by Jane | Jun 16, 2014 | Offshore News
It’s really fairly simple: Greece is broke. European creditor countries are forcing Greece to adopt austerity measures in return for loans. These austerity measures cripple economic growth. Greece becomes broker and needs more loans. Repeat. Greece had done many...
by Jane | May 16, 2013 | Offshore News
The idea of a trust originated centuries ago, rooted in English common law, and is recognized by most countries where English is the official language, such as Belize. The basic concept is this: the founder of the trust passes his or her assets to another person or...
by Jane | Feb 13, 2013 | Offshore News
The German word schuld means debt. Schuld also means moral fault or blame. There is a lot of that to go around in Europe these days. Greece, Spain, Portugal, Italy, and Ireland are all receiving blame, some deserving it more than others. All these European Union...
by Jane | Jul 28, 2012 | Offshore News
Today I’d like to revisit the ongoing economic crisis in Spain. The downturn, with roots in the Great Recession and the country’s housing bubble bursting and subsequent credit problems, is dragging on. My sources in Spain emphasized a few recent developments: In May,...
by Jane | Mar 15, 2010 | Offshore News
I happened upon this study a few days ago upon referral to a friend who just moved to Europe. He’s living in Spain, where he has a new job as an economic analyst for a Madrid firm. Pubished two months ago, the article lambasts American economists who have...
