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/biz/ - Business & Finance

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401232 No.401232[DELETED]  [Reply] [Original]

Why are you not loaning US dollars right now to get shit rich in the future, /biz/?

>> No.401237

The smart move is to turn your USD into property as it will retain value while the dollar falls.

>> No.401240

>>401237
What makes you believe US property pricing won't decline when the dollar does? O are you talking about buying property somewhere else?

>> No.401242

>>401240
I think it will take a short term hit but recover stronger, land in the US is dirt cheap compared to the rest of the western world.

>> No.401244

>>401242
Good point. I believe you'd be better off taking up a loan in US dollars and convert it to a more stable currency like CHF or NOK though. The further the dollar falls the more money you make.

>> No.401246

>>401244
>manual forex trading
shiggy diggy

>> No.401250

>>401246
Why not?

>> No.401260

>>401240
You are talking about a liquid asset and a tangible one. That's like comparing apples to oranges.

Also according to Locke, a properties value is directly associated with the labor one puts into developing it.

>> No.401408

>>401244

>Hello Mr. Loan Officer, I'd like an unsecured fixed-rate non-callable 30 year loan of ten million dollars for currency speculation, please.

GOOD FUCKING LUCK WITH THAT.

>> No.401464

>>401246
as opposed to, automatic??

>> No.401473

>>401232

Britain and France are still in good position. I don't see the problem here.

Who's next? Bets? I'd say Germany if they weren't in with the Euro. Maybe Canada?

>>401237

Bullshit. We're in a housing bubble. Shit up for sale for years and years, run down crap decaying. They're trying to sell houses for more than people are willing to pay for them, so they don't get sold.