People Against Usury


Prime Minister’s Address the Belize Chamber of Commerce & Industry

April 27, 2017 Thank you for inviting me to share my sense of the business climate, the macro economy, and a few of my Administration’s actions and plans for sustaining and broadening Belize’s economic expansion. To some extent, a degree often underestimated, both government and the private sector grapple with conditions that are uncontrollable, or at least unpredictable. For example, at the start of our tenure nine years ago, the Great Recession and the unusual oil price spike that wobbled the global economy, especially small economies in the American orbit such as Belize, was surely not something we had bargained […]


How America plans to pay for their wall

This controversial issue is being discussed by just about everyone but nobody actually discusses the actual funding of it. It seems as per this bill that it will be paid by many countries.Basically, brace yourself because remittances will be slowing or stopping for a lot of countries and people including Belize. The Bill: This Act may be cited as the “Border Wall Funding Act of 2017”. Introduced in House (03/30/2017) [Congressional Bills 115th Congress] [From the U.S. Government Publishing Office] [H.R. 1813 Introduced in House (IH)] 115th CONGRESS 1st Session H. R. 1813 To amend the Electronic Fund Transfer Act […]


Debt – America and the World – Economic collapse

University of Groningen EPISODE 1: Debt, a great invention is the first episode of a video lecture by Dirk Bezemer from the University of Groningen. It covers how debt and money systems developed over the years into the financial system we have today. All modern money is debt created by banks and this system has and can potentially bring us great wealth. EPISODE 2: How bubbles grow is the second episode of a video lecture by Dirk Bezemer from the University of Groningen. It covers how debt and money can be created by banks for both productive and non-productive purposes. […]


Commonwealth Caribbean Economic Integration

LIMITED OFFICIAL USE PAGE 01 STATE 099857 44 ORIGIN ARA-17 INFO OCT-01 ADP-00 AID-20 CIAE-00 COME-00 EB-11 FRB-02 INR-10 NSAE-00 RSC-01 TRSE-00 XMB-07 OPIC-12 CIEP-02 LAB-06 SIL-01 OMB-01 L-03 TAR-02 /096 R DRAFTED BY ARA/ CAR/ J: WPKELLY/ PWHILBURN, JR.: JANET 5/24/73 EXT-23447 APPROVED BY ARA/ CAR: JRBURKE ARA/ CAR: PFCANNEY ARA/ ECP: JLANDBERG ARA/ CAR: WBWHEELER ARA/ CEN: SLIPPE ——————— 026226 R 241617 Z MAY 73 FM SECSTATE WASHDC TO AMCONSUL BELIZE AMEMBASSY BRIDGETOWN AMEMBASSY GEORGETOWN AMEMBASSY KINGSTON AMCONSUL NASSAU AMEMBASSY PORT OF SPAIN LIMITED OFFICIAL USE STATE 099857 E. O. 11652 N/ A TAGS: EGEN, EEC, BB, BH, […]


Understanding the Greek debt crisis

A while back I noted that we should be looking at Greece for where not to end up in the future, seeing that G.O.B. keeps borrowing more and more every day that goes by; adding more and more debt on the shoulders of every Belizean that will have to be paid for by many future generations. I want to share these videos with you all so you can understand what’s going on in Greece and better look at what’s happening in Belize and hopefully stand up and fight for the future of Belize. After all, our children and their children […]


The truth of why Europe wants Greece to suffer

Another reason why Belize should be paying attention to what is going on in Greece and start to make changes before we get to the same place. The truth about the never-ending financial crisis & the cult of extreme austerity Greece’s financial nightmare has lasted five years now. There’s no sign of real relief—for a very specific reason   For someone who writes about economics, the situation in Greece offers two enticing elements: the ability to spin out moments of high drama, and the probability it will endlessly repeat forever. We’ve experienced five years (really, here’s one of my first […]


Want to know the future of Belize? See Greece

Pay attention to what’s happening in Greece. We’ve posted about this before and things di geh dread as we say in Belize. Greece is slowly being led to slaughter house and Belize is going to the same place, Greece is at the door, Belize is making it’s way down the chute. Greece’s economy will be locked down with capital controls if it can’t find a deal by the weekend European governments are ready to push for capital controls in Greece would mean a severe lockdown on flows of cash … strict limits on the amount that could be withdrawn from […]


The 'Grexit' Issue and the Problem of Free Trade

By George Friedman The Greek crisis is moving toward a climax. The issue is actually quite simple. The Greek government owes a great deal of money to European institutions and the International Monetary Fund. It has accumulated this debt over time, but it has become increasingly difficult for Greece to meet its payments. If Greece doesn’t meet these payments, the IMF and European institutions have said they will not extend any more loans to Greece. Greece must make a calculation. If it pays the loans on time and receives additional funding, will it be better off than not paying the […]


UnHappy Birthday Belize

I wanted to wait for the festivities to simmer down before I put my thoughts out to my fellow Belizeans. I do not know how you will receive my speech or how it will be scrutinized, but these are my heartfelt convictions. I heard some of the speeches and for the most part heard a lot of pretty flowers, shiny gems and smelt nice perfume that all masked the reality that our nation faces today, 33 years and a couple days old. I won’t go into the pretties too much, you know that is not me. My idea is to […]


The State’s Secret: Belize’s Money Laundering Regime

By Grace Kranstover and Ragini Chatterjee Nestled on the northeastern coast of Central America, Belize is often named one of Central America’s most beautiful vacation destinations. With its ornate coral reefs and rainforest, the small English-speaking country has plenty to offer for tourists looking for tropical adventures. Yet, Belize is rapidly becoming known to the international community for attracting many drug trafficking organizations known for transporting marijuana and cocaine into North America. Since the country’s currency is conveniently pegged to the U.S. dollar, Belize also offers nonresidents the opportunity to run offshore accounts. Money laundering has become a prime form […]


The Globalization of Poverty and the New World Order

I’m reading this book and I must say that it is a real eye opener into the world that is really hustling and bustling around us, the same one we keep ignoring from inside our little bubble in our little corner. This is a must read and a valuable collection to any library. In these unprecedented economic times, the world is experiencing as a whole what most of the non-industrialized world has experienced over the past several decades. For a nuanced examination of the intricacies of the global political-economic landscape and the power players within it. Michel Chossudovsky takes the […]


Belize – Fiscal Paradise with High Level of Confidentiality

ICO Services, the international company specialized in the formation of offshore companies and offshore banking, has recently expanded their services to the American business world by launching their service of setting up a company in Belize, the only fiscal paradise in Central and South America where English is the official language. This business extension means providing access to the multiple advantages of establishing an International Business Company (IBC) which includes a high level of confidentiality, exempt for all local taxes, no capital requirements and no foreign exchange control. An IBC is the most popular type of offshore corporation as it […]