Watch the show here in swedish with some interviews in english in between.

On November 19, 2008, Iceland and the International Monetary Fund (IMF) finalized an agreement on a $6 billion economic stabilization program supported by a $2.1 billion loan from the IMF. Following the IMF decision, Denmark, Finland, Norway, and Sweden agreed to provide an additional $2.5 billion. Iceland’s banking system had collapsed as a culmination of [...]

Dr. Michael Hudson was in Iceland recently. Here he takes questions from the readers of Lara Hanna’s excellent blog. “Confidence” reflects faith in a country’s ability to pay. If Iceland commits itself to pay the overhang of bad debts, it will have no room at all to take on new credit for many years. On [...]

I recently returned from a week in Iceland – a week in which I met with politicians and former prime ministers, financial officials, university professors and students, film makers, TV hosts and “just plain people.” The terms “left” and “right” did not arise in a single conversation. The focus was on Iceland’s pro-creditor practice of [...]

They are looking for an apartment to share. Stefan, Larus and Andri are guys in their early thirties and late twenties and two are unemployed. Stefan lost his job when one of the banks collapsed and most of the workers in his department were cut. “It’s over. You have two hours to pack your stuff [...]

Let’s look at what Elias Petursson says over at Silfur Egils while we wait around for the Social Democrats and Left Greens to sit down and talk through which bottom to place in which seat.  Around 10 companies go out of business each day -         The word is that 75% of businesses are already bankrupt [...]

The picture is pretty clear although some minor changes might occur when they count the strikeouts in the next couple of days.  X-S: The Social Democrats are the biggest winners of the election. They scored 30% and are now boast of the largest support in the country, up 3,2% from the last election and manage [...]

The Icelandic government is giving the Bush administration a run for its money in the bad crisis-management category. Its now been three weeks since the economy hit the fan and the government has become specialists in one thing only, giving interviews and press conferences that don’t tell its citizens anything. Today the Central Bank hiked [...]