While pretty much the entire world took a bath in the financial markets last week, few countries got hit harder than Iceland. The elf-filled North Atlantic island saw its currency plummet, its three biggest banks fail, and its stock exchange close due to "unusual market conditions." But while the acute economic meltdown represents one of the biggest challenges the country has faced in generations, it also creates a great opportunity for travelers who had heretofore been dissuaded from visiting Iceland due to its notoriously lofty prices. Better still, rather than viewing opportunistic tourists as vultures swarming over carrion, the nation is welcoming them - and what little cash they have in their pockets - with open arms.
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