Yes we do.Texas Bill said:That's what the Central Bank claims, Nals, but we both know about "inventive bookkeeping", now don't we??
The DR still has an overwhelming debt load to amortize. And the price of oil is going to slow down it's ability to repay that debt unless the Government gets it's act together and produces a competent Government, void of the abject corruption of the past.
Texas Bill
But, let's quickly analyze this in the possible realities these "bookkeeping" practices are meant to do:
1. If bookkeeping is correct, then it will help increase foreign investment, which bolsters the availability of jobs, creates relative wealth, increases economic activity, so on and so forth.
2. If bookkeeping is misleading, it will help increase foreign investment, availability of jobs, creates relative wealth, and increases economic activity, thus becoming a self fullfilled prophecy. Of course, imminent collapse will only happen if the bookkeeping is misleading and its leaked into the public that it is misleading, otherwise it will have the same effect as correct bookkeeping.
The basic emphasis of any government is to create as many jobs as possible, increases the general wealth of the country, increase the economic activities. Whether through accurate representation of current affairs or the creation of self fulfilling prophecies, the end will be more or less the same.
3. If a government wants to increase aid (for corrupt reasons perhaps), then all it will need to do is falsify negative economic information. Making a country seem worst than it actually is should increase the amount of aid it receives from abroad, such aid first filters down the many hands in government before it reaches the masses, if ever.
And finally, 4. If we were to look at all data as false information, then why would we bother keeping records of all this data? Why would CIA make country studies? Why would the WTO, World Bank, IMF, Interamerican Bank, etc keep record of the progress of countries?
If it's all simply lies, why bother? These are rhetorical questions, although if anyone has an answer, be my guess...
But, what we have is official data and we must make our judgement by what it states, because all the leaders of the world are doing such and they are the one's who make or break the daily lives of the billions alive today and those who will be born in the future.
If the people who have the collective fate of humanity within their hands make decisions based on official data, why would anyone else who does not has the fate of humanity within their power do otherwise?
-NALs