THE ICELANDIC CRISIS

Hi my name is Sigga and I'm 26 years old mother of four children from the age 2 to 13 years old. We live in Iceland. Iceland is small nation, a beautiful country that many people dream about because they want to see our beautiful country. I think if people want to visit Iceland now is the time :-) because the currency is so cheap now, it has been falling down fast and I really don't think he is at the bottom yet. This is going to get worse. The currency is still falling and our nation is on good way to be bankruptcy. If our government would had joined ESS and changed our currency into Euro, then the Icelandic nation wouldn't have so much financial trouble.

Families are starting to lose their homes and their cars. Interest and loans have increased so much and still are. We have had enough!

The people that are responsible should shame themselves. Now they are taking loans, not one, not two, we don't know how many but we know that they are putting us the people here in more debt and we are losing everything because of them and they just smile. They don't even work together as an team. One wants this, someone wants something else, we don't know who of the people in our gowerment we can trust. My kids and their kids and so on are in debt when they get born. That's not right and it's not right of the government to do this to their nation

I don't trust my goverment any more. They are criminal maybe not all of them but they are.


Our car

Price on the car 7.2 million kr (Icelandic) when we bought it. We took a loan, 5.5 million kr. and we had to pay per month 74 thousand. Last time we checked our loan then it was about 10 million. Today it is more and we need to pay almost 200 thousand kr per per month.

Do you think we do it? No, we can't pay that much! Before it got that high we tried to talk to the bank and did everything they told us (almost.) The wanted us to take a new loan. What... another loan? NO WAY for us to do that. We need to live, pay the rent and buy food. We don't get our ends together any more because my boyfriend lost his job like thousands of other Icelanders and we just have my salary to live on.
We were financially stable with everything in good with our bank. They pushed us into the corner because we were just pawns of the society. Today my boyfriend is getting bankruptcy over one car like many other people here and companies.

I was answering a question here few minutes ago that sounded like that.
Would you like to live with another family, maybe 3 families in one house that you could rent together so you don't have to spend so much money? My answer was YES.
Here in our country or somewhere else in Europe I think we neet to start again and look at this like an adventure

I think of this every day, a few times a day, how it would be if we would move out to Denmark, Sweden or Norway. Would we have it better than here or similar?

This has been my dream for few years to move to another country to meet new people and start all over again with my family but I'm scared of that if we don't fit in the community or something. I don't know really, but if some other family would go with us I'm gone from Iceland, if we find work and house to live in :-)

In the year 2009 I think many Icelanders and foreigners here will run away from Iceland because we don't want to pay the government's bills (the loans)

Those countries and people that have helped us and stayed by our side in our crisis
I really want to say THANK YOU to ya all!

When you see an Icelandic family that is starting all over in your country please take them with open arms: that could be me and my family :-)

Thanks again
Love from Iceland
mustico@hotmail.com
Sigga Ros

Up and Downs on Iceland.

Most people on Iceland have had it really good for the last years. Other people have been having a hard time to live the rest of the month. Now on the other hand most people have lost all there life savings and are struggling like the other were but those people are struggling even more.

The last year the government had been working on rules so they have it good, but it isn't really good for the people who are struggling. Now some of them are struggling and first now they think about what they can do, because they need help. Other well off people have it fantastic because they knew what was coming so they got ready and made this ten times worse. Now they’re building really, really big summer houses when others can hardly pay for their house.

Then there is the food and other stuff. The food is getting a lot more expensive and there is not as much of it, because we are a tiny island that has to by a lot of stuff from other countries or make it for ourselves. People are coming to Iceland and buying a lot of stuff and taking to their countries. They come to Iceland to work and then send their money out to there families. Icelanders on the other hand can't go to others countries to buy a lot of stuff because we can only buy for certain amount of money to bring back home. The government has opened the country for people from other countries but are putting a stop on us.


So basically you are living great or you life was turned up side down.

by Igor =P