The Dominion of Molson Iceland is a gargantuan, orderly nation, ruled by JOLT with an iron fist, and notable for its rum-swilling pirates, barren, inhospitable landscape, and pith helmet sales. The hard-nosed, cynical, humorless population of 44.278 billion Molson Icelandians are ruled without fear or favor by a psychotic dictator, who outlaws just about everything and refers to the populace as "my little playthings."

The medium-sized, corrupt, socially-minded, well-organized government prioritizes Administration, although Industry, Defense, and Education are also considered important, while International Aid and Spirituality receive no funds. It meets to discuss matters of state in the capital city of Pepperoni. The average income tax rate is 37.0%, but much higher for the wealthy.

The frighteningly efficient a Molson Icelandian economy, worth a remarkable 7,519 trillion Molson Gold Bars a year, is driven entirely by a combination of government and state-owned industry, with private enterprise illegal. However, for those in the know, there is an enormous, deeply entrenched, highly specialized black market in Uranium Mining and Retail. The private sector mostly consists of enterprising ten-year-olds selling lemonade on the sidewalk, but the government is looking at stamping this out. Average income is an impressive 169,814 Molson Gold Bars, and distributed extremely evenly, with little difference between the richest and poorest citizens.

Homosexuality has been banned to prevent the spread of homosexuality, roosters that herald the rising sun are immediately sent to the slaughterhouse, the army consists of only generals and grunts, and the most common candidates on ballots are silk and cashmere. Crime is so common that it is unusual to encounter someone following the law, perhaps because of the country's complete lack of prisons. Molson Iceland's national animal is the Cow, which teeters on the brink of extinction due to widespread deforestation, and its national religion is Church of Beer.

Molson Iceland is ranked 331,071^st in the world and 2^nd in United Otter Emirates for Largest Insurance Industry, scoring -29.82 on the Risk Expulsion Effectiveness Rating.