www.CostaRicaTicas.com

One man's ceiling is another man's floor...how cliched is that? But seriously, a stronger dollar means fewer US exports and more imports. OTOH, it puts the quietus temporarily on talk of replacing the USD as the world's reserve currency. And if the Chinese quit so strongly holding the value of the Ren Min Be down to keep exports strong...Katie bar the door! Inflation through the roof and a cratering economy. The Euro zone has quite a ways more to fall--Greece is only the worst case, but all the Med countries are economic basket cases and France/Germany can't do all the heavy lifting alone...nor would their citizens stand for it. Whatever their other failures and shortcomings, the UK govt. is looking like genius-class for having stood outside the Euo-zone. Stay tuned--the world's economies will get worse...and maybe so will ours (all those Commercial RE loans coming due in the next 2 years with no money available to roll them over or pay them off).

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"A man accustomed to hear only the echo of his own sentiments, soon bars all the common avenues of delight, and has no part in the general gratification of mankind"--Dr. Johnson
"Amen, brother"-ED

My prediction by summer Italy and Spain economy will be like Greece. England will see 22% inflation. Germany will pull back from the EU with France; the EU will fail. IMF will going down. Too much default on loan's they back.... This is want the Saudi's and all the Middle East has been praying for from a long time.

It is time for the traders to stop the speculation on oil. Send the price back down to $34.00 a barrel so that the focker in the Middle East that is phucking the rest of the world with high fuel cost can go Phuck them selves.

Remember 58% of the price for every gallon of gas goes directly into the Middle East pocket...


JR60

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"THE TRUTH IS' EVERYBODY IS GOING TO HURT YOU. YOU JUST GOTTA FIND THE ONE WORTH SUFFERING FOR"
Robert Nesta Marley

Well-reasoned analysis, Brother JR60...And not to forget that that schmuck in Venezuela is a major player--and the Russians are nobody's best friend.

_________________
"A man accustomed to hear only the echo of his own sentiments, soon bars all the common avenues of delight, and has no part in the general gratification of mankind"--Dr. Johnson
"Amen, brother"-ED

very selfish attitude

I disagree with Brother LH--Brothers ID, Bilko,BangBang57 and other residents may be somewhat self-absorbed (aren't we all?) but to say they are selfish is to say they are causing this rise in the exchange rate. They are merely benefiting from a condition over which they have no control, and knowing a few of these fine Brothers, I'm happy for them. Any pain I'd feel from this rise is temporary; any pain they feel from a fall is real, longer-term and unavoidable.

_________________
"A man accustomed to hear only the echo of his own sentiments, soon bars all the common avenues of delight, and has no part in the general gratification of mankind"--Dr. Johnson
"Amen, brother"-ED

Jazz: My dos centavos...

We are in the middle of a massive debt deflation. Since most debt is denominated in dollars, assets will be sold to raise cash to either retire that debt, service that debt, or take off to Costa Rica after having defaulted on that debt. This will cause all assets (stocks, bonds, gold, oil, real estate) to drop in value and raise the value of dollars. Couple this with the implosion in the Euro and the Chi-coms not wanting to float their currency..the only place, near term (12-24 months) is the greenback.

I think the result of this will be a gringo favorable exchange rate with the Colon over the next few months.

Sux for me cuz I have a LOT of accounts recievable in Euro right now..oh well...
Cheers,
CH

very selfish attitude

and when it went from 582 to 503 in a few months what were we then?

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Pura Vida
Only Irish coffee provides in a single glass all four
essential food groups:
alcohol, caffeine, sugar and fat.
Alex Levine

you broke your 1/3 rule