umbreytingarinnar
Umbreytingarinnar, also known as the Icelandic Financial Crisis, was a significant economic event that occurred in Iceland from 2008 to 2011. The crisis was triggered by the collapse of the Icelandic banking system, which was heavily exposed to the subprime mortgage crisis in the United States. The crisis began in October 2008 when the collapse of the Icelandic bank Landsbanki led to a run on other banks, causing a liquidity crisis.
The Icelandic government responded by nationalizing the banking system and injecting capital into the banks. However,
The crisis was eventually resolved through a series of bailouts and restructuring of the banking system. The
Umbreytingarinnar is considered one of the most severe financial crises in Iceland's history. It had a profound