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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Ray Gabriel who wrote (94339)5/16/2008 3:32:14 PM
From: dybdahl  Read Replies (2) | Respond to of 110194
 
When I mentioned Denmark in my post, it's because I was replying to somebody who says that the Euro is getting inflated, and since Denmark is pegged to the Euro, I guess that would mean that we would get inflated, too.

With regard to being a well-run country with good economy, there are two things I'd like to mention:

1) We were extremely badly run until our debt was huge. Then we started repaying the debts. Once USA wakes up, USA will improve it's economic management a lot, too.

2) Our economy is only good because we have our own oil and because the baby boomers didn't retire, yet. It's a huge political discussion, how we need to adjust our society to the baby boomer retirement. Many other European countries have similar discussions.

Don't ask me how Europe will be hit by a dollar collapse. One of the reasons for being here, is to get input to figure that out :-)