Paraguay Holds Rates at 5.50% While British Consumer Confidence Hits Three-Year Low
Paraguay's central bank bravely held its benchmark interest rate steady at 5.50% while miserable UK consumers watched confidence sink to a three-year low over borrowing costs. Back in Baja, these microscopic macroeconomic tragedies of the Anglosphere are met with profound, sun-drenched apathy. An expat named Nigel muttered something about his London pension before dropping into a gorgeous right-hander at San Pedrito and forgetting what a mortgage was. Who cares about British job fears when the fish tacos at the Pemex are hitting just right?