Quote:
Originally Posted by gibbie99
Hawaii is somewhat closely tied to the economy of other asian countries. ie Japan; because most of their dollars are in tourism. I haven't been back in a while but my understanding is things haven't changed much in the decade since I left. Hawaii will be perputually heavily depedant on a boom economy that brings plenty of people with plenty of money to spend. I never heard the notion that they are 6 months behind the mainland. I dont think world commerce is like fashion in that sense
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Hawaii's economy, like that of the Caribbean, is dependent upon tourism and I can assure you that the 6-18 months lag in the economy behind a downfall in the US is a reality and I stand by my short but concise earlier post in this regard.