What happens when a country Defaults on their Foreign Debt or gets a Bailout to avoid Foreclosure? 4



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4 thoughts on “What happens when a country Defaults on their Foreign Debt or gets a Bailout to avoid Foreclosure?

  • Darius Martinez

    Interesting C B, this does not look good for Belize, and for Barrow to be making these reckless statements is unbelieveable, but i guess he is throwing red meat no pun intended to his base, but it will come back to haunt him, the sad thing about it, he has already fortified himself in the States and can easily take a flight out leaving us to wallow in a mess he has created, i am surprise the business community is not crying bloody murder, let us hope they are just waiting for March 7 to send him a strong message.

    • FiWeBelize Post author

      Agreed.
      I hope that the next Government steps back and looks at the forest for the trees and really plan the next move. Quite honestly; what I would like to see, is for all these promises and projects put on hold and a one liner manifest be put on the table:

      Stop all spending, focus on fixing the current issues and then move one from a clean slate. We need long term plans to be put in place but our politicians seem to only have short termed abilities. They plan only for the terms they are expecting to serve while the nation needs plans to take it into the next 50 years.