[evollove]

Originally Posted by Ashatav

Aliens with magic wands will save us of loosing the house because mortage.

Chazz! and the numbers in the computer are changed!

Cheers!

That wand could be inflation

Originally Posted by Montenegro

In Serbia, during the economic isolation and sanctions in the '90, the economy just went bananas. The inflation rate was huge: people would get their monthly salaries in the morning, and in the afternoon, when they went home, they couldn't even buy a loaf of bread for that money!

Peoples mortgages were paid off in no time, as the loans were with fixed interest rates. In view of that the whole banking system colapsed, and the last thing the government would think of was to help the banks from falling through. They were preoccupied with the health care, housing problems, roads, railroads, power grid, schools, police, firebrigades ect.

Some people bought their own homes for 100$.

Peace!