To: FITZ
In no third world country, can an 18 y/o high school graduate qualify for a credit card. Only in countries where there is the possiblity of access to capitol is credit available, which increases market activity.
Third world countries have stagnant economies, and the rich who reign over them purchase from outside their poor nations.
36 posted on
06/15/2003 4:07:17 PM PDT by
Pukin Dog
(Sans Reproache)
To: Pukin Dog
In a country like Mexico, the rich kids do have access to plenty of capital --and jobs their parents buy them (or use their connections to get for them). You'll see Mexican 16 year olds driving around in Lexus's. More than do here ---there is plenty of money but just a few have it.
37 posted on
06/15/2003 4:08:55 PM PDT by
FITZ
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