Comments on: A Short Break http://baselinescenario.com/2008/12/27/a-short-break/ What happened to the global economy and what we can do about it Sat, 26 May 2012 23:20:02 +0000 hourly 1 http://wordpress.com/ By: Tom K http://baselinescenario.com/2008/12/27/a-short-break/#comment-2302 Sun, 28 Dec 2008 00:32:55 +0000 http://baselinescenario.com/?p=1757#comment-2302 Here’s another interesting article in the WSJ; “The Isle That Rattled the World”. URL – http://online.wsj.com/article/SB123032660060735767.html.

Read how all the major banks of Iceland (highly overleveraged) brought its economy down.

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