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September 25, 2012

Fighting recession the Icelandic way

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Few countries blew up more spectacularly than Iceland in the 2008 financial crisis. The local stock market plunged 90 percent; unemployment rose ninefold; inflation shot to more than 18 percent; the country's biggest banks all failed. This was no post-Lehman Brothers recession: It was a depressi... FF News: Fundamental

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