Users Online Now:
GLP Poker Rooms
Donate To GLP
Back to Forum
Back to Thread
REPLY TO THREAD
Denmark is on Verge of Icelandic Style Crash
Ms Sans Serif
In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:XXXX:MV8xNzIwNzgwXzdGODZENEEz] http://www.valuewalk.com/2011/12/luxor-capital-q3-shareholder-letter-short-danske-bank/#.TtxCHVbfWAo ...the breakdown of the situation outlines why shorting Danske Bank at this point is an absolute no brainer. For example, even if one assumes a fairy tale ending in Europe (which is almost impossible) Danske should still be toast given any reversion to the mean in the Danish/Copenhagen housing market, which is a near certainty in my mind. If Europe gets out of hand and the cost of wholesale funding goes up (or away altogether) then Danske is a zero even quicker. The letter notes that Denmark’s banking assets-to-GDP is 454%!!! ... [/quote]
link to www.valuewalk.com
...the breakdown of the situation outlines why shorting Danske Bank at this point is an absolute no brainer. For example, even if one assumes a fairy tale ending in Europe (which is almost impossible) Danske should still be toast given any reversion to the mean in the Danish/Copenhagen housing market, which is a near certainty in my mind. If Europe gets out of hand and the cost of wholesale funding goes up (or away altogether) then Danske is a zero even quicker. The letter notes that Denmark’s banking assets-to-GDP is 454%!!!
Pictures (click to insert)
Big Round Smilies
Aliens and Space
Friendship & Love
Misc Small Smilies
View All Categories
Next Page >>
Share a Coke With WHO!? Has Coca-Cola Gone Too Far With This One?
Get ready: Biblical 'Shemitah' begins this week - rabbi warns America of God's 7-year judgments
Fox News priest demands government ban Satanic masses ‘in the name of free speech
Tax refunds will be cut for Obamacare recipients.
Liberals OUTRAGED at Gun Company’s ‘Presidential’ Name for New Product
Secret weapon to take over America revealed
CDC says combining the annual FluShot with other vaccines raises risk of febrile seizure in kids
Fox News Conspiracy About Undocumented Immigrants Voting Gets Debunked By Its Own Contributor
Food stamp system to go down across New York this weekend
Mutated Ebola virus could spread like flu, says Purdue University biologist
Cameras to Detect ‘Abnormal’ Behavior
West Virginia cops tout major bust for illegal ginseng harvesting
Scientists Say They've Created A Freaky New Form Of Light
A Closer Look: Your (online) life after death
Adoption/Child Welfare Bill H.R. 4980 Passed By Senate, Heads to President
4Chan strikes again by tricking gullible iPhone users into charging their phones in the microwave
A slow-motion disaster in the making for Sunshine State
BOMBSHELL: DHS Forced to Admit to Terrorists Caught at Texas Border
New Evidence Confirms Columbus had Map
The CDC, NIH & Bill Gates Own the Patents On Existing Ebola & Related Vaccines
Public University Requires Students to Submit Their Sexual History.
What a Dental Hygienist Found in Her Patient’s Mouths Forced a Company to Take Action
Satanists Handing Out Religious Literature at Schools
Comcast Denies It Will Cut Off Customers Who Use Tor, The Web Browser For Criminals
Expect the Unexpected: More 9.0 Megaquakes Are Coming, Study Says
We're dropping truth bombs like it's the end of days!
Disclaimer / Copyright Info
with questions or comments about this site.
"Godlike Productions" & "GLP" are registered trademarks of Zero Point Ltd.
Website Design Copyright © 1999 - 2014 Godlikeproductions.com
Page generated in 0.005s (4 queries)