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March 14, 2014 Ambergris Caye, Belize One of the great things about being a foreigner in developing countries is how easy it is to get access to influential decision-makers. If you’re in the UK or US, for example, the chances of sitting down with the President or Treasury Secretary are
March 14, 2014 Ambergris Caye, Belize One of the key lessons we can take away from history is that the global financial system changes… frequently. In ancient times, Roman coins were used across the region by Romans and non-Romans alike who engaged in trade and commerce. Given how destructively successive
March 14, 2014 Ambergris Caye, Belize My research team recently passed along a piece of legislation they were looking at called the “ENFORCE the Law Act of 2014.” It immediately piqued my interest… because anytime you see all CAPS in government documents, it signifies some absurd acronym. And the ‘ENFORCE
Nearly four thousand years ago, King Hammurabi of Babylon laid out his eponymous “Hammurabi’s Code”, a series of laws that is still famous to this day. Most people know Hammurabi’s Code as “an eye for an eye, a tooth for a tooth”. Yet what few realize is that the code
March 12, 2014 Roatan, Honduras Deep within the Congo basin along the banks of the Kasai River exist two native peoples– the Lele and the Bushong. The two tribes are practically the same people, separated only by a river. Yet when two anthropologists went to Africa in the early 1950s
March 11, 2014 Caribbean coast, Honduras How’s this for irony– In our modern monetary system, the term ‘fiat currency’ refers to this absurd notion of paper currency that is conjured out of thin air by central bankers and backed by nothing but hollow promises. ‘Fiat’ is a subjunctive conjugation of
March 10, 2014 En route to Honduras Editor’s note: The following is an excerpt from an interview with Robin Speronis, the woman in Cape Coral, Florida who Simon wrote about recently that got bullied by the local government simply because she was living off the grid. Simon: So, Robin, you’d
March 7, 2014 Dallas, Texas I needed a caffeine jolt late this morning after the long journey up from South America. And while I’m generally averse to aspartame, high fructose corn syrup, and other government-sanctioned poisons, I did briefly consider a hit of Coca Cola as I walked past a
Cartagena, Colombia: Because of a $47 dispute the whole world got to know about Cartagena, a city on Colombia’s Caribbean coast. For all the wrong reasons, unfortunately. Two years ago Cartagena hosted the Summit of the Americas, a get-together of all heads of state for countries from North, Central, and
March 5, 2014 En route to Colombia President Obama released his 2015 budget proposal yesterday… and as expected, it contained even more language about his MyRA initiative. As we’ve discussed so many times in the past, IRAs are an irresistible kitty for such a bankrupt government. The US government itself
March 5, 2014 En route to Colombia “Putin: Unconstitutional coup is taking place in Ukraine. The U.S halted military cooperation and trade negotiations with Russia” That’s the headline from a Beijing newspaper– and no surprise that it leans slightly to the Russian side. The article goes on: “Russian president Putin
March 4, 2014 Sovereign Valley Farm, Chile Warren Buffet sees a different America than I do. I would wager he sees a different America than untold millions of people do too. And with due respect to the kind-hearted Mr. Buffet, who is undoubtedly an accomplished and savvy investor, the man
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