For Those Still Paid In Dollars

If you haven't been there, BootsnAll is a great site for travel information. When we were planning our Africa trip, I found most of my information via either Bootsnall or Lonely Planet's Thorn Tree.

Anyway -- Bootsnall has an interesting article for these economic times: "8 Countries That Have Suddenly Become Cheap for Americans". The one blurb that stuck out to me was Iceland. The recent collapse of the Icelandic banking system was big news over here for a couple of reasons. First, a large majority think that although the UK didn't cause the failure, they swung the death blow by freezing the assets of one of the big Icelandic banks. The UK did this by invoking an anti-terrorism law. Soon after, things got much worse in Iceland. A big reason the UK froze the assets of that bank was because of the other reason this was big news here: lots of people and businesses in the UK had their money in Iceland -- and now its all but vanished.


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But hey, when life gives you lemons, take a much cheaper trip to Iceland! Due to the crisis, there is currently no "official" exchange rate -- so the value of the dollar is a bit iffy but no doubt a lot better than it was a year ago.

Cheers!



“People are always asking me about eskimos, but there are no eskimos in Iceland” - Bjork