Messers Davis and Cooper act as if The Bahamas is not a part of the rest of the world.
Former governments ran up a huge debt. We don't live in a vacuum. You can only spend more than you make and mortgage your future for so long.
In case some have not noticed, Jamaica's dollar is not worth what it was 40 years ago and slid for a long time as that countries debt plied up. IMF has been very involved in trying to stabilize Jamaica.
Rating agencies dictate what every country in the world pays its lenders. We borrow from those lenders. Why, because we need to import goods and need to be able to continue to do so.
If Davis and Cooper were in charge and did as they suggest the IMF would be here tomorrow and then they would put all the blame on the IMF.
No matter what he may be doing with the numbers, at least he is making quarterly reports to the people. This gives us the opportunity to challenge the validity of the numbers.
So if there is anyone of us who wants to provide some facts that show what certain numbers really are, let get to it, lets discuss it.
How is it possible that you could know so little? It is clear that you have no idea of the history behind both the Carnival port or the Princess Hotel.
Carnival is big business. Think of the number of carnivals in the Caribbean, not to mention Miami, Toronto and Notting Hill (UK) and the big one in Brazil.
I agree with Bahamas Carnival. Done right it has potential.
What is it about this cussed airline? What is it that makes successive governments pour millions of dollars into this bottomless pit?
Someone should make a study on this because Bahamasair has an attraction that makes men spend money faster than on a woman. Man, that is some power. "Power of the "P...Plane".
Economist says...
Messers Davis and Cooper act as if The Bahamas is not a part of the rest of the world.
Former governments ran up a huge debt. We don't live in a vacuum. You can only spend more than you make and mortgage your future for so long.
In case some have not noticed, Jamaica's dollar is not worth what it was 40 years ago and slid for a long time as that countries debt plied up. IMF has been very involved in trying to stabilize Jamaica.
Rating agencies dictate what every country in the world pays its lenders. We borrow from those lenders. Why, because we need to import goods and need to be able to continue to do so.
If Davis and Cooper were in charge and did as they suggest the IMF would be here tomorrow and then they would put all the blame on the IMF.
On DPM blasts the opposition’s ‘reckless disregard for truth’
Posted 1 March 2019, 4:15 p.m. Suggest removal
Economist says...
Successive governments borrowed and borrowed and put us into this ICU financially.
I don't like having to pay the price but if we don't want to die we got to take the medicine.
On DPM: We’ll ‘scale back’ spending more if needed
Posted 1 March 2019, 4:01 p.m. Suggest removal
Economist says...
No matter what he may be doing with the numbers, at least he is making quarterly reports to the people. This gives us the opportunity to challenge the validity of the numbers.
So if there is anyone of us who wants to provide some facts that show what certain numbers really are, let get to it, lets discuss it.
On Underspend helps hit deficit target
Posted 28 February 2019, 2:24 p.m. Suggest removal
Economist says...
If it were not for the way I watched various hotel staff and others attitude to their entitlement to a job, I would take this seriously.
On Govt told: ‘Get serious’ on Morton Salt issues
Posted 27 February 2019, 1:46 p.m. Suggest removal
Economist says...
How is it possible that you could know so little? It is clear that you have no idea of the history behind both the Carnival port or the Princess Hotel.
On PM’s comments in Grand Bahama ‘a sad menu of failure’
Posted 27 February 2019, 1:43 p.m. Suggest removal
Economist says...
No.
Carnival is big business. Think of the number of carnivals in the Caribbean, not to mention Miami, Toronto and Notting Hill (UK) and the big one in Brazil.
I agree with Bahamas Carnival. Done right it has potential.
On HIGH FIVE FOR CARNIVAL: Grand Parade returns to Clifford Park for fifth year
Posted 22 February 2019, 5:18 p.m. Suggest removal
Economist says...
Your points about the US and Chinese economies are very valid. Good blog.
On Bahamas ‘yet to arrive’ despite Moody’s upgrade
Posted 22 February 2019, 5:11 p.m. Suggest removal
Economist says...
The Bahamas Christian Council has never stood for anything. Just a bunch of losers.
On INSIGHT: Smart move to cash in and settle with the numbers boys
Posted 19 February 2019, 1:54 p.m. Suggest removal
Economist says...
But it does not need to be owned and run by government.
Look at the rest of the world.
On Bahamasair invests $11.4m in new jet
Posted 16 February 2019, 11:46 a.m. Suggest removal
Economist says...
What is it about this cussed airline? What is it that makes successive governments pour millions of dollars into this bottomless pit?
Someone should make a study on this because Bahamasair has an attraction that makes men spend money faster than on a woman. Man, that is some power. "Power of the "P...Plane".
On Bahamasair invests $11.4m in new jet
Posted 15 February 2019, 11:03 p.m. Suggest removal