Here we go! Dow down again today.

Posted by GlennLuck 8 years, 9 months ago to Economics
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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.


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  • Posted by freedomforall 8 years, 9 months ago in reply to this comment.
    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.
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  • Posted by 8 years, 9 months ago in reply to this comment.
    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.
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  • Posted by SaltyDog 8 years, 9 months ago in reply to this comment.
    You should see it if you can...it might even be free on YouTube. If nothing else, it's a comedy starring John Wayne, Lee Marvin, Jack Warden and Dorothy Lamour. It really is a hoot!
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  • Posted by 8 years, 9 months ago in reply to this comment.
    I didn't see the movie but I've been to Kauai. It's beautiful and that could make a great gulch.
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  • Posted by SaltyDog 8 years, 9 months ago
    Did you ever see the movie, "Donovan's Reef"? That's where I wanna go.
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