So, how does that help devalue the debts? If the debts are denominated in the local currency and the currency has just been devalued against the USD, then the cost of living has risen but local wages haven't. The debt remains, and its harder to pay off. Not sure what you're driving at here Passive, but debt devaluation by monetary inflation isnt it...
- Forums
- Property
- and then there is this.?!
So, how does that help devalue the debts? If the debts are...
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham, MD & CEO
James Graham
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online