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The Bar / Re: New Weird
« on: May 03, 2024, 03:45:04 PM »
Education is the first thing to go. As it's a long term investment, with no precise calculable returns, governments tend to start cutting corners there. In our case, some of our universities were ranked in the top 20 in the world up to the 90s. Some cuts later, in basic and university education, and we started feeling the effects around 2010. People who wanted to work in the US/Europe started having to go to a remedial year of courses to equate their level with the locals. 5 years later, it became 2 years of remedials.
About the inflation, well, 100% sucks, which I know from experience. Our local currency has lost half its value against the USD every year for 5 years straight now. Which is a nightmare, because every piece of technology and most animal feed is imported here, so everything goes up and down exactly with the dollar.
About the inflation, well, 100% sucks, which I know from experience. Our local currency has lost half its value against the USD every year for 5 years straight now. Which is a nightmare, because every piece of technology and most animal feed is imported here, so everything goes up and down exactly with the dollar.