Michael Lewis does it again, telling the story of little Iceland’s collapse with all the comedy required to endure such tragic times.
There’s a charming lack of financial experience in Icelandic financial-policymaking circles. The minister for business affairs is a philosopher. The finance minister is a veterinarian. The Central Bank governor is a poet.
But don’t feel bad, Iceland. Our central bankers and finance ministers are trained monetary geniuses. And they can match your meltdown any day of the week.
