The big deal is sovereign debt approaching $13 bn deficits continue so no real solution except traveling and talking. Bahamians become poorer as government income goes to interest and principal repayments until game over with default and restructuring. But nicer to talk about Orlando’s 75 m arrivals and getting Saudis here. Complete nonsense, while Our Lucaya blows up, West End going to courts? Foreign investors will carefully watch. Albany West in courts so all announcements are smoke and mirrors. Wondering what’s coming next. Be prepared.
Where is Our Lucaya? West End aka Ginn? Government proving competence „of investor friendly open for business“ from day to day. Bondinvestors will appreciate…
This wouldn’t work. Wishful thinking. Are lenders corrupt? Missing explanation. Are borrowers corrupt? They just kick the can down the road until hitting the wall or falling from the criffs. It’s the economy stupid. Bill Clinton if remember correctly.
So who’s ultimately responsible? Borrower or lender? There’s no free lunch. Loans come with conditions otherwise sell the country to the Chinese and the US will duplicate size and staff of their embassy - is it all for visas only?
The airport will be the next flop. Then Our Lucaya deal won’t happen. And Del Zotto is the proof „Open for business“ and „investor friendly government“ Who said that?
Maximilianotto says...
Today is the day of success or disaster. We will know in few hours. Or some further BS extension?
On No Grand Lucayan sale obstacles ‘on our side’
Posted 15 September 2022, 8:48 a.m. Suggest removal
Maximilianotto says...
The big deal is sovereign debt approaching $13 bn deficits continue so no real solution except traveling and talking. Bahamians become poorer as government income goes to interest and principal repayments until game over with default and restructuring. But nicer to talk about Orlando’s 75 m arrivals and getting Saudis here. Complete nonsense, while Our Lucaya blows up, West End going to courts? Foreign investors will carefully watch. Albany West in courts so all announcements are smoke and mirrors. Wondering what’s coming next. Be prepared.
On TRAVEL BUDGET SOARS FOR GOVT: $11.8m spend exceeds allocation by 11%.
Posted 14 September 2022, 9:46 a.m. Suggest removal
Maximilianotto says...
There are announcements but no real deals.
On Cooper apologises for GB restoration delay
Posted 13 September 2022, 1:30 p.m. Suggest removal
Maximilianotto says...
Where is Our Lucaya? West End aka Ginn? Government proving competence „of investor friendly open for business“ from day to day. Bondinvestors will appreciate…
On Cooper apologises for GB restoration delay
Posted 13 September 2022, 1:04 p.m. Suggest removal
Maximilianotto says...
This wouldn’t work. Wishful thinking. Are lenders corrupt? Missing explanation. Are borrowers corrupt? They just kick the can down the road until hitting the wall or falling from the criffs. It’s the economy stupid. Bill Clinton if remember correctly.
On Bahamas’ disaster response set for $160m transformation
Posted 8 September 2022, 5:14 p.m. Suggest removal
Maximilianotto says...
B$ devaluations you 30% and free floating is an option. Would PLP government survive? Really a very New Day.
On Bahamas’ disaster response set for $160m transformation
Posted 8 September 2022, 5:10 p.m. Suggest removal
Maximilianotto says...
So who’s ultimately responsible? Borrower or lender? There’s no free lunch. Loans come with conditions otherwise sell the country to the Chinese and the US will duplicate size and staff of their embassy - is it all for visas only?
On Bahamas’ disaster response set for $160m transformation
Posted 8 September 2022, 11 a.m. Suggest removal
Maximilianotto says...
The end is debt restructuring by the IMF and Rothschild.
On Bahamas’ disaster response set for $160m transformation
Posted 8 September 2022, 10:56 a.m. Suggest removal
Maximilianotto says...
The airport will be the next flop. Then Our Lucaya deal won’t happen. And Del Zotto is the proof „Open for business“ and „investor friendly government“ Who said that?
On ‘We need to know’ of GB’s revival progress
Posted 29 August 2022, 4:16 p.m. Suggest removal
Maximilianotto says...
This will be resolved as part of Rothschild advisory and IMF restructuring package by yearned latest. Meanwhile sugarcoating ongoing.
On BPL’s power plant deal, $535m funding ‘on hold’
Posted 27 August 2022, 1:36 p.m. Suggest removal