2/01/2012

Iceland economic crisis documentary

Iceland has been ranked high among the best places in the world to live for several years in a row, according to the UN Human Development Index. In 2008 the national economy was devastated with a crisis that arose from the global financial crisis. National banks transformed into huge financial subjects, controlling amounts of money far greater than the country’s own wealth. Iceland faced riots, the resignation of the government and elections as a result. Learn more in this interesting short documentary.

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