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For ordinary Icelanders, a crash lesson in debt, coping and survival


Icelanders struggle to cope with the massive financial meltdown that has buried their island country in distress.

By Arelis R. Hernandez - Posted on 04 May 2009

Hildagunnar Sigurdsdottir
Photo by Arelis R. Hernandez
Hildagunnar Hauksdottir was laid off from her job at one of Iceland's major banks when the economy began to crumble. She said she saw the crisis coming and is now angry and jobless.
Photo by Arelis R. Hernandez

The colorful rooftops of Reykjavik mask households struggling with unemployment and mounting debt.