Frightfully un-doll-related..

Oct 24, 2008 10:01

But here we go, anyway.




My country is in the shit. Our banks dug a hole, and then dragged the whole nation into it. I'm not a 100% on the particulars, but it's mostly because of overfinancing and overspending which has blown terribly out of proportion.

And UK Prime Minister Gordon Brown decided to use a terrorist legislation against the whole nation, because of some made up charge that we were not going to honour our debts. So, we are in the shit, regardless of what we were or weren't going to do. All assets of icelandic companies were frozen, and most imports have been stalled, if not stopped completely. It's a very dangerous things to have happen in a country that relies on import for about 50% of all neccessities..

I've been reading articles in the paper/online about how icelandic people abroad are being treated less than respectfully because of their nationality, and while we can try our best at shrugging this crisis off here at home, it really hurts to read about how unforgiving the world can be. We're all hurting because of this, and while the condition of the icelandic economics has certainly influenced a lot of people in Scandinavia and the UK badly, I think that it's us, the icelanders, that are coming out of this in the worst way. A lot of people have lost their life savings, many loans have inflated by upto 80% (especially house- and car loans, taken by young people that were just getting started), we're looking at a bout of unemployment, and basically jumping about 20 years back in time in regards to availability of produce, medicine etc.

We're not sure on who exactly is responsible. Some fingers point to the government, some fingers point to a selective group of icelanders (wealthy, influential idiots), some point to the icelandic nation itself, and some go as far as pointing sharply abroad - and it's difficult to know what to believe.

I'm young, and thankfully don't own anything which could be lost, but I am a mother, and I'm terribly worried about how this will affect the future of my boy.

And this is also the reason I've been so out of the dollery. My doll is the only thing I that can make me forget, but it hurts to play when shopping online has been eradicated, as the ISK currency has decreased by almost 40% (and is still deemed completely worthless in banks all over the world). I have money, but I can't spend it.

http://www.indefence.is/?pageid=545

Life is bleak at the moment, but it'll hopefully pass. I just don't know how many months I'll have to be sufficient eating noodle soup at a terribly inflated price..
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