Posts Tagged ‘spinning wheel’

What Happens AFTER The Canary In The CoalMine Dies?

Wednesday, March 11th, 2009

Rognvaldson Spinning Wheel

corporate mindshift: management

ICELAND 3 MONTHS LATER

This tiny island of  fewer than 300,000 people was the sacrificial canary in the coalmine for the global economic collapse just 3 short months ago. The Icelandic economy, laden with overseas debt of more than 10 times GDP, was the first to collapse in what will most likely be a global domino effect from the credit fallout, despite huge bailouts.

SO WHAT IS A GUY GOING TO DO?

You have lost your life savings, your job and possibly, your home…what comes next?

This story is near to my heart because of my Icelandic roots…and my grandfathers story.

(more…)

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