Recession Blues Cure
I just stumbled on an article over at CNN’s Money section that says that Costa Rica is the place to go right now. The dollar goes a long way. Check it out.
Its hard to say what the effect is going to be on Costa Rica, but the global economic conditions might actually stimulate things around here a little bit. I’m not making any projections. In fact, I’d like to defer to the response that I see the TV commentator using quite a lot: “we’ll see”.
The dollar is currently worth about 560 colones here. The expats in the country are feeling some relief from this exchange rate.