Travel Argentina And See The Marvel Of The South
Culinary Traditions Of South America Argentina
My Trip to Argentina and My Views
The land of the sun and the good wine
Argentina Where Wine Food Are Marvelous
Chile the country not the food
See incredible places and natural wonders with South America luxury cruise
Bawling Colombia
International Travel Sights To See
Panama Canal Challenge of Connecting Two Oceans of Different Levels
Chilean Wine History and Style
Five Must See Places of South America
Bolivia A Geographic Portrait
Health Information for Travelers to Central America
Should the Independent Tour Accident in Chile From Celebrity Cruise Lines Scare You
ABCs of Adventure Travel
Camino de Santiago
Cheap International Travel Secrets
Do s And Don ts To Keep You Safe If You Travel To Brazil
South America s Yerba Mate Gives All Natural Energy Boost
South American Travel And Destinations
Food and drink what to expect in Costa Rica
Living and Retiring in Bolivia
Worldwide Online Travel Guide Online Booking
Cheap International Plane Tickets
Five Affordable World Travel Destinations
|
|
|
Dominican Republic in Danger of Dictatorship |
by:
Donald Harrison |
This is exactly what was written in the Hoy Newspaper on July 22, 2005...The Dominican Republic is in danger of Dictatorship!
As an American on vacation looking for a retirement spot …I BELIEVE EVERY WORD of It.
I suspect that their Zona Franca has to be suffering terribly as well as tourism with the extremely high prices and unrealistic exchange rate of 28 to 1. The actual value in my opinion should be 100 pesos to 1 dollar. This false value of the exchange rate has to boiling over with a readiness to explode at any minute. With the previous administration there was money in circulation… Dollars and pesos. Now there is just the stare of hunger in the streets. I see skinny poor pregnant ladies walking around in the barrios. It just kills me to see the poverty.
Their wealthy class rides around in great big brand new sport utility vehicles going to their homes in big mansions with mud roads out front of their houses with deep holes in the roads. This boggles my imagination. For 100 bucks per person in each neighborhood they could fix their own streets at least.
Their worthless peso has been revalued apparently to allow the government access to cheap dollars. Prices reflect about 10 cents on the dollar. You trade a dollar at 28 or 29 you purchase goods at 100 pesos to the dollar.
I met one retired Millionaire at the airport and I ask him why he was leaving. He told me that he CAN NOT AFFORD TO LIVE THERE ANY MORE!
Forget retiring in the Dominican Republic until some drastic changes occur. Right now the country is glued together with International Monetary Fund Money which appears to be further destroying the country leaving a starving population. Food is the issue in this country not worthless pesos or dictatorship. I predict heavy striking violence and death.
Needless to say I am out of here!!!! Just a traveling soon to be retired school teacher. Got my eyes set on Argentina where their government had the good sense to devalue and lower prices. This DR President Leonel needs to catch a plane back to New York.
About the Author
I am a school teacher traveling the world looking for the perfect retirement spot.
|
|
|
