Apart from the cash/ash joke (btw, Icelandic really doesn’t have a letter C), I’ve heard the following two jokes as well around here:
- The volcanic terrorist ransom: “Leave x billion Euro in unmarked bills outside the Icelandic embassy in y and Iceland will consider to turn off the volcano for now.”
- The last will of the dying Icelandic economy was that its ashes be spread all over Europe.
Guess when there’s nothing else left, you still have the option to laugh 