In October 2008, the three main banks in Iceland collapsed, driving a nation into bankruptcy, causing thousands of people to lose their jobs, their personal savings - and hope. How does a nation, once one of the richest and most developed countries in the capitalist world, react to a total economic collapse? In a landscape where “to be rich” used to be a virtue, who is really to blame for the collapse of a far-too-fast-and-greedy banking system? Or rather, is the decline of the capitalist values maybe the best thing that could have happened to Iceland?
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