The drinks are on me. You will need more than one. There are more thoughts :-)

Simple way out of this is to dollarize the Bahamian economy. Get rid of the Bahamian Dollar we don’t need to have Monopoly money with our leaders on it for national pride if our currency is
going to be worthless. With just US dollars in the Bahamian economy we do not have to worry
about foreign exchange and our currency getting devalued. The trade off is that we won’t have our own currency with our political leaders on it and also the monetary policy will be conducted by the Federal Reserve Bank in the US instead of the Central Bank of the Bahamas. This is ok because we can use interest rates to stimulate our economy if we switch to the US Dollar which we can’t right now with the Bahamian dollar. Our paychecks will be in US Dollars and we will not have to change Bahamian dollars to US when we travel to the US for shopping. The other option is to borrow from the IMF which will destroy us like all the other countries that have gone before us like Jamaica and now Barbados and all the African and Latin American countries. The IMF will make us devalue our dollar, and make us cut out all our good comfortable government jobs which gives us almost permanent employment (that’s why banks give government workers loans). Next option is to borrow cheaply from the Chinese which they will be very happy to do. But I say NO to this because the Chinese already own prime Cable Beach property because of Bahamar and they know we will be unable to pay back their loan and we will be like Sri Lanka which had to give up their Sea Port to China for 99 years. There are other countries in Africa which have went through the same issues of China owning their infrastructure because of debt payments. Our tourism will pick up thanks to President Trump forcing the opening of the US economy even though cnn, msnbc, nytimes, Washington Post, the Democrats don’t want to open up the US and keep it locked down indefinitely because they hate Trump and want the US economy to fail so that he will lose the election. A lot of Bahamians should thank Donald Trump because tourism will come back with a huge bounce but it will take time. It will come back in November for thanksgiving and Christmas. Usually in good times the summer tourism period is not as strong as our winter period. Plus right now most Americans (where we get most of our tourists from) will be more concerned about their jobs, and getting a paycheck and paying their bills and sending their kids to school and college. When they sort through all of this in 6 months they will be back. So hang in their Bahamas and make sure our dumb politicians don’t do anything stupid like signing up with the IMF or China for money.