«Negative consequences for Icelandic households»
newsare.net
No country in the world experiences such significant financial shifts when inflation surges as Iceland does, due to the widespread use of inflation-indexed debt among households and businesses. “This has serious and harmful consequences, and we are not on t«Negative consequences for Icelandic households»
No country in the world experiences such significant financial shifts when inflation surges as Iceland does, due to the widespread use of inflation-indexed debt among households and businesses. “This has serious and harmful consequences, and we are not on the right track,” says Vilhjálmur Birgisson, chairman of the Icelandic Federation of General and Special Workers (SGS), in an interview with mbl.is, following the recent spike in inflation. Read more