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Range Rovers, Ruin & Redemption: Iceland’s 2008 Crash
Manage episode 464321371 series 3551922
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2008 was a monumental year- financial markets collapsed and many countries, including Ireland, where both myself and Keith live, found out pretty quickly that we’d been living in a bubble.
And while the impact of this crash affected so many people around the world, I don’t think any other country had such a huge proportion of its citizens affected as adversely as the 370,000 people in Iceland.
So in this episode we examine why Iceland pivoted from its traditional industries into banking, how its economy grew at a breakneck speed and then how it all came crashing down.
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