ICELANDIC ART MELTDOWN
Nov. 6, 2008ART IN ICELAND AND THE ECONOMIC CRISIS
"It’s like we could be living in a different decade," one representative of a New York nonprofit said recently, comparing the 2009 and 2008 budgets for his organization. The sentiment seems to be general. Spare a thought, then, for Iceland, the tiny island country that has been hit harder than any other by the global economic collapse.