Skip to content

The best advice of all..

October 12, 2008 the ensuing turmoil, has been the one given by the Prime Minister of Iceland Geir Haarde. “ Go back to Fishing”!!!

And after the country’s banking system collapsed, the Premier now has this light bulb of a moment.

`We are too small a country to sustain such a big banking system,” he said in an interview. “We have fantastic resources and an abundance of green energy and we will now utilize that and the other resources we have, the ocean and human capital.”This from the guy who advocated sale of state enterprises and bank investments abroad to diversify the economy.

Almost echoing him one Icelandic resident says “`We can live off the land as there are not so many of us, and we have heating, clean water and fish,`We will be fine. We can eat what we can fish.”

I am not complaining.Heaven for me is steam fish cooked in mustard and wrapped in banana leaf.But then thats me,and I am not one with lofty ambitions.

Unlike these Icelandic banks – supposedly the country’s top three lenders amassed assets valued last year at almost 12 times the country’s GDP

3 Comments leave one →
  1. October 12, 2008 7:27 pm

    very relevant piece of advice.
    <em>Me : How do you say Aye Aye in Icelandic

  2. Anu permalink
    October 13, 2008 4:21 pm

    Yeah they can do that after all they have to feed only 300000 souls -:)
    Me : Thats the number of people in my complex, I think!!

  3. November 19, 2008 11:26 am

    Steam cooked fish in mustard and banana leaf = paturi = copious amounts of drool soaking my Tshirt right now.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: