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10-07-2008, 10:17 PM
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Competition breeds winners
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Join Date: Sep 2007
16,669 posts, read 5,872,132 times
Reputation: 1700
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Think we are having a financial crisis? Be glad you dont live in Iceland
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10-07-2008, 10:19 PM
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Senior Member
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Join Date: Apr 2008
Location: Oakland, CA
185 posts, read 112,635 times
Reputation: 51
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Actually odds are that this is a preview of us within a matter of months, if not weeks.
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10-08-2008, 07:23 AM
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Rust-Belt Hero
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Join Date: Dec 2007
Location: Rochester, NY
3,008 posts, read 1,289,621 times
Reputation: 659
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Quote:
Originally Posted by pghquest
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How stupid, America is the ONLY place that is completely doomed!!!! WE ARE DONE! We have dug a hole infinity feet deep... America is where the ONLY problems are... don't let the Rethuglican Lie Machine Corporation mislead you! |
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10-08-2008, 07:24 AM
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Rust-Belt Hero
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Join Date: Dec 2007
Location: Rochester, NY
3,008 posts, read 1,289,621 times
Reputation: 659
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Quote:
Originally Posted by Jaymum
Actually odds are that this is a preview of us within a matter of months, if not weeks.
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Your estimation has been documented, Thank You. |
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10-08-2008, 08:01 AM
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Senior Member
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Join Date: Nov 2007
Location: Boston via Atlanta, London, Iceland, and Mexico
2,276 posts, read 1,753,700 times
Reputation: 1260
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Poor Iceland. I lived there over the summer where it was around 75 kroner to a dollar. In less than 2 months, it's down to around 95 kroner. That's a huge drop.
However, unlike the US, Iceland will probably end up picking up the Euro. The Icelandic kroner really is only in circulation for the 300,000 people of Iceland and the tourists. It's hard to keep up.
What's sad is from all I can tell after studying the Icelandic economy and people all summer, it's entirely not their fault. People in Iceland didn't buy beyond their wealth, absolutely do not live extravagantly (there's little difference between the best house in a town and some of the poorest), and have good financial sense. This is a downfall brought on by being affected by the economic climate at large, not an internal thing.
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10-08-2008, 10:56 AM
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Junior Member
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Join Date: Oct 2008
5 posts, read 1,656 times
Reputation: 11
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Yeah, maybe Moscow will loan Washington. Now that would be irony.
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10-08-2008, 11:18 AM
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Competition breeds winners
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Join Date: Sep 2007
16,669 posts, read 5,872,132 times
Reputation: 1700
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Quote:
Originally Posted by JTraik
How stupid, America is the ONLY place that is completely doomed!!!! WE ARE DONE! We have dug a hole infinity feet deep... America is where the ONLY problems are... don't let the Rethuglican Lie Machine Corporation mislead you!
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You obviously failed to read the news story.. |
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10-08-2008, 11:40 AM
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Rust-Belt Hero
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Join Date: Dec 2007
Location: Rochester, NY
3,008 posts, read 1,289,621 times
Reputation: 659
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Quote:
Originally Posted by pghquest
You obviously failed to read the news story..
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Sorry, I thought you would see the sarcasm... I will be realistic from here on out. |
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10-08-2008, 11:41 AM
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Senior Member
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Join Date: Sep 2007
Location: São Paulo, Brazil
9,090 posts, read 5,689,774 times
Reputation: 1949
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Quote:
Originally Posted by Jaymum
Actually odds are that this is a preview of us within a matter of months, if not weeks.
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What a sobering point. Glad I have a years worth of supplies. |
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