Silkroad Online Forums

Posted: **Sun Dec 07, 2008 8:30 am**

Apparently all hell has broken loose in Iceland.

Excerpt; first link.

Spoiler!

Excerpt; second link.

Spoiler!

Posted: **Sun Dec 07, 2008 8:34 am**

^lol.

Another one bites the dust?

Posted: **Sun Dec 07, 2008 9:10 am**

For a second i thought this would be about it melting, since it's ice and all.

Posted: **Sun Dec 07, 2008 10:32 am**

Alot of Dutch were farked by IceSafe.

Many lost hundred of thousands of euro's.

Posted: **Sun Dec 07, 2008 2:08 pm**

lolz, knew that since march.... >.> iceland has been going downhill since the start off this year

Posted: **Sun Dec 07, 2008 2:31 pm**

I got a question. If everyone is losing money...Who the hell is gaining it?

Posted: **Sun Dec 07, 2008 5:12 pm**

Lets see.

People getting loans from the bank that they cant pay back so their bankrupt. Banks are becoming bankrupt also... I would have to say the government of some countries are rich as hell since they get their money in taxes. But walmart is also seeing a rise in customers.

Posted: **Sun Dec 07, 2008 5:17 pm**

well, iceland sure wont be rich xD
11,8 percent inflation a year, highest base interest(?) rate off the world at 15,5 percent, and the value off their currency went down by 25% this year compared to the euro >.< ... ouch

Posted: **Sun Dec 07, 2008 5:31 pm**

Iceland's sinking fast.

Posted: **Sun Dec 07, 2008 6:36 pm**

yeah has been going on for awhile, but i like the whole [NEWS] bracket thing. Icelands not the only country thats been hit hard by this economic crisis, i've said it b4 its only a matter of time before we see more countries rioting...

Posted: **Sun Dec 07, 2008 9:25 pm**

you guys wanna pitch in some money to buy iceland? i got 3k and 3mil sro gold

Posted: **Sun Dec 07, 2008 9:29 pm**

user wrote:you gets wanna pitch in some money to buy iceland? i got 3k and 3mil sro gold

Invest it in an Education..

Posted: **Sun Dec 07, 2008 9:59 pm**

Grimjaw wrote:
user wrote:you gets wanna pitch in some money to buy iceland? i got 3k and 3mil sro gold

Invest it in an Education..

user(FROM):10k plz
user(FROM):me am girl me
user(FROM):love you long time

Posted: **Sun Dec 07, 2008 10:05 pm**

Grimjaw wrote:
user wrote:you gets wanna pitch in some money to buy iceland? i got 3k and 3mil sro gold

Invest it in an Education..

Real estate is a good investment.

Posted: **Sun Dec 07, 2008 10:37 pm**

X-Lax wrote:For a second i thought this would be about it melting, since it's ice and all.

isn't Greenland the one with the ice? i never understood that. Greenland has much much more ice than iceland. >.>

Posted: **Sun Dec 07, 2008 10:53 pm**

Tis a rough time to be a viking.

Posted: **Sun Dec 07, 2008 10:59 pm**

l05tfr33k7 wrote:
X-Lax wrote:For a second i thought this would be about it melting, since it's ice and all.

isn't Greenland the one with the ice? i never understood that. Greenland has much much more ice than iceland. >.>

Yeah, thats the joke.

Posted: **Sun Dec 07, 2008 11:47 pm**

o ok.

Posted: **Mon Dec 08, 2008 1:25 am**

Many people have the idea that if someone is losing money, someone is gaining money.

Not so.

I don't have the time to prove my point, but just because person A lost $10 doesn't mean someone somewhere gained $10.

Posted: **Mon Dec 08, 2008 1:26 am**

ImmortalKiller wrote:Many people have the idea that if someone is losing money, someone is gaining money.

banks?

Posted: **Mon Dec 08, 2008 1:33 am**

The banks are collapsing.
The government is collapsing.
The society is starting to riot.
?????
Who can PROFIT!?
No-one. Everyone gets farked. The people that do profit [at the expense of none] are those who practiced some prudence.

ImmortalKiller wrote:Many people have the idea that if someone is losing money, someone is gaining money.

Not so.

I don't have the time to prove my point, but just because person A lost $10 doesn't mean someone somewhere gained $10.

QFT!
+1 [been so long since I +ed someone]

Posted: **Mon Dec 08, 2008 1:38 am**

nohunta wrote:I got a question. If everyone is losing money...Who the hell is gaining it?

Its called a "recession".

Posted: **Mon Dec 08, 2008 2:03 am**

I read NEWS as NSFW and expected loads of naked blond women rolling around in snow, so disapointed.

Posted: **Mon Dec 08, 2008 2:15 am**

SM-Count wrote:I read NEWS as NSFW and expected loads of naked blond women rolling around in snow, so disapointed.

With what's happening in Iceland, and the high possibilty of beautiful women in poverty...

it's only a matter of time. :wink:

Posted: **Mon Dec 08, 2008 6:31 am**

ImmortalKiller wrote:I don't have the time to prove my point, but just because person A lost $10 doesn't mean someone somewhere gained $10.

Where is the $10 dollars then? Just like the law of conservation of something, mass? (in this case money) doesn't just appear and disappear out of nowhere

Posted: **Mon Dec 08, 2008 9:07 am**

Well, it's great for a friend of mine, since he's going to iceland in january. Everything is cheap as hell, with the Icelandic Krona being very favourable to the Euro.

So in a way, he's gaining money

There will always be people profiting off anothers loss, one way or another.

user wrote:
ImmortalKiller wrote:I don't have the time to prove my point, but just because person A lost $10 doesn't mean someone somewhere gained $10.

Where is the $10 dollars then? Just like the law of conservation of something, mass? (in this case money) doesn't just appear and disappear out of nowhere

Oh c'mon, grab a book about minor Economics.

Posted: **Mon Dec 08, 2008 10:52 am**

Priam wrote:Well, it's great for a friend of mine, since he's going to iceland in january. Everything is cheap as hell, with the Icelandic Krona being very favourable to the Euro.

So in a way, he's gaining money There will always be people profiting off anothers loss, one way or another.

user wrote:
ImmortalKiller wrote:I don't have the time to prove my point, but just because person A lost $10 doesn't mean someone somewhere gained $10.

Where is the $10 dollars then? Just like the law of conservation of something, mass? (in this case money) doesn't just appear and disappear out of nowhere

Oh c'mon, grab a book about minor Economics.

Awww. You replied before me.

Imagine this:

The only interaction of money was between me and Jim. Nobody won money, everyone lost.

The law of conservation of mass has NOTHING to do with economics.

Posted: **Mon Dec 08, 2008 7:07 pm**

X-Lax wrote:For a second i thought this would be about it melting, since it's ice and all.

I thought it was about the British Supermarket, Iceland

Posted: **Mon Dec 08, 2008 9:27 pm**

Spoiler!

People have to stop treating economics like a science. It isn't complicated, but they color it a certain way causing all kinds of misconceptions among the public.

Posted: **Mon Dec 08, 2008 9:41 pm**

poor iceland..

that will be pulling some tourists then...

but... this whole money crisis is Farking me up.

cigarette prices fro my favourite brand:
from 3,40 to 4,-
from 4,10 to 5,-
from 4,80 to 6,-

three different amounts of cigarettes, they look so cheap.

but now, I mean, I have to work 2 Farking hours for the big pack now.

*in euro's eh*

and even the prices at the McD's I work are going up. Farking rip-offs.

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