Coordinated action seems to have stabilized — not fixed, but stabilized — the financial system in most of the world, Iceland is still spiraling downhill as its currency has become worthless (as in you literally can’t trade it for any foreign currency) which risks destroying the entire economy of a small country that heavily depends on imports. Tyler Cowen says “I’m starting to wonder if I should visit for a weekend; it’s one of my favorite countries.”
I loved my trip to Iceland and would go if I had time, but the election’s a busy season. For $550 you can get rountrip airfare and three nights at the Hilton Rejkjavik Nordica. That’s a very nice deal and, I swear, it’s a great place to visit.
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