The Icelanders are hoarding food (yes: food!), according to SvT, after the stock exchange had suspended bank shares and the Icelandic Krona is in free fall. However, Toys ‘r’ Us and furniture store ILVA also saw many customers.
The Copenhagen stock exchange also experienced one of its worst days ever, following an agreement between the Danish government and banks guaranteeing savings.
One handy indicator for me is a savings scheme I opened back in 2002. Back then, I placed 75000 SEK on a special account. At its maximum, it had increased in value to somewhere around 90000 SEK but now it is down to 63000 SEK. Talk about rollercosters.
And no: I’m not selling any of my shares. And I have a rented apartment 🙂