In the space of a few days, one of the worldâ€™s richest and most egalitarian nations, Iceland, toppled into financial chaos and sunk into an economic, ethical, moral and identity crisis. The vast empire built by Icelandâ€™s young entrepreneurs, the â€śnew Vikingsâ€ťâ€”who had propelled the country to the top of wealth, equality and happiness chartsâ€”collapsed under the combined effect of the failure of its banks and astronomical debt (more than ten times the countryâ€™s gross domestic product). Iceland became, in the midst of the global economic crisis, an icon of disaster that troubles all Western countries seeking to understand how the Scandinavian model could collapse so suddenly. Â In this book, Daniel Chartier traces, through thousands of articles appearing in the foreign press, the fascinating reversal of Icelandâ€™s image during the crisis. Citizens of a country now humiliated, Icelanders must deal with a number of significant issues including the quest for wealth, sovereignty, ethics, responsibility, gender and the limits of neoliberalism.