Ipso Facto… “a certain effect is a direct consequence of the action in question” Inflation is a direct consequence of years of monetary expansion.
Or…I-p-s-o F-a-c-t-o…Inflation Problems Stop Our Feeling Any Charity Towards Others
Inflation destroys society and the social agreement we call money…especially for those who are old.
This creates and enormous opportunity by helping those who retire enjoy lower costs living…in retirement homes.
This can be done in a number of ways. One is to create and run retirement programs in low cost living countries such as Ecuador .
We wrote about this type of opportunity last October. See https://www.garyascott.com/2007/10/04/1832.html
One reader replied to this article and wrote: “ Gary , there is also a brand new nursing home community being developed right outside Quito in Cumbaya/Tumbaco area..it is right across from the newly opened “Hospital del valle” developed by the San Francisco university together with the Wright family (Supermaxi, etc.)..very nice facilities and reasonable prices..just to let you know..”
A recent article entitled “Seniors head south to Mexican nursing homes” by Chris Hawley, then popped up in USA TODAY. This article said: “After Jean Douglas turned 70, she realized she couldn’t take care of herself anymore. Her knees were giving out, and winters in Bandon , Ore. , were getting harder to bear alone. Douglas was shocked by the high cost and impersonal care at assisted-living facilities near her home. After searching the Internet for other options, she joined a small but steadily growing number of Americans who are moving across the border to nursing homes in Mexico , where the sun is bright and the living is cheap. For $1,300 a month — a quarter of what an average nursing home costs in Oregon — Douglas gets a studio apartment, three meals a day, laundry and cleaning service, and 24-hour care from an attentive staff, many of whom speak English. She wakes up every morning next to a glimmering mountain lake, and the average annual high temperature is a toasty 79 degrees. “It is paradise,” says Douglas , 74. “If you need help living or coping, this is the place to be. I don’t know that there is such a thing back (in the USA ), and certainly not for this amount of money.” As millions of baby boomers reach retirement age and U.S. health care costs soar, Mexican nursing home managers expect more American seniors to head south in coming years. Developers of “independent living” facilities for seniors are also beginning to look to Mexico . A Spanish-U.S. venture is building Sensara Vallarta, a 250-unit condominium complex aimed at Americans 50 and older in the Pacific Coast resort of Puerto Vallarta . And in the northern city of Monterrey , El Legado is marketing itself as a “home resort” for seniors. Mexico ‘s proximity to the USA , low labor costs and warm climate make it attractive, although residents caution that quality of care varies greatly in an industry that is just getting off the ground here.”
Much lower real estate, building and labor costs in Mexico make this an obvious place to offer assisted living facilities.
Until next message may all your global opportunities lead ipso facto…to good.
There is another way to assist people that are retired as one of our delegates Shyamsunder Tripathi recently wrote about a group of delegates who visited an old folks home in our village of Cotacachi . Shyam worte:
“My name is Shyamsunder Tripathi. I am here with my wife Pramila for one month visiting this beautiful country and assessing if I’d like to retire here. What we’d like to do is give back to society and so apart from teaching English to local children in Cotacachi we are also visiting to different places in the community.
Through Micky Enright, another guest here at El Meson, and Doctor Vaca we were able to visit the local nursing home for the elderly. In Cotacachi, people, well especially the women, seem to be very long-lived. Many of the residents at the home are more than 90 years old. They are looked after by a group of nuns who work voluntarily and apart from a small monthly pension that the residents pay every month the rest of the costs are met from donations by the local Cotacacheñans.
Here is the group getting ready to visit.
They took the residents stuffed animals that were a hit.
And danced with them to La Bamba
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