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2 comments
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June 5, 2008 at 11:04 pm
Serenity Real Estate
Hello. Who are you guys. Great piece on Nicaragua’s potential. We have the same outlook.
July 13, 2008 at 3:18 pm
Antonio
I am pleased to have recently found your site. My wife, who comes from a well-connected and affluent family in Nica, and I just invested in beach property at Pochomil not far from the protocol house. We are 10+ years from retirement but believe this investment will yield far better returns than the market over the short and long terms - we intent to retire there.
Even more so now, I monitor the political climate there. It appears to me that no one has been able to sustain the growth momentum of Arnoldo; Bolanos simply completed projects initiated by Aleman.
What concerns me about Ortega is the old fable of the scorpian and the toad: the scorpian needs to get to the other side of the pond and asks the toad for a ride. The toads initially refuses out of fear of being stung but is convinced by the scorpian that such would be suicide. The toad agrees and, half-way across the pond, the scorpian stings him. As they sink, the toad asks, “Why did you do that? Now we both will die!” The scorpian simply replies, “I don’t know…it is just my nature.”
We pray Ortega can transcend his spiteful, thug nature, see the benefits of foreign investment, and do right by a country so historically exploited by its own people of power.
And with regard to the global economy, the “Richistanis,” as coined by auther Robert Frank of the Wall Street Journal, will not be affected but rather continue to seek refuge in the beautiful oceanic landscapes such as those belonging to Nicaragua.