by Jane | Jul 16, 2015 | Offshore News
The International Monetary Fund (IMF) is abandoning ship. An IMF memo dated July 15, 2015 describes the situation vis-a-vis the euro in Greece as unsustainable and lays out three possible scenarios, all of which include massive debt forgiveness, and all of which will...
by Jane | Jul 16, 2015 | Offshore News
You may have noted that the cheers coming from Europe over the new Greek bailout deal are rather … uh … muted. The reason is simple: the new deal is not the climax of the crisis. It simply means the climax has been pushed into the future. Greece and the...
by Jane | Jul 16, 2015 | Offshore News
My source in Madrid is as emphatic as ever. If your money is tied up in the Eurozone, your money is in trouble. During this last weekend’s referendum, voters in Greece voted to “No” to the bailout package offered (or rather “coerced”) by...
by Jane | Jul 16, 2015 | Offshore News
Meet the New Boss, Same as the Old Boss. If you start hearing “Greek government” and “IOUs” in the same sentence, this means the euro in Greece is effectively dead or on life support, and that those IOUs are in effect a new currency, or...
by Jane | Jul 10, 2015 | Belize Retirement
I want to share a few interesting points from a recent article by the Huffington Post. You might already know that Belize is a melting pot, with no ethnic majority and influences from many cultures. You might not know that one culture that has shaped Belize for...
