Re: Starting over
Webmaster: HombrePosted by DickJohnson on December 16, 2003 - 19:11 pm
In Reply to: Re: Starting over posted by Murasaki on December 16, 2003 - 18:27 pm
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In S. American Countries where inflation is not unusual. And currency values can drop like the shit out of your ass. That's just basic knowledge. 12% is great in good times but when bad times come you are fucked. There are rates much higher than 12% in other countries. But many people have lost their money in unstable economies. Brazil's economy and currency is not stable to say the least(some of you are laughing already). In Mexico some people made a fortune by putting their money in the banks for decades but the banks won't pay and they are still in dispute. (BTW, 12% of 120K is $1440.)
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