RISING INFLATION IN BELIZE/How Belizean Families and expats are feeling the pain of everyday living!

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  • Опубликовано: 24 ноя 2024

Комментарии • 51

  • @rastamon5969
    @rastamon5969 Месяц назад +12

    That's a real shame bro. Governments all around the world are pulling the same garbage. Its really bad here in canada as well

    • @WhereToNexxt
      @WhereToNexxt  Месяц назад

      Something has to give, everyone seems to he just getting by right now. Thanks for watching.

    • @sgoredraw1455
      @sgoredraw1455 Месяц назад +7

      I’m in the UK , and I would 100% rather be in Belize than the UK or any other western country right now !

  • @eternal8595
    @eternal8595 Месяц назад +6

    Enjoyed this video. All you said is so true. Coming back from having spent 40 yrs in Canada I was forced to become a minimalist which suits me just fine. I grow all my vegs and am slowy becoming a vegetarian. I use solar amd have water trucked in. My point is it all depends on what you are willing to live without. No mega malls here!

    • @WhereToNexxt
      @WhereToNexxt  Месяц назад +1

      @eternal8595 so true... we have downsized as well and enjoy it more. Thanks for watching 😁

  • @glenh4971
    @glenh4971 Месяц назад +3

    Sorry to hear about the high cost of living. I live in Panama in the interior of the country. We have high inflation but not the same as I am hearing you describe. You should consider buying a small motorcycle. Also, you should consider living without air conditioning. Unless you can afford these luxuries of course. In order to live cheaply sometimes it is necessary to lower your standard of living.

    • @WhereToNexxt
      @WhereToNexxt  Месяц назад

      Agree. We are 100% Off grid on solar power. Thanks for watching 😁

  • @islandcyle5593
    @islandcyle5593 Месяц назад +6

    Local food is one thing. But imported goods are another. The taxes for imports are crazy.

    • @WhereToNexxt
      @WhereToNexxt  Месяц назад +1

      @@islandcyle5593 Import taxes are so crazy...

  • @thomasfreeman4578
    @thomasfreeman4578 Месяц назад +2

    visited last sept.was wanting to buy a place in Belize,,,holding off for now.will rent something for my short stay this winter.

    • @WhereToNexxt
      @WhereToNexxt  Месяц назад

      Thanks for watching the video 😁

  • @novascotiana-ourroadtoburn2408
    @novascotiana-ourroadtoburn2408 Месяц назад +3

    Thanks for another very informative video. What I found truly wild: That about a year ago sugar in Belize became not only expensive - but outright scarce. Sugar. In Belize. The country's top (export) product. Became hard to get...even and especially for locals. Sounded absolutely crazy to me but was what I witnessed in person during two stays in October and December 2023....
    We actively consider(ed) relocating to Belize but in the meantime we really do start to question that choice.

    • @borisbadenov8613
      @borisbadenov8613 Месяц назад +2

      The exporters had to make their quotas. That's why there was an artificial scarcity.

    • @novascotiana-ourroadtoburn2408
      @novascotiana-ourroadtoburn2408 Месяц назад

      @@borisbadenov8613 Interesting.... Very likely last year was a very dry year for the farmers (because also prizes for cilantro went absolutely through the roof for that reason), so they probably had a bad sugar cane harvest and in order to meet quotas had to sell abroad.....causing shortages at home. Makes sense. Thanks again for your reply!

    • @WhereToNexxt
      @WhereToNexxt  Месяц назад +1

      @novascotiana-ourroadtoburn2408 Mexico was paying more for sugar last year so the very quickly sold it to Mexico, some even got caught trying to smuggle sugar across the border... thanks for watching

  • @artuvwar
    @artuvwar Месяц назад +2

    When you hear stories of smaller countries starting infrastructure projects, you can also expect things like local produce to suddenly become sparse or even obsolete. It's part of a greater plan - Life and Debt documentary breaks this all down.

    • @WhereToNexxt
      @WhereToNexxt  Месяц назад +2

      @@artuvwar I will have to watch that. Thanks for watching

  • @helpinghorsestoday
    @helpinghorsestoday Месяц назад +2

    Here in Canada its ridiculous how expensive it is. I added up what it cost me for power gas and property taxes. It was 30k for the year. Went to buy veggies to make a greek salad it cost me 100.

    • @WhereToNexxt
      @WhereToNexxt  Месяц назад

      @helpinghorsestoday wow yes it is bad everywhere right now. I don't understand how most people are getting by. Thanks for watching

  • @michaellawson6533
    @michaellawson6533 Месяц назад +1

    In future please stipulate if your $ price is B$ or US$ to give us clarity.

  • @UrCho1ce
    @UrCho1ce Месяц назад

    Where wages are $2/hour keep your products affordable for locals. the government has more than enough in import duties to make things better. Broker better deals with manufactures and petrol. Also locals upcharge prices of land, rent, etc to get more out of a small percentage of expats and price out everyone else. They also dont demand any better from their leaders or do much to help themselves

    • @WhereToNexxt
      @WhereToNexxt  Месяц назад

      Great comment. Thanks for watching the video

  • @rashaddancer
    @rashaddancer 16 дней назад

    When there’s an issue there’s money to be made..

  • @cisfrand
    @cisfrand Месяц назад +1

    I recently visited Belmopan for a week in addition to the high prices none of the supermarkets were air conditioned. Are there any air conditioned supermarkets there??

  • @jonathanjacques7250
    @jonathanjacques7250 Месяц назад +2

    Start growing own food. Cheaper & it tastes better.

  • @gundytiger
    @gundytiger Месяц назад +1

    What is hourly pay rate..normal worker ..ect food industry

  • @sherrymancini7359
    @sherrymancini7359 Месяц назад +1

    How about labor cost? Why would service be expensive if their minimum wage is only 5 bz dollars?

    • @WhereToNexxt
      @WhereToNexxt  Месяц назад +1

      @sherrymancini7359 It's all about money, high profits and low labor cost. There is no middle in Belize. You either have or have not. Maybe things will change one day for the Belezian people. The GOB is indebted to to many foreign countries now who are all looking to expand. Puerto Rico learned this the hard way. Thanks for watching the video 😁

  • @rashaddancer
    @rashaddancer 16 дней назад

    What did they do with 250,000,000 usd from the USA?

    • @WhereToNexxt
      @WhereToNexxt  16 дней назад

      @rashaddancer well now it's called an INVESTMENT....hmmmmm? Now it's for education and to update the power grid here. It went from being called a grant to an investment though... thanks for following up..

  • @anook1984
    @anook1984 Месяц назад +3

    It's not only a Belizean issue. I blame the aftermath of Covid19 (like any other pandemics before) as a result of supply and demand and vacuum in transport and work force during and shortly after Covid. I moved to Canada 30 years ago and I experienced a close to 300% inflation since 1994 and that without any pandemic times. Products that are planted and sold in Belize can't be the result of increasing transportation costs since it's a very small country and transport is always one of the smaller slice of a cake.

    • @WhereToNexxt
      @WhereToNexxt  Месяц назад

      Great comment, thanks for watching

  • @timhalloran-yb9ge
    @timhalloran-yb9ge Месяц назад +5

    IF Belize is tied to the US dollar, why would you think its not going to feel the inflation going on in America?

  • @bucktravel6499
    @bucktravel6499 Месяц назад +1

    What’s the average Belizean salary per month?

    • @WhereToNexxt
      @WhereToNexxt  Месяц назад

      @@bucktravel6499 400 US dollars, call center workers are at about 600US a month.... So 800 to 1200BZD a month...

    • @sephorareynolds5786
      @sephorareynolds5786 Месяц назад

      Probable 600 bz😳 somebody correct me please😳🤦‍♀️

  • @darmou
    @darmou Месяц назад +1

    Gee those new fangled electric cars sound really good right now..

    • @rastamon5969
      @rastamon5969 Месяц назад +2

      @@darmou hell no. Huge waste of money and belize has nowhere near the electrical infrastructure to handle that

    • @cisfrand
      @cisfrand Месяц назад +5

      Untill you have to replace the battery and it is over US$15,000

    • @mercenarygrip
      @mercenarygrip Месяц назад +2

      😂😂😂😂😂 Yeah right. 😂😂😂😂😂

    • @borisbadenov8613
      @borisbadenov8613 Месяц назад

      Better to have a Hybrid. Fill the gas tank up, drive the car on the battery and when the battery needs to be topped up the ICE engine will kick in.

    • @borisbadenov8613
      @borisbadenov8613 Месяц назад +1

      last month bottled water was $6 and it's now $6.50