Friday, October 17, 2008

Bail out Iceland

There's a great piece in today's Guardian G2 on Iceland. It contains one of the most priceless understatements to have emerged from the current financial meltdown.

The lovely Prime Minister, Geir Haardie, asked what he'd learned the whole frightening experience of the past two weeks, answered: 'it is not wise for a small country to take a lead in international banking.' You can say that again!

I, for one, think the IMF should bail Iceland out, however, because it has given some of the most wonderfully sublime music of the past decade. Bjork and Sigur Ros have been consistently creative, mystical and, admittedly, not a little bonkers.

Maybe we could all buy a share in them and it would recapitalise iceland's banking sector. In return, each of them could play a gig in our streets. Now that would be a result.

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