Desc: Aumingja Ísland: Directed by Ari Alexander Ergis Magnússon. With Benedikt Erlingsson, Ari Alexander Ergis Magnússon. When the Icelandic banks collapsed in the autumn of 2008, taking most of the economy down with them, Ari Alexander took his camera and started to film what was happening in this tiny but relatively stable and affluent society.