How does the spectre appear in Icelandic literature and visual art created in the aftermath of the economic crash in Iceland in 2008? Why does it emerge at that specific point in time and what can it tell us about repressed collective memories in Iceland? The book explores how the crash becomes an implicit background setting in novels that address the silences and gaps of the family archive, and how crime fiction employs generic features of horror to explicitly tackle the ghosts residing in the lost homes of the financial crash. Spectral space is an apparent theme of cultural memories produced in times of crisis, and the book explores how this is made apparent in visual art of the period.