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/biz/ - Business & Finance

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File: 58 KB, 1018x682, caracas index.png [View same] [iqdb] [saucenao] [google]
9718015 No.9718015 [Reply] [Original]

Socialism really does work.

>https://www.bloomberg.com/news/articles/2018-04-26/venezuela-s-inflation-is-so-extreme-it-s-broken-the-stock-market

>> No.9718034

>>9718015

How can I short VZD?

>> No.9718204

>Regulators say they have to lop three zeros off the price of equities on the exchange after determining its computers could no longer handle the swelling values for local shares
boomer stocks lol

>> No.9718228

>>9718015
exactly why everyone should own at least some crypto, that'll be the narrative that'll open up the boomer floodgates

>> No.9718245

so its value is holding?

>> No.9718247

>>9718034
long USDVEF of course
https://www.google.com/search?q=usdvef&oq=usdvef&aqs=chrome..69i57j0l5.1291j0j7&sourceid=chrome&ie=UTF-8

>> No.9718904

>>9718247

Can I borrow VEF on leverage?

Like can I borrow 20K USD in VEF?

>> No.9718932

>/biz/ trying to convince me to invest in Venezuelan monopoly money shit

>> No.9718947

>>9718247
What exchange does /biz/ use for this? I'm slowly getting into stocks and forex from crypto.

>> No.9719558
File: 632 KB, 1862x1221, 14284127865.png [View same] [iqdb] [saucenao] [google]
9719558

>>9718015
That's is not true socialism, Norway that's is socialism.

>> No.9719574

>>9719558
kys

>> No.9719577

is their dollar on forex? could be fun to day trade

>> No.9719597

>>9718015
Too bad it is priced in their shitcoin that is literally worth $0.0000005 USD

>> No.9719637

Socialism: this time it will work for sure

>> No.9719653

Stop talking about my country. You don't understand.

>> No.9719716
File: 145 KB, 900x506, russia pt2.jpg [View same] [iqdb] [saucenao] [google]
9719716

>> No.9719717

>>9719653
Then why don't you set us straight and explain the situation?

>> No.9719727

>doesnt know how inflation works
also kek at the flatline

>> No.9719728

my country

ama

south American where a GPU is now the equivalent of meth

if you have you will be jailed

>> No.9719800
File: 101 KB, 720x1280, photo_2018-06-02_11-01-22.jpg [View same] [iqdb] [saucenao] [google]
9719800

gov alert

if you import GPU you must pay $1 billion dollars in taxes

>> No.9719823

>>9719800
How much could you make smuggling them in?

>> No.9719824

>>9719716
this must be some old ass pic, no way that mining btc is so profitable right now

>> No.9719839

>>9719824
yes old

but Venezuelan economy (shit) still makes crypto relevant if you can avoid getting caught

>> No.9719854
File: 11 KB, 388x200, petro.png [View same] [iqdb] [saucenao] [google]
9719854

NEM

Petro will skyrocket

Not sure how long it will stay up

This is coming from the Russians

>> No.9719875
File: 117 KB, 900x332, 2easy.png [View same] [iqdb] [saucenao] [google]
9719875

>> No.9719949
File: 441 KB, 1018x553, usa lost.png [View same] [iqdb] [saucenao] [google]
9719949

with women like her and food next to Japanese cuisine (Peru)

amerimutt is not worth it


"Its citizens live shorter and sicker lives compared to those living in all other rich democracies, eradicable tropical diseases are increasingly prevalent and it has the world's highest incarceration rate ... and the highest obesity levels in the developed world," Alston said.

Because in South America you dont have kids walking into schools trying to kill people (people have better social skills) these are facts. Obesity is not a problem in south america and the jail population ? Look up GEO and invest as much as you can, your banking on the suffering of people. Welcome to the USA if you dont like it get out ! Thats why I love it

https://www.yahoo.com/news/americas-poor-becoming-more-destitute-under-trump-u-110313048.html

>> No.9719972

tfw when Miss Venezuela approaches you and talks about Link $1000 eoy

looks and brains

welcome to Venezuela

where your kids are forced to learn crypto

not bad

>> No.9719988

>>9719653
t. Seething

>> No.9720044

>Socialism
>Stock market
Thinkingface.jpg

>> No.9720055

>>9719988
What is this "t." meme? What does it mean?

>> No.9720056

>>9719823
i was on a train ride to machu picchu with a Venezuelan lawyer and he was saying you could make like 5 gs off of macbooks. and this was a few years ago.

>> No.9720068

>>9720056
Can tourists come in with any kind of computer at all?

>> No.9720079

>>9720055

t. newfag

>> No.9720089

>>9720079
Nah, just don't keep up with 4chan that much anymore.

>> No.9720099

>>9720055
t. is something like "from", but in finnish

>> No.9720159

hey biz would anyone be interested in a documentary of crypto life in south America

*thinkingface.jpg*

>> No.9720171

>>9718015
It’s like oil prices going up and down are the only thing that matters

>> No.9720871

>>9718015
Looks like bitcoins at 20k ha (((they))) keep getting away with it

>> No.9721731
File: 83 KB, 688x750, communism to the fucken max. time to tax that ass. get ready stupid americans. when gov finds you can print money with gpu. trump wont allow it.jpg [View same] [iqdb] [saucenao] [google]
9721731

print money using gpu

trump will do the same if not worse

>> No.9721752

>>9718932
Almost as good as the Iraqi dinar threads.

>> No.9721771
File: 118 KB, 1024x1024, 1527394571421.jpg [View same] [iqdb] [saucenao] [google]
9721771

>>9721731
time to tax that ass

look at this as a prequel

you cannot argue our current capitalist gov will never allow us to print money using everyday devices

the end is coming

regulation will force people and companies out

trump will do it because you know he is crazy enough and if its not him

green people will do it

again you cant stop it thats why russian history goes back over 500 years.

amerimutt history goes back to Las Vegas

kys

>> No.9721823

http://www.juris-line.com.ve/data/files/4293.zip

kids lurking biz dont have a clue what im talking about

thats why 1080ti are going for $3000 a pop in caracas

stay poor stay in america

>> No.9721832

>>9719728
Do you know anyone this has happened to personally?

When did they start doing this? Do they just want to take the mining power away from the people or are they literally mining themselves (big gaming rigs set up in the capitol buildings etc?)

I was not aware of any of this and it literally blows my mind

>> No.9721862

>>9719716
You only don't have food and electricity

>> No.9721866

https://www.youtube.com/watch?time_continue=9&v=2ljwXD_yuwk

when you mock then you mock Russia

500 year history vs 100 years of pussies shooting guns

the winner is clear ill come back when it moons and biz is still talking about link

I never said it work just moon

go Petro (the WORLDS largest oil reserves fuck you middle east South America has it all)

>> No.9722484

>>9718015
It's not the stocks that are increasing in price, it's the Venezuelan currency that is rapidly decreasing in price.
Socialist brainlets will never understand inflation.
Stay broke and stupid, OP

>> No.9722655

>>9721866

>oil

Data is the new oil