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Thread: Recession of 2008 and impact on the DR

  1. #4881
    No fui yo!
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    Certainly there is no recession now - Lowest Unemployment in 48 years ! - jobs for everyone who is looking for one.

    https://www.marketwatch.com/story/wh...969-2018-04-26

  2. #4882
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    Quote Originally Posted by playacaribe2 View Post
    You. Are correct.....and you should have stopped after your first sentence

    But, the DR cannot have it both ways.

    I pointed out the fallacy of the statement “good for the environment” by suggesting the sources of where that power will/may be derived from.....coal.

    Nothing more/nothing less.

    Anything after your first sentence is irrelevant to the matter at hand, has no DR content.....and merely highlights your real agenda.

    Respectfully,
    Playacaribe2 




    .
    Those that keep pushing Global Warming will be embarrassed in 10 years when cooling actually hits full force

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  4. #4883
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    Quote Originally Posted by the gorgon View Post
    you need to stay with us awhile sometimes...we could all use your very sobering and erudite analysis on a continuing basis.
    Thanks, buddy. I'm answering a year late but better late than never. Pichardo can point to the product of massive global central bank intervention and claim victory. In his book, the ends will always justify the means. So, if adversely tinkering the global economy via interest rate manipulation gets the job done, then so be it. If you get brand new buildings, Porsche dealerships, a Marriott here and there, then the job has been done correctly.

    His analysis is only skin deep barely looking beyond. There's no depth there. Like minded folks will love his dog and pony show. They see the surface and are satisfied. Substance is not their plate. Those of us who seek depth look beyond the surface and see if the foundation is solid. If it is not, we question the stability of what appears to be solid. We ask question like: Can it last? What is holding this up? Are there social, economical, historical precedents which have shown similar surface structures yet the underlying foundation is rotted?

    We ask sustainability questions. We ask consequential questions? "If this, then what if that" lines of reasoning pervade our thoughts. It stems from a desire to get to the bottom of things. It also shows up in our frustration with Pichardo groupthink tactics. These suppress critical thought by appealing to the masses via circus displays of progress.We try to get the message out but when we go up against pretty pictures of shiny new buildings, our contrarian viewpoint usually falls on deaf ears.

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  6. #4884
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    Quote Originally Posted by JasonD View Post
    What a foolish statement. Most visas issued come due to relatives and family relations not because of such good economy standing as you blindness pretends to zero-in.
    Actually, the number of tourist visas has increased dramatically compared to five or 10 years ago. Also, the profile for certain professions, for example, teachers ,nurses, has improved since they are paid better now and have more benefits.

  7. #4885
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    Quote Originally Posted by Aguaita29 View Post
    Actually, the number of tourist visas has increased dramatically compared to five or 10 years ago. Also, the profile for certain professions, for example, teachers ,nurses, has improved since they are paid better now and have more benefits.
    True. The number of non-immigrant visas (tourist/business) had been steadily increasing and peaked in 2017.

    However, the number of non-immigrant visas issued has declined by approximately 25% since that time.

    https://travel.state.gov/content/tra...fice-2018.html


    Respectfully,
    Playacaribe2

  8. #4886
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    Quote Originally Posted by playacaribe2 View Post
    True. The number of non-immigrant visas (tourist/business) had been steadily increasing and peaked in 2017.

    However, the number of non-immigrant visas issued has declined by approximately 25% since that time.

    https://travel.state.gov/content/tra...fice-2018.html


    Respectfully,
    Playacaribe2
    That's true, but still considerable compared to 10 or even 5 years ago.

  9. #4887
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    Those that said the DR peso would never reach 50 but insisted that it would return to PLD levels of sustainability . We were right and you we were wrong. Next stop 75 to 1.

  10. #4888
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    The recession of 2008 had an impact on the world economy for about seven years. It is now 2019. If economists are trying to figure out why the Domincan economy is still hurting they need to look elsewhere

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