There are many countries that are suffering due to the economic situation. But what amazes few of them go unheard inspite of getting wounded more badly than US.
The Dow Jones Industrial average has fallen by around 20% in the past 3 months(aug-oct).
The Reykjavik stock exchange(Iceland) has fallen by 65 %, much higher than Dow.
Ireland has set a bail out of 400 Billion Euro for the bank which may need if the economy goes down. In case the banks use the whole of 400 billion, the country will be bankrupt for the next 37 years.(NY Times, Eric Go Burst, by John Banville, 16th Oct 2008).
