"Iceland, I hear you say. Isn’t that the country that got wiped out by the credit crunch? The place where they are all shivering in the dark, eating cod tails, and wondering whether a single pack of candles will last them through the winter? Yes, that one. Two years on from the credit crunch, however, Iceland hasn’t stepped back into the Palaeolithic era. All those experts who told us in 2008 that the only alternative to rescuing the banks was economic Armageddon turn out to have been not quite right."Matthew Lynn i The Spectator om Islands hantering av bankkraschen.
