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Living Inside the Meltdown

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In Living Inside the Meltdown, ten people share their experiences of the unprecedented meltdown of the Icelandic economy in autumn 2008.

The Icelandic meltdown was the greatest economic disaster, proportionally speaking, that the world had ever seen. Iceland’s three main commercial banks were permitted to grow to 12 times the size of the nation's GDP. When they collapsed in the global financial hurricane of 2008, it brought financial devastation to the tiny nation of 320,000 and drove Iceland to the edge of bankruptcy.

Living Inside the Meltdown is the first book about the Icelandic meltdown that addresses the concerns of ordinary people thrust into circumstances completely beyond their control. The series of interviews reveal different facets of the meltdown and the crippling recession that followed. The individuals who share their stories range from a portfolio manager at one of the banks who scrambled to save her clients' assets, to a police officer who was forced to defend the parliament buildings in civic riots that eventually brought down the Icelandic government in January 2009.

The author of the book, Alda SigmundsdĂłttir, a journalist, writer and blogger, is an authority on the Icelandic situation. Her blog, The Iceland Weather Report (www.icelandweatherreport.com) has been one of the main sources of English-language news out of Iceland since the collapse, and she has given a range of talks and lectures about the Icelandic meltdown worldwide.


Price: 9.99 USD

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