Why Iceland is suffering a nasty financial hangover

moneyweek.com     May 20, 2008            

If you think the credit crunch is hitting the UK hard, spare a thought for Iceland. Banks all over the world have spent much of the few years bingeing on cheap money, but Iceland's taken the whole thing to quite an extreme. The stock market has tanked, inflation has soared and the Icelandic Krona... [read full story]                

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