Tom Austin <taustin> wrote:
> Invisible wrote:
> >>> ...you're asking *me*? ;-)
> >>
> >> Nah, the question was entirely rhetorical. ;)
> >>
> >> FWIW, I looked it up, 93.something per USD. So, not quite that big a
> >> difference.
> >

> > = $1.60 :-(
> >
> > There goes my Christmas shopping...
>
>
> :-) for me

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"Gail" <gail (at) sql in the wild (dot) co [dot] za> wrote:
> "Darren New" <dne### [at] sanrrcom> wrote in message
> news:49063405$1@news.povray.org...
> > Gail wrote:
> >> Have no car and no intention of driving in the US.
> >
> > Are you on the wrong side down there? It freaked me out just being a
> > passenger. :-)
>
> We're on the correct side, you're on the wrong side. <grin>

Right you are! Who was that Napoleon anyway? :-)

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> Invisible wrote:

>
> Iceland used to have an excellent economy. Then the government said
> "Whoops, our money isn't worth much", and overnight they have food
> shortages because nobody knows how much the Kroner is to the Euro
> without the government imposing it.
>
> Money that's only of value when someone threatens you with a gun if you
> don't accept it?  Priceless.

They said that? That explains it... ;)




Strange things happen when you least expect it, I guess...

My personal life is already affected, lack of money, sparse work, inflation,

in order to survive.

You can still offer me your condolences...


Hildur

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Hildur K. wrote:
>> Invisible wrote:
> 
>> Iceland used to have an excellent economy. Then the government said
>> "Whoops, our money isn't worth much", and overnight they have food
>> shortages because nobody knows how much the Kroner is to the Euro
>> without the government imposing it.
>>
>> Money that's only of value when someone threatens you with a gun if yo
u
>> don't accept it?  Priceless.
> 
> They said that? That explains it... ;)

They don't have to say that. All they have to do is bail out the banks 
and then "delay" trading euros for kronners.


l stocked,

er.

Dunno. I'm just going on news reports, like
http://www.dailynewscaster.com/2008/10/14/iceland-facing-food-shortage/

> You can still offer me your condolences...

My condolences! :-)

-- 
Darren New / San Diego, CA, USA (PST)

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Darren New <dne### [at] sanrrcom> wrote:

>
> They don't have to say that. All they have to do is bail out the banks
> and then "delay" trading euros for kronners.




> Dunno. I'm just going on news reports, like
> http://www.dailynewscaster.com/2008/10/14/iceland-facing-food-shortage/
>
Yeah, this was news exaggerating which made some people run out and empty some
shelves. That hysteria only lasted for a few days. I understand they are still
importing necessities, medicin, food and oil, in that order.
>
> My condolences! :-)

Oh, Darren, thank you so much :)



told) to having to ask for IMF help, in only couple of weeks! I still havent


This is what happens when politicians keep you in the dark. Surprise! We are


in many countries like to keep the worst bits to themselves for as long as they




regulate itself". Under these unusual circumstances this should put you on high
alert.



escalate when more people start loosing their jobs, their homes, their very
foundations in life.



find someplace safe, where I can plug in my computer...

Well, good to get this off my chest, thanks.

Hildur

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Hildur K. wrote:
> This is what happens when politicians keep you in the dark. Surprise! W
e are
> bankrupt! 

Everyone is bankrupt. That's what fiat currency is *for*. It wouldn't be 

fiat currency if people would accept it voluntarily as money. :-)

I don't know about your currency, but ours says right on the front that 
it isn't real money, but rather just an overdraft on an empty account.


eets.

 to
> escalate when more people start loosing their jobs, their homes, their 
very
> foundations in life.

Yep. Or bread lines, depending on how the government reacts.


.. just

d try to
> find someplace safe, where I can plug in my computer...

Someplace with enough of their own resources to support their own 
population without having to trade, perhaps.

-- 
Darren New / San Diego, CA, USA (PST)

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Darren New <dne### [at] sanrrcom> wrote:


> I don't know about your currency, but ours says right on the front that
> it isn't real money, but rather just an overdraft on an empty account.

My bank was offering "free" economic advise six months ago. I went, and they
told me that my situation was just great! I was good for god knows how much
money. Quite surprising as I have never seen much money. I was then thinking
this was exactly like you say, fictive numbers on a piece of paper, just this
time in my favor.


pay. The only difference is that I have to pay with hard cash. It just proves

-they- are probably going to get everything I own. -Them- being the vultures


> Yep. Or bread lines, depending on how the government reacts.

Yes. And then the black market will start to bloom. People are already using

smoke filled backrooms and people will pay me for my work with fish or any
other typical domestic product. And then the authorities will start to shout
"criminals!" and impose hard core laws to stop the "illegal" trade. They want
their share no matter what.

> Someplace with enough of their own resources to support their own
> population without having to trade, perhaps.


Mediterranean Sea where you can grow almost anything you need. Maybe I should
start learning Greek?
>
Hildur

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Hildur K. wrote:


> pay. The only difference is that I have to pay with hard cash.


http://globaleconomicanalysis.blogspot.com/2007/06/why-does-fiat-money-se
emingly-work.html

http://www.youtube.com/watch?v=vVkFb26u9g8

> Yes. And then the black market will start to bloom. 

Black market: Barter. :-)


> Mediterranean Sea where you can grow almost anything you need. 

I met one man in Hawaii who was homeless and jobless voluntarily for 30 
years. I suppose he occasionally did an odd job just to buy a new shirt 
every five years or something, but he didn't seem put out by it.

Alternately, go someplace big enough to be self contained, like China. 
Nowadays, their civil rights crap doesn't seem any worse than in the 
USA. :-)

-- 
Darren New / San Diego, CA, USA (PST)

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Darren New <dne### [at] sanrrcom> wrote:

> http://globaleconomicanalysis.blogspot.com/2007/06/why-does-fiat-money-se
> emingly-work.html
>
> http://www.youtube.com/watch?v=vVkFb26u9g8
>
Great links. Thanks!

Hildur

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