Post by scumbuster on Aug 30, 2021 19:05:09 GMT -5
Interesting question. I would think exports to the US would be impacted the most. I know the US is Colombia's largest trading partner. Oil prices could fall in a recession with lower demand. That would hurt Colombia. China would almost certainly be sent into recession as the US buys so many products from them. I think its a cascading affect that would eventually hit every country.
Last Edit: Aug 31, 2021 6:54:21 GMT -5 by scumbuster
An Armed Man is a citizen, An Unarmed Man is a subject.
Hmmmm last time I checked the Strata 6 Steak Houses were still serving USDA PRIME Steaks at a premium price. The Ricos just LUV the taste of our Chemically enhanced meat.
ive been trying different steaks here for a while.... while the restaurants get the better cuts before the supermarkets.... i did find two brands that were good... most colombian beef has little flavor because not enough fat and marbling.... one is from the us... Angus beef... little on the expensive side but really good flavor... other is a colombian brand... not as good but the best colombian flavor i have found.... better than most steak houses here.... ill take a photo later and post it.
as for as recession.....the US has been running hot for a while.... even with chinese virus ..... its over due for a serious downturn.... when no idea....but im guessing beginning of 2022..... we will see
If the US economy does fall into recession in 2022, I think it will definitely put the hurt on the Democrats in the mid term elections. Also, if the dollar takes a big hit like it did back in '08/'09, those of us on Social Security better get ready to bend over too.
BTW ... anybody read about how the new "MU" Covid variant is active in SA and especially in Colombia ??
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