What Iceland’s Spectacular Banking Collapse Teaches Us About Tether

What Iceland’s Spectacular Banking Collapse Teaches Us About Tether


Iceland also, the new book makes clear, had it coming. Far from victims of forces beyond their control, Iceland’s bankers, enabled by a neoliberal government, crafted a brazen fraud whose endpoint was practically inevitable. Bibler saw this firsthand: He eventually wound up working at the FME, Iceland’s financial regulator, as part of a team trying to unravel the causes of the collapse.

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