More Questions
Is the price of oil really going up so much; or is it just reacting to the drop in the dollar? How long before the oil producers get fed up and switch to the Euro? Does it matter? It seems that oil producing nations should be awash in cash. They should be using their new found wealth to bolster education, promote non-commodities based industries and provide for the general welfare of their citizens. Fat chance.
Look at Venezuela. The Bolivar is going down the toilet like a super-flush. Chavez’s “Bolivarian revolution” uses revolution in the sense of the word that means “to revolve”. They are headed back for the old “banana republic” days. How long can he last? Is this a market landmark? Is the time right to buy in Venezuela? Will someone who knows respond? That is of course, if anyone actually reads this blog.
The news for the last few days reminds me of the old Chinese curse: “May you live in interesting times.” These are definitely interesting times. I am interested in benefiting from the changes. How?David Segrest is a REALTOR in Charlotte NC. His website is http://www.segrestrealty.com His email is david@segrestrealty.com
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