11/15/2008

Iceland - A Land Without Money

Hallgrímskirkja cathedral looms up out of the mists and gloom of downtown Reykjavík

"Think of Ireland. Rotate it 90 degrees clockwise, make it a third bigger and hang it like a pendant from the Arctic Circle. Crack open the earth’s crust below to release limitless supplies of geothermal steam, then fill its territorial waters, all 200 miles of them, with an abundance of cod." Robert Jackson, Financial Times, Photographs by Bjarki Reyr

I grew up in a Canadian community populated by Icelandic settlers so this story caught my eye. An amazing and sad tale.

Click on the read more icon for the full Financial Times story.

read more | digg story

No comments: