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Iceland the new Albania of Europe???

October 2 2009 at 10:31 PM
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  (Login Persian_revenge)
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Iceland goes bankrupt

Posted by: Michael Mandel

Thats an amazing sentence: Iceland goes bankrupt. But thats exactly what happened yesterday (see BW piece here. See NY Times piece here). Thats a clear sign that the global financial crisis is entering a new and vastly more dangerous phase, where we are paying the price of the lack of a global financial regulator and global central bank.

What bankrupt means is just that: The country cannot pay back its external debts, and the Icelandic currency, the krona, has become essentially valueless in the rest of the world. That means the country can no longer pay for imports.

The Icelandic problems have nothing to do directly with American real estate. As Kerry Capell of BW writes:


With the privatization of the banking sector, completed in 2000, Icelands banks used substantial wholesale funding to finance their entry into the local mortgage market and acquire foreign financial firms, mainly in Britain and ScandinaviaIn just five years, the banks went from being almost entirely domestic lenders to becoming major international financial intermediaries. In 2000, says Richard Portes, a professor of economics at London Business School, two-thirds of their financing came from domestic sources and one-third from abroad. More recentlyuntil the crisis hitthat ratio was reversed. But as wholesale funding markets seized up, Icelands banks started to collapse under a mountain of foreign debt.

Whats worse, with Iceland sitting outside the major currency trading blocs, there may be no one with the incentive or ability to save it. The country is looking for loans from the IMF and from Russia. But the United Kingdom is actually threatening to sue Iceland to get back money.

Where does the crisis go next? Most exposed are countries with large amounts of external debt relative to the size of their economy. A quick calculation suggests that by this measure, the U.S. is relatively well off, with external debt about equal to GDP. Japans external debt is about 40-50% of GDP, as is Canadas (these numbers may change as I refine my calculations). Italy is at about 100%, and Germany and France are in the 140-150% range.

From this perspective, the U.S.with its external debt mostly in dollarslooks like a bastion of stability. The euro zone has some weaknessesBelgium and the Netherlands have uncomfortably high debt levels, and Ireland is extremely high. But there is a political framework in place which should allow political leaders to take effective action if they want.

The biggest dangers are for the UK and Switzerland. These countries, although much bigger than Iceland, are major financial intermediaries with big external debts. Whats more, they are outside the major currency blocs, with debt denominated in foreign currencies. That means if their currency starts to devalue, their debts will become more and more onerous.

And now we are in very tricky waters, which are looking uncomfortably like the Great Depression. The major players are the U.S., the Eurozone, Japan, and China. The question is: Will they act collectively, or will they engage beggar-thy neighbor policies?

http://www.businessweek.com/the_thread/economicsunbound/archives/2008/10/iceland_goes_ba.html

Phoenix4.jpg

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This message has been edited by Persian_revenge on Oct 2, 2009 10:33 PM


 
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(Login rightoussoul)
Immortal Iran

Re: Iceland the new Albania of Europe???

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October 3 2009, 5:42 AM 

How the **** does a whole nation go bankrupt?

I don't understand how the local banks invested so much in local real estate markets.... its definitely not a place you would want to live. It has a decent Birth rate for a European country, but its cold, lifeless and does not have much to offer a new immigrant.

I would never want to live there.





 
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Mother Russia

Re: Iceland the new Albania of Europe???

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October 3 2009, 5:51 AM 

And Iran is a sand pit a white man wouldnt set his big toe in if it could be avoided. Iceland is actually very green and has an amazing natural environment and is quite resource rich. Greenland is the **** hole. They arent really broke, Russia offered them a nearly interest free loan to save their rears. It's been a long standing Soviet-Russian policy to "take" Iceland as a sort of client state, much like how Putin has been buying up Slovakia.


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Aotearoa
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October 3 2009, 6:04 AM 

quote
"I don't understand how the local banks invested so much in local real estate markets.... its definitely not a place you would want to live. It has a decent Birth rate for a European country, but its cold, lifeless and does not have much to offer a new immigrant.

I would never want to live there. "

Have you been there ???? ... actually Iceland is very beautiful country, much better than Iran (sorry never been to Iran, perhaps never).

Even if you want to live there, I don't think Iceland would offer you a residence anyway .. so just stfu

 
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Europa

Re: Iceland the new Albania of Europe???

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October 3 2009, 8:09 AM 

LOL........hype.

All it means is, Iceland either has to take a (big) loan from IMF or the Russian.

Thats all. Actually in 1997 (look it up, I doubt you will know) many asian nation including South Korea, Indonesia, Thailand also took IMF loans.

The good thing about this crisis is it will make the greedy banks reform and laws set to control their policies.

Also, something Iranian wouldn't understand, Icelandic economy is not build on selling a non-renewing resource like oil alone, so it means, we will be back sooner or later.

 
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Europa

Re: Iceland the new Albania of Europe???

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October 3 2009, 8:11 AM 

I don't understand how the local banks invested so much in local real estate markets.... its definitely not a place you would want to live. It has a decent Birth rate for a European country, but its cold, lifeless and does not have much to offer a new immigrant.

I would never want to live there.


Thank God.

No one needs more parasites to the economy who just live on welfare and their 15 children. Especially at the time like this.

In fact, here is an idea, why don't you go back to Iran. I'm sure you will not be missed.

 
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The Immortal soul
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Immortal Iran

Re: Iceland the new Albania of Europe???

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October 3 2009, 5:47 PM 

we were not comparing it to Iran were we?

We are talking about Iceland going 'bankrupt' and the fact that their banks invested heavily in the local real estate market....

I never said Iceland was not green and not nice (naturally)..... I am saying that a real estate market is usually a good investment in places were there is: shortage of housing due to high birthrate, touristic, so a lot of people picking up second residences there (Florida, Spain), influx of immigration that would drive the prices up

Iceland has neither.

Prime Fagot; you are a bit defensive don't you think? And yes Iceland is a **** HOLE compared to other potential destination for immigrants: Canada, US, and Western Europe. perhaps you would want to argue as to why people would want to move to Iceland when they could move to Canada (the greatest country to live in)



    
This message has been edited by rightoussoul on Oct 3, 2009 6:03 PM


 
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Thunder
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Quote:

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October 3 2009, 6:03 PM 

"And yes Iceland is a **** HOLE compared to other potential destination for immigrants"

Could be a blessing for them at the way thingsare going in the other countires of choise.

Thunder Supports Rafale [linked image]
http://rafale.freeforums.org
http://rafale.freeforums.org/rafale-vs-f-16-aerodynamics-compared-t69.html

WAFF syndrome explained:

= A pathological liar is someone who often embellishes his or her stories in a way that he or she believes will impress people.

= In psychology, mythomania (also known as pseudologia fantastica or pathological lying) is a condition involving compulsive lying by a person with no obvious motivation.
http://www.bushywood.com/mythomania.htm

Look at these and see the pattern in leopardus's flaming.

http://www.network54.com/Forum/211833/thread/1253817722/last-1254129737/2+Rafales+crash+in+the+sea

http://www.network54.com/Forum/211833/thread/1196975468/Rafale+crash+in+Corr%E8ze

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Re: Iceland the new Albania of Europe???

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October 3 2009, 6:39 PM 

If iceland went missing tomorrow no one would notice or for that matter, care. Same goes for their goverment appointed eskimo representative that lurks around this forum, if he went missing tomorrow, no one would notice or care.

----------------------------------------
And all of this controversy circles me
And it seems like the media immediately points a finger at me
So I point one back at 'em
But not the index or the pinky or the ring or the thumb
It's the one you put up when you don't give a ****
When you won't just put up with the bull**** they pull
Cause they full of **** too


    
This message has been edited by PappaRage on Oct 3, 2009 6:42 PM


 
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(Login sampaix)
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October 3 2009, 6:41 PM 

"If iceland went missing tomorrow no one would notice or care".

Better than seeing the rest of the world rejoice and celebrate if you see which countyr i am talking about.

You're not exactly at the word's top in terms of popularity.

Thunder Supports Rafale [linked image]
http://rafale.freeforums.org
http://rafale.freeforums.org/rafale-vs-f-16-aerodynamics-compared-t69.html

WAFF syndrome explained:

= A pathological liar is someone who often embellishes his or her stories in a way that he or she believes will impress people.

= In psychology, mythomania (also known as pseudologia fantastica or pathological lying) is a condition involving compulsive lying by a person with no obvious motivation.
http://www.bushywood.com/mythomania.htm

Look at these and see the pattern in leopardus's flaming.

http://www.network54.com/Forum/211833/thread/1253817722/last-1254129737/2+Rafales+crash+in+the+sea

http://www.network54.com/Forum/211833/thread/1196975468/Rafale+crash+in+Corr%E8ze

Cet enfoire n'a AUCUN respect, souvenez vous en a l'avenir.

 
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(Login PappaRage)

Re: Iceland the new Albania of Europe???

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October 3 2009, 6:48 PM 

we love being hated, it lets us no that for better or for worse we're appreciated. Nothing worse than irrelevancy.

----------------------------------------
And all of this controversy circles me
And it seems like the media immediately points a finger at me
So I point one back at 'em
But not the index or the pinky or the ring or the thumb
It's the one you put up when you don't give a ****
When you won't just put up with the bull**** they pull
Cause they full of **** too

 
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(Login rightoussoul)
Immortal Iran

Re: Iceland the new Albania of Europe???

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October 3 2009, 6:50 PM 

according to you sampaix? Lets ask the Malaysians if they have a problem with Iran.... what about asking the Egyptians, the Syrians? what about the Indonesians...etc?

You are making the same mistake as your other friends.. Europe and North America don't constitute the 'World'. Even in Canada their are plenty of people who see this propaganda campaign as what it really is.

We are moving of topic now.....

"And yes Iceland is a **** HOLE compared to other potential destination for immigrants"

"Could be a blessing for them at the way things are going in the other countries of choise."

This can be true if you believe that immigration has been bad to these countries... I cant speak about France but i can tell you that for Canada and the US it has been a good thing...


    
This message has been edited by rightoussoul on Oct 3, 2009 6:51 PM
This message has been edited by rightoussoul on Oct 3, 2009 6:51 PM


 
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Europa

Re: Iceland the new Albania of Europe???

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October 3 2009, 7:16 PM 

If iceland went missing tomorrow no one would notice or for that matter, care.

Considering Iceland is 2nd biggest provider of fish in Europe (after Norway, and Icelandic fishing industry owns parts of Norwegian fisheries), quite a lot of Europeans who regularly eat fish will notice I'm sure.

If you eat a fish in Northern Europe (and its a good one) there is a high chance it comes from Iceland.

Also, it is fully renewable industry, if you know what I am talking about. Not like certain middle east country which survive by selling oil. Once the oil ran out, they will go back to their camels in the desert.

 
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(Login Prime_evil)
Europa

Re: Iceland the new Albania of Europe???

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October 3 2009, 7:23 PM 

I never said Iceland was not green and not nice (naturally)..... I am saying that a real estate market is usually a good investment in places were there is: shortage of housing due to high birthrate, touristic, so a lot of people picking up second residences there (Florida, Spain), influx of immigration that would drive the prices up

Thanks for your "expert" prediction.

FYI, housing market in coast of Spain (tourist areas) has almost completely collapse. Which resulting in 2nd largest Spanish real estate company gone bankrupt in February.

Icelandic real esate is down but at least its way better off than Spanish one.


Btw, Spain and Greeks are just as "bankrupt" as Iceland if not for loans from EU (but who are we kidding, without loans, or what we call handouts, every year from EU, Greece will be bankrupt a long time ago)

 
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(Login PappaRage)

Re: Iceland the new Albania of Europe???

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October 3 2009, 7:29 PM 

Considering Iceland is 2nd biggest provider of fish in Europe (after Norway, and Icelandic fishing industry owns parts of Norwegian fisheries), quite a lot of Europeans who regularly eat fish will notice I'm sure.

If you eat a fish in Northern Europe (and its a good one) there is a high chance it comes from Iceland.

Also, it is fully renewable industry,


congratulations, I can't imagine how hard it must be to sleep at night with all that pride pumping in your veins.

----------------------------------------
And all of this controversy circles me
And it seems like the media immediately points a finger at me
So I point one back at 'em
But not the index or the pinky or the ring or the thumb
It's the one you put up when you don't give a ****
When you won't just put up with the bull**** they pull
Cause they full of **** too


    
This message has been edited by PappaRage on Oct 3, 2009 7:46 PM


 
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Dolphins win
(Login Persian_revenge)
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Re: Iceland the new Albania of Europe???

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October 3 2009, 8:09 PM 

Oooh now I get Primevil being a parasitic state in Europe living off other countries loans and subsidies in the middle of a dark forsaken island, he thinks everybody is like him being on welfare. What a sorry miserable savage soul.

Why don't you start exporting more Bjork and earn some hard currencies or offer cheap locations for Hollywood movies. You know like James Bond as you did it once.

How about the next Harry Potter movie????

Could be a blessing for them at the way thingsare going in the other countires of choice

 

@Sampaix

 

Are you implying that things are going badly in Canada? Should I remind you what the French delegation just about 2 weeks ago said in G20?

the financial situation of Canada, makes you want to be a Canadian.

 

Canada has benefited for decades from the influx of immigrants. It invests nothing in these people and yet attracts hardworking or educated immigrants and makes tons of money off of them while Europeans keeps whining while their native population is dwindling. God knows who is going to pay for them once they are old.

 

 

If iceland went missing tomorrow no one would notice or for that matter

 

@PAPPA

How dare you say such a thing? I am trying to promote this dark Island for the next Harry Potter.

 

Considering Iceland is 2nd biggest provider of fish in Europe (after Norway, and Icelandic fishing industry owns parts of Norwegian fisheries), quite a lot of Europeans who regularly eat fish will notice I'm sure.

 

Oh yes. We are all too aware of Iceland's violations of quotas (e.g. meckerel) in Europe and yes we are all too aware of Iceland's cruel whale fishings. You Eskimos need to bring some variety in your diet.

Icelandic real esate is down but at least its way better off than Spanish one.

 

But then again Spain ( my field of study ) is not a bankrupt country? Why? Simple. Spain has many other sources of income. Dont worry 007 will save your country for Queen and country loool

 

Phoenix4.jpg 



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This message has been edited by Persian_revenge on Oct 3, 2009 8:49 PM
This message has been edited by Persian_revenge on Oct 3, 2009 8:31 PM
This message has been edited by Persian_revenge on Oct 3, 2009 8:28 PM
This message has been edited by Persian_revenge on Oct 3, 2009 8:11 PM


 
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(Login PappaRage)

Re: Iceland the new Albania of Europe???

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October 3 2009, 8:30 PM 

Iceland instills pride in its people in the annual fish parade where it reminds them that they are not just the fifth or the fourth largest but wait for this citizens... the SECOND largest fish exporters in europe... and of course that they also own some government shares in NORWAY (the other country no one gives a hoot about).

Since it lacks a miltiary, its national weapon during world war two was fish sanctions against the axis. Ohhhhh.... how did those germans endure without fish.

----------------------------------------
And all of this controversy circles me
And it seems like the media immediately points a finger at me
So I point one back at 'em
But not the index or the pinky or the ring or the thumb
It's the one you put up when you don't give a ****
When you won't just put up with the bull**** they pull
Cause they full of **** too


    
This message has been edited by PappaRage on Oct 3, 2009 8:34 PM
This message has been edited by PappaRage on Oct 3, 2009 8:33 PM


 
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(Login Persian_revenge)
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Re: Iceland the new Albania of Europe???

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October 3 2009, 8:32 PM 

Since it lacks a miltiary, its national weapon during world war two was fish sanctions against the axis. Oh how did those germans fight without their fish.

smilies1684.gifsmilies1684.gifsmilies1684.gif



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(Login rightoussoul)
Immortal Iran

Re: Iceland the new Albania of Europe???

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October 3 2009, 8:47 PM 



"Thanks for your "expert" prediction."

I don't really consider myself an expert but thanks anyway. I also did not predict anything so i think you should brush up on your reading skills.

Spain and Florida have potential, hence why real estate prices rocketed in the past decade (way to much as can be seen with the subsequent crash).... something that cant be said about Iceland.

Perhaps you wanted to argue about how Spain and Florida are not attractive for tourists and part time residents?





 
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Anonymous
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Re: Iceland the new Albania of Europe???

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October 3 2009, 8:51 PM 

"...Since it lacks a miltiary,..."

Trust me there is a significant NATO presence on Iceland, it is where WWIII's "Battle of the Atlantic" would have been run out of...for all three days of it. happy.gif



"Patriotism is your conviction that this country is superior to all other countries because you were born in it."
George Bernard Shaw


 
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David
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Re: Iceland the new Albania of Europe???

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October 3 2009, 8:58 PM 

What the hell is going on, why are people picking on Iceland.

Such a neutral, beautiful, peaceful, country. I mean they are really the observers in the world and for the most part are insignificant. However don't get me started on those damn Luxembourgian's...

............................................
"Montreal Canadiens suck happy.gif"

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Re: Iceland the new Albania of Europe???

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October 3 2009, 9:02 PM 

Nobody is picking on Iceland. We are just mourning over what happened to this country and are collecting money for Primevil who can barely survive on welfare in his trailer.

In fact, I opened this thread to promote Iceland for the next Harry Potter movie.

Phoenix4.jpg 



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(Login merkava25)
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Re: Iceland the new Albania of Europe???

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October 3 2009, 9:06 PM 

The next Harry Potter movie could put Iceland on the map, just like what Lord Of the Rings did to New Zealand. happy.gif

............................................
"Montreal Canadiens suck happy.gif"

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(Login PappaRage)

Re: Iceland the new Albania of Europe???

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October 3 2009, 9:07 PM 

Trust me there is a significant NATO presence on Iceland, it is where WWIII's "Battle of the Atlantic" would have been run out of...for all three days of it.

Imaginary wars are a hot topic in iceland, they have declared that their nation played a big role in the world war that never happened, not even relying on fish sanctions this time had it happened. As of 2007 the school curriculum board has made it compulsory for all 3 schools around the nation to teach this hypothetical scenario in history class.

yeh im gonna stop, this feels bad now.

----------------------------------------
And all of this controversy circles me
And it seems like the media immediately points a finger at me
So I point one back at 'em
But not the index or the pinky or the ring or the thumb
It's the one you put up when you don't give a ****
When you won't just put up with the bull**** they pull
Cause they full of **** too


    
This message has been edited by PappaRage on Oct 3, 2009 9:16 PM
This message has been edited by PappaRage on Oct 3, 2009 9:14 PM


 
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Re: Iceland the new Albania of Europe???

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October 3 2009, 10:19 PM 

For the record, I think Iceland is a beautiful country with beautiful girls. Hopefully I'll get a chance to visit next year when I go to Norway. Maybe my tourist dollars can help them, they are good people.

__________________________________________
The art of knowing is knowing what to ignore.

Rumi

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This message has been edited by kia4ever on Oct 3, 2009 10:20 PM


 
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Re: Iceland the new Albania of Europe???

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October 4 2009, 1:17 AM 

dont waste timeds talking of somed desolate barren backward frozen gutter

which never ever was world power and never will beings in any fields, which never contributed to world in fields of science morality philosophy logicals mathematicals physics astroniqmieu cosmologieds medicinals physiologicas etc etc...

a bunch of t*ats who live off EU dole gone bankrupt

hahahah

its too much funny but also too much irrelevants to discussioneds



===========================================
I am old Christiankiller
Sorry for offensive to our good religion christian brothers
I am not hating christians

 
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Hawkssss
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Re: Iceland the new Albania of Europe???

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October 4 2009, 5:12 AM 

No one would have picked (or noticed) icelnd if Prime_Evil hasn't been a prick ever since he showed up on WAFF.....Something to ponder upon.....

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Re: Iceland the new Albania of Europe???

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October 4 2009, 11:57 AM 

The pop of Iceland is about the size of a medium-size French city and it's economy was about a third of French automaker Renault. I don't think Europeans will stand while Iceland goes to hell. A cople of billions might restore its economy. Iceland should have never refused EU membership. Iceland actually a nice place. It used to just a monotonous white landscape before trees were planted all over the country.

---------------------------
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De Gaulle to the General Koenig, Norman hero of Bir Hakeim: "Hear and tell your troops: the whole of France is watching you, you are our pride."[

 
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Eric
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Re: Iceland the new Albania of Europe???

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October 4 2009, 12:05 PM 

I support Iceland and I hope they won't accept turds like the rest of Europe. Iceland for Icelanders!

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When I was young I used to pray for a bike, then I realized that God doesn't work that way, so I stole a bike and prayed for forgiveness.

 
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Re: Iceland the new Albania of Europe???

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October 4 2009, 12:31 PM 

Why are you debating a year old article that is history....

Nothing in that article turned out as bad as they said it would.......



 
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Re: Iceland the new Albania of Europe???

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October 4 2009, 1:57 PM 

No it's not. Albania doesn't have that many blonde chicks.

-------------------------------------------------

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xtanbul
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Re: Iceland the new Albania of Europe???

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October 4 2009, 2:21 PM 

Icelandic people have chinky eyes. Their blondes don't count.

---

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Eric
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Re: Iceland the new Albania of Europe???

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October 4 2009, 2:42 PM 

Turks see chinky eyes everywhere, maybe it's because of Turkish music and the guaranteed constipation problems that surely follow.

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When I was young I used to pray for a bike, then I realized that God doesn't work that way, so I stole a bike and prayed for forgiveness.

 
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Hawkssss
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Re: Iceland the new Albania of Europe???

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October 4 2009, 2:44 PM 

I always wonder why would a turk who is a Mongloid by origin would look down on Asian facial features? Identity crisis or inferiority complext?

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Big Fat Panda Bear
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Re: Iceland the new Albania of Europe???

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October 4 2009, 2:49 PM 

LOL. Turks don't have ch1nky eyes but they still claim relations to Genghiz Khan, the Mongols and the Uighurs. LOL

Genghiz Khan
[linked image]

Mongols
[linked image]

Uighurs
[linked image]


But true, the most famous Icelander does look ch1nky. LOL

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[linked image]

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xtanbul
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Re: Iceland the new Albania of Europe???

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October 4 2009, 5:33 PM 

I always wonder why would a turk who is a Mongloid by origin would look down on Asian facial features?

--------

When did I look down on Asian features?

Stating people with chinky eyes have chinky eyes is not looking down. Snap out of the "minority syndrome".

---

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xtanbul
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Re: Iceland the new Albania of Europe???

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October 4 2009, 5:37 PM 

@Eric the Belgian

Your post was neither funny nor offensive. You don't belong in WAFF.

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Dolphins win
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Re: Iceland the new Albania of Europe???

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October 4 2009, 6:28 PM 

bjork's from iceland? ...I take back all the nice things that I said about that country

__________________________________________
The art of knowing is knowing what to ignore.

Rumi

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Dolphins win
(Login Persian_revenge)
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Re: Iceland the new Albania of Europe???

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October 4 2009, 7:08 PM 

Hey acterlijke Vlamoek ERIC,

Well, for a people whose very living standards is based on exploitaion and chopping off hands, you have some nerve.

These very same people you ungreateful scums now reject rebuilt your godforsaken dump you called you country after the war exposing themselves to all kinds of respitory ailments doing jobs no scum like your parents would do like working in the mines and now you call them names?



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Dolphins win
(Login Prime_evil)
Europa

Re: Iceland the new Albania of Europe???

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October 5 2009, 3:19 AM 

LMFAO at some desperate Iranian losers.

You can call Iceland whatever you want, but until you live in your own nation and off European welfare and generosities, you really should STFU.

And Iceland accept EU membership? Oh no, then we will have to let idiots like the refugee Iranians in to avoid them being hang from cranes by their mullahs......


Since it lacks a miltiary, its national weapon during world war two was fish sanctions against the axis. Ohhhhh.... how did those germans endure without fish.

LOL.

As opposed to Iran which did.........what exactly in WWII?

 
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(Login Prime_evil)
Europa

Re: Iceland the new Albania of Europe???

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October 5 2009, 3:22 AM 

No one would have picked (or noticed) icelnd if Prime_Evil hasn't been a prick ever since he showed up on WAFF.....Something to ponder upon.....

Ah the irony.

The biggest prick calling someone else one.......didn't you miss out your famous 1o11o1o111o1 failed binary?

 
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(Login Persian_revenge)
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Re: Iceland the new Albania of Europe???

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October 5 2009, 3:49 AM 

off European welfare

 

If you had a grain of intelligence, you would realize that I have already established by the above-posted article who is more likely to be on welfare. Besides, lets not forget that considering Icealbania within Europe by itself is more of a charity case. So, STFU rather applies to. Unless, you want me to dig further and expose you further.

I would keep very very quiet, if I were you.

 

 

I hear some of you calling Iceland insignificant. Pls dont piss off Icealbanians. Unless, you want Mackerel out of your diet.

 

Phoenix4.jpg 



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This message has been edited by Persian_revenge on Oct 5, 2009 3:52 AM


 
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(Login Prime_evil)
Europa

Re: Iceland the new Albania of Europe???

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October 5 2009, 3:58 AM 

If you had a grain of intelligence, you would realize that I have already established by the above-posted article who is more likely to be on welfare. Besides, lets not forget that considering Icealbania within Europe by itself is more of a charity case. So, STFU rather applies to. Unless, you want me to dig further and expose you further.

Don't confuse a loan with welfare you idiot.

Welfare is what comes in your monthly check. Loan needs to be repaid.

 
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Sir LurkaLot
(Login w00tness)
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Re: Iceland the new Albania of Europe???

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October 5 2009, 6:52 AM 

Amazing how vocal these Iranians become once they get asylum in Canada or London or LA....haha!

Its almost like in Iran they wont hang you from a pair of jeans for wearing a lamppost. Oh wait...

[linked image]
==================================
Tu dhoop hain jham se bikhar
Tu hai nadee o bekhabar
Beh chal kahin ud chal kahin
Dil khush jahan teri toh manzil hai wahin.

 
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(Login kia4ever)
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Re: Iceland the new Albania of Europe???

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October 5 2009, 2:30 PM 

Or it's almost as if in India people don't drink cow urine and rat sh1t for it's medicinal qualities.. oh wait

__________________________________________
The art of knowing is knowing what to ignore.

Rumi

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Sir LurkaLot
(Login w00tness)
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Re: Iceland the new Albania of Europe???

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October 5 2009, 2:37 PM 

Last time Kia went to Iran he almost got stoned by the IRGC cause women weren't allowed to roam alone outside after 5pm.

[linked image]
==================================
Tu dhoop hain jham se bikhar
Tu hai nadee o bekhabar
Beh chal kahin ud chal kahin
Dil khush jahan teri toh manzil hai wahin.

 
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(Login Prime_evil)
Europa

Re: Iceland the new Albania of Europe???

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October 5 2009, 2:45 PM 

I guess most Iranian think its no big deal to shoot innocent people and hang people for wearing jeans so long as a little dwarf can shout, scream and stick his little middle finger to US/Israel.

Now, of course, if they are living in Iran instead of enjoying the welfare of the West in their ghetto we may actually think their opinions is worth something.

 
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(Login kia4ever)
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Re: Iceland the new Albania of Europe???

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October 5 2009, 2:54 PM 

people leave Iran because of the government, people leave India cause it is a huge garbage dump.

Funny thing is there are Indian immigrants everywhere and the only significant Iranian populations are LA and Toronto and Indians outnumber us in both places significantly.

So in all fairness India's ****iness is worst than Iran's evilness.

__________________________________________
The art of knowing is knowing what to ignore.

Rumi

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(Login kia4ever)
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Re: Iceland the new Albania of Europe???

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October 5 2009, 2:57 PM 

I guess most Iranian think its no big deal to shoot innocent people and hang people for wearing jeans so long as a little dwarf can shout, scream and stick his little middle finger to US/Israel.

Now, of course, if they are living in Iran instead of enjoying the welfare of the West in their ghetto we may actually think their opinions is worth something.
______

Most Iranians actually think the contrary that's why they are leaving the country or protesting in the streets. Also who is living off the welfare of the west. Iranians are among the most educated immigrant groups and they have the lowest rates of crime.

Personally I'm in the Canadian Army as well, but according to the Indians here, I'm a coward for joining the military. Urine poisoning is a real threat, the posts of the Indians here is proof of it.

__________________________________________
The art of knowing is knowing what to ignore.

Rumi

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Sir LurkaLot
(Login w00tness)
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Re: Iceland the new Albania of Europe???

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October 5 2009, 3:15 PM 

Funny thing is there are Indian immigrants everywhere and the only significant Iranian populations are LA and Toronto and Indians outnumber us in both places significantly.


And thats obviously not because there are 1.2 billion Indians compared to a few tens of millions of Eye-ranians??

So in all fairness India's ****iness is worst than Iran's evilness

In all fairness, you're a fag! Go dye your hair you pansy, in Awesome Iran you'd get hung from a donkeys tail for wearing those slacks! HAHA!

Personally I'm in the Canadian Army as well

Well at least you're not shameless enough to badmouth the country you live in, lol. Now about that anti-immigrant rants you were launching in the den a few days back...lol

according to the Indians here, I'm a coward for joining the military.

Wait, which Indian said that? Making sh1t up or something? Btw, quick serious question, in case war breaks out and Canada is forced to participate against Iran, which side will you pick??

the posts of the Indians here is proof of it.

No beta jan, I'm just poking fun at you cause I'm bored, lol. I know Iranians are decent people haha, believe me when I tell you this but there are a LOT of your students studying here in Bangalore. Far more than you could even imagine! They're kinda bad at studies though..


[linked image]
==================================
Tu dhoop hain jham se bikhar
Tu hai nadee o bekhabar
Beh chal kahin ud chal kahin
Dil khush jahan teri toh manzil hai wahin.

 
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Dolphins win
(Login PappaRage)

Re: Iceland the new Albania of Europe???

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October 5 2009, 4:34 PM 

Kia jan just leave the indians alone bro, they take internet arguments way too seriously for anyone to enjoy it and you just leave with a headache. You can not really blame them because they really dont have alot to be proud of, but they are good people they only want to defend their honour which is a big thing in india. Prime knows we are just joking with him so it is ok because he wont get too upset but making fun of an indian because of the state of his country is like making fun of a dead person at his funeral really theres no novelty in it. Just let it go bro and save yourself the headache and ignore their comments.

I would say this in farsi because I know it may be offensive to the indians but it is against forum rules to do that unfortunately.

----------------------------------------
And all of this controversy circles me
And it seems like the media immediately points a finger at me
So I point one back at 'em
But not the index or the pinky or the ring or the thumb
It's the one you put up when you don't give a ****
When you won't just put up with the bull**** they pull
Cause they full of **** too

 
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(Login kia4ever)
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Re: Iceland the new Albania of Europe???

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October 6 2009, 12:37 AM 


Kia jan just leave the indians alone bro, they take internet arguments way too seriously for anyone to enjoy it and you just leave with a headache. You can not really blame them because they really dont have alot to be proud of, but they are good people they only want to defend their honour which is a big thing in india. Prime knows we are just joking with him so it is ok because he wont get too upset but making fun of an indian because of the state of his country is like making fun of a dead person at his funeral really theres no novelty in it. Just let it go bro and save yourself the headache and ignore their comments.

I would say this in farsi because I know it may be offensive to the indians but it is against forum rules to do that unfortunately.
_____

I will try and tone it down a little.

__________________________________________
The art of knowing is knowing what to ignore.

Rumi

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Sir LurkaLot
(Login w00tness)
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Re: Iceland the new Albania of Europe???

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October 6 2009, 4:36 AM 

You bring shame to my nation, on he interwebz! This is not over yet!!

[linked image]
==================================
Tu dhoop hain jham se bikhar
Tu hai nadee o bekhabar
Beh chal kahin ud chal kahin
Dil khush jahan teri toh manzil hai wahin.

 
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hbogyt
(Login hbogyt)
Middle kingdom(China)

re

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October 6 2009, 5:38 AM 

Prime Evil can you tell me the story where ice land avoided an invasion by naming Greenland "Greenland" and themselves Iceland.

 
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Dolphins win
(Login 7castle)
Europa

Re: Iceland the new Albania of Europe???

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October 6 2009, 11:15 AM 

Irkut , you're melodramatic again. Russia buys back what ? From what I remember they sold Alaska at some point and now look, demographics are going down and your Russia is borrowing money from China, USA and anyone who can. The oil consume is down and the trend will continue. Never the world will consume oil like it did back in 80's and 90's. And that being said, Russia is as bankrupt as Iceland if, if not worse.
Sop dreaming you people, see the reality.

[linked image]

[linked image]

 
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(Login Prime_evil)
Europa

Re: Iceland the new Albania of Europe???

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October 6 2009, 4:27 PM 

Prime Evil can you tell me the story where ice land avoided an invasion by naming Greenland "Greenland" and themselves Iceland.

Ok, here it goes.

One day a American college student had too much weed to smoke, and due to his limited knowledges of history outside USA, notice that Iceland is not so cold with more vegetation than Greenland, which is much colder and has more ice. Thanks to the influence of marijuna, this may have been funny to him.

Then the story was born. happy.gif

Now, hbogyt, can you tell the story where China is this kingdom that is supposed to last continuous for last 3000 years, when the rest of the world remembered it being conquer 3 times: by Mongols, Manchurain, and Westerners? happy.gif

 
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The Immortal soul
(Login rightoussoul)
Immortal Iran

Re: Iceland the new Albania of Europe???

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October 6 2009, 5:15 PM 

Prime that must have been some good weed... proves the saying that if you tell a lie a million times it becomes the truth. Perhaps you should also not believe everything you hear or read?

On the subject a friend of mine who is an engineer went to Iceland from Iran a few years ago for some project. He was telling me that the people are nice. He was not too fond of the weather thought but thats to be expected when you have a guy who is used to living in Iran....




    
This message has been edited by rightoussoul on Oct 6, 2009 5:16 PM


 
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(Login anglozionazikiller)
Member

Re: Iceland the new Albania of Europe???

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October 7 2009, 4:02 AM 

i thinkeds this thread deserved closings for two reasons

1 icelands insignificants useless worthless frozen dump of EU

2 this threads not military relateds

===========================================
I am old Christiankiller
Sorry for offensive to our good religion christian brothers
I am not hating christians

 
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Dolphins win
(Login ferryman2393)
Malaysia

Re: Iceland the new Albania of Europe???

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October 7 2009, 5:33 AM 

at last, a voice of reason.

[linked image]

 
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(Login pancasila)
Pakistan

Re: Iceland the new Albania of Europe???

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October 7 2009, 8:25 AM 

the title of this thread false since the beginning,

iceland never will be become Albania,

Albania have 1000x more beautifull lansdcape and nature lives
Albania have toons preety,hot and sexy ladies
Albania have nice weather

overall just asking everyone which one you chose between two to spending time for holydays, you will know the absolute answer and that's Albania

Eliza Dushku >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> Bjork
-------------------------------------------------------------------------------------------------------------------
..............................................GREEN INDONESIA...........................................................
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This message has been edited by pancasila on Oct 7, 2009 8:31 AM


 
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