Comment history

Proguing says...

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

Proguing says...

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…

Proguing says...

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.

Proguing says...

Thank God the Chinese took over the Bahamar project, otherwise it would have gone bankrupt during Covid. As a reminder, the project went bankrupt twice before it even opened its doors...

Proguing says...

The central bank is to blame for higher banking costs due to over-regulation of the financial sector...

On ‘Central Bank must act’ on bank costs

Posted 15 August 2024, 7:09 a.m. Suggest removal

Proguing says...

This is the result of the over-regulation of financial institutions that we have in this country.

On Increased fees at CIBC Bahamas

Posted 13 August 2024, 8:17 p.m. Suggest removal

Proguing says...

Yes, very generous with the stolen money

Proguing says...

This reminds me of Escobar who was also involved in philanthropy in Colombia. Escobar spent millions developing some of Medellín's poorest neighborhoods. He built housing complexes, parks, football stadiums, hospitals, schools, and churches...a "Nice guy" as some would say

Proguing says...

Without China there would be no Bahamar, no The Pointe, no British Colonial, no stadium, no Club Med, no Warwick, no funding at 2% when the Bahamas government bonds quote at 10% on international markets etc. They are the only major investor in the Bahamas except for the cruise lines. Would the Bahamas really be better off without China?

On China to fund new hospital

Posted 14 May 2024, 11:13 a.m. Suggest removal

Proguing says...

It's not the Palestinians who are the colonisers and who are committing genocide...