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General Poker
Moving To A Poor Country To Be An Online Pro
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[QUOTE="OzExorcist, post: 1411934, member: 23910"] ...actually, supply and demand dictates that everything [B]is[/B] cheap (by our standards) in a country where average earnings are small. Suppliers simply won't be able to move their products if they price them too high - that's how supply and demand works. Inflation shouldn't be a major issue because inflation is caused by loads of people spending loads of money in a short period of time. Can't happen on a large scale in a market where nobody's got that much money in the first place. Poor countries will experience normal rises and falls in inflation, which they'll control the same way rich countries do: by adjusting their central bank's interest rates. You'll occasionally hear about hyper-inflation problems in poor countries, almost always it's a result of their government just printing money to pay workers or debts (Zimbabwe, post-WWII Germany) which is as sure a way as any to devalue your currency. Note that we're talking about ordinary products here - food, accommodation, clothing etc that are considered normal by local standards. Luxuries will be treated differently and likely [B]will[/B] be expensive because they're usually incredibly expensive and/or difficult to supply in poor countries. And in some countries, things like internet access fast enough to play online poker without timing out every other hand is considered a luxury. There endeth my Economics 101 rant for the day. With regard to OP's question sure it might work but are you [I]really[/I] willing to live with the downsides, leave your friends and family, probably learn a whole new language and accept a massive drop in living standards just so that you can sit in front of a computer clicking a mouse all day? I'm thinking probably not or if you are you've probably got some other, much more compelling reason to leave your current country of residence. [/QUOTE]
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Moving To A Poor Country To Be An Online Pro
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