tag:blogger.com,1999:blog-4815867514277794362.post6093594908607193009..comments2024-03-08T06:18:28.125+11:00Comments on Bronte Capital: A Krona ProblemJohn Hemptonhttp://www.blogger.com/profile/03766274392122783128noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-4815867514277794362.post-28234100861325886272008-11-11T06:47:00.000+11:002008-11-11T06:47:00.000+11:00Perhaps due to slowdown of trade due to the defaul...Perhaps due to slowdown of trade due to the default, not that many people are able/wanting to move in and out of the country, which would slow down the process of formation of an active black market? I imagine it would be somewhat difficult to get suitcases of $/euros through airport security.Scotthttps://www.blogger.com/profile/12392288826388903607noreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-37073693794321243202008-11-10T09:59:00.000+11:002008-11-10T09:59:00.000+11:00There is a black market for currencies going on in...There is a black market for currencies going on in the classified sections of Icelandic newspapers. http://www.marginalrevolution.com/marginalrevolution/2008/10/markets-in-ev-3.html<BR/><BR/>The post even links to one ad, but I don't know of a reliable Icelandic translator online....epicaricacyhttps://www.blogger.com/profile/02969744976995313962noreply@blogger.comtag:blogger.com,1999:blog-4815867514277794362.post-90201587475953502072008-11-10T05:24:00.000+11:002008-11-10T05:24:00.000+11:00I've just got back in touch with an old Icelandic ...I've just got back in touch with an old Icelandic friend, was worried about her. We're just catching up now. She said last week the redundencies started - thousands of people lost their jobs - including her husband. When you consider the *total* population is about 301,000, that's a few pecentage of the total working population. She says it's expected to continue at that rate each month for some months to come. She also says that the Government isn't really saying very much at all - just stuff like "we can't say anything because of the negotiations" - and this is making people unhappy. More as it comes.Anonymousnoreply@blogger.com