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Fri 01 Jan 2010Joke on Iceland and Ireland an example of British 'arrogance'
THE PRESIDENT of Iceland Olafur Ragnar Grimsson has said that a joke linking his country’s economic difficulties with those of Ireland, which circulated in financial circles in London at the height of the banking crisis, was “just a recent example” of the “arrogance of the British”.
The joke – “What’s the difference between Iceland and Ireland? One letter and six months” – implied that Ireland was facing an economic collapse as severe as the Icelandic crash.
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