Royal Caribbean and Carnival are holding on to their ships as best they can, even after raising extra capital, they don't have any money for other investments right now.
Absolutely not the case. The Bahamas was unable to protect its banking sector because it was not able to rely on the protection of the WTO which the other two countries were able to do.
Business likes certainty and by being menebers of the WTO Barbados and Trinidad were able to provide the banks the protection that they required.
A good example of countries that have benefited to our cost are Barbados and Trinidad and Tobago.
In the early 2000's we lost the bank head offices to them because they were members of WTO and we were not. WTO covers services as well as goods. The Bahamas was a major service provider upto that point. We have steadly been losing out for the last 20 years. these were paying Bahamians good paying jobs and benefits. We lost, they gained.
Economist says...
This man does not read the financial news.
Royal Caribbean and Carnival are holding on to their ships as best they can, even after raising extra capital, they don't have any money for other investments right now.
On Grand Lucayan 'turn over' before end-20
Posted 13 November 2020, 3:34 p.m. Suggest removal
Economist says...
You are correct he will probably abolish WTO and then he and China can beat up on each small country indivdually.
You know the saying, "Divide we fall".
On 'Informal economy': 75% of SMES at disadvantage
Posted 28 October 2020, 7:48 p.m. Suggest removal
Economist says...
What a mess there will be when another hurricane , like Betsy in 1965, hits from that side of the island.
Guess no one remembers what Love Beach looked like after the storm.
I would never invest in any property there.
On $100m Love Beach condo project revives
Posted 28 October 2020, 7:25 p.m. Suggest removal
Economist says...
"Let the small man who is properly registered hustle on."
He is the one being hurt by the "unregistered" small man who ducks VAT, Business License, National Insurance and, in many cases, real property tax.
We need to protect that small man who is properly registerd from the informal crooks.
On 'Informal economy': 75% of SMES at disadvantage
Posted 27 October 2020, 4:09 p.m. Suggest removal
Economist says...
I also respect yours.
We both know that we, as a country, are in trouble. By our respectful debate we may find solutions.
We both want the country to do well.
On Bahamas misses over marine genetics share
Posted 27 October 2020, 1:50 p.m. Suggest removal
Economist says...
A weak and spineless government.
They keep letting Hutchison walk all over the Bahamian people.
On Grand Lucayan sale needs 'double deal'
Posted 27 October 2020, 1:49 p.m. Suggest removal
Economist says...
Absolutely not the case. The Bahamas was unable to protect its banking sector because it was not able to rely on the protection of the WTO which the other two countries were able to do.
Business likes certainty and by being menebers of the WTO Barbados and Trinidad were able to provide the banks the protection that they required.
On Bahamas misses over marine genetics share
Posted 27 October 2020, 10:45 a.m. Suggest removal
Economist says...
A good example of countries that have benefited to our cost are Barbados and Trinidad and Tobago.
In the early 2000's we lost the bank head offices to them because they were members of WTO and we were not.
WTO covers services as well as goods. The Bahamas was a major service provider upto that point. We have steadly been losing out for the last 20 years.
these were paying Bahamians good paying jobs and benefits.
We lost, they gained.
On Bahamas misses over marine genetics share
Posted 26 October 2020, 9:25 p.m. Suggest removal
Economist says...
I agree with Fred Mitchel. The accident investigators took to much time.
The plane was in one piece and there were no major injuries.
No "real" airport stays closed for 48 hours (it just opend around lunchtime today) for an excursion like this.
Third world country on display.
On Plane skids off runway in Freeport
Posted 26 October 2020, 4:42 p.m. Suggest removal
Economist says...
The share in marine genetics that we are not getting.
On Bahamas misses over marine genetics share
Posted 26 October 2020, 4:35 p.m. Suggest removal