Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Interest rates gambling
#1
Can I gamble on the differences between the rate of a loan in one country (example 3%) and the interest rate gained from a deposit in another country (example 8%)?
If a kid asks where rain comes from, I think a cute thing to tell him is "God is crying." And if he asks why God is crying, another cute thing to tell him is "Probably because of something you did."

Vegan news | Vegan forums
Reply

#2
it's possible, many people used to do that in the past, but you have to organize your work step by step otherwise you will not succeed
“Love is like a booger. You keep picking at it until you get it, then wonder what to do with it.”
3ds Max tutorials | Light Wave 3d tutorials | MAYA tutorials | XSI tutorials
Reply

#3
never do that. You have to understand that if a country has a high interest rate, its economy is very weak. So consequently depositing big amounts is dangerous.
"I believe in making the world safe for our children, but not our children's children, because I don't think children should be having sex." Smile

Web Design Forums - Server-Side Web and Software Development discussions
Reply

#4
about a decade ago, the interest rates in Mexico offered 25-30% a year. So Americans decided to gamble on it. But one reform in the financial sector changed everything and the interest rates went down! Think about it.
Reply

#5
what you can do now is gamble on the weak dollar. Many European companies which concluded contracts with American companies now benefit a lot from the poor rate of dollar.
"I believe in making the world safe for our children, but not our children's children, because I don't think children should be having sex." Smile

Web Design Forums - Server-Side Web and Software Development discussions
Reply

#6
yes, also many eastern European governments which concluded agreements with Russian gas and oil suppliers received a lot of income due to the weak dollar. It will keep depreciating until the US elections are finished.
Reply

#7
Japan is considered to be the country which gives loans at the lowest interest rate, that's less than 1%. But, the problem is that it's very difficult to obtain a loan in Japan.
If a kid asks where rain comes from, I think a cute thing to tell him is "God is crying." And if he asks why God is crying, another cute thing to tell him is "Probably because of something you did."

Vegan news | Vegan forums
Reply

#8
Read about how gamblers win in New York as interest rates go up.
<!-- m --><a class="postlink" href="http://findarticles.com/p/articles/mi_qn4176/is_20040701/ai_n14582793">http://findarticles.com/p/articles/mi_q ... _n14582793</a><!-- m -->
Reply

#9
that's nice, but we're not in New York. In poor countries it is more difficult to do that.
“The only thing worse than being talked about is not being talked about.”
A really nice forum for Parisians
Reply

#10
there are countries now which offer about 30% on deposit interest rates in local currency. So, you can deposit it, and take loans in dollars. The risk is that those currencies are not stable.
“Love is like a booger. You keep picking at it until you get it, then wonder what to do with it.”
3ds Max tutorials | Light Wave 3d tutorials | MAYA tutorials | XSI tutorials
Reply

#11
Well this story is old enough since currencies like the Mexican Peso started to make unexpected moves. But till then, traders around the world were doing this and making quite a profit, as the peso was depreciating in a continue rate.
Reply

#12
is there now a country that is in a similar situation Mexico was those times?
“Love is like a booger. You keep picking at it until you get it, then wonder what to do with it.”
3ds Max tutorials | Light Wave 3d tutorials | MAYA tutorials | XSI tutorials
Reply

#13
If there were we would be knowing that.
Reply

#14
Guys, I greet everyone! I haven't heard anything about this, but when it comes to gambling, I recommend one cool platform to everyone! Be sure to check out the best bitcoin gambling sites, and keep this website link! I am sure that one boring evening this link will definitely come in handy and you will thank me!
Reply





Users browsing this thread:
1 Guest(s)

Powered By MyBB, © 2002-2024 Melroy van den Berg.