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The stock markets plummeted and the news media is having a ball reporting the end of the world as it approaches… But all is not crazy and we have reports of housing inventories starting to fall and other signs that the bottom of the market might begin t

Iceland's have enjoyed four years of economic growth in excess of 4 percent as banks and businesses expanded abroad. Now, the three biggest banks have collapsed under the weight of about $61 billion in debts, 12 times the size of the economy.

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Struggling credit card holders are to be identified to providers under a new industry-wide scheme

The seeds of the challenges we face today were sown many years ago, beginning with a gradual weakening of lending practices by banks and financial institutions and by greater willingness by borrowers to take out mortgages they couldn’t afford.

As there is a recession going on and will be for a while, the question is: how can the company withstand or survive it?