RE: A Choice Between Eating or Having a Roof Over Your Head
This post is like the gift that keeps on giving, so many great responses it’s going to smash 50 comments easily I’m so take by it, love it!
Interest rates here for a home loan are 10-11% so you were really on the high end back in the day, wow how your economy has changed in a short period of time
I think buying down shouldn’t be seen as that buying responsibly. I get that people are aiming for opulence and think that will bring happiness and if that’s your shtick by all means but many like you’d say get court in the consuming debt trap, get more, debt more and continue on
If I look at the prices you mention and I Know the CAD is 10 to the Rand if you get even half or a 3rd of that 1 million you would be in a pretty fancy neighborhood here and basically live pretty well off!
My ideal situation would be to live here but earn more USD, GBP and EUR lol and then spend some time abroad I don’t really feel I need to put down major multi million dollar roots down
I laughed so hard at Tabernack
Another steemian also spoke about the Asian influence in BC! I don’t know much about it and if it’s the same as in Africa, China will offer to give you insane things like build new malls, ports, and all sorts of infrastructure and then when you pay back you default and they start setting up military bases or take charge of mines or state owned landed as collateral for the debt! They starting to own large parts of Africa now due to this method
It’s an interesting theory you have there, and I wouldn’t rule it out! I also think that this blockchain fueled economic reset will also bring about new migration patterns too!
I think (eventually) off planet too (migration patterns) and that’s one of the reasons why we need to move to a completely digital system and a one world government without boarders.
“Yeah, let’s invite the human representative to sit at the Galactic 2000 summit.” said no higher intelligence being diplomat ever...
Who’s going carry gold to another moon, planet or universe?
That's a good point, interplanetary travel can't rely on fiat money or physical money it needs to be something that can be tapped into anywhere which is what crypto offers us.
If I look at the advances in AI technology I can pretty much see that has the self-correcting species that make our way of life obsolute. In a way, all these technologies are a building block for something far greater than we can even imagine.