|Costa Rican frog|
Forget about any "official", i.e. doctored, inflation figures in the low single digits. In reality, prices rise like mad worldwide.
Leafing through the two latest print issues of Costa Ricas expat weekly Tico Times I stumbled about this ad posted in the January 28 edition.
That has changed dramatically. Only a week later the same service is offered for
Sure, you can "save" a lot elsewhere. Thanks to the US recession, property prices are tumbling anywhere between 50% and 90% of the original offer and this blogger has the strong but yet unconfirmed impression that the smaller discounts happen on a monthly basis. So don't pay
February is the high season in Costa Rica. You would not notice on the tourist beaches where the shutters now go down long before midnight at all watering holes for a simple reason: There are almost no tourists here.
This must be a result of that great re-lol-covery that obviously keeps Americans so busy at home. In case you think I may be right, tell your central bank and the financial industry who think that we are currently only going through an economic trough.
No, we are not! This is just the beginning of the end of the longest and most exuberant credit cycle in history and the hard times have only begun.