Original Publication Date: 3 March 2014
Proponents of abolishing hibernation in The Park may discover they have a new friend in their corner: the latest figures released by The Park Finance Office and The Park Association of Shops and Services (PASS).
How can we expect the economy to function properly when a significant portion of our citizens exist in a state of torpor in both the Winter and Summer seasons? — Xavier Dingo, A. Corn and Partners
The most recent reports show significant fourth quarter gains in all sectors of The Park’s economy, but particularly in the retail and construction sectors. While these gains were predicted by most analysts and are believed to be a result of 2013’s extended pre-hibernation period, there are some who feel these figures highlight the precariousness of The Park’s economy during the periods of hibernation and estivation.
“How can we expect the economy to function properly when a significant portion of our citizens exist in a state of torpor in both the Winter and Summer seasons?” asked Xavier Dingo, chief financial analyst at A. Corn and Partners, at a recent economic forum.
Dingo has never publicly suggested that hibernation should be abolished, perhaps because his company offers specialized financial services to The Park’s large hibernation and estivation communities. But at the recent forum, he was forthright in his reservations about continuing with the status quo.
“Our economy has stagnated for the past few years and, eventually, The Park will have to face up to its unique problems. We are not singling out any group, but our economic challenges here [in The Park] have become significant. We need to engage all our citizens in a serious conversation about how best to grow the economy. Otherwise, we will become vulnerable to forces that do not have our best interests at heart,” he said.