USA Close to Financial breakdown? - GoFuckYourself.com

polle54 · 03-18-2008, 08:45 AM

I have read in several danish newspapers that and more and more people are beginning to compare what we are seeing now to the 1930's....

I have a couple of $k dollars lying around and as of today and am converting it into DKK and Euros.

I mean this is unbeliable... have any of you guys seens the dollar stats since Bush came to the power in 2001?

http://www.valutakurser.dk/currency/...m=2&gyy=20 01

That's since Bush got elected and until now compared with the stable Danish Krone.

More and more US banks are running out of money and it all starts to look very very disturping....

Let's disguss

JP-pornshooter · 03-18-2008, 11:53 AM

the danish krone has no power, it is linked up to the euro...
a few years ago a strong investment house started buying and selling the krone in such vast amounts it started to influence and could have had a serious effect but somehow the government got it stopped as it was speculative investing and considered "illegal". But it shows you how vulnerable the krone really is.. or was before the euro.
Sure USA have been living a little over means the past decade, its time to pay up, and some cant afford it. The problem we have with the subprime will also hit Denmark and other countries where there has been a combination of real estate boom and a low interest rate..

03-18-2008, 08:45 AM	#1
polle54 Confirmed User Join Date: Jul 2004 Location: The Beach Posts: 4,626	USA Close to Financial breakdown? I have read in several danish newspapers that and more and more people are beginning to compare what we are seeing now to the 1930's.... I have a couple of $k dollars lying around and as of today and am converting it into DKK and Euros. I mean this is unbeliable... have any of you guys seens the dollar stats since Bush came to the power in 2001? http://www.valutakurser.dk/currency/...m=2&gyy=20 01 That's since Bush got elected and until now compared with the stable Danish Krone. More and more US banks are running out of money and it all starts to look very very disturping.... Let's disguss __________________ ICQ# 143561781

03-18-2008, 11:53 AM	#2
JP-pornshooter Confirmed User Join Date: Sep 2006 Location: westcoast usa Posts: 4,007	the danish krone has no power, it is linked up to the euro... a few years ago a strong investment house started buying and selling the krone in such vast amounts it started to influence and could have had a serious effect but somehow the government got it stopped as it was speculative investing and considered "illegal". But it shows you how vulnerable the krone really is.. or was before the euro. Sure USA have been living a little over means the past decade, its time to pay up, and some cant afford it. The problem we have with the subprime will also hit Denmark and other countries where there has been a combination of real estate boom and a low interest rate..