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Joined 2 years ago
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Cake day: October 9th, 2023

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  • The dollar may be falling, but if the peso falls more, there would be a net gain in the dollar vs. the peso. 21% of Uruguay’s trade is with China, and a contraction in the Chinese economy could impact the peso.

    True but it would be very strange for China to fall down right now even tough they are having those wacky crisis they have enough to mitigate the imapct for now. We are a little decopuled from Argentina luckly and the rest of the region is doing kinda alright. Not great but handles it. Also here is pretty stable at least for the time being.

    I think the dollar will be significantly lower by the end of 2026 than it is today.

    My question is more in the near future as for 2026 maybe markets reajusted and inflation would have kicked in.

    In my opinion, I think you’re better off evaluating your purchase in terms of the value it provides to you, rather than trying to time the market with currency exchange rates.

    Absolutely true but the cheapskate in me cannot help to hope to squeeze a little more bang for my buck 🤣

    Further, even if the dollar were to collapse, in all likelihood sellers would demand more dollars for their goods, so it isn’t clear that there would be a big benefit in trying to time the currency markets.

    Yes buuut in the time that readjusts maybe I can get a good price.

    To be more specific I’m thinking into going for it next week or the other just want to doublecheck a little the when exactly.














  • It’s a good anawer but too vague. What he means is that you need to start discerning between the shit that they want you to believe that will make you rich for example work 3 jobs, invest in stocks, crypto. And start doing things that are really in you best interests like learn to cook linstead of buying always from takeover, learn a trade (I’m trying to learn to sew myself), get a good phone that last you years instead of a shit hyped one, install linux, stop chasing trends and fast fashion etc… Yeah it looks like that new type commie feminist hipster life but it’s happening for a reason is people trying to unplug the lifewire of predatory capitalism that drives you crazy and depressed.