BELIZE - Time for a new election it looks like?

PRIME MINISTER BARROW AND FINANCE MINISTER of Belize,  AS WELL; IS IN VIOLATION OF THE WARREN BUFFET LAW.

  NOW WE DON'T ACTUALLY HAVE A WARREN BUFFET LAW IN OUR NATIONAL LEGISLATION.  BOTH POLITICAL PARTIES RESIST SUCH A THING.  BUT IF WE HAD;  IT WOULD SAY THAT IF YOUR DEBT TO GDP RATIO, EXCEEDED 3% OF GDP, IN THE LAST FOUR QUARTERS, POLITICIANS IN POWER WOULD LOSE THEIR JOBS AND BE FIRED IMMEDIATELY AND A NEW BY-ELECTION HELD WITHIN 90 DAYS.

  WHEN THE UDP GOT IN POWER ORIGINALLY THE TERM BEFORE, THEY INHERITED A DEBT TO GDP RATIO OF 76% FROM THE PUP PARTY.  SINCE THEN AND NOW ON THEIR SECOND TERM IN OFFICE, THE UDP ARE REPORTING THAT THE ACTUAL DEBT TO GDP RATIO IS OVER 80%.  This is more than the 3% allowable under the Warren Buffet Law, if we had one.  In actuality, if you include the NATIONALIZATIONS OF BEL and BTL, these are going to cost more than 20% of GDP to issue bonds to pay them off.  So the ACTUAL debt of Belize is over 100% of GDP.

  TIME FOR A NEW ELECTION, LOOKS LIKE?