Home › Forums › Financial Markets/Economics › Don’t cry for me argentina…. › Again “Never take out debt in
Again “Never take out debt in a currency your country does not control.”
The debt was in USA dollars.
I would add as well,
Never take out Debt that has to be paid back in gold, or something similar (or tries to act like) gold.
Put another way,
Never take out debt in anything that appreciates relative to your labor or goods.