This article may be expanded with text translated from the corresponding article in Danish. (August 2016) Click [show] for important translation instructions.
Machine translation like Deepl or Google Translate is a useful starting point for translations, but translators must revise errors as necessary and confirm that the translation is accurate, rather than simply copy-pasting machine-translated text into the English Wikipedia.
Do not translate text that appears unreliable or low-quality. If possible, verify the text with references provided in the foreign-language article.
You must provide copyright attribution in the edit summary accompanying your translation by providing an interlanguage link to the source of your translation. A model attribution edit summary (using German): Content in this edit is translated from the existing German Wikipedia article at [[:de:Exact name of German article]]; see its history for attribution.
Denmark had been waging the Napoleonic Wars since it started in 1803 and ended in 1815, this led to expansive note-issuing and put Denmark in a tough position and weakened their monetary system. Due to the excessive note-issuing and trying to remain neutral under England's skepticism, all came together to cause the bankruptcy of Denmark on January 5, 1813. During the war, England became skeptical of Denmark's neutrality, which lead England to invade the south of Denmark, capture their naval fleet, and lose Norway in 1814, which prompted them to side with France, and then accept defeat in 1815. These events further pushed Denmark into bankruptcy and their financial struggles lasted through the establishment of the Danish central bank, Danmarks Nationalbank, in 1818 up until 1845, when the silver standard was reintroduced in the Danish banking system.