Monday, January 26, 2009

Another Scary Economic Story

Iceland's economy collapses
I heard this story on NPR this morning and then read a little more about this and I want to understand what this means on a global level.

I don't understand what this really means, other than it seems to result in bad things.
http://www.huffingtonpost.com/2009/01/26/icelands-government-colla_n_160885.html

Is it possible that there's another shoe to drop?

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