Iceland Crisis and Causes Led to the Crisis
Iceland and the rest of the world reeling. In retrospect Iceland was essentially operatinglike a firm with a highly unviable growth model. However, the political relationship between Iceland and Britain also greatly added to the economic downturn and financialcrisis. Britain’s use of anti-terrorism laws, in an attempt to protect their economicinvestments in Iceland, essentially labeled Iceland as a terrorist state which onlycontinued to stagnate the […]