No offence to our readers from Iceland, and neither are we trying to make fun of their recent economic problems, but we could not stop laughing when we saw a lunatic put up Iceland for sale on eBay.

The sale started at 99 pence and was heavily bid on receiving 84 bids from 26 people, the last bid was a whipping 10 million pounds. The bid read:

"Located in the mid-Atlantic ridge in the North Atlantic Ocean, Iceland will provide the winning bidder with — a habitable environment, Icelandic Horses and admittedly a somewhat sketchy financial situation,"

There were several funny question being asked by bidders which included "Do you offer volcano/earthquake insurance?", "Is it possible that my payment will be frozen?", and "Will you accept C.O.D. as a form of payment?"

The bid has been taken off by eBay as of now, but this definitely shows how a unregulated market can have lunatics selling things that do not belong to them. What next, do we see this blog on sale at eBay.