Wednesday, October 8, 2008

Iceland is Broke!


You read that headline correctly, The Republic of Iceland is currently fighting for their economic lives. According to the Guardian:
By the start of this year, Iceland's three banks had foreign liabilities of more
than $100bn– dwarfing the country's gross domestic product of $14bn.
Now,
suddenly, everything may be gone, the economy wiped out with the same
cataclysmic devastation that was regularly visited on the land by the eruptions
and plagues of earlier centuries.
Now admittedly, apart from Reyka Vodka (yum!) I don't know much about Iceland, their history, or their economic system, but I would have to imagine this is all some sort of karmic retribution for unleashing Bjork on the world.



Here's my suggestion. Let Disney buy the country. Owning a whole country really is the only logical step in the company's progression.

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