This is Iceland today.
A man in Alftanes, a suburb of Reykjavik destroyed a house he and his family lived in until his bank repossessed it after the economic collapse.
The man in his fifties said he’d lost everything. He also buried his car in the back garden and left before police arrested him for property damages.
His home loans were in a foreign currency and he tried negotiating with his bank to no avail. The man said he didn’t care if he owed 60 or 120 million ISK, “I have lost everything”.
Read more @ Economic Disaster Area
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