Why Colombia as a topic. I was researching who belonged to OPEC as a start, but it produced no countries that I did not expect. But there was Venezuela. I wondered how this could be the only country, besides the United States, in the Americas to produce oil. It turns out that it is not. Along with Venezuela there are Brazil, a true surprise to me, Mexico and Colombia. Colombia made the most sense to me as it shares a long border with Venezuela to its north and east.
I remember many years ago there were advertisements on television about coffee from Colombia. As it turns out Colombia is only second to Brazil in coffee production. Then I looked at who are Colombia’s main trading partners, and it turns out that the United States import more than double of another other country.
My thoughts turned to thinking that Colombians as a whole must be much like Americans in their earning power. But that is just not the case. First, we must look at the Colombian peso. Right now, the inflation rate in Colombia is 13.3%. It is most simply about the demand for products not produced in Colombia far outpaces its exports. The Colombian Peso is in constant fluctuation and of late, its value against America, its biggest trading partner, has fallen dramatically. That means that certain necessities are very expensive. The following table lists the top 8 imports Colombia gets from America.
- Machinery including computers (11.6% of total imports)
- Electrical machinery, equipment (11.1%)
- Vehicles (10.7%)
- Mineral fuels including oil (8.3%)
- Plastics, plastic articles (4.8%)
- Pharmaceuticals (4.4%)
- Organic chemicals (3.8%)
- Cereals (3.4%)
And so, a weak Peso vs the Dollar makes importing these things to Colombia very expensive to Colombians.
Rich people, regardless of where they live, seem to have a certain immunity to things like inflation. That is because buying an automobile, regardless of price, is not at issue to them. But when you consider the average Colombian, if they must have an automobile, it must be the least expensive available.
The median household income in Colombia is $15,812. That is below our poverty line but in Colombia, many goods and services are inexpensive relative to an individual’s income. In 1991 Colombia changed its constitution to include socialized medicine. But then I came across a figure which absolutely floored me. The rate of single mothers in Colombia is 84%! Of course, then I had to look at education levels. Well, that turns out to be 59% of Colombians have completed a secondary education or GED. Compare that to America which is 88%.
What do single mothers do for a living? An article written in Forbes magazine states, “Beyond the challenges the sheer volume of these numbers bring forth to already strained resources, the issue in Colombia is further compounded by the fact that a large majority of these single-parent families are headed by women, and that women represent a disproportionate percentage of the countries poor, a phenomenon commonly labeled as the “Feminization of Poverty”. It is well-documented that lone-mother households are at the highest risk of poverty amongst women due to lack of income. This is further exacerbated by deprivation of capabilities and the gender biases present in both Colombian society and government. The culmination of all these factors in modern day Colombia has resulted in a vicious cycle of emotional, financial and social problems and other stressful life events for both the single mothers and their children.”
Another source took me to what jobs a single mother might take and among them is “sex worker.” I am not just talking about prostitution, the most obvious, but a much less obvious option they take which at the least keeps them off the street, “Cam Girl.” What is that? That is an online industry that has been around a very long time where, mostly men, go to find women, and sometimes men, who will perform various sex acts for them. I found such a site, I will not mention its name, where I was able to chat with a number of women. With one or two exceptions, each was a single mother where the father took no part in support of his child. They had taken the job out of desperation for some sort of an income. One woman in particular, who I will call Julie, recently had to be in the hospital. While she was in the hospital her income went to zero, which brought yet another hardship on she and her son. And as it turns out, such incidents are not uncommon at all. Even worse for them, when people find out what they do, they are ostracized by their community and God forbid their family should find out. They stand the stark possibility of being thrown out of the only housing they have.
American commerce is entwined with that of Colombia, but it seems to me that American investors would do well to invest in Colombia where labor is cheap and readily available. American venture capitalists would not only find it a good investment, but in turn, the people of Colombia would have a chance of lifting themselves out of poverty and those women working in the sex business would have other options.




