Belize Offshore Bank Accounts – Part II

Belize Offshore Bank Accounts – Part II

Belize offers many types of cost-effective, tax-exempt offshore bank accounts. Judging by a number of recent calls to my office, there is some confusion about the various offshore banking options available. This is Part II of a brief discussion about individual Belize...
The International Monetary Fund Throws in the Towel

The International Monetary Fund Throws in the Towel

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...
A Deal for Dunces?

A Deal for Dunces?

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...
Move Your Ass(ets) Now! – Part II

Move Your Ass(ets) Now! – Part II

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...
Coming Soon: A Greek Return to the Drachma

Coming Soon: A Greek Return to the Drachma

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...
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