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    0 starsseregine | Shared With: Everyone - Mar 05 2009 | people, business, culture, news, finance, travel, Iceland
    Wall Street on the Tundra

    Incredible story; great mix of personal insight and historical perspective. Read this and you'll want to tell people about it too.

    Quoted: Iceland’s de facto bankruptcy—its currency (the krona) is kaput, its debt is 850 percent of G.D.P., its people are hoarding food and cash and blowing up their new Range Rovers for the insurance—resulted from a stunning collective madness.

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