Strafor Analysis for Ecuador

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crowdpub Active member

Member since 26 September 2010

crowdpubActive member10 December 2015 21:29:21

A must read for all and potential expats. Strafor is a private intelligence group based in the states that provides intelligence of all types of topics. I mentioned last week in a post somewhere that some professionals are predicting oil to go to 20 dollars a barrel. This Strafor reports addresses the issue of lower prices and the impact it could have on Ecuador. It clearly appears that if the prices go lower that Ecuador will have to cut the budget even more than it has. This could result in further protests. It also says if that is the case, the next President will have difficulty retaining constituents' loyalty by social programs and in my opinion continued growth of jobs via govt. positions. This is a good read and in my opinion accurate in terms of what lays ahead for Ecuador in the foreseeable future economically. Strafor Analysis for Ecuador

James-Esq Contributor

Member since 22 August 2013

James-EsqContributor11 December 2015 00:25:30

127

A teaser exec-sum from Stratfor. You could pretty well search-and-replace the word 'Ecuador' with the word 'Canada', and republish the article. A headline from an article posted on Zerohedge yesterday reads: " The Global Economic Reset Has Begun."

It's global. If you are sailing into a storm, what is it you do? Batten down the hatches, secure all lines, and prepare for the worst.

mugtech ViP

Member since 08 September 2012

mugtechViP11 December 2015 10:56:14

4451

Saw today oil at $36/barrel, projected to stay that low through 2016 as OPEC continues to flood the market. Tuff for Ecuador, could totally destroy inflation ridden Venezuela, with repercussions in Ecuador. Gonna be a long year.

gazza68 Member

Member since 16 September 2015

gazza68Member11 December 2015 12:39:44

So, I just finished a 2 week tour of most of the country. I'm looking at retirement there by June 2016 (pensioners visa)....what,if any, will Ecuadors economy have on us expats?

j600rr Serial expat

Member since 14 July 2013

j600rrSerial expat11 December 2015 15:37:25

579

mugtech wrote:
Saw today oil at $36/barrel, projected to stay that low through 2016 as OPEC continues to flood the market. Tuff for Ecuador, could totally destroy inflation ridden Venezuela, with repercussions in Ecuador. Gonna be a long year.

It's crazy, no? That oil prices have fallen is no surprise. That has been talked about for the last year or two on different threads here, but that it just remains in such a free fall. Will hit a certain low, stabilize a bit, and go on a little upswing. Just when you think it's turning around it goes in a free fall again. Once thought there was no way we'd see $20 barrel prices that some have said, but who knows? That might be a very real possibility.

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