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remax's blog

RE/MAX OCEAN SURF & SUN IS NOW THE EXCLUSIVE SALES AGENT FOR RANCHO VILLA REAL

Clubhouse at Rancho Villa Real in Costa Rica

Debt per capita in Costa Rica

The debt per capita in Costa Rica is very low, with US$ 7,200/citzen. "Per capita" numbers are always a great way to compare different economies from around the world. If every citizen in a country suddenly became liable for paying an equal share of the national debt, there would be serious problems, especially when an individual’s portion of the national debt is more than an entire year’s salary. As you will see on the chart below, there's SERIOUS issues in North America, Europe and Asia.

Stocks vs real estate

With stock market indices hitting new all-time highs almost daily throughout 2017, and the economy (average 2% GDP growth since the Great Recession of 2008) performing not much above stall speed, a severe stock market crash and a major recession are in the cards. How did we get there, we ask ourselves?

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