businessweek.com - 10/11/2008
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That's an amazing sentence: Iceland goes bankrupt. But that's exactly what happened yesterday (see BW piece here. See NY Times piece here). That's a clear sign that the global financial crisis is entering a new and vastly more dangerous phase,...
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Randomosity de Sabado
The Learning Curve by Muckdog —
... Iceland goes bankrupt. The country cannot pay back its external debts, and the Icelandic currency, the krona, has become essentially valueless in the rest of the world. That means the country can no longer pay for imports. ...
“…for the gold in their bags, or the knives in their backs.”
Quid plura? —
Iceland is bankrupt. The króna is worthless, the banks are disasters, investors in England and Holland are livid, and people are bracing for difficult times. Nobody knows where they’re going from here, but this economic implosion also threatens Iceland’s cherished independence—a notable part of its medieval past.
You can still see where they did it, where Gizurr Thorvaldsson and his henchmen ambushed Snorri Sturluson. Priest, politician, lawyer, and poet, Snorri loved to lounge al fresco in his steamy pool at ...
Mont Pelerin in Iceland
Crooked Timber —
... on Iceland. According to the material prepared for its 2005 conference in Reykjavik, the Society’s intellectual influence directly guided those responsible for ...
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In a press release the ...
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What part of "bankrupt" don't you get?
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Emil Nolde : Storms of colour —
The Economist: Full print edition 10/9/2008
An Expressionist master revealed THE Grand Palais is home to two major exhibitions this winter—the painters who influenced Pablo Picasso (see article) and a retrospective of the work of Emil Nolde, one of the finest German Expressionists. The ...
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