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Strategies & Market Trends : The coming US dollar crisis
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To: Real Man who wrote (7470)10/8/2008 8:18:14 AM
From: dybdahl  Read Replies (1) of 71475
 
Iceland is a tight-knit society far from anything else, no military etc. Small and simple.

Small countries often cooperate with other countries with regard to embassies, and often cover multiple countries with one single embassy. Last, but not least, embassies aren't that expensive. Health care is usually much more expensive then the foreign ministry.

Iceland also uses Universities from other countries and has a lot of goodwill in the Scandinavian countries. Currently, a lot of people in Denmark, living on Icelanding welfare payments (disabled people etc.), have problems because the recent exchange rate changes has reduced their payments a lot.

Anyway, Iceland was occupied by USA in WW2 (with unofficial blessing from Denmark who owned it). It was agreed that Iceland should become an independent state - it just happened a few years earlier than planned. Now, it seems that Russia is becoming Iceland's new friend. Some people in the færø islands and greenland also want independence - they are even less people.
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