Quote:
Originally Posted by Betonov
I just might buy some Kronas, Pounds and Swiss Franks.
|
Have you recently checked the events around the Swiss Franken...?
The Swiss try desperately not to see their economic stability drown due the the devaluing of the once strong Franken. It was a desperate mesures that they now linked the exchange rate to the Euro. Pure despair. The Franken lost almost one quarter in - how short time was it? Two years? Or even just one and a half? From one point sixty something to last I think one point low twenties, if I recall correctly.
Once people try to save what cna be saved and move their attention to the Swedish Krona, the Swedes will feel exactly the same kind of burden: their economy strarting to ache andf bow under the devaluing of their currency's exchnage rate.
There are nbo save harbours anymore, let'S face it, you need to have almost isniders knowledge, a total mistrust tpowardsa your bank, and monitoring the investement and economic and political events EVERY damn day.
Try some substantial real investement - in Brasil. They become less and lesser socialsiut, they do stable so far, they hasve plenty of resources, their economy is doing fine - on my list they are one of the best doing economies in this crisis.
However, what is happening currently is imo either a radical system change and if that gets rejected and not done, a total fall, a breaking apart of international market mechanisms as we knew them. We used to have no real value, but debts/credit as the currency traded around. And this cheat does not work anymore.