Is Iceland really melting ?


The first ally Iceland turns to turns to be Russia.

Not Europe, not the IMF. Russia. Without any warming.

Medvedev-Putin happily oblige.

Maybe Iceland's financial system is melting. But Russia seems to be building a stronger front around the North Pole. 

Keep your eye on the ball, Europe. Not Georgia, not Ukraine. The ball at the top of the Kremlin.

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