Poor folks. They thought they were doing so well, lots of luxury shops, euro-lounges, high-living, and then BOOM, their currency craters, they lose their life's savings, their banks fail, their companies and jobs go away.
Iceland. Not some banana republic. Iceland.
Amazing. And now it feels like it can happen anywhere. To anyone. At anytime. When you least expect it.
I might have to pop on up there to see it for myself. Anyone ever been?
October 09, 2008
Posted by blogger at 10/09/2008