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Let's say you take out a credit right now and the euro crashes.

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Thread replies: 11
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Let's say you take out a credit right now and the euro crashes. What happens to that credit? Does it remain the same?
>>
whats a credit
>>
the fuck are you even trying to say?
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>>1939738
He means probably a loan with credit.
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>>1939843
>>1939748
>>1939770
I'm sorry, anon was right. I meant a loan
>>
>>1939738
it depends. some loans are secured in a way that they are bound to dollar. so if euro crashes the bank wouldn't make a loss.
>>
>>1939738
Do you really think that the eternal merchant would let himself lose money?!
>>
Good question it would be funny to ask for a loan then buy gold or invest it and if the yuro crashes and inflation goes off the roof just pay the loan with a convenient 5 million euro bill and let them keep the change for the good times when as a kid you believed in banks (kind of like santa)
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>>1940521
No one in any appreciable amount will ever use precious metals as a currency ever again.
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>>1941142
I think he's saying to buy the gold and then exchange a small portion of it for the money you owe since the Euro will be worthless if the EU collapses.
>>
>>1941146
I understand the idea.
Thread posts: 11
Thread images: 1


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