Economic Crisis of 2008 and the Expat

I’ve been pretty confused about the economic crisis that has been playing out over the last two weeks.  I had my doubts that it was real at all.  I’m not a very trusting person and that is heightened during an election year.  But I was wrong, the crisis is real.   I don’t think it is matter of averting the hard times completely but of lessening the blow.

I think that the expat with a pension or a large amount of US dollars in the bank, we will make out rather well.  I don’t claim to be an expert though and there are likely many factors out there that I don’t fully understand.

I wrote a more extensive article on my Philippine expat site.  Check it out here.

Tagged with: Expat Finances • Presidential Election 2008

Filed under: Expat Finances • US Politics

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