Bjork Bjork Bjork.
V and I loved our trip to iceland so we’ve watched the financial crisis hit there so brutally with a mix of sadness and bewilderment. The nation that seemed so strong and self confident just two years ago has ended up with a shattered economy and significant questions about its long term prospects. How did it all come crumbling down so fast? Michael Lewis tries to answer that question among others in an article for this month’s VF:
http://www.vanityfair.com/politics/features/2009/04/iceland200904
Matt Y basks in the shadenfreude of a country that actually got things wrong worse than we did, but is “bullish” in his own words:
http://yglesias.thinkprogress.org/archives/2009/03/bullish_on_iceland.php
FWIW, in completely self-serving terms, the crisis hasn’t made a trip to the blue lagoon any cheaper for us north americans.
Yes, i’d still like to go back.
