Wall street on the Tundra

An interesting article about how Iceland got caught up in the credit bubble and is now close to going bankrupt. The author travels to Reykjavik, Iceland and reports some pretty strange goings on :)

Before October Magnus thought of Iceland as essentially free of danger; now he imagines hordes of muggers en route from foreign nations to pillage his board-game safe and thus refuses to allow me to use his real name. You'd figure New York would hear about this and send over planeloads of muggers, he theorizes. Most everyone has their savings at home. As he is already unsettled, I tell him about the unsettling explosions outside my hotel room. Yes, he says with a smile, there's been a lot of Range Rovers catching fire lately.

Link: www.vanityfair.com/politics/features/2009/04/iceland200904