for the allegedly fraudulent sale of mortgage bonds, though the bank will pay a significant fine."

Allegedly? Normally you do not enforce or pay a significant fine for nothing more than an allegation. That said, I wonder what percentage of this scheme's profit is relative to their "punishment?"

I'm so tired of this shit 

Mon, 11/12/2012 - 11:24 | 2972428 JustPrintMoreDuh
JustPrintMoreDuh's picture

Viva Iceland!

Mon, 11/12/2012 - 11:24 | 2972431 Azannoth
Azannoth's picture

It's really surprising how many said yes, considering Icelands experience

Mon, 11/12/2012 - 11:25 | 2972433 A Lunatic
A Lunatic's picture

So how did the remaining 73% vote?



Mon, 11/12/2012 - 11:40 | 2972437 THE DORK OF CORK
THE DORK OF CORK's picture


The 27% comes from their Irish / Scottish stock of females that they brought over during the settlement phase.




The Faroe islands is a interesting island experiment.......



As explicitly asserted by both Rome treaties, the Faroe Islands are not part of the European Union. Moreover, a protocol to the treaty of accession of Denmark to the European Communities stipulates that Danish nationals residing in the Faroe Islands are not to be considered as Danish nationals within the meaning of the treaties. Hence, Danish people living in the Faroes are notcitizens of the European Union (although other EU nationals living there remain EU citizens). The Faroes are not covered by the Schengen free movement agreement, but there are no border checks when travelling between the Faroes and any Schengen country. (The Faroes have been part of the Nordic Passport Union since 1966, and since 2001 there have been no border checks between the Nordic countries and the rest of the Schengen area as part of the Schengen agreement.)[7]

Mon, 11/12/2012 - 11:26 | 2972439 adr
adr's picture

I think we allow New England, including NYC, to join the EU. California can join ASEAN and go begging China for bailout money.

America's problem solved.

Mon, 11/12/2012 - 15:23 | 2973591 ultraticum
ultraticum's picture

I'm sure the EU would love the New England socialists . . . . but the ASEAN wouldn't touch Kalifornia with a 10 foot pole (unless all the Kalifornia idiots were shipped to communes in New England).  There, problem solved again!

Mon, 11/12/2012 - 11:27 | 2972444 Inthemix96
Inthemix96's picture

On the other conspiratorial hand mind.

How many of our yiddish friends occupy more than their fair share of power over 300,000 people?

Can anyone riddle me this?  This smells of either the kikes or the politicians.  Anyway, tell them to fuck off Iceland, and for fucks sake, dont end up like us.  Burn the fuckers if need be.

Mon, 11/12/2012 - 11:40 | 2972508 Inthemix96
Inthemix96's picture

Oh dear........

I do believe I may have upset someone on this here thread.  I dont know but it may be a closet hebe?

Ring a bell anyone???

Mon, 11/12/2012 - 11:28 | 2972450 Bay of Pigs
Bay of Pigs's picture

Thats 85%, what do the other 15% want to do?

Drink vodka?

Mon, 11/12/2012 - 11:30 | 2972465 Ljoot
Ljoot's picture

Hell yeah if it's Reyka!

Mon, 11/12/2012 - 11:28 | 2972451 francis_sawyer
francis_sawyer's picture

So ~ 27 out of every 100 Icelanders are jew bankers... Whocoodanode?

Mon, 11/12/2012 - 11:28 | 2972452 tonyt78
tonyt78's picture

Go Iceland!

Mon, 11/12/2012 - 12:22 | 2972699 NoDebt
NoDebt's picture

My short list of countries to move to when it gets too bad here just grew by one.

Wasn't sure the bankers would let Iceland get away with throwing them the middle finger, but it looks like they did.  No big whoop.  World didn't end for them.  They aren't shut out of international credit markets, either. 

Am I about to say that we should take inspiration from Iceland?  Well, let's not go too far here.  That's just crazy talk.

Mon, 11/12/2012 - 14:37 | 2973402 JimBowie1958
JimBowie1958's picture

Dont worry, the EU will just have the ICelanders vote on joining the EU over and over till they get it 'right'.

Mon, 11/12/2012 - 11:29 | 2972456 thedrickster
thedrickster's picture

LOL, I love Vikings.

The 27.3%,,,,well.....I blame Diebold.

Mon, 11/12/2012 - 11:34 | 2972478 Winston Churchill
Winston Churchill's picture

Repeat,repeat, until you get the answer you want.

SOP in the EU.

Mon, 11/12/2012 - 12:04 | 2972596 moonman
moonman's picture

Its like a school budget vote on Long Island

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