“Demonstrators in front of Iceland’s parliament building, in Reykjavík’s Austurvollur Square, on January 31.” Michael Lewis in Vanity Fair, Wall Street on the Tundra: ““Yes,” he says with a smile, “there’s been a lot of Range Rovers catching fire lately.” Then he explains. For the past few years, some large number of Icelanders engaged in [...]
Entries Tagged as 'iceland'
“Inflation will pay!”
October 27th, 2008
Kristof Magnusson, “Inflation will pay!”: “How did it come to this? The proverbial buck has already been passed round the ministerial departments and political parties – to varying degrees of amusement or dismay among the Icelandic population. But if you look deeper into Icelandic culture and history for reasons behind the current misery, you will [...]
Tags: credit crisis · economy · iceland
Iceland’s bank defaults: lessons of a death foretold
October 10th, 2008
Willem Buiter, Iceland’s bank defaults: lessons of a death foretold: “Early in 2008, Anne Sibert and I were asked by the Icelandic bank Landsbanki (now in receivership) to write a paper on the causes of the financial problems faced by Iceland and its banks, and on the available policy options. We sent the paper to [...]
Tags: credit crunch · economics · iceland · willem buiter
links for 2006-04-14
April 14th, 2006
Hot markets cool off fast in Iceland – Business – International Herald Tribune “This tiny windswept island nation of 300,000 people has undergone one of the fastest, fizziest economic transformations in the world in recent years – one that is on par with the expansion enjoyed by many of the world’s fastest-growing emerging markets.” (tags: [...]
Tags: business · economics · flickr · iceland · os x · quicksilver