Iceland going through Alpha Strategy Blues in currency meltdown

Iceland always seemed like a wonderful place tucked into the middle of the N Atlantic, the people are friendly and until recently, life was cheap.

With an isolated location, and little food production capacity, our Icelandic Neighbors are no confronting empty store shelves and little food to purchase with a no worthless currency.

Alpha Strategy is relatively cheap to pursue while times are good, a family of four needs 3 meals a day, 7 days a week for at least 365 days, or 4,300 meals at about 2 pds of food per meal, give or take, or 8,000 pds of food or 160 bags of Beans and Corn or what have you.

Depending on how much your family consumes and how much food can be acquired via fishing or hunting or domestic production....

Icelanders, whose per capita gross domestic product is the fifth highest in the world, according to the United Nations 2007/2008 Human Development Index, will have to tighten their belts.

Shoppers are paying more for the goods they do get. The cost of fruits and vegetables, nearly all of which are imported, have gone up about 50 percent in recent months, said Steinunn Kristinsdottir, a 33-year-old Reykjavik resident who was leaving the Bonus store with her cart full.

``This situation really has been a bit troubling for people,'' she said. ``They don't know what's going to happen.