After the Harrah's fiasco, when Canadian banks lost all their loans, nobody wanted to lend Izmirlian a penny. He went begging to the Chinese because no one else would deal with him.

Initially Baha Mar with Harrah's was financed by Canadians banks, but it was a total loss.

Hmmm if "Mr. Izmirlian was prepared to hire more people and probably pay more in the origianl Baha Mar plan." why did he go begging to the Chinese for a loan? Why did he not pay his debts to the Canadian banks for the original project? As for the Chinese investments in the US, one day they will all be confiscated, just like the Russian assets...

Most likely they will declare bankruptcy and we will never hear of any more Chinese investments in the Bahamas... and to think that people were cheering this ruling...

That's why I always pay in cash, never had a problem....

Like in Venezuela?

In other words, the whole world will benefit from falling oil prices, except Bahamians…

And when will the government lower the fees (taxes) on Bahamians?

Debt traps from the Chinese? You should read the book “Confessions of an Economic Hit Man”. Most of the debt owned by the Bahamas is not to the Chinese…

Atlantis went bankrupt before Covid, even though the resort was run by someone with a strong track record in the hospitality industry, something Izmirlian does not have. It was taken over by its lender Brookfield Corporation a Canadian multinational company that is one of the world's largest investment management companies, with over US$725 billion of assets under management. We need owners with deep pockets like Brookfield and the Chinese. They don’t bankrupt projects before they open.