Blog 5 Microlending in the States

I do not think a Microlending program would work here in America. America is a country that is run by Corporations and their public official puppets. The market is such that a small business has to do all it possibly can and more in order to survive. The corporations are sucking resources and money out of the States and spreading it among the wealthiest in the world, which has no particular constituency or nation which they support. The corporations are the ruling institution right now and they are holding back other businesses and making it near impossible for small business to rise up.

Small businesses create jobs and are often the backbone of society. America has been on top of the world thus far for several reasons according to a theory of mine. After World Wars I and II America was the only super power left intact therefore their resources went directly into the economy and the growth thereof. When you are the only manufacturing nation left able to make goods, it’s not hard to be on top. Europe has finally caught up and is beginning to surpass us, as well as China. America has also had many resources which it can acquire inexpensively. Small business in the early 20th century has served this nation well and took it to the top. Now at the turn of 21st Century the world market has gone global and small businesses are becoming a thing of the past.

Belize is a "Third World Country" its market has not been touched by globalism like America; big business (corporate) cannot take off in the laid-back Caribbean culture. The internet is a rarity in Belize and the most media that the Belizeans are exposed to would be that of television. Here in the States, small businesses cannot keep up with the massive power and seemingly unlimited budgets of the mighty corporations. Not to mention, if they fail- the government will be there to refund them into existence with tax payer dollars, totally defeating the very tenets of a free capitalist market and becoming more of a Fascist government state where the Federal controls the market.

This is why I think Microlending has little to no chance of becoming sustainable here in America.