Opportunities in times of crisis
The decline in share prices of the main financial companies in the United States is opening new alternatives for investment, writes Agustina Cobas in the San Jose, Costa Rica daily La República.
Monday, June 16, 2008
It's said that every cloud has a silver lining, she continues. This could be applied to the situation in American stock markets, where the main players in the finance sector have seen their shares plummet.
Business tips to get through the crisis and even take advantage of the opportunities that arise in complicated times.
Will the economy die? Not necessarily. This is a moment of change, and with change comes new opportunities.
A comparison between the crisis in the United States in 1929 and the one occurring now in Greece clearly shows that the sooner the costs of an exit from the crisis are assumed, the less time will be spent suffering from the measures taken to overcome it.
The reduction in costs due to the economic crisis has increased the opportunities for investment in the tourism sector.
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