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by elgfare
1974 days ago
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This rings extremely true for me. I live in Norway, which in my experience is significantly more trusting than most other places, and it's wonderful. We do have other transaction costs though, like a fear of "bothering" each other. Different problem, similar effect. |
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When I bought a home I just wired the down payment, didn't get anything other than the bank statement saying I had wired the money. In Brazil I'd get a paper proving they got it and stuff.
So while the fear of "bothering" is real, the fear of losing a considerable amount of money because the person on the other side is not trustworthy (and I'd say Brazilians in general assume no one is trustworthy) is worse in a much bigger scale. I'm not sure I'll ever be as carefree as americans but not having to care as much as I used to back in Brazil has been a huge boost for my mental health.