It would have to be contracted out. I don't see that happening here with so much $ at stake.
- Thread starter playacaribe2
- Start date
Economy Holding Up Well
The next year is indeed going to be a dicey one. It is already dicey and getting worse. Hopefully the sky won't fall.
Hopefully someone will put Putin out of the picture, which would help somewhat in the world in general.
Hopefully someone will put Putin out of the picture, which would help somewhat in the world in general.
Those wells and pumps(I think there were 4?)were supposed to alleviate the water shortage problems for Perla Marina, La Cienaga, and the Callejon, but apparently you're right. I still see water trucks going around in the Callejon anyway.
Where I am on the east side of Cabarete, we haven't had useable street water pressure for years. We rely on our well and cistern.
True,but unfortunately only one part of the big picture of world wide events looming out there on the horizon.
Blood in the water...that is when I have always had my greatest success investing.
Negative projections are good.
People always think things are too good and never going to go down.
And people always think things are bad and never going to end.
Opportunity exists for both the privilege and bold alike ‼️
Will the good economy translate into anything good for a regular working person in the 🇩🇴?
If the over all poverty numbers do not go down, it just means the same ole same ole.
Negative projections are good.
People always think things are too good and never going to go down.
And people always think things are bad and never going to end.
Opportunity exists for both the privilege and bold alike ‼️
Will the good economy translate into anything good for a regular working person in the 🇩🇴?
If the over all poverty numbers do not go down, it just means the same ole same ole.
I'd prefer AI running the entire operation with a team of individuals with simply and override button.
Captain, I think we are going to overload.
Scotty, eject the core‼️
Folks that live in the DR should be careful what they wish for. Potable water and 24/7 electricity would bring a massive population boom in the DR from the US and Canada and drive up prices for everything. It won't be the low price DR that everyone enjoys currently.
Tell that to the late comers to bitcoin investment . In fact right here on little ole DR1 a number of posters posted a contrarian "prediction" of the value of such an investment. Each of us needs to make predictions, or forecasts, planning, strategy in order to move forward.
It happens at thousands of Casinos across the world each night at the roulette wheel....doesn't it? And there with a choice of only two... black or white, half the people predicted wrong. lol
I had no idea on the costs. It does seem like coal, oil or natural gas are the options that will be chosen for some time to come since that is the set of options developing nations actually have for 24/7 power availability, since the initial costs are almost half. The GREEN power people will not like this reality.
As your prior posts allude...............PPPPPPP (Proper Prior Planning Prevents Pixx Poor Performance)
The Banco Central raised its monetary interest rate in several fairly aggressive moves......front running the US federal Reserve. Those moves are what has kept the peso strength against the dollar. Many countries did not raise rates, and likely for their own reasons, but are now watching their currency deteriorate as the US raises its own interest rates. Ditto the Euro which has fallen significantly in the last few months to 1:1 parity.
One thought, and although I am not a casino person, although some would argue investing in the equity markets is casino-like, the colors are black, red, and two green........however only one green in Europe, I believe.
Respectfully,
Playacaribe2
The real question is...
Are you only interested in right now or the future?
The Dominican Republic is a right now culture.
So that is not a very hard question to answer.
Things are good now.
They will deal with the future when things are not good.
Unfortunately many countries are the same. For green energy to be effective the infrastructure for it needs to be in place before trying to eliminated or lower fossil fuel energy use. In many northern countries green energy will only supplement traditional energy, not replace it.
I have heard water is often shut off intentionally so the water trucks can sell water.
This is a common conception in Montellano, because they don't charge for piped in water.
Water will be the new oil (Texas tea) of the next few decades - And why the DR is reaching its tipping point for new development.
I feel sorry for those in Perla Marina - many surviving on shallow salty wells - that wasn't how it was supposed to be for certain.
Perfect opportunity to use all the excess cash on hand to actually pay for real infrastructure that helps all the people instead of just Beach Renovations for wealthy investors.
And that may well be one of the bigger challenges facing tourism in PC and ultimately the economy. How sustainable is the water supply given the sheer volume and consumption.
CEPM has managed to supply all the resorts/hotels in the east with sufficient electricity up to this point. Electricity can be generated via various sources................but water on the other hand does not have the ability to be created like electricity.
The water challenges in other parts of the country are certainly well documented.
Respectfully,
Playacaribe2
Still going hard in the paint...so hard I need a drink of water 🚰
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