Icesave

Right, today the government have proposed (which basically equals a firm decision) that every Icelander - this includes everybody from baby to OAP - will have a huge loan to pay off in the foreseeable future. The numbers we hear range from 4,5 to 12 million Icelandic krona, which translates into roughly 2,000 to 6,000 Pounds Sterling, seeing that the krona isn't standing particularly strong at the moment! Still, this means that my two brothers' children set to be born in the beginning of December will be born heavily in debt.

And all the while we don't get any information from the government what exactly is involved in this deal of theirs. Apparently the International Monetary Fund have this as one of their conditions for their loan. It has been demonstrated before that the IMF have done spectacular jobs of bankrupting whole nations with these unfair conditions of theirs. Now we foresee that the inflation is going to be MASSIVE in the new year because of the IMF.

All of a sudden everybody is really set on applying for EU membership, because they think this is the only way out. I find this really sad. This will mean that we loose what little independence we still have and our agriculture and resources will be lost into the hands of the little bureaucrats of Brussels. Pitheeeuwy!

Apart from this I am good! I am singing in a choir now and we are giving an advent concert at the start of December. I found out at practice last night that we are each supposed to wear a shoe-length burgundy velour dress with a long cream coloured scarf hanging down on each side. Hoooorrrible! Apparently, I am borrowing of someone who used to sing in the choir, I am sure she is a whole meter shorter and a meter wider, so I will end up wearing a really, really short, really, really wide dress so will have to be at the back!

Finally, to keep up the good spirits, visit www.newiceland.net, it's what keeps us alive up here now.