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When countries go bankrupt

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A friend has sent you the following article from PopMatters.com Marginal Utility: When countries go bankrupt by Rob Horning 19 November 2008 Paul Kedrosky linked to this FT article describing life in Iceland after their banking system completely collapsed. The whole thing makes for some unsettling reading, unless you hate Sigur Ros or something and can extract some schadenfreude from the whole… Link: http://www.popmatters.com/pm/post/when-countries-go-bankrupt/ PopMatters Popular Voices, Cultural Matters http://www.popmatters.com/

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