Saturday, January 23, 2016

Latin America Coughs, Miami Gets A Cold

Here's globalization for you. The Chinese economy slows down-->commodity prices drop-->Latin American economies contract -->rich Latin Americans have less disposable income-->Miami Dade unemployment rises.

I'm guessing Venezuelans and Brazilians in particular aren't throwing around dollars the way they used to. I'm not sure how easy that it is to track.


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