The “economic climate” referred to by my dentist is undoubtedly stressed – economic assets are vanishing faster than the ice shelf in Antarctica. Naturally, I turned to Darius my son and the family expert on economics.“You’re asking me, Dad?”
“You are the economist. You should know what to do in these troubled times.”
“My US bank account was with Washington Mutual.”
“Didn’t they go broke?”
“My Iceland bank account was with Glitnir.”
“Weren’t they taken over by the Icelandic government?”
“My salary is “paid” in Icelandic Kronur.”
“… and those are…”
“… worthless! The Kronur dropped 50% last week. The country is asking the IMF for assistance.”
“The IMF? I thought banana republics…”
“At least it’s better than Zimbabwe dollars.”
“Not much.” I replied.
“And it’s dark in Bifröst where I work – two hours North of Reykjavik.”
“I didn’t know anything was North of Reykjavik.”
It’s snowing…”
“Already?”
“Only when it’s not sleeting. The government warned people not to hoard. What do you think I should do, Dad?”
“Nice talking with you, Dar. Go to the grocery store. Stock up on necessities before the dastardly hoarders get everything.”
1 comment:
I should probably also hurry to the bank and withdraw everything before the dastards' panic triggers a bank run.
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