Monday, February 26, 2018

How America Ruined its Savings and Loans - and the American Economy also

Delanceyplace

I had to read this twice, to begin to understand it. High Finance is far away, from where I live on my Social Security retirement, in Costa Rica.

Americans did not think much about their economy - but that is now the first thing on their minds - and on the minds of Real Estate developers in Costa Rica. Whole sections of the country are now up for sale.

And the little town where I live - is building, or renovating everywhere. Coffee fields are rapidly being converted into subdivisions, containing hundreds of the tiny homes that Ticos can afford.

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