Re:Venezuela’s Currency Has Had its Biggest Monthly Collapse
by Spooky23 on Thursday November 24, 2016 @09:28PM
(#13034037)
My wording was awkward. If you start with a mortgage, and can hold on to the property or stuff through the crisis, you come out wealthy.
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Re:Venezuela’s Currency Has Had its Biggest Monthly Collapse
by edblarney on Thursday November 24, 2016 @11:41PM
(#13034446)
Yup.
You become 'more wealthy than your peers'. But in reality, it's crap for everyone. You become 'much less wealthy relative to everyone outside the country'.
Depends on what one values :)
Re:Venezuela’s Currency Has Had its Biggest Monthly Collapse
by guard-of-terra on Friday November 25, 2016 @04:15AM
(#13035313)
You're country is probably going to rebound in ten years (mostly), but your personal assets aren't going away.