Re-Opening : Is an Economic Tsunami coming ?

Mm530

Member
Dec 28, 2014
163
6
18
as many countries are planning their reopening of businesses, How do you think Dominican republic and Santa Domingo will adhere to the new rules?

How long until tourism returns to pre-Covid 🦠levels ? 💉

Many stores in the EU will never return sue to the loss, I can only imagine in DR
 

windeguy

Well-known member
Jul 10, 2004
32,287
885
113
I do wish I could predict the future. I suspect almost everyone else does as well. I will see what happens.
 

Russell

Well-known member
Jun 17, 2017
770
80
48
There is no hard and historic data to predict any kind of recovery.
All is speculative and subjective at best......... whatever happens will be the data future generations will use to support their hypothesis.

However whatever does happen in DR will be unique to DR and not a cookie cut plan from any other country.
First we need a local economy to increase in value including exports.
Then we need investors to consider DR as a good place to manufacture products in Tax Free zones. That means a blitz of visits to foreign Countries promoting DR .... it can be done!
For the next foreseeable future the Agriculture industry must expand....people have to eat, Rich or Poor.
Small farms should be encouraged to produce for the local consumption...not all the same thing.... but diversified products. This will take organization ....but.. quite doable.

DR should not peg its future on Tourism!
Tourism must become a Secondary Industry , not all the eggs in one basket.
Strong Micro Economics , will lead to a good base for Marco Economics....
Then Tourism becomes the bonus and not the end all ....
Not a simple solution , but quite doable, with Government,Organizations and Citizens working together it is very achievable.

Just so you understand I have worked in several 3rd and 4th World conditions and have seen tremendous turnaround from poverty to prosperity... there is a way!

This is my opinion, only and I have no intention to take this to debate... since this is once again quite ''subjective''...
If you have a plan then please post it.

Russell
 

bob saunders

Well-known member
Jan 1, 2002
27,517
1,105
113
dr1.com
There is no hard and historic data to predict any kind of recovery.
All is speculative and subjective at best......... whatever happens will be the data future generations will use to support their hypothesis.

However whatever does happen in DR will be unique to DR and not a cookie cut plan from any other country.
First we need a local economy to increase in value including exports.
Then we need investors to consider DR as a good place to manufacture products in Tax Free zones. That means a blitz of visits to foreign Countries promoting DR .... it can be done!
For the next foreseeable future the Agriculture industry must expand....people have to eat, Rich or Poor.
Small farms should be encouraged to produce for the local consumption...not all the same thing.... but diversified products. This will take organization ....but.. quite doable.

DR should not peg its future on Tourism!
Tourism must become a Secondary Industry , not all the eggs in one basket.
Strong Micro Economics , will lead to a good base for Marco Economics....
Then Tourism becomes the bonus and not the end all ....
Not a simple solution , but quite doable, with Government,Organizations and Citizens working together it is very achievable.

Just so you understand I have worked in several 3rd and 4th World conditions and have seen tremendous turnaround from poverty to prosperity... there is a way!

This is my opinion, only and I have no intention to take this to debate... since this is once again quite ''subjective''...
If you have a plan then please post it.

Russell
And with Trump...etc trying to move out of China, the DR is much closer and much easier to control.
 

John Boyter

www.johnboyter.com
Jun 10, 2008
1,194
260
83
johnboyter.com
There is no hard and historic data to predict any kind of recovery.
All is speculative and subjective at best......... whatever happens will be the data future generations will use to support their hypothesis.

However whatever does happen in DR will be unique to DR and not a cookie cut plan from any other country.
First we need a local economy to increase in value including exports.
Then we need investors to consider DR as a good place to manufacture products in Tax Free zones. That means a blitz of visits to foreign Countries promoting DR .... it can be done!
For the next foreseeable future the Agriculture industry must expand....people have to eat, Rich or Poor.
Small farms should be encouraged to produce for the local consumption...not all the same thing.... but diversified products. This will take organization ....but.. quite doable.

DR should not peg its future on Tourism!
Tourism must become a Secondary Industry , not all the eggs in one basket.
Strong Micro Economics , will lead to a good base for Marco Economics....
Then Tourism becomes the bonus and not the end all ....
Not a simple solution , but quite doable, with Government,Organizations and Citizens working together it is very achievable.

Just so you understand I have worked in several 3rd and 4th World conditions and have seen tremendous turnaround from poverty to prosperity... there is a way!

This is my opinion, only and I have no intention to take this to debate... since this is once again quite ''subjective''...
If you have a plan then please post it.

Russell
Excellent
 

caribmike

Well-known member
Jul 9, 2009
6,644
104
63
Well, with almost :))) 2 little ones we will give it 2 years more to see if something in the right direction will happen (and some things come to the DR instead of China) to estimate if we stay or at last will go to Germany for better education and future for our children.

I am not very optimistic though, even if something will come to the DR, at the end "the same as always who will profit from it" will still do the same old BS with the people, keeping them dumb and making just enough to survive and buy their Brugal and Presidente while as usual the same inbred class is getting the high paid positions, the profit and etcetera etcetera.

So, 18 -24 months, if nothing appears on the Horizon, Germany, we come (Never thought that day will come but here we go). Next stop, Lake Constance. :)
 
  • Like
Reactions: Russell and DonDimi

Mm530

Member
Dec 28, 2014
163
6
18
What changes do you notice in your day to day life ???

With a country so crowded ( cities) how will they enforce 6ft distancing ????
 

Russell

Well-known member
Jun 17, 2017
770
80
48
Well, with almost :))) 2 little ones we will give it 2 years more to see if something in the right direction will happen (and some things come to the DR instead of China) to estimate if we stay or at last will go to Germany for better education and future for our children.

I am not very optimistic though, even if something will come to the DR, at the end "the same as always who will profit from it" will still do the same old BS with the people, keeping them dumb and making just enough to survive and buy their Brugal and Presidente while as usual the same inbred class is getting the high paid positions, the profit and etcetera etcetera.

So, 18 -24 months, if nothing appears on the Horizon, Germany, we come (Never thought that day will come but here we go). Next stop, Lake Constance. :)
Caribmike, there will always be the wealthy privileged at the end of the day. However, if this next couple of years is one of reconstruction of micro economies then there will be a stronger and larger middle-class demographic Target Population Description (TPD).... those are the people who earn and spend their money for their lifestyle.... They also own most of the small business enterprises... which in Canada and USA are the measure of a strong economy.
Having stated that, I cannot in good conscience argue your plan.... had it not been so difficult to move my Dominican Family to Canada I would have done so already...... education was my first concern, then the micro economy of where I live in Nova Scotia is very vibrant and fluid. But that is another thread.
I hope things do get better and that it all comes together ; but as positive as that seems , I may be wishing too hard for the best possible scenario.
Best of luck with your decisions.
 
  • Like
Reactions: caribmike

drstock

Well-known member
Oct 29, 2010
2,537
151
63
Cabarete
What changes do you notice in your day to day life ???

With a country so crowded ( cities) how will they enforce 6ft distancing ????
Life has gone back to the way it was before, more or less. The main things that are not functioning are beaches, bars and restaurants, so daily working life is pretty much back to normal except for those people who work in and make use of those things.

Social distancing is not enforced in the streets, but is in places like banks, utility offices etc. Masks continue to be worn by most people in public where I live.
 
  • Like
Reactions: Russell

CristoRey

Well-known member
Apr 1, 2014
4,827
765
113
With poor leadership, I expect a
very slow recovery. I just read an
article in Dominican Today earlier
this week high lighting the lack of a definitive protocols for secondary "tourist related" businesses to follow upon reopening.
 
  • Like
Reactions: Russell

Russell

Well-known member
Jun 17, 2017
770
80
48
Other than fewer people in the streets , more with masks , there is an air of complacency about the place.
Expats have yet to surface in public but based upon social media seem to be fairing quite well.
The small MSE's are not yet selling clothing.... although unless leniency from landlords ; may have to shut down as they are not big revenue gatherers.
I bought a small chest freezer the other day for $13,400.ooDOP , it was a good deal and the Merchant seemed thrilled to sell something.
I hope folks come out of this with the arses still in their pants.
No doubt there will be casualties, there always are.
I took the time to hire the plumber for a day to upgrade things here.
Then installed two more A/C units for family bedrooms; as it is getting seemingly more warm than usual..... or that may be a phenomena as well
My life really has not changed too much; being a bit of a loner......
But, I am more anxious about visiting Canada in the not too distant future... not sure what that is all about.!!!

Oh well!
We trudge on with our lot in life.
 

ROLLOUT

Active member
Jan 30, 2012
2,182
18
38
i see pics/vids on the ex gf wassap........partying in the streets with their bugal and apple juice, sucking hokahs like theres no tomorrow. Masks???? We dont need no stinkin masks.
 

Caonabo

PMURT 2020
Sep 27, 2017
4,982
1,087
113
i see pics/vids on the ex gf wassap........partying in the streets with their bugal and apple juice, sucking hokahs like theres no tomorrow. Masks???? We dont need no stinkin masks.
Silent stalker?