Voice of the people.

The banking system of Iceland collapsed in October 2008 and the currency, the krona, has lost half its value in the past to years. Iceland's government was forced to take over three of its biggest banks in October 2008 when they could not keep up with billions of dollars of debt taken on to finance overseas expansion. This is something that every Icelander knows. Now efter seeing the goverment of 2008 moved a way after a protest that lasted for several days Icelanders have a new goverment a left green, middle class goverment how faces a sharply contracting economy over the financial collapse. The Financeal ministor that took over in 2008 is Steingrímur J Sigfússon and he told BBC,

            Priminester Jóhanna Sigurðardóttir and Financeal ministor Steingrímur J Sigfússon.


"We are going to try to take care of the families, the households and businesses as well as we can in the short period that we are going to be operating in "

Now it is 2010 and people are not seeing any changes, in fact the goverment has a new problem that they can‘t or don‘t want to face and that is the housing crises in Iceland. People by the hundreds are missing there homes every month. There has been a series of protests in Reykjavik these days calling for the government to resign over its handling of the economy and housing problems and for not kepping ther promisses of taking care of the familys. Thes protest came to ther highest on the 1.st and 3.rd of November 2010 when some 8,000 people by some counts gathered in front of the Icelandic parliament protesting the Left-wing, middle class government handling of Icelands econimy situation. Still many households face mounting debts and foreclosures and a common feeling is that Jóhanna Sigurðardóttir Icelands Priminester has not done enough to help the problems the country has and have been facing. Many people now are calling for new elections or something to changes so that the people and familys of Iceland have a desent change of living.

In recent years Iceland enjoyed a standard of living that was among the highest in the world. Iceland has gone through several phases since the crash of October 2008. First there was total astonishment that such things could happen here, then came a period of anger, now people are starting to realize that putting the current government in place wasn’t such a magic solution for their problems.

Here below I have a video from YouTube of the protests on the 3.rd of November 2010 whith shows a scared nation not to hopefull for the future.