Well that's what happens when you back your currency with US Dollars instead of something like Gold or Silver. Now the US will print all they want and pass the inflation on to everyone using US dollars and you can't do anything for your own people.
Black people need to be careful in Europe. There are a whole lot of African migrants running around over there and the white folks don't like it. They see you and think you're one of the Africans invading their country.
This is also why Western Union closed. In 2015 the reasons Fidelity gave for ending the Western Union franchise were "de-risking", "increased compliance cost" and "higher bank fees in various jurisdictions to process the receipts of its money". The longer these number houses operate the more negative impacts it will have.
The IMF is designed to lend more money to Nations than they can afford to pay back then impose heavy taxation. Nothing surprising here. Next step is bankruptcy then they come in and steal everything.
GodSpeed says...
I don't blame them, if I was America I'd do the same thing. Reality.
On Local shipping company not allowed to access imported medical supplies
Posted 9 April 2020, 1:17 p.m. Suggest removal
GodSpeed says...
Well that's what happens when you back your currency with US Dollars instead of something like Gold or Silver. Now the US will print all they want and pass the inflation on to everyone using US dollars and you can't do anything for your own people.
On Bahamas left facing 'God awful situation'
Posted 27 March 2020, 11 p.m. Suggest removal
GodSpeed says...
Not anymore 😏
On Nowhere to go for Shanty town residents
Posted 12 September 2019, 1:50 p.m. Suggest removal
GodSpeed says...
Black people need to be careful in Europe. There are a whole lot of African migrants running around over there and the white folks don't like it. They see you and think you're one of the Africans invading their country.
On UPDATED: Body of second Bahamian man found in river
Posted 5 June 2019, 4:42 p.m. Suggest removal
GodSpeed says...
Well might is right. America has the power to do all those things so they will, anyone else who had it would do the same thing.
On Bahamas bank accounts targeted for US seizure
Posted 5 November 2018, 4:16 p.m. Suggest removal
GodSpeed says...
A lot of crypto currencies are legit but this is a scam, stay away or lose your money.
On 80 Bahamians buy into crypto start-up
Posted 2 September 2018, 11:36 p.m. Suggest removal
GodSpeed says...
This is also why Western Union closed. In 2015 the reasons Fidelity gave for ending the Western Union franchise were "de-risking", "increased compliance cost" and "higher bank fees in various jurisdictions to process the receipts of its money". The longer these number houses operate the more negative impacts it will have.
On IMF: Bahamas bank fees rise up to 186%
Posted 3 October 2017, 11:12 p.m. Suggest removal
GodSpeed says...
The IMF is designed to lend more money to Nations than they can afford to pay back then impose heavy taxation. Nothing surprising here. Next step is bankruptcy then they come in and steal everything.
On Bahamas must have income tax, says IMF
Posted 14 September 2017, 2:58 p.m. Suggest removal