Nostr Web Client

Wow.. what are bank interest rates for mortgages and car finance?

Here where I live I’d say $1500-2000 is affording a decent life after tax (doesn’t include owning a home)

With the inflation of the country it is imposible for normal people to get a bank finance... In Venezuela most people don't have a debt culture as You would think in there... I have long time without seen a venezuela credit cat...

Here are individual people that works giving loan to people, they Charge 20% and You have to pay weekly BUT these are at your own risk...

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Discussion

Satoshis Nephew 1y ago

Wow!! How long has the current president been in power and is he a dictator?

So is it like “poor” and very very rich and no middle class people?

Malos10 1y ago

Yes exactly literally that.

Yes he is a dictator, his governent has been in power for 25 years

Satoshis Nephew 1y ago

So elections there make absolutely no sense because they’ll rig the elections to always be in power?

Is 25 years been since it’s been really bad inflation and bullshit?

Malos10 1y ago

Yes and they Will also use all armed forces to stay in power..

About 22 years, yes, but it got worse in 2012-2014