What is Generation Zoe?

heh yeah, I understood that but I couldn't figure out exactly what they were pitching to people to get their money.
 
sts7049 said:
heh yeah, I understood that but I couldn't figure out exactly what they were pitching to people to get their money.
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Astronomical returns on investment. If it sounds too good to be true, chances are it isn't.
 
Anyone who believes that the US dollar a now devaluing currency can pay even 1% per month needs to have their head examined . Saying that about one year ago when the peso was rapidly devaluing I can see that those who had dollars would believe that they were on a goldmine and those who create these schemes took advantage of that dollar frenzy . This is the first time since I have moved here that the US dollar blue rate has been on a downward cycle for so long . Here in Bariloche the exchange rate is much worse than the capital federal and today noone even had pesos to sell for dollars . How times have changed !

Saying that I can understand the frenzy of Generation Zoe and the means that they had to pay for a little while those exuberant interest rates . It could have lasted much longer but alas the us dollar has lost over 15% of its value on the blue market rate in just 2 months . Thats what brought this scheme to its knees
 
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