What happens without Bailouts
Jun 23rd, 2010 by Wes
The impact of the financial crisis on Nicaragua has been steep and deep. They do not have a "bailout" program. Any business, any developer, or any individual who was not operating with integrity or financial stability became exposed to the elements. The Pelican Eyes resort in San Juan Del Sur is a prime example of this. The tide came into Nicaragua and quickly exposed those who were vulnerable.
The clean up efforts and stabilization of the tourism sector and land development are starting to occur. This is a great article explaining the current stage the economy is experiencing. This puts investors in an excellent position to take advantage of the good things coming to Nicaragua in the next few years.
