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Diegoloco
125 Followers
65 Following
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@diegoloco
0
about 19 hours ago
RE: The Dutch Curse and VENEZUELA's Oil
@diegoloco
0
about 22 hours ago
RE: The Dutch Curse and VENEZUELA's Oil
Venezuela has the world's largest oil reserves. The problem is that it's heavy oil, which is more expensive to process. It requires chemical inputs that the United States has to…
@diegoloco
0
about 22 hours ago
RE: The Dutch Curse and VENEZUELA's Oil
When a country explodes, all the problems come at once. Venezuela's debt will have to be negotiated as a hard default. And the rulings in international courts will be put on…
@diegoloco
0
1 day ago
RE: The Dutch Curse and VENEZUELA's Oil
The check could come through any minute now... If they keep playing like this, they won't get paid for the next 100 years.
@diegoloco
0
2 days ago
RE: The Dutch Curse and VENEZUELA's Oil
Venezuela's problem was the socialist model implemented by Hugo Chávez and continued by Maduro. They destroyed their economy and their oil industry. They went into debt and…
@diegoloco
0
5 days ago
RE: Understanding Traditional Finance
Rules exist for a reason. They're usually the solution to a problem in the financial system. Everyone criticizes fiat currency as if cryptocurrencies weren't inflationary. The…
@diegoloco
0
5 days ago
RE: The Daily Meme #845!
It has big ups and big downs. You only need to look at its historical chart.
@diegoloco
0
5 days ago
RE: The Daily Meme #845!
I'd be careful with gold; it's at all-time highs, and there's no guarantee it will keep rising in price forever. Everyone assumes gold protects against inflation, but given the…
@diegoloco
0
5 days ago
RE: The Daily Meme #845!
It's worse than that, my friend. People are looking for a magician to solve all their life's problems. In Argentina, they got tired of voting for magicians, and this time they…
@diegoloco
0
5 days ago
RE: The Daily Meme #845!
Inflation is harmful to everyone, even those with assets. Furthermore, what matters is personal inflation, which is the inflation you personally experience. For example, you only…
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