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Thread: Dom Rep throws over Taiwan for China after $3-billion deal

  1. #21
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    Re: Dom Rep throws over Taiwan for China after $3-billion deal

    Quote Originally Posted by jose1234 View Post
    Meanwhile back to the Dominican Republic...Economy is Excellent

    Central banker Hector Valdez Albizu, on Wed. said the Dominican economy posted a “robust” growth of 6.4% in the first quarter.
    He said the growth results from the economy’s sustained momentum and the central Bank’s “flexible” measures adopted in mid 2017.
    He said Dominican Republic’s growth has led the Latin American region, “which in the cases of greater expansion don’t exceed 4 percent.”
    Among the “robust sectors the official cited mining with 4.2%, local manufacturing 6.9%, construction 9.3%, retail 8.2%, services 5.3%, energy and water 6%, hotels, bars and restaurants 6.9%.
    “In general terms, the main sectors of the economy have had very strong growth in this quarter and it’s in a certain way, as the Monetary Fund pointed out in its report, that they’re contemplating that the effect of economic liberation was going to be felt more strongly, with greater momentum during the year 2018,” Valdez said.

    So that's where all those old Sosua ho's wind up after their stomachs get flabby, their tits sag, and their hips can no longer shake and sway to the music like they once could.

    Maybe they actually found real, honest to goodness, employment.

    Bravo to the DomRep economy. Danillo for Life!

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  3. #22
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    Re: Dom Rep throws over Taiwan for China after $3-billion deal

    Quote Originally Posted by Mr. Smooth View Post
    So that's where all those old Sosua ho's wind up after their stomachs get flabby, their tits sag, and their hips can no longer shake and sway to the music like they once could.

    Maybe they actually found real, honest to goodness, employment.

    Bravo to the DomRep economy. Danillo for Life!
    The GDP is bolstered by new debt and the country's GDP is 62% tourism dependent. One sneeze and the whole economy washes away into the Caribbean.

    With 42% of its population living under the poverty level, all that "growth" is just a parlor game using numbers.

    Like numbers? The CIA World Fact Book is full of them:


    Beer is proof that God loves us and wants us to be happy.
    - Benjamin Franklin

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