Iceland’s economy melted in the autumn of 2008. The world saw the demise of an entire national financial system. An overinflated banking sector collapsed in a week; the exchange rate of the krona plunged 40 per cent against the euro, inflation and interest rates jumped to 18 per cent, the standard of living fell sharply and the unemployment rate went from near zero to nearly 10 per cent. Debt piled up, revenues shrank and expenditure soared.
2008年秋天,冰島經濟崩潰。全世界見證了冰島整個國家金融體系的死亡。過度膨脹的銀行業在一週內土崩瓦解,冰島克朗兌歐元匯率狂跌40%,通膨率和利率躍升至18%,民衆生活水準急劇下降,失業率從接近零漲至近10%。債務不斷增加,收入縮減,支出飆升。
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