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Iceland

Icelanders flock to McDonald’s on news of the chain’s exodus

It’s a sad week for Icelandic fans of the Big Mac. As we heard in late-show monologues, McDonald’s is closing its restaurants in the Nordic country, which is still reeling from a massive financial meltdown. The last burgers will be sold on Saturday. Upon hearing the news, Icelanders flocked to the three locations — all [...]

Nine months after meltdown, a baby boom sweeps Iceland

As chronicled in this brilliant Vanity Fair article by Michael Lewis, Iceland has been hit exceptionally hard by the global economic downturn. What did that tiny country’s busted boom traders do once their bank accounts melted away like snow in springtime? Apparently, they fucked. From Iceland Review: There were just as many children born in [...]