Martin Meenagh blog

I'm going to climb Niagara with an icepick

Well, I'm not. But neither is Germany going to be able to guarantee all savings, nor is Britain going to stabilise markets, nor will a seven-hundred billion tax takeaway by incompetent greedy bankers solve the debt problem in the United States. It's almost funny waiting for what we will be asked to believe next, knowing that states both of the US and sovereign nations are going to start nearing bankruptcy soon, if they're not already there. So I thought that I'd fill time with a promise of the sort that seems fashionable.

History is blowing in, and with irony too. The real American push to global, as opposed to continental, Empire began with the very good war on 1940. The first place invaded by the United States was Iceland. I can almost hear Clio laughing as the air chills in New York from across the sea via the rubble of Reykjavik's financial industry. And I do not mean that humorously. At least the Icelanders still have a community to retreat to when everything else goes bust.

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