Showing posts with label iceland. Show all posts
Showing posts with label iceland. Show all posts

Wednesday, October 15, 2008

Frozen Assets

It's finally here, the crisis they were denying as far back as a year ago. The economic crash has happened, the big bad banks have collapsed and left us with an angry British government(and others) breathing down our necks for their citizens cash. Meanwhile us little folks on this icy rock cannot transfer money abroad, we have to show a valid plane ticket to obtain any foreign currency. We have food store managers telling us to stock up on canned food as they will run out soon, due to their lack of payments to their suppliers!
The streets are occupied by foreign Tv crews and journalists eager for a quote, only yesterday Stephen and I were approached by a Japanese Tv crew to answer some questions on the economy!(we said no).
We are lucky in that we have no savings here, we don't have a mortgage or kids to send to school and feed, so we can cut back and sacrifice where needed. One big cut back this year will be online shopping. No more bargains from the US, for our xmas presents. This year it will be an even more crafty christmas.
Also this will be the first ever christmas day in work for both of us. Not an exciting prospect, but on the good side we are on holidays the day after for a week ;) For us though, once we can celebrate New Years as usual that is fine by us. You have not had a New Years eve until you have watched the fireworks from Perlan!
This is New Years Eve 2005, there is some mild swearing ;)