In Iceland, struggling to stay afloat amid economic meltdown

“From our teenage years, we were told the sky is the limit and if you can’t afford it, just ask for a loan,” said Edda Einarsdottir, 26, an Icelander studying in Scotland until the collapse dried up bank accounts, credit, jobs and a good deal of national self-assurance. “To be told overnight you have to back away from that is disappointing.”

From the Chicago Tribune

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