We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Allowed to defrost

18 June 2008 By John Zhu

A shrinking economy is no fun, but that s the payback for years of financial excess. Still, it could be worse. Tough government action has probably forestalled default or bank failure. Iceland can join the eurozone to keep future bubbles away. For the US and UK, it isn t as easy.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)