They are Lucky that they are White Folk

Because we now have a report that Iceland is going to accept an IMF bailout in the amount of $6 billion, about $18,740.10 per person living there, and about 1/2 of the island's GDP.

Luckily for them, they are white, because the "strict measures" to be demanded by the IMF will be along the lines of, "a stipulation that Iceland quickly deleverage its three nationalized banks Kaupthing, Landsbanki and Glitner."

If they were more darkly complected, you would likely see things demanded like a reduction of the minimum wage, the abolition of free primary schooling, the abolition of the government health care system, higher sales taxes and lower income taxes to favor investors, the sale of public utilities to foreign investors, a roll back of labor rights and employment protections, and aggressive measures to depress domestic consumption at because it would theoretically benefit exports.

BTW, that the last one is called creating poverty, which is fine for the n*gg*rs, but just wouldn't do for the pale skinned blue eyed folk.