Here we go! Dow down again today.

Posted by GlennLuck 8 years, 8 months ago to Economics
10 comments | Share | Best of... | Flag

The stock market is headed south again today. With the Chinese bubble bursting, interest rates rising and global profits declining, it looks like we are getting closer to the inevitable global economic collapse. Hope to see you all in Punta Del Este.


Add Comment

FORMATTING HELP

All Comments Hide marked as read Mark all as read

  • Posted by freedomforall 8 years, 8 months ago
    Is there any economy other than tourism in Punta Del Este?
    Reply | Mark as read | Best of... | Permalink  
    • Posted by 8 years, 8 months ago
      Uruguay has a stable limited government, fertile soil, a huge water reservoir, and a free market economy. A new deep water port is being constructed north of Punta Del Este and it will become a major trading center for southern Brazil and Mercosur. Plus it is safe and the people are very warm. See you there.
      Reply | Mark as read | Parent | Best of... | Permalink  
      • Posted by freedomforall 8 years, 8 months ago
        Yes, I knew about Uruguay, but Punta del Este is just a tourist destination, iirc. Doubt I will see you there unless English is much more widely spoken than I have found in research. Uruguay has relatively short growing season, so its not a year round mild climate.
        Reply | Mark as read | Parent | Best of... | Permalink  

FORMATTING HELP

  • Comment hidden. Undo