Chile is going down

My country's currency has devaluated 20% in about a month, and it keeps going. had I converted all my money into dollars in late march this year, I'd have something like 50k or more, but it's been sitting on my current account for years, so I only have about 40k USD. Plus, with the inflation caused by COVID, everything, from food to cars, already had gotten really fucking expensive.
The thing is, the future is uncertain, and this is worrying. WTF should I do? should I buy land/property ASAP? Should I leave? If so, where? The US is kinda fucked too, europe is destroying itself, most poor countries are as bad or even worse than mine... Seems like there is nowhere to go.

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>WTF should I do?
Protest with a dildo up ur ass, that's all you ever do

buy bitcoin dip dumbfuck
euro and your fucking pesos are going to die anyway

el oro pendejo

Buy physical gold or silver

you didn't buy btc? you think we're just memeing around?

There's really not much you can do. Everyone is getting fucked right now. Negative wealth effect is snapping back since the post-covid world has been literally less productive. Less productive world means everyone gets less back for their time (money). We consumed our past surplus for 2 years and now the world has to rebuild.
>should I buy land/property ASAP
Only if you plan to live there. Rentals are at risk of insane tax rates or outright takeover.

On a 3-6 month timeframe, US dollars will continue to look good because our Fed is tightening and effectively reducing the money supply. With a lot of major global contracts priced in dollars, everyone gets fucked as they're competing for less and less dollars flowing around out there.
Long term though, USDs just another shit currency for the government to dump on with stimulatory welfare bullshit that never pays itself off.

For money you really want to save 10+ years, the best you can do is invest in a diversified set of productive assets. Just buy some stocks. Luckily, they're getting crushed along with everything else right now (in USD terms).

Burger here
I’m going to Costa Rica if I make it big
El Salvador if I don’t
You don’t want to come to the US, we’re a dying empire

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Shouldn't have elected a 36-year-old communist.

>wat do
buy bitcoin obviously. thats what you want to hear right? thats what everyone wants to hear.

Go to a CFD y and do a 300x
Weas(dumbass)

Hey op, i can recommend you broker for do this if you want

btw, pic related is VERY related

and risk losing everything? hmm...

we are not mexicans, retard

kek, thanks but no thanks

>the post-covid world has been literally less productive.
well, price of copper keeps going down, so yeah...

>Only if you plan to live there. Rentals are at risk of insane tax rates
I heard they are taxing rentals... so, yeah

>outright takeover.
?

>Just buy some stocks. Luckily, they're getting crushed along with everything else right now (in USD terms).
I suck at this. I tried trading and lost money while the stocks I invested in went up. but maybe I should invest in copper? pic rel.

not really.

how do we know this isn't the top?

which one?

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>LatAm country votes in leftist president
>Country immediately collapses
How many times must this happen before Latinos realize the left is retarded

What did you have your money in? Do you actually store your wealth in pesos like some kind of retard? Buy stocks, foreign and domestic, commodities producers, reits, etc.

>the US is kinda fucked
>Europoors with below USD parity currency, energy crisis, and war
>China still in covid lockdowns, teetering economic and social collapse
>taco niggers south of the border with rapidly devaluing currencies and various recently elected left wing presidents that ‘promise economic reform’
>Africa possibly starving in later half of year w fertilizer crisis
Were the cleanest dirty shirt in the hamper, amigo

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How can you be so dumb? I turned everything I had to USD (BUSD to be exact) the moment I saw millions of chimps destroy the country over 30 pesos. I warned all my friends to do it too, they didn't listen and now they ask how I knew. Seriously?
But I'll give you OP a pass and pretend that wasn't such an obvious signal. Why didn't you sell when 80% of people voted to change the constitution? Why didn't you sell when the bancs Scotiabank and Santander literally informed all it's users that they were opening USD accounts? Why, in the fuck, didn't you sell when a dumbass COMMUNIST became the president? You had so many signals and so much time. It's all on you. All we can do now is pray the new shit constitution doesn't get approved.

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>Do you actually store your wealth in pesos like some kind of retard?
I don't know shit about economy

>Buy stocks, foreign and domestic
I was going to, but I had my doubts, because of the fall of the US stock markets ... I decided I was going to right when the dollar started going up. people said the DXY was forming a cup and a handle but I ended up not doing shit, and then the dollar kept going up and up

I don't trust crypto, and this has almost nothing to do with the president, the constitution or anything internal. see pic in

bump

so, what broker do you use/recommend?

Just vote a commie again, that should help
I swear South America should be a superpower but its filled with pure idiots

Shouldn't have voted for Guaton Culiao Gaybriel Boric maricón get fucked

wish that was me. the costa rican colon has devaluated also around 20%, possibly more, which is good for me because i have some debts in CRC but I get paid in USD.

thing is, oddly enough this week the CRC has gain around 5% back, despite the US still strengthening against other currencies. Possibly due to oil prices.