Well_mudda-take-sic please take a read of the Bretton Woods Conference of 1944 and also the thoughts of John Maynard Keyens and Harry Dexter White. These explain much of how the IMF, World Bank and the WTO were created and why.
They set out to try to ensure that the world did not experience the catastrophic economic problems that played a big part in the Second World War and the violent death of over 60 million people.
If the spending is not controlled we will see a 20% VAT, a cut in Civil Service Pensions of 10% to 15%, the introduction of Income Tax, Real Property Tax on all land owned by Bahamains, and that is just for starters.
The IDB and IMF are there to help a country improve it economy and standard of living for it people. Loans are made on the proposals put forward by the Country applying.
The IMF nor the IDB force a country to borrow, nor do they try to find reasons just so a country will borrow from them.
Bahamians, in general, do not have a good credit rating, at home or in other countries.
Soon the government will bring us a national disgrace unless we get the spending under control.
Perry and his government can't even tell us where they have spent $1.5 billion dollars. That is out of control spending.
Having a qualification and being Bahamian is not enough. You also have to be willing to actually work. Just because you are a Bahamian does not mean that you get the job and then don't perform. To many Bahamians have an attitude that they are entitled to a job period.
The FNM Manifesto consists of a bunch of promises that the FNM can't keep. It is a ridiculous and useless piece of paper. Anyone whose average is above Grade "D" can see straight through it and the grade "d's" can't read or understand it anyway. The PLP has the same garbage. This country is in a very bad state.
Read "Letter of Intent" that is not even Contract. A LOI is very iffy. It is like the PM saying that Freeport was getting an expansion at the Container Port in 2014.......still waiitng.
Economist says...
Thanks, I will read.
On IDB: Bahamas ‘can’t escape’ $7bn debt without fiscal rules
Posted 18 April 2017, 11:47 a.m. Suggest removal
Economist says...
Well_mudda-take-sic please take a read of the Bretton Woods Conference of 1944 and also the thoughts of John Maynard Keyens and Harry Dexter White. These explain much of how the IMF, World Bank and the WTO were created and why.
They set out to try to ensure that the world did not experience the catastrophic economic problems that played a big part in the Second World War and the violent death of over 60 million people.
On IDB: Bahamas ‘can’t escape’ $7bn debt without fiscal rules
Posted 17 April 2017, 8 p.m. Suggest removal
Economist says...
Where are the self righteous reverends when we needs them. They make big stink about Numbers and Gays and the Referendum.......murder = silence.
And all this time I thought that "murder" was one of the big ten no no's.
On UPDATED: Three dead in Easter killings
Posted 17 April 2017, 7:45 p.m. Suggest removal
Economist says...
This whole National Insurance thing is going to be the final nail in the coffin for the Bahamian Economy.
It will be one big whole into which we pour money for nothing better than we already have.
This NHI is criminal.
On FamGuard, partner front-runners for NHI insurer deal
Posted 16 April 2017, 10:11 p.m. Suggest removal
Economist says...
If the spending is not controlled we will see a 20% VAT, a cut in Civil Service Pensions of 10% to 15%, the introduction of Income Tax, Real Property Tax on all land owned by Bahamains, and that is just for starters.
The IDB and IMF are there to help a country improve it economy and standard of living for it people. Loans are made on the proposals put forward by the Country applying.
The IMF nor the IDB force a country to borrow, nor do they try to find reasons just so a country will borrow from them.
Bahamians, in general, do not have a good credit rating, at home or in other countries.
Soon the government will bring us a national disgrace unless we get the spending under control.
Perry and his government can't even tell us where they have spent $1.5 billion dollars. That is out of control spending.
On IDB: Bahamas ‘can’t escape’ $7bn debt without fiscal rules
Posted 16 April 2017, 10:03 p.m. Suggest removal
Economist says...
Having a qualification and being Bahamian is not enough. You also have to be willing to actually work.
Just because you are a Bahamian does not mean that you get the job and then don't perform.
To many Bahamians have an attitude that they are entitled to a job period.
On DNA will bring in jobs database and carry out capital punishment says Grand Bahama candidate
Posted 14 April 2017, 10:33 p.m. Suggest removal
Economist says...
The FNM Manifesto consists of a bunch of promises that the FNM can't keep. It is a ridiculous and useless piece of paper.
Anyone whose average is above Grade "D" can see straight through it and the grade "d's" can't read or understand it anyway.
The PLP has the same garbage.
This country is in a very bad state.
On FNM leader pledges more details on policies ‘with time’
Posted 14 April 2017, 10:30 p.m. Suggest removal
Economist says...
He must have gone to a special school for double talk. Most likely the same one the current PM went to.
Lots of talk but say nothing.
Lord, please send this Country a real political leader for we are truly desperate.
On FNM leader pledges more details on policies ‘with time’
Posted 13 April 2017, 11:29 a.m. Suggest removal
Economist says...
Read "Letter of Intent" that is not even Contract. A LOI is very iffy. It is like the PM saying that Freeport was getting an expansion at the Container Port in 2014.......still waiitng.
On PM reveals Grand Lucayan sale plan at PLP Freeport rally
Posted 8 April 2017, 7:33 p.m. Suggest removal
Economist says...
Interesting insight. Well written.
On YOUR SAY: Six reasons not to ‘Roc wit Doc’
Posted 6 April 2017, 8:47 p.m. Suggest removal