“In economics, they talk about the invisible hand that regulates the market. In Iceland, the free market became so wild that it was not fixed by an invisible hand, but an invisible guillotine. So, in one weekend, the whole class of our newly rich masters of the universe lost their heads (reputation, power, and money), and all the power and debt of the newly privatized companies fell into the hands of the people again.”
Andri Snær Magnason