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Presumably there's some way to take out bolivar-denominated loans?
by theseatoms 8y ago
Presumably there's some way to take out bolivar-denominated loans?
- rthomas6 8y agoProbably not at a low enough interest rate.
- Nokinside 8y agoIncidentally that would have prevented Venezuelan currency and debt crisis in the first place. I seriously doubt that any bank would give out bolivar-denominated loans with fixed interest rate that is below 100%. I could take a two year debt with 10% interest easily. Venezuelans are already earning more gold farming RuneScape than actually farming.
- NullPrefix 8y agoShorting Bolivar?