Quote from: Biodom on April 06, 2017, 06:16:54 PM

Quote from: Ibian on April 06, 2017, 05:50:09 PM

Quote from: edgar on April 06, 2017, 01:22:21 PM

where else is going through what venezuela is?

All of europe and the states and australia and japan. China has its own problems. Venezuela is just ahead of the curve.

I am curious about Japan first. They had been on ZIRP or close to it for at least 2 decades.
A pop in interest rates might be very painful there.
Therefore, legalization of bitcoin and hundreds of thou or merchants accepting it by summer might be considered as building a possible safety net.

They have about the highest debt to gdp of any of the troubled countries. But they don't have millions of unwashed welfare immigrants to deal with, and they are intelligent. Will not be the first to drop.