In the banking crisis Icelanders had been venting their wrath on the British government, but the blame lies nearer home

"Keep the change mate, I'm Icelandic, I owe you a lot more than that," I say jokingly in the local shops. Making bad jokes is my way of dealing with the embarrassment of being Icelandic in these turbulent times.

Eirikur Bergmann's articles for Cif last week didn't help. Like Eirikur, I too am angry. But unlike his misguided anger, mine is firmly focused on the Icelandic ruling elite and its millionaire cronies. 25-Oct-08.

http://www.guardian.co.uk/commentisfree/2008/oct/25/iceland-creditcrunch