Tragedy - unless extreme incentives offered to FDI, the demise will continue… Our Lucaya next teardown. GB needs very radical approach which is politically insaleable. No government can ever fix GB and definitely not the “ former Ginn” “buyer” with tallest building which never will be built.
Small difference - industrial efficient countries with high levels of education can cope easily with 100% debt to GDP, but very challenging for a small tourism dependent country with overvalued local currency….and 90% grade D population-we will know soon how $2bn+ will be repaid/refinanced next year and if - at which interest rates. The financial markets will decide.
Any constructive option? $10,5bn debt hard to manage considering the structure of our economy, low productivity, insufficient education of workforce, overvalued B$. Glad to hear solutions.
The Sand Dollar isn’t a digital currency it’s quite useless has no advantage over existing payment providers…built on sand, barely being used. Crypto is good for the country as will attract highly educated programmers and mathematicians from the US and India so creating services jobs for our grade D population. How many local jobs have been created by FTX? Suspicious deafening silence. And Bitfinex and Counbase arrived or already packing their bags? Just asking.
Maximilianotto says...
Let’s see when IMF will be asked for support to avoid 9-11% loan sharks for repayment of $2+ bn due next year? Any good idea?
On ‘Don’t let IMF drag us into income taxation’
Posted 11 December 2021, 9:01 a.m. Suggest removal
Maximilianotto says...
Excellent!
On New Ragged Island Airport Terminal opened
Posted 11 December 2021, 8:11 a.m. Suggest removal
Maximilianotto says...
Tragedy - unless extreme incentives offered to FDI, the demise will continue… Our Lucaya next teardown. GB needs very radical approach which is politically insaleable. No government can ever fix GB and definitely not the “ former Ginn” “buyer” with tallest building which never will be built.
On Groves must be turning in his grave
Posted 10 December 2021, 7:07 p.m. Suggest removal
Maximilianotto says...
Small difference - industrial efficient countries with high levels of education can cope easily with 100% debt to GDP, but very challenging for a small tourism dependent country with overvalued local currency….and 90% grade D population-we will know soon how $2bn+ will be repaid/refinanced next year and if - at which interest rates. The financial markets will decide.
On National debt just under economy’s size at 98.4%
Posted 10 December 2021, 6:59 p.m. Suggest removal
Maximilianotto says...
Any constructive option? $10,5bn debt hard to manage considering the structure of our economy, low productivity, insufficient education of workforce, overvalued B$.
Glad to hear solutions.
On IMF to Bahamas: ‘Pre-empt’ on corporate income taxes
Posted 10 December 2021, 6:27 p.m. Suggest removal
Maximilianotto says...
Any constructive option? Would be glad to read.
On Proguing
Posted 10 December 2021, 6:24 p.m. Suggest removal
Maximilianotto says...
Marketing information? Jamaica and DR waiting, more competitive, better service, tough times ahead! Pity.
On Decision is keeping tourists out
Posted 10 December 2021, 6:21 p.m. Suggest removal
Maximilianotto says...
Good luck! Who needs a small Ritz Carlton on Eleuthera? These guests won’t mingle with cheap cruise passengers, Makes no sense - let’s see next year.
On Still scepticism on revival of Eleuthera ‘benchmark’
Posted 10 December 2021, 6:16 p.m. Suggest removal
Maximilianotto says...
The Sand Dollar isn’t a digital currency it’s quite useless has no advantage over existing payment providers…built on sand, barely being used.
Crypto is good for the country as will attract highly educated programmers and mathematicians from the US and India so creating services jobs for our grade D population. How many local jobs have been created by FTX? Suspicious deafening silence. And Bitfinex and Counbase arrived or already packing their bags? Just asking.
On PM pledges full support for ‘leapfrog’ on Fintech
Posted 10 December 2021, 9:49 a.m. Suggest removal
Maximilianotto says...
BA will promote Cayman and Turks&Caicos. It’s the economy. A poll would be good…
On FRONT PORCH: Where’s our appetite for moving towards a republic?
Posted 10 December 2021, 9:43 a.m. Suggest removal