Hey everyone,
I’ve been looking into Iceland a lot layely, especially after seeing they now have a [single-country ETF](https://icelandetf.com). It made me wonder about something kind of unusual that could play a factor, volcanoes.
I remember when Eyjafjallajökull erupted in 2010, shutting down flights across Europe for days. At the time, it caused a lot of chaos, but it also helped Iceland. Tourism jumped by over 300% in the years after, and the country got a ton of attention from people who had never really thought about visiting before.
Now with more recent volcanic activity near the Blue Lagoon (which is temporarily hurting tourism), I’m wondering:
If there’s another big eruption, would it actually help or hurt Iceland’s economy in the long run?
On one hand, flight disruptions and safety concerns could hit tourism and the economy short term. But on the other, it might bring Iceland back into the spotlight again and boost visibility like it did before.
I’ve already got a good chunk invested, I’m just curious about if I should invest more, or if I should put it somewhere else Nordic that’s less affected by volcanos and move it back to Iceland after the initial down-tick a large scale eruption is likely to cause.
