While Mr. Smith makes some very good points he seems to have conveniently, or perhaps politically, failed to recognize the fact that the Rating Agencies do this for most countries and large corporations.
They don't suddenly change their criteria when they come to The Bahamas.
The Bahamas failed to meet their criteria and got down graded, it is a simple as that.
Economist says...
I agree with Sir Frankie.
On Sir Franklyn: ‘No positive spin’ for junk downgrade
Posted 29 December 2016, 9:26 p.m. Suggest removal
Economist says...
While Mr. Smith makes some very good points he seems to have conveniently, or perhaps politically, failed to recognize the fact that the Rating Agencies do this for most countries and large corporations.
They don't suddenly change their criteria when they come to The Bahamas.
The Bahamas failed to meet their criteria and got down graded, it is a simple as that.
On Ex-minister: Bahamas is ‘nowhere near’ junk
Posted 29 December 2016, 9:21 p.m. Suggest removal
Economist says...
Tal, you got that right!
After all these years and this is all we have to show for it. Disappointing, very disappointing.
On FNM ‘will privatise Carnival and invest in Junkanoo’
Posted 28 December 2016, 5:16 p.m. Suggest removal
Economist says...
Strange for a party to have so many candidates withdraw their candidacy.
On Collie: Butler-Turner can do what she wants
Posted 28 December 2016, 5:11 p.m. Suggest removal
Economist says...
To win the election you need to show us how you will fix the economy otherwise you are no different from the PLP.
On Minnis: FNM will be next government
Posted 28 December 2016, 5:09 p.m. Suggest removal
Economist says...
He is like a man in the desert desperate for water and seeing one mirage of an oasis, with water, after another.
He really believes it. The only problem is that it isn't true, it is just a mirage.
On Govt on ‘course of correction’ after downgrade announcement
Posted 28 December 2016, 5 p.m. Suggest removal
Economist says...
This is typical of PLP Dr. Minnis. The country is tanking and he talks of Carnival and Junkanoo
Like the PLP, that he is exactly like, he has no idea of how to fix the Country's economy.
plp=fnm=plp Christie=Minnis=Christie
On FNM ‘will privatise Carnival and invest in Junkanoo’
Posted 28 December 2016, 4:53 p.m. Suggest removal
Economist says...
I don't see a way out with either the PLP or the FNM.
On Governor: S&P move no devaluation threat
Posted 28 December 2016, 1:42 p.m. Suggest removal
Economist says...
It is time for us to collect the outstanding real property tax from those who have not paid for years, if ever.
It is time for us to shut down Bahamasair.
It is time for us to collect All our customs duties but to do so they will have to fire a number of corrupt Customs Officers.
And the list goes on.
On NIB creates new fears of ‘fiscal crisis’
Posted 24 December 2016, 11:31 p.m. Suggest removal
Economist says...
On the contrary, Minnis has yet to take a stand for Bahamians in the HOA.
Nothing on what is missing in the FOIA.
Nothing on the NHI which he, as a doctor has to fully understand tat we can't afford it but has never said so or why.
Minnis has proven that he is useless.
On PM: Rivals are in ‘meltdown’
Posted 24 December 2016, 4:19 p.m. Suggest removal