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Exploding Range Rovers Tell Iceland's Story

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Exploding Range Rovers Tell Iceland's Story

Economy

Exploding Range Rovers Tell Iceland's Story

Exploding Range Rovers Tell Iceland's Story

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  • <iframe src="https://www.npr.org/player/embed/102119511/102127107" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

Michael Lewis went to Iceland to investigate how it went from being one of the richest countries in Europe to de facto bankruptcy. When he heard booms outside his hotel, a local explained Icelanders who can no longer afford Range Rovers blow them up for the insurance money.

His article,"Wall Street On the Tundra," appeared in Vanity Fair.

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