No, the UK is not just as fucked as Iceland. No Western country is as fucked as Iceland is right now. Iceland is in the process of ceasing to exist as its citizens know it. They face the possibility of having to be reorganized by the IMF, and even possibly losing their currency. Their country is completely bankrupt, and no world markets will accept their currency. They are worse off than all of the other Western countries by orders of magnitude. No other Western country facing the level of disaster that Iceland is facing at this time. And they are a very small country, so they don't have the kinds of resources to help them deal with it that other countries have.

And it is about compassion. Having the compassion to cut someone some slack when their country is at the lowest point it can possibly go.

The Netherlands government was able to work out a way to solve the problem of getting their citizens' money back without all of the heated rhetoric that the government of the UK is throwing around. It's not necessary for the UK government to behave as it has been in order to solve the problem. They are using Iceland as a scapegoat in order to divert attention away from their own culpability, and I am criticizing that on humanitarian grounds.