Financial crisis in Iceland, from Uboat.net

[Captain Nemo]

Originally Posted by Konovalov

Then again this might be a great time to travel to Iceland for a holiday.

I was in Iceland back in December/January and it's a very interesting place to visit. At the time I went it was expensive, pint of beer £5-6, but it sounds like the crunch has made it very cheap. Having said that, Iceland relies heavily on imported goods and if their currency has been devalued by 90% I don't know how that would really make things cheaper as inflation would be astronomical. Also, I'm not sure the Brits would be welcome at the moment, what with using anti-terror laws to seize Icelandic assets in the UK.

Nemo