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Iceland's Economic Crisis

Posted on July 22, 2009 by Chelsea Wieber
Topics: Economic Development, Governance
Countries: Iceland

The collapse of Iceland's three largest banks earlier this year sent ripples through the country's economy. In time the bank's collapse led to high inflation rates, protests, rising unemployment, and eventually, a resignations by many government officials. This Wall Street Journal video takes a closer look at Iceland's economic crisis, and how Icelanders are fairing under the country's new economic reality.

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Keywords: global economic crisis, The Wall Street Journal

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