It surely is well written, but distilled to its essence, here it is: Our banks collapsed and our credit cards stopped working. Bad banks! So there's no real su

It surely is well written, but distilled to its essence, here it is: Our banks collapsed and our credit cards stopped working. Bad banks! So there's no real subsistence crisis yet? I wish there was about how the people who were hit the hardest were coping, but then again I remember that Iceland's population is less than half that of Boston and wonder how much more press coverage they are getting relative to their population size. Now why a population of 320,000 would elect to face these coming hardships by hunkering down and not moving to a more diversified and larger economy, that is fascinating and the author does speak about the cultural roots responsible for that attitude.