American dollar might be going the way of Iceland

2008 was a very dramatic year from an economic point of view, when the worldwide real estate market was skidded. All three major banks of Iceland failed; leaving losses higher than Iceland’s GDP to be borne by banks and backed up by government. Strict pledges and help from the European Union helped Iceland escape insolvency. The Icelandic krona was decimated in terms of its foreign exchange...
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