Denmark

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Dragline
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Denmark

Post by Dragline » Thu May 04, 2017 2:54 pm

Following @jacob's leadership, the entire country of Denmark pays off its foreign debt and declares itself "retired": :D

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jacob
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Re: Denmark

Post by jacob » Thu May 04, 2017 4:16 pm

Denmark is one of the most fundamentally overvalued markets in the world. (Country is considered safe and the credit rating is one of the few remaining countries with an AAA/Aaa stable outlook.) Foreign money has been streaming in those increasing the value of the DKK relative to other currencies. The DKK is also pegged to the EUR in a narrow band, so all that foreign money had to go somewhere...

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