Iceland (2) – Crisis Refugees

The Banking bubble in Iceland not only created a bust but it also took many of the bright young brains into its institutions. But when the banks crashed the jobs disappeared and this has now created a growing entrepreneurial sector. On this week’s Global Business, Peter Day meets some of the entrepreneurs who are creating opportunity out of the crisis and finds out whether a wealth of small businesses can really make a difference to an economy dominated by fishing, tourism and Aluminium smelting.