Re: Icelandic cash funds


Frithiof Andreas Jensen wrote:
<sigvald@xxxxxxxx> wrote in message
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Frithiof Andreas Jensen wrote:
"Robert Wehofer" <wehofer@xxxxxxxxxxxxxx> wrote in message
news:5fc3e$441fbe4a$d4badae4$18699@xxxxxxxxxxxxxxxxx
Hello!

Does anyone know investment companies offering cash funds based on
Icelandic
crowns?


No & Why?? Iceland is a classic bubble economy - unless you want to short
of
course.

Another envious Dane.

You are deluding yourself!

No, I am not. Den Danske bank is deluding you and is participating in a
slander campaign that is trying to do as much damage to the Icelandic
economy as possible.
Just envy, that´s all.

Iceland has enjoyed a better economy, lower unemployment and higher
living standard than Denmark for the last decades and now the Danes
cannot restrain themselves and slander Iceland and it´s economy
wherever and whenever they can.

"has" is clearly the operative word here - because you guys are now running
on vapours and you still think that you are going to the moon on momentum
alone; that is classic dot.bomb think. The Iceland economy followed the same
trajectory as Turkey did and it will go *pop* just like Turkey did in 2001.
Say hello to 20% interest rates!

Like they said in the report from Den Danske bank, they are not
experts on the Icelandic economy, in fact they are mixing up figures
and do not have their facts straight.
Why do you think that agencies such as Standard and Poor´s have not
seen any reason to change their ratings on the Icelandic economy?

Poor sods, you somehow cannot help feeling sorry for them.

Save your feelings, they have no value, they are in fact leading you to
failure. Come back in a year, then I might buy some stock off you so you can
pay for all the drink you need then!


PS:

Note that Denmark is screwed also I.M.O. - the property bubble will pop in
2007, KFX probably already in Juli 2006. The Danes will not like this,
having spent on average DKK 70000 more per family than the net salary after
tax. *I* will like it, being short 4% 2035 bonds and holding PUT's on KFX.

Iceland is in a much better shape than Denmark in any way you look at.

.

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