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To: Chet 99
Just looking into the prices on those Icelandic sheepskin coats and they've been coming down ~ but not quite enough to pay for a trip ~ although hotel prices look good, and there's plenty of fish to eat.

Beyond fishing and sheep they have their volcanos to keep them warm.

Alas, fishing alone can't keep them at middle class income levels. This leaves them few choices ~ maybe institute surfdom again, or convince a lot of them to emigrate to America or Canada. They once lost over 40% of their population over just one eonomic collapse.

8 posted on 01/29/2009 7:04:36 PM PST by muawiyah
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To: muawiyah

A few years ago I had looked into investing in Icelandic CD’s - they were paying over 13% interest just to park your money in their banks. Glad I took a pass.


10 posted on 01/29/2009 7:10:05 PM PST by Chet 99
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