We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
The Skeleton Economy: Icelandic Crash
Seajays
Posts: 100 Forumite
Makes interesting reading with something of a take on the history that led Iceland to the point they're in now...
The Skeleton Economy
The Icelandic economy has crashed. The government has nationalized all three of the major banks in Iceland and most Icelandic financial institutions overseas are bankrupt. The global credit crisis that has left banks in Europe and the US bankrupt has hit Iceland like a natural disaster. During a two-week period our economy was wiped out and left in ruins.
Read more: http://www.grapevine.is/Features/ReadArticle/The-Skeleton-Economy-The-Icelandic-Economy-has-Crashed-the-government-has-nationalized-all-three-of-the-major-banks
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.4K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.3K Work, Benefits & Business
- 604K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards