The world is going through a major recession. In Panama, the rate of economic growth has slowed. The foreclosure rates in the United States are staggering. In Panama, the high end of the real estate market is in pause mode waiting for next year.
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Panama’s Thriving Middle Class Insures Long term Stability for Retirees
One of the surest signs of a healthy economy is a growing middle class. Panama’s economic revolution has targeted this important segment of its citizenry and the results of this effort are impressive.
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Germany and Spain, as well as other countries, have implemented laws that encourage the production of energy from renewable resources. Panama is taking its first steps towards alternative ‘green’ energy. Renewable energy benefits the environment and reduces carbon dioxide (CO2) emissions. Most of Panama’s energy is produced from petroleum (85.4%), but future use of sources [...]
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