Good Read: Time.com’s Top 10 of Everything!
I cannot seem to satisfy my thirst of reading. This week alone, I’ve been reading so much that I feel like a dehydrated soul whose thirst never goes away. These are not just books we’re talking about, but also articles, ebooks, news on the internet. What happens is that, when I can’t concentrate on a book, I just read from online.
I’m no big fan of long reads online but I was able to find Time.com’s feature where they ranked the TOP 10 of everything! I learned so much that I have so much to talk about when I’m with Pol or with my sisters and friends.
Lately I have become curious about what’s happening in the US, the recession and all, and of course, how many people are being laid off from these big corporations/companies. One news I was totally surprised about was Iceland’s (as in the country) financial collapse! 
Here’s what the article said:
“Three major banks, 300,000 people and zero liquidity. It’s not often that the wealth of an entire country is wiped out. But Iceland almost managed that when its currency, the kroner, got caught in a freefall created when investors bailed. Its billions of dollars of Euro-denominated foreign debts became unpayable. Caught in the middle: depositors in Great Britain and Germany, who were lured by rich rates being offered by Kaupthing Bank hf, Landsbanki and Glitnir Bank hf. The IMF is providing a $2.1 billion loan while Finland, Sweden, Norway and Denmark will provide a further $2.5 billion. German also coughed up a couple hundred million, which will be used to make German depositors whole. Iceland is even talking to the Russians for help. Iceland is broke, but it’s got geothermal heating, so at least no one will freeze to death.”
Read more about the other companies who just got snuffed out because of the recession here.
Yan
