Notes from the Ground: The United States

Focus on Florida

If you walk the streets of Naples, Florida, your first impression is likely to be about the extreme wealth of the area.

And you would not be wrong. Naples has sixth highest per capita income in the United States and the second highest proportion of millionaires per capita. Safe to say, it should be fairly insulated from the current economic crisis and dilemmas plaguing most of the globe. However, Florida finds itself as an epicentre of major debates concerning if, what and where to invest when it comes to the US. Inflation issues It is hard to discuss the economic and investment case for anywhere in the world without broaching inflation, and the US is no exception. Speaking to service worker...