Thursday, August 14, 2014

Why You Want to Own Real Estate in Uruguay

Take a tip from the one country that has, once again, gone “full basket-case” and whose citizens are flooding into its neighboring country — which presents to us an opportunity in foreign real estate in a stable, democratic nation that even I’d own a home in. Here’s the situation: For the second time in 13 years, Argentina has defaulted on its bonds. Populist President Cristina Fernandez de Kirchner doesn’t believe so. As with so many of Argentina’s maniacal leaders through the years, she lives in a fairytale world in which Argentina thinks it’s a giant-killer when it’s really just a midget with a dream — unrealistic as that dream is. Cristina has been quick to blame the U.S.



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2 comments:

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