But so far no spade has turned earth.
Usually developments like that are driven by demand. Demand is created by an under-served segment of society. Do we have that here?
Is it a response to an aging baby boomer cohort moving through the economy like a goat moving through an anaconda? Or those pesky millennials facing mid-life crises?
Or is it all a marketing ploy? Fake it till you make it. Perception as reality. Smoke and mirrors.
You know. It’s All Good.
I haven’t noticed a seismic shift in the the things that create consumer demand. In fact, the changes seem to be headed the other way.
Successful capitalists are nimble in the face of changing economic conditions. Newspaper announcements are piecrust promises, and nobody like to lose money. The peso’s fall hurts the touted buying power of the visiting Mexican consumer. Now doesn’t seem like the time to launch big commercial enterprises in El Paso.
But maybe the investors have aces up their sleeves. Maybe they know secrets hidden from the blogerati.
Time will tell.