I just finished
listening to the interview and found it quite interesting from the standpoint of what we can expect from Leonel in the future.
I might add that his comments about the DR-CAFTA agreement were optimistic. He obviously shares my opinion that this agreement will be of great benefit to the DR as well as the entire Caribbean in the long run due to the improvement of atmosphere in the foreign investment arena.
His comments as to the "belt tightening" necessary were very much to the point.
If he is able to re-negotiate repayment of the many loans incurred by the Mejia Administration, re-gain a modicum of trust from potential investors, decrease the public payroll, and create the transparancy necessary in the banking industry, I think we can expect a very rapid (under 2 years) turnaround in the economy and reach the previous prosperity enjoyed at the time Mejia took over.
The thing all of us who posess dollars should do now is spend those dollars, instead of hanging onto them and contribute to the recovery. It will be to our advantage to do so.
We all know that the best way to stimulate an economy is to pump money into it.
Texas Bill
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