I think this is very well described in the new movie Future of Hope where the development of the national assembly is filmed. Amazing initiative.

Gudjon then helped facilitate another national assembly recently for the government. That one was about a new constitution for the nation.

However, other people just run away. Move to Norway or the UK.

The absolute core defining point of Iceland post-crash is the fact that the same bastards as before run the banks, the same moneymen as before are gaming the system to get all of their corporations back, free of all debt.

Iceland is run and dominated by the same mob as before and all of the new deals surfacing are being put together by the same people as were the cause of the crash.

Iceland is less transparent and more corrupt than before. It’s worse off, not better.

There’s a reason why people like me have left the country over the last few months (1% of the Icelandic nation emigrated in 2009, and that’s not counting the immigrants leaving the country) and that’s because Iceland is closed, corrupt, and about as close to being a free market as a piece of fish fingers formerly known as “Jack the happy cod” would be to being the next president of America.

Additionally, it’s the demands of the Dutch and British that are pushing Iceland close to insolvency, not their leniency.

Guðjón Már is part of the establishment and the der Spiegel article is nothing short of massive PR spin.