Lately the media have been ringing alarm that Iceland is going bankrupt and that is has become the first victim of the global economic crisis. I follow the news with great amusement. I am no economist or politician, I write books. Two of them were written in Iceland where I lived for over 10 years. I studied at the university there. I had a very honest professor teaching the course on the history of Iceland, who never tried to convince us that Iceland was the seventh richest country in the world, that its króna was a super currency and […]