Advertise on NYTimes.com Stunned Icelanders Struggle After Economyâs Fall - Printable Version
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Advertise on NYTimes.com Stunned Icelanders Struggle After Economyâs Fall - who - 11-09-2008
http://www.nytimes.com/2008/11/09/world/europe/09iceland.html?_r=2&oref=slogin&oref=slogin
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Until last spring, Icelandâs economy seemed white-hot. It had the fourth-highest gross domestic product per capita in the world. Unemployment hovered between 0 and 1 percent (while forecasts for next spring are as high as 10 percent). A 2007 United Nations report measuring life expectancy, real per-capita income and educational levels identified Iceland as the worldâs best country in which to live.
Emboldened by the strong krona, once-frugal Icelanders took regular shopping weekends in Europe, bought fancy cars and built bigger houses paid for with low-interest loans in foreign currencies.
Like the Vikings of old, Icelandic bankers were roaming the world and aggressively seizing business, pumping debt into a soufflé of a system. The banks are the ones that cannot repay tens of billions of dollars in foreign debt, and âtheyâre the ones who ruined our reputation,â said Adalheidur Hedinsdottir, who runs a small chain of coffee shops called Kaffitar and sells coffee wholesale to stores.
Advertise on NYTimes.com Stunned Icelanders Struggle After Economyâs Fall - BIRD33 - 11-11-2008
Heres another winner for the Iceland contingent of this site.
This is classic.
http://forum.bodybuilding.com/showthread.php?t=111777031
Advertise on NYTimes.com Stunned Icelanders Struggle After Economyâs Fall - snarg - 11-11-2008
iceland has the highest alcoholic rate in the world
also very high in suicide
those fuckers really know how to drink
Advertise on NYTimes.com Stunned Icelanders Struggle After Economyâs Fall - Anhil8tor - 11-11-2008
how bout the LSU fan killing the bama fan?
Advertise on NYTimes.com Stunned Icelanders Struggle After Economyâs Fall - who - 11-11-2008
Anhil8tor Wrote:how bout the LSU fan killing the bama fan?
was he icelandic?
Advertise on NYTimes.com Stunned Icelanders Struggle After Economyâs Fall - BIRD33 - 11-11-2008
Anhil8tor Wrote:how bout the LSU fan killing the bama fan?
Its really not shocking to me.I go to Alabama for work occasionally and you realize all the lower class have is Alabama football.
Advertise on NYTimes.com Stunned Icelanders Struggle After Economyâs Fall - Anhil8tor - 11-11-2008
oops.. it was a bama fan killing a LSU fan...
Advertise on NYTimes.com Stunned Icelanders Struggle After Economyâs Fall - BIRD33 - 11-11-2008
Thats what makes sense.What else do they have to live for?Watch Sabans first press conference to see him treated like the pope.He's more powerful than the governor.
Advertise on NYTimes.com Stunned Icelanders Struggle After Economyâs Fall - Anhil8tor - 11-11-2008
leeman... buy some advertising over there.... maybe insanetrain could hold a live webcam of a suicide
Advertise on NYTimes.com Stunned Icelanders Struggle After Economyâs Fall - BIRD33 - 11-11-2008
Is paddy available?