What the Hell Happened to Iceland?

March 6, 2009

“Moneyball” man visits the broken-down country.

“Wall Street on the Tundra” by Michael Lewis.

from Vanity Fair

Previously on Take 2:  Iceland is…What?

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Iceland Is What…?

December 30, 2008

Can a nation declare bankruptcy?

“Iceland After the Fall”

“Iceland is, for many of us, the waist of the hourglass: the narrowest point in the flow of culture and commerce that buoys modern life, a place where the First World is winnowed and exposed. This is why we call its financial collapse a “crisis.” It’s the reason some of us with no clear stake are keen to learn what happened.” Written by Nathan Heller.

from Slate