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Stunned Icelanders Struggle After Economy’s Fall

http://www.nytimes.com/2008/11/09/world/europe/09iceland.html?_r=1&hp=&pagewanted=all&oref=slogin

“This country, as modern and sophisticated as it is geographically isolated, still seems to be in shock. But if the events of last month — the failure of Iceland’s banks; the plummeting of its currency; the first wave of layoffs; the loss of reputation abroad — felt like a bad dream, Iceland has now awakened to find that it is all coming true.”

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