"As the summer tourists go home commerce will slow and unemployment rise. Deep resentments will again boil to the surface, as with the citizens movement whose protests brought down the previous government in January. The resentments are now doubly charged by the tension between those who want help with excessive debts and those who were careful, yet face tax rises. It is quite possible that the government could fall within six months. The only plausible alternative involves the two conservative parties which presided over the build-up to crisis."
Robert Wade, professor vid London School of Economics, skriver i Financial Times om att den svåraste tiden snarare kanske ligger framför än bakom Island - bostadslån och en splittrad och svag regering är enligt honom några av hoten.