Iceland Economy

The United States is not the only economy in crisis. As I saw in today's paper and online, Iceland's economy is on the verge of total collapse. From today's London Guardian

It was also built on a massive inflow of funds into the country's banks and highly leveraged raids on the riches of Western Europe. By the start of this year, Iceland's three banks had foreign liabilities of more than $100bn– dwarfing the country's gross domestic product of $14bn.
Now, suddenly, everything may be gone, the economy wiped out with the same cataclysmic devastation that was regularly visited on the land by the eruptions and plagues of earlier centuries.

As Colby and Annie prepare to Iceland, please pray for their opportunities to share the good news to a lost and huring nation.