This was written in July 2023 for an International Business Class.
It is about a 5 min read.
From beneath the frigid waters of the north Atlantic,
where the ocean spray crystallizes and freezes upon contact with the skin,
emerges from the fog, a volcanic island shrouded in an aura of darkness. Its
foreboding black sand serves as a reminder of the primordial chaos that once
dominated this world—a space where the forces of nature converged, punishing
those who dared venture too far into its vast emptiness. Known by various names
such as Thule, Sæland, or Garðarshólmi, this place was recognized as a
hazardous playground by the Vikings of old. With their unwavering willpower and
indomitable strength, they carved out a livable vestibule on this land of ice
and fire. The Vikings would turn this desolate region into a paradise between
worlds, and between the realms of heaven and hell. What the Vikings built,
their descendants preserved, and thus Iceland as we know it today was birthed from
the crucible of their endeavors.
As previously mentioned, Iceland is located in the
North Atlantic, positioned between two worlds—the old world and the new world,
specifically the continents of North America and Europe. The island itself
rests upon the boundary of these two tectonic plates, accounting for the
region's high volcanic activity. Iceland boasts a total of approximately 130
volcanoes, all of which remain active. The distinct black hue of the soil and
sand can be attributed to aeolian volcanic ash deposits that have accumulated
over millions of years, gradually shaping the island's unique landscape.
Isolated as an island, Iceland's closest neighbors are Greenland, Norway, and
the United Kingdom, each separated by a minimum distance of 200 miles.
The Icelandic people, forever known for their
friendliness, are the proud descendants of the Vikings who settled the island
in the late 9th century CE. Motivated by the desire to discover new lands
rather than engage in conflict, these Viking explorers sought refuge from the
political turmoil of their homeland. Shortly after their arrival, they would
establish the Althing, the first Icelandic government. Functioning as a
parliamentary institution, the Althing passed legislation and resolved
disputes, embodying the democratic spirit that has endured throughout Iceland's
history. Roughly a century later, Christianity reached the island, gradually
replacing the ancient pagan customs of its inhabitants. Strengthening ties with
Europe, Iceland engaged in significant trade and forged political ‘alliances’
with Norway and Denmark during the Middle Ages. However, the island was not
immune to the scourge known as the Black Death, which arrived in the 1400s and
decimated half of its native population. It would take the islanders centuries
to recover from the devastation and would politically subservient during this
dark time. In 1904, Iceland would finally shed its status as a political
bargaining chip and achieve full autonomy. During the subsequent wars of the
20th century, English troops occupied the island, preventing German/Nazi
encroachment and denying them (Nazi’s) a strategic foothold in the Atlantic.
The Icelandic population held mixed sentiments regarding these occupations
during the wars, but afterward the nation formally expressed gratitude to the
UK for protecting them from the Nazi menace. This gratitude would be expressed
nationally when Icelandic schools began teaching English as required class. In
1949, Iceland joined NATO, becoming a would have been a critical landing ground
for US and Canadian troops engaged in conflicts with European powers. However,
Iceland eventually faced a formidable threat for which it had no formal
defense—an extensive economic collapse facilitated by its unregulated banking
system.
A nation whose humble fishermen had sustained its
economy for over a thousand years, Iceland unexpectedly transformed into a
thriving financial hub for investment bankers before the system inevitably
crumbled. Bereft of natural resources and now devoid of financial stability,
the land that once teemed with life found itself barren once again. Riots
erupted in this once tranquil nation, as the long-dormant Viking spirit of
vengeance awoke. Some of the riots leadership transitioned into elected
officials, while the previous government faced consequences for its association
with big banks. Notably, Iceland stands alone as the only nation to have
incarcerated bankers for their crimes against humanity during the 2008
financial crisis. These individuals were also fined and compelled to repay
millions to the noble nation they had painstakingly attempted to break and
corrupt.
Since then, Iceland has sought new opportunities,
particularly in the realm of tourism. Prior to the crisis, Iceland attracted
limited tourism due to the lack of convenient transportation options. To
revitalize their depleted economy, Iceland invested in its national airline,
Iceland Air, facilitating direct flights from all corners of the globe. This
venture proved successful as Iceland Air spearheaded significant economic
recovery through tourism. Visitors from around the world now flock to Iceland
regularly, drawn by the allure of penguins, icebergs, lava formations, hot
springs, and the mesmerizing spectacle of the northern lights—all of which are
abundantly accessible to the public for free.
Several notable locations captivate visitors,
including a crashed DC9 from the World War II era nestled within the mountains,
a museum and archaeological site showcasing the first Viking settlement on the
island, a meticulously maintained Viking village tracing its roots back to Eric
the Red, the remarkable rock formations known as 'Dverghamrar,' reminiscent of
the Irish Giant's Causeway, and numerous historic establishments where one can
partake in the mirth and feasting inherent to Viking tradition. Natural tourism
thrives as well, with the native whales and penguins holding significant
cultural significance. The pristine wilderness beckons to those seeking natural
beauty, offering opportunities for ice climbing, freshwater diving, and of
course, the exhilarating exploration of the volatile volcano systems that add
an allure of danger to the traveling experience.
Reykjavik, the capital city, stands in stark contrast
to most nations, boasting a population of just over 120,000, which represents a
third of the country's total inhabitants. It features a single airport, one
runway, and one terminal. This pattern of modest scale extends throughout
Iceland, making it challenging to get lost. However, in the rare event of such
an occurrence, fear not, as 98% of Icelanders fluently speak English. Meaning
that civilization is only ever one conversation away. This high level of
English proficiency facilitates significant cultural exchange between the
English-speaking nations and Iceland, resulting in a society that, despite
physical isolation, shares similarities with rural territories in the United
States and former English colonies.
As previously stated, fishing has served as the
primary source of Iceland's economy for the majority of its history, albeit
briefly interrupted by a ill-fated foray into investment banking. However, in
recent years, Iceland has pivoted its focus to cater broadly to tourists and
their spending power. While the country exports goods such as raw aluminum,
fish products, and around 1% of oil products, its financial stability heavily
relies on the global tourism market. Approximately 33% of Iceland's economy is
intertwined with the goodwill of outsiders who choose to visit, which perhaps
explains the intrinsic warmth and friendliness of its people.
Overall Iceland is a beautiful place, filled with kind
people who have not forgotten their righteous ancestral rage when villainous
elements rear their ugly head. The land is pockmarked with volcanos which contrast
with the cold climate of the region to provide breathtaking scenery to those
lucky enough to visit. With a history shaped by struggle, resilience, and a
contemporary era nurtured by kindness, Iceland is an extraordinary land.
Positioned as an island between worlds, straddling the realms of heaven and
hell, it leans towards the ascent to higher realms, captivating the imagination
of all who set foot upon its shores. A Tropical Paradise*.
*Not
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