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Old 07-17-2022, 02:23 PM
 
Location: Somewhere on the Moon.
10,114 posts, read 14,991,435 times
Reputation: 10403

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I wouldn’t consider the Dominican Republic as it is shown in that list. Among other things, right now the country has one of the largest reserves in its history, to the point that during the pandemic the government was able to offer to the poorest families extra subsidies that soften the effects of the lockdown and its still offering much helps. Despite that, the reserves continue to grow.

In addition, of all the countries in Latin America its the country that has always paid to bond holders and right now is paying the most. Buying Dominican bonds is actually a good investment.

Just this week the Central Bank of the Dominican Republic received a delegation sent by JP Morgan looking to increase further investments in the country’s financial sector. That’s the largest private investor in the world and having an economy with a sound base and outperforming most other economies in Latin America tends to attract these things.

Investment bank J.P. Morgan interested in expanding business in DR

Right now the Dominican Republic attracts more than half of all the foreign direct investment in the Caribbean. A few decades ago it was one of the world’s most isolated and with hardly any foreign direct investment. Food for thought.

Production Transformation Policy Review of the Dominican Republic : Preserving Growth, Achieving Resilience

Last edited by AntonioR; 07-17-2022 at 02:32 PM..
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Old 07-17-2022, 02:41 PM
 
Location: San Diego CA
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The bigger they are the harder they fall. The slow almost imperceptible fall of the United States. Of course many of the countries mentioned may fall into chaos much sooner and make the headlines. The divisive politics of America and the the creeping division of red states and blue states resulting in the dissolution of America into three distinct independent entities.

The United States of the west and east coast holding much of the population and economic resources. And the independent nation of Middle America, underpopulated, uneducated and driven by radical conservative ideology and religious fundamentalism. A global power shift away from North America to Europe or more ominously Russia and China.
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