ELA DEU UM RELATO IMPRESSIONANTE NO PROGRAMA | Hora do Abate #04

ELA DEU UM RELATO IMPRESSIONANTE NO PROGRAMA | Hora do Abate #04


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The False Economy of the Hospitality Industry in Oaxaca, Mexico

Conspicuous consumption by the middle classes in Oaxaca, Mexico, might suggest a healthy economy. But an examination of those in the hospitality industry, operating restaurants, hotels, guest houses and bed & breakfasts, reveals a false economy which could result in disastrous circumstances if tourism does not improve.

Oversized Consumption and Waste

There is an increase in life stresses to earn money to obtain products and services that are more than we comfortably need. There is also waste and the environment to consider. As concern about nature and our social well-being are becoming more topical each year, many of us are beginning to realize that this frantic consumer anxiety needs to be reigned in.

Is The Economy Ever Going To Get Better?

Experts keep telling us things are going to start to get better but America is waiting to see the results. In April I wrote that it appeared that times were beginning to get a bit easier, but the market has taken a turn for the worse since then. Real Estate values continue to decrease, which is great for new buyers but miserable for those who purchased homes at the peak of the housing boom. Moreover while many companies are starting to see higher gains the rates at which they are hiring are failing to keep up. What gives?

Is Your Money Safe in the New Economy?

It’s happening as we speak. Millions of Americans are losing their jobs and retirement funds. Many have already noticed a drop of 30-40% in their stock portfolios, too. This should be a serious wake-up call for everyone. There are even more big changes coming and it’s good to be prepared. A select few have actually been profiting from the economic collapse. But how, and can we all start to do the same?

High Oil Prices

Most places I go, the conversation somehow moves to oil prices. Before Obama was elected, it was not uncommon to hear, “It’s Bush’s relationship with oil companies and Halliburton – that’s why oil prices are high.” In the 1970’s it was, “Nixon took us off the gold standard and we’re going to have sky high inflation.

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