Title
Why Iceland?: How One of the World's Smallest Countries Became the Meltdown's Biggest Casualty,Used
Delivery time: 8-12 business days (International)
As late as the mid 1980s, Icelands economy revolved around little else than a semirobust codfishing industry. By the end of the century, however, it had transformed itself into a major player in world finance, building an international banking empire worth twelve times its GDP. The tiny island nation of 300,000 was one of the global economys great success stories.And then everything came crashing down.Why Iceland? is the inside account of one of the economic meltdowns most fascinating and farreaching tragedies. As Chief Economist of Kaupthing Bank, the countrys largest bank before the collapse, sgeir Jnsson is perfectly suited to examine Icelands collapse in painstaking detail. He witnessed behindthescenes events firsthand, such as an intriguing meeting in January 2008 when a group of international hedge fund managers gathered in a bar in Reykjavik to discuss Icelands economyan informal affair that eventually became the center of a criminal investigation by the countrys Financial Supervisory Authority.This inside account examines the pressing issues behind historys biggest banking collapse: How did Iceland transform itself from one of Europes poorest to one of its wealthiest countries? What happened to cause the destruction of the nations banking industry during a single week of October 2008? Was it the result of a speculation attack by hedge funds on the nations currency?Iceland remains the biggest casualty of the economic downturn, and the ramifications of its catastrophic failure reach deeply into the economies of Europe, the United States, and other global markets. sgeir Jnsson offers a unique perspective and an experts insight into the rise and fall of this onceproud banking giant.Why Iceland? provides the who, what, where, and when of Icelands demise, serving as a fascinating read and providing the understanding necessary for forecasting when and where the aftershocks will shake up markets in other parts of the world.'Fearsome Vikings discovered Iceland. Hedge funds knocked it down. It was a humiliating tumble for the former financial powerhouse, which was proud of its status in Europe. A late bloomer, Iceland had been the last country in Europe to be settled, the Nordic nation rapidly caught up with its wealthier relations. It was all fine until October 2008, when country's banking system collapsed in a week. Written by an Icelandic economist, Why Iceland? chronicles the meltdown, in the context of the nation's history.'New York Post (A 'Required Reading' Selection)
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Shipping & Returns
Shipping
We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.
Returns
To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.
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Warranty
We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
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Your payment information is processed securely. We do not store credit card details nor have access to your credit card information.
We accept payments with :
Visa, MasterCard, American Express, Paypal, Shopify Payments, Shop Pay and more.