Greenland has finally succumbed to the worldwide financial crisis that has hit every other country.
With a population of twenty-nine, Greenland had thought itself immune from the financial implosion elsewhere, but that is no longer the case as the number one export of Greenland has seen sales drop by over ninety percent in recent weeks.
Greenland has long been the source of the world's ice cubes, but with other countries no longer having the spare cash to import ice cubes, as they have traditionally, they have been forced into making their own, decimating the small Greenlandish community.
"It is terrible, yes?" said Spöön Nifförk, export minister and moose antler repairman. "We have been, how you say, exporting ice cubies for two hundred of your Western years and have never seen a downturn like this, yes?"
Cutle Arydråw, CEO of Greenland's largest ice cube factory and Skidoo stuntman has been forced to lay off fifty percent of his workforce, his wife Hös Arydråw, who must now rely on her other income from stitching snow bags.
"She is most livid and my life isn't worth moose poop," he told reporters. "It is getting sö båd I will have to lay myself off and fold up the business."
Whilst the ice cube downturn has had a disastrous effect on the Greenlandic community, it has been more beneficial for Beko, who have seen sales of ice cube units in their freezers climb month on month.