Once-Prosperous Iceland Could Be The First “National Bankruptcy”
Published: November 30th, 2008
From CBS (october 7, 2008)
Last year, Iceland won the U.N.’s “best country to live in” poll, with its residents deemed the most contented in the world.
But today the government had earlier announced it had nationalized the banks under emergency laws enacted to deal with the crisis.
From BBC (November 29, 2008)
The annual rate of inflation in Iceland has escalated to a record high of 17.1% as the country battles the worst financial crisis in its history
More on this topic
(What's this?)
Greece vs Iceland Unemployment – The Specter of Things to Come
(Gold Stocks Today, 4/4/13)
Nigeria, Dubai, Iceland: All Better Bets Than US
(Penny Stock DD, 3/2/13)
Iceland Raises Rates, Again
(Random Roger's Big Picture, 6/14/12)
Paul Krugman is Right and Wrong about Iceland: Its About PerspectivePaul Krugman is Right and Wro...
(Value Investing, 7/3/12)
This entry was posted
on Sunday, November 30th, 2008 at 12:47 pm and is filed under Uncategorized.
You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.
