Looking at Puerto Vallarta Jalisco maybe five miles south.

On this blogger site one can click on all pictures except for the header above two times each time making them larger which is a feature I like because it gives you the ability to really look very close at all kinds of things not readily seen.

Monday, February 25, 2013

Just Saying

Here in Costa Rica wages are not high with two bucks an hour being somewhat the norm. It seemed odd that people didn't make much but everyone was spending it.

I spoke to an expat who has been coming here for some ten years who told me about how things had changed during that time and particularly in the last four or five. It's simple - credit cards. Even granny the 90 year old matriarch of the Tican family he's been staying with most of the time was solicited no questions asked with a card and a 3,000,000 line of credit ($6000).

A day or two after that conversation this piece came out in the ticotimes.net.

Are Ticos getting hooked on credit cards?

After asking some more questions the answer is most certainly yes. The banks are flooding this country with credit. Credit Costa Rican's have never had before.

It's unfortunate and when the bill comes due for many it will not be a good day.

Just saying!


  1. I so don't believe in credit...and the day of 'due' for everyone is not far off!

    *♥´¨) ¸.-´¸.-♥´¨) ¸.-♥¨) (¸.-´ (¸.-` ♥♥´¨

  2. I didn't include it in the post as this place stays away from that but I think it's very wrong and I agree with your comment.


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