Comment history

Proguing says...

So we have an inefficient company, whose customers don’t pay their bills, borrowing at a rate of 9%. What could go wrong?

Proguing says...

Forgot to mention, stop watching too much CNN...

On Importance of US vote

Posted 25 October 2020, 2:01 p.m. Suggest removal

Proguing says...

So many false statements from the realist. Putin is no dictator and Trump has been a lot tougher on Putin than Obama who gave Crimea to Russia and who did not bomb Assad because Putin forbid him to. As for Xi he loves Biden and has made of his son a multi-millionaire. On the other hand, Trump has been tough on the Chinese who copy all the US technology.

For NATO what Trump does not like is that the US makes the most financial contributions and the other countries spend little money on defense and rely on US protection. What Trump has asked is that the other members increase their contributions.

Trump BTW has signed more peace treaties than any other US president and has not started a new war like his predecessors.

Trump has also been good for the Bahamas. Clinton forced the Bahamas to sign the exchange on demand agreements and Obama forced the Bahamas to sign the automatic exchange of information agreements, thus ending banking secrecy in the country. The result has been the closing of many banks and the loss of hundreds of good paying jobs for Bahamians. Under Trump we had no attack on the financial sector, only the EU has been blacklisting us.

Obama opened Cuba to Americans and we were about to witness a major switch of tourists from the Bahamas to this new destination. Fortunately, Trump put an end to this. The result is that currently the major foreign investors in the Bahamas are US cruise lines. If Cuba had been opened all these investments and tourists would have gone to Cuba.

Finally, the US economy under Trump was booming which greatly benefited the Bahamas before Covid 19.

So you better wish that Trump wins again, otherwise a Biden victory would be a disaster for the Bahamas.

On Importance of US vote

Posted 25 October 2020, 1:55 p.m. Suggest removal

Proguing says...

Not really in this case as the debt is in US$. Taxes collected in the Bahamas are in B$.

On Bahamas pays high price over $600m offering

Posted 14 October 2020, 2:28 p.m. Suggest removal

Proguing says...

The problem with all this changes is that nobody knows what is authorized and what is not authorized anymore.

On Marinas struck by weekend 'havoc'

Posted 14 October 2020, 2:22 p.m. Suggest removal

Proguing says...

Without the Chinese there would be no Bahamar. The property is losing a million dollar a day, who is paying for that?

On Pointe’s Chinese workers fly home

Posted 13 October 2020, 7:52 p.m. Suggest removal

Proguing says...

Breaking news: WHO discourages lockdowns:

Dr. David Nabarro, the World Health Organization’s special envoy on COVID-19, urged world leaders this week to stop “using lockdowns as your primary control method" for blunting a virus surge.

“We in the World Health Organization do not advocate lockdowns as the primary means of control of this virus,” Nabarro told "The Spectator."

https://www.usatoday.com/story/news/hea…

On 68 new cases of COVID-19 on Saturday

Posted 11 October 2020, 1:34 p.m. Suggest removal

Proguing says...

The government is going for a interest rate of 9.25% for 12 years:

https://www.globalcapital.com/article/b…

https://www.latinfinance.com/daily-brie…

On Gov't gives 'notice' of main bond issue

Posted 9 October 2020, 1:52 p.m. Suggest removal

Proguing says...

Oil is an energy of the past. Look at the stock price of royal dutch and BP. They are at a 25 years low. And guess where they are investing now to save themselves? In renewable energy, got that?

https://www.washingtonpost.com/climate-…

https://www.barrons.com/articles/royal-…

Proguing says...

Please someone pass this on to the government:

South African Data Analysts: Lockdown Will Lead to 29 Times More Deaths Than Coronavirus:

https://summit.news/2020/05/05/south-af…

Leaked Study From Inside German Government Warns Lockdown Could Kill More People Than Coronavirus:

https://summit.news/2020/05/12/leaked-s…

Study: Lockdown “Will Destroy at Least Seven Times More Years of Human Life” Than it Saves:

https://summit.news/2020/05/26/study-lo…