Iceland's Global Warning | The Kojo Nnamdi Show

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Iceland's Global Warning

Listen Thursday, May. 11, 2006 at 12:40 p.m. in Economy

Despite its usually strong economy, the tiny country of Iceland has faced tough times recently, and its struggle is highlighting the way certain forces are reshaping Wall Street and world markets. Kojo and guests explore how financial speculation and the ability to instantly move large sums of money can cause dangerous economic ripples in otherwise stable countries like Iceland -- and even the U.S.

Order a order a CD CD or order a transcript TRANSCRIPT of this program.

Guests

Craig Karmin

Reporter, The Wall Street Journal

Tryggvi Herbertsson

Director of the Institute of Economic Studies at the University of Iceland

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