the real reason for the iceland banking crisis

  1. michinyon
    6,716 Posts.
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    13/10/08
    01:08
    Post #: 4380319
    From the Age:

    THE reasons for the financial crisis in Iceland are obvious. The banks made subprime loans on igloos, which were then wiped out when the financial meltdown came.
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    lightbulb Created with Sketch.  Great analysis
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