VIDEO! Watch video of Iceland on going bankrupt. Yes, Iceland is preparing for national bankruptcy!

Iceland’s Prime Minister Geir Haarde spoke of Iceland going bankrupt in a televised speech.

National bankruptcy is about to hit this wonderful charming country because of the global financial crisis.

If you’ve been following this story, it’s about two weeks old. Even mention of Iceland was on LALATE’s favorite Fash Money on CNBC recently.

The Icelandic krona has fallen.

LALATE2 has up a video discussing Iceland potentially going bankrupt. Click here to watch the video.

Click / bookmark the following for continuing coverage:
Bailout:  http://news.lalate.com/category/bailout.
Credit Crisis:  http://news.lalate.com/category/banking.