If your ancestors were marauders, you’re not likely to have qualms about keeping £3.6 billion of somebody else’s money.

Iceland’s threat to default on its debt to Britain should surprise no one. Icelanders are, by nature, intrinsically unreasonable. It is part of their charm and the secret of their survival. If the founders of that unique nation . . .

The national genetic records are precise. The men and women who want to repudiate the obligation to repay the loan are directly descended from the heroes of the sagas. When those marauding old Norsemen found that they had mistaken Venice for Constantinople, they sacked it anyway because sacking was their business. Their progeny are not going to feel many qualms about keeping £3.6 billion of somebody else’s money. by Roy Hattersely ~ Guest Contributor - 08-Jan-10.

http://www.timesonline.co.uk/tol/comment/columnists/guest_contributors/article6979915.ece