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4min chapter
How Iceland Lost 50% of It's GDP, And Recovered
Economics Explained
Intro
This chapter explores the devastating effects of the 2008 financial crisis on Iceland's economy, which saw a staggering loss of nearly half its GDP. It contrasts this downturn with Iceland's remarkable recovery, examining the driving factors behind its resurgence and the sustainability of its newfound wealth.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode