Hashtag: #LarryBurchallColumns

Column: Bermuda’s IB & Hurricane In Florida

Column: Bermuda’s IB & Hurricane In Florida

[Opinion column written by Larry Burchall] A state Representative in Florida, Frank Artiles [R] was critical of Bermuda based reinsurers. According to an article published in the Insurance Journal, back in March 2015, Artiles was criticizing Florida’s plan to lay off some of the State’s hurricane risks by paying up to $2.0 billion in hurricane insurance... Read more of this article

Column: ‘Negative Birth Rate’ Of Bermudians

Column: ‘Negative Birth Rate’ Of Bermudians

[Opinion column written by Larry Burchall] Over the past fifty years, certainly since the 1960’s, un-married and married Bermudian couples have chosen to have fewer and fewer children. This pattern is replicated throughout all the developed western economies, which includes Bermuda. This creates a huge problem for Bermuda. Before the 1960’s, in... Read more of this article

Column: 182nd Anniversary Of Emancipation Day

Column: 182nd Anniversary Of Emancipation Day

[Opinion column written by Larry Burchall] Today, 1st August 2016 is the actual 182nd anniversary of Emancipation Day, 1st August 1834. Past political and racial shenanigans caused Bermuda’s machinery of Government to legislate that Emancipation Day would be a shifting date falling in either late July or early August. However, like Christmas Day... Read more of this article

Column: Grey Area After Crockwell’s Resignation

Column: Grey Area After Crockwell’s Resignation

[Opinion column written by Larry Burchall] Shawn Crockwell’s resignation from the OBA on Friday, takes Bermuda into interesting political and Constitutional waters. There seems to be a ‘grey area’ in the Bermuda Constitutional Order, 1968 [BCO1968]. This ‘grey area’ deals with the exercise of powers that are the preserve of the Governor himself.... Read more of this article

Reflecting On The Start Of WW1 Battle Of Somme

Reflecting On The Start Of WW1 Battle Of Somme

[Written by Larry Burchall] The WW1 Battle of the Somme, began exactly one hundred years ago on 1st July 1916. It still ranks as the worst day in the history of the British Army. The battle itself continued until November 1916, when, after having caused over a million casualties amongst the attacking British Empire forces, the French forces, and the... Read more of this article

Column: What Is Our Real Unemployment Rate?

Column: What Is Our Real Unemployment Rate?

[Opinion column written by Larry Burchall] Bermuda’s true level of unemployment is likely much higher than the rate – seven percent [7%] and 2,348 Bermudian persons 2015 – that is officially and recently reported. The higher and real number creates a need for a massive difference in the fundamental approach to fixing Bermuda’s economic... Read more of this article

Column: Are We Full Hot Or Just Fullish?

Column: Are We Full Hot Or Just Fullish?

[Opinion column written by Larry Burchall] Fact is often stranger than fiction. Started happening in Bermuda in 2004. Thirteen years later, in 2016, still happening. Here’s a simple explanatory scenario. You’re at a bar drinking Heinekens with a drunk sailor beside you. He is also drinking ‘Heinies’. Every time the sailor’s glass empties,... Read more of this article

Column: Overheated Or Not Understood? Part II

Column: Overheated Or Not Understood? Part II

[Opinion column written by Larry Burchall] Race runs through it Race is the thickest part of the strong thread running through the connected matters of dealing with Bermuda’s $513,356-a-day Debt ‘habit’ and the need for increasing ResPop. Underneath Bermuda’s national political radar, race plays a constant, little understood, but large part... Read more of this article

Was Economy Overheated Or Not Understood?

Was Economy Overheated Or Not Understood?

[Opinion column written by Larry Burchall] In 2008, with minimal unemployment, GDP hit $6.11bn. There were 27,180 Bermudians plus 13,033 non-Bermudians filling 40,213 jobs in Bermuda. In 2015, with what is said to be as many as 3,500 Bermudians unemployed, there were only 33,177 filled jobs with Bermudians filling 23,513 and non-Bermudians filling... Read more of this article

Column: UK Should Clean Up Their Own Act First

Column: UK Should Clean Up Their Own Act First

[Written by Larry Burchall] The just out “Panama Papers” is a global investigation into the sprawling, secretive industry of offshore that the world’s rich and powerful use to hide assets and skirt rules by setting up front companies in far-flung jurisdictions. Based on a trove of more than 11 million leaked files, the investigation exposes a... Read more of this article

Column: Bermuda’s ‘Grass-Roots Revolution’

Column: Bermuda’s ‘Grass-Roots Revolution’

[Opinion column written by Larry Burchall] Between Friday 11th March and Thursday 17th March 2016, Bermuda experienced a grass-roots revolution. During those seven days:A woman began a first time ever ‘hunger strike’ in the grounds of Parliament.In a first time ever display of raw people power, thousands of Bermudians, shut down Supreme Courts... Read more of this article

Column: Growth In GDP Is A ‘Dead Cat Bounce”

Column: Growth In GDP Is A ‘Dead Cat Bounce”

[Opinion column written by Larry Burchall]Nominal Gross Domestic Product [GDP] – Upticking? Possibly rising to and past the $6.11bn level reached at GDP peak in 2008? ResPop – 6,500 lower and 9% down from 2008; reflecting a possible slowdown in the loss of Bermudians and the addition of ACBDA sailors and others coming to live and operate businesses... Read more of this article

Column: Decrease Of Bermudians Filling Jobs

Column: Decrease Of Bermudians Filling Jobs

[Opinion column written by Larry Burchall] Hidden inside the nerd words in the 2015 National Economic Report of Bermuda, is a major point, one that may be missed in a cursory read. Inside those 28 pages, a solitary paragraph reveals this: “Jobs occupied by Bermudians were the only status category to exhibit a decline in employment in 2015. Bermudian... Read more of this article