- By Bogota Brilliance -

It is important to note that any earnings that manage to enter the hermetically protected Colombian banking system from the illicit narcotics trade does not even amount to 1% of the national GDP.
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Americas' puppet game
Moreover, the funds that the US contributes under Plan Colombia
to help Colombia’s fight its war against drug trafficking does not even constitute 4% of Colombia’s defense budget, an expensive cost that Colombian taxpayers have had to bear the brunt of – for the world!

Colombia is not as poor or underdeveloped as some people may believe it is. It has been an oil-exporting nation for a very long time, with new exploration projects and oil discoveries and revenues at an all-time high.

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Colombia, world's biggest producer of emeraldsColombia also possesses one of the biggest coal reserves in the world, and the Drummond Corporation is endeavoring to help place Colombia as one of the world’s top exporters.  Additionally, Colombia also posses 90% of the world’s emeralds and possess one of the biggest platinum and gold reserves in the world.

And unbeknownst to many of you who may be unfamiliar with Latin America, Colombia is one of the leading manufacturing nations in the region, producing and exporting very high quality products such as ships, autos, refrigerators, computers and much more all over the world.

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Colombia’s formidable energy infrastructure allows
it to export electricity throughout the region, and very soon, even to the United States!

No less important is the fact that Colombia is also a world leader in fashion design, textile and leather manufacturing, book publishing and paper products.  Moreover, it continues to export the finest coffee in the world, and it now ranks second in the exportation of its beautiful flowers.

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Colombia is the only Latin American nation with a major economy to have always paid its foreign debts, but more importantly, to have never suffered the runaway inflationary spirals that made other nations and their currencies suffer, with repeated and oftentimes severe devaluations.  Aided by some of the most prudent money-management regulations, the Colombian banks and Insurance institutions are amongst the most solid in the world.

In fact, during the recent financial crisis, Colombia was ranked by the World Bank, Merrill Lynch and others, as one on the top 10 economies to be most prepared to survive the current global economic crisis.  This has stimulated much investment to enter the country over the past year.  The Colombian Peso has been the only major currency in the region to offer refuge and stability for over sixty years.  Colombia’s democratic institutions have in fact made its economy survive, if not thrive, despite the many external and internal forces that have challenged its stoic integrity.
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=> More on Colombian Economy in our section Investing in Colombia
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