Icelandic business is thriving, and Icelandic businessmen are buying companies, football teams, supermarket chains etc. all over the place. There is a new breed of very wealthy people out here, who are not particularly bothered by the fact that, e.g., food is 65% more expensive than the European average here.
I just heard that the director of Samskip, one of the local new rich man, has just turned 50. For his birthday, he had Elton John sing for his guests. Cost: over 100 million ISK (about 1,110,789 euros)! This is one sixth of the annual budget of the Icelandic research council. I estimate that, with that money, I could hire at least 11 visiting professors for a year, changing the face of my department.
Life is not fair.