Interest rate Hikes and a lot of uncertainty.
[QUOTE=ColombiaLover;2175858]In Europe in the summer when the Euro hit about 1. 67 to the dollar. Even the cost of a Coke was outrageous! And I also spent a lot of time in Colombia when the COP was in the 1700's. True deals could be found on local products, but not much else. I also enjoyed the 330 rate as well. I would be very happy to see the COP go back to 3000 to the dollar, but even at 2800 or 2900 I am very happy compared to what the rate was when I first married my ex-wife, who was from Bogota.[/QUOTE]Things might get even better for those who hold the USD. Unemployment fell below 4% in the US, triggering speculation that the FOMC would hike interest rates four times, whereas there's the consensus that it would happen twice at the beginning of this week.
In other news, drastic action was also taken by Argentina's Central bank in the past week. They hiked interest rates three times! And that still hasn't had much impact on its weakening currency.
[URL]https://www.forbes.com/sites/kenrapoza/2018/05/04/brakes-slamming-on-argentina-as-central-banks-credibility-damaged/[/URL]#57592 ef410 d5.
[URL]https://www.wsj.com/articles/argentina-central-bank-boosts-main-rate-to-40-in-third-rise-in-eight-days-1525445140[/URL]
Argentina's peso has been sliding in the past few years, which means that maybe Argentina needs extra scrutiny as a mongering destination. Certainly it has it fans here on ISG.
As for ex-wife's abroad, I can certainly relate. Though in hindsight they might be cheaper when you just pay them to leave.
The COP as the new darling of the carry Trade.
[QUOTE=Dickhead;2167564]It is the dollar getting weaker. Dollar down 18% against the euro since Trump was elected and began running his mouth. Oil prices up nearly 30%. Look at the COP vs. The euro. Gone virtually nowhere.[/QUOTE]Well, it seems there is also a bit more rational explanation for the temporary strength of the COP.
[URL]https://www.marketwatch.com/story/heres-why-emerging-market-investors-are-swooning-over-colombias-peso-2018-06-06[/URL]
Of course, if you want to persist in blaming presidents for low exchange rates, we must note that during Obama's two terms, the dollar spent at least half of those 8 years under 2000 COP. Personally, I'm inclined to look at the big picture as to what influences exchange rates, instead of only what goes on in the White House.
In other news, the USD broke about 2900 COP a week ago, and has stayed there. The COP lost momentum against the USD on April 18, a week after the Fed released the "minutes" from their prior meeting in March. The Thai Baht also turned around on April 18, while the Brazilian Real hastened its decline on that same date. Its typically a bad thing for a developing nation's currency when the FOMC embarks on a path to raising interest rates. But, is can be a blessing for those of us who prefer to monger in the developing world.
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More SA (seekingarrangements) talk
[QUOTE=MrEnternational;2201101]I'm not debating whether the 10% is a large number. I'm just pointing out that with the ratio of men to women on the site, the chicks from SA are no less used than any other chicks that us mongers are fucking for money.[/QUOTE]I don't think the ratio of women to men has anything to do with how used the girls are, that depends on her MO, is she a real sugar baby / part timer or a escort. Seems to be about 1 out of 5 are actual high volume escorts, the rest are real SB's, college girls / low income chicks looking to make some extra money on the side and get dinner & drinks + maybe sex.
The escort ones want to come right to your house the 1st time, no dinner, drinks etc and may have a driver and they watch the clock, have rules and usually have a lower starting price. The real SB's will want to meet you somewhere for dinner / drinks and see how they like you first. My fav for a year was a 19 yo (the 1st pic I posted with the bikini and huge tits, which were natural, she was only about 5' tall too with a model's face) she lived at home with her parents and had no car, told her parents I was her "Uber" driver when I came to pick her up. Gave her $400 the 1st time she was so hot but we got that down to $100 in about 2 weeks. We would get some take out sushi, drink some Saki, lay on the couch and watch some Top Gear (I turned her on to it) then I'd give her a full body massage and we'd have awesome sex, on the pill, no condom. Avg time over about 3+ hours at least once a week. She didn't want to go out cause we might run into her parents. LOL.
No full time escort would follow that plan.
One of my other fav was the one in the pic on stage as a fitness competitor, 27 yo, saw her for almost 2 years, ran her own business, worked out all the time and did the NPC fitness competitions and dog rescue. She told me she didn't have time for a BF but still wanted some sex. Apparently her last BF was a big time leech. Basically same MO as other girl except she had a car and wanted $200, came over for sushi, Saki, Top Gear, back rub, and bare back sex, 2 to 3 hours at my place. Me & her did several out of town vacations incld camping on the beach in the Dry Tortugas for 3 days.
Also saw for a few months a chick who was a WingHouse waitress (like Hooters). She was the most fun in bed as she was up for anything. She did want $300 though so didn't see her that long.
Those girls all had $300 to $400 an hour bodies and faces to me.
There is a 3rd type though, ones who ask for $100 to meet you for dinner / drinks and have no intention of sleeping with anyone, do that 7 times a week and they don't need a job.
My 3 favs: (out of around 40 SB's I took home off the sites).