Month March 2009

Iceland. How to blow up a country.

Michael Lewis on the collapse of Iceland Iceland’s de facto bankruptcy—its currency (the krona) is kaput, its debt is 850 percent of G.D.P., its people are hoarding food and cash and blowing up their new Range Rovers for the insurance—resulted…

Fargo shows us what community looks like

80,000 volunteers worked unceasingly for days to build the levees in Fargo. The city is only 90,000 so that means everyone who could work, did. More came from surrounding areas. People opened their homes to those who had lost homes,…