Tag Archives: IMF

FMM 1 9 2026 You too Rich!

“Wealth consists not in having great possessions, but in having few wants.” ~ Epictetus. Jamaica in the 70s and 80s was in a strange place economically.  The Prime Minister spoke about Democratic Socialism, and was a little too friendly with Castro for the comfort of the US.  The Jamaican Government implemented a lot of changes […]

FMM 12 1 17 Choices

“Not what we have, but what we enjoy, constitutes our abundance.” ~Epicurus. In the 1980’s, Jamaica went through some challenging times.  The Prime Minister (Michael Manley, a self-declared Socialist) had aligned himself too closely to Cuba’s Fidel for the US to be comfortable, and actions were taken to squeeze the country.  The IMF and the […]