Mining what? Saw that someone is continuing to break down one of the few remaining undeveloped hills in Nassau in Fox Hill. In one section, the Hill went from maybe 30-40ft to obliterated and it continues. Someone made some money right?
I think he's right. We don't have a big export market but we import almost everything. Trump hit all the worlds producers with tariffs, and he's threatening to levy a one mil fee on Chinese manufactured cargo ships.
Even if we establish direct trade routes with alternative markets their profits are down as the US is likely their biggest market and less is sold due to higher prices.
One option for them is to raise prices on the things that are selling or to countries like us who have to buy from someone, with VAT on customs duty and VAT on VAT pricing our costs could spiral.
God help the people retiring this week, their entire life savings were likely wiped out of their retirement accounts. "*Short term pain*"? Not likely. Bahamians stop blindly repeating maga rhetoric. The fallout is coming our way.
From cnn.com "*Stellantis (manufacturer of Chrysler, Dodge, Jeep, Fiat, Peugot...) says it has “paused production” at some of its Canadian and Mexican auto assembly plants due to the newly announced tariffs, and that as a result, some US workers will also be temporarily laid off.*"
People are losing jobs immediately, businesses will close, plants will close, rural towns will suffer, people will lose healthcare, some will lose homes and people **will** die.
I saw one story of a US importer who spoke about a 25,000 dollar additional tax bill to import fruits and vegetables because they had the unfortunate luck to have a shipment arrive between Trump implementing a tariff and then revoking it. The "*short life*" of the tariff didnt matter, the company was out 25,000 dollars they didn't have to spare.
I wish Bahamians would stop repeating the "*short term pain**" narrative. For some people their lives will be destroyed and it will take years to rebuild post Trump's term. There will be nothing "*short term*" about this for them and no Bahamian should cheer destroying lives to make a point.
How many times will minister after minister announce that they're "*reviewing procedures*" as the police ride past what everyone can see jet skid doing all kinds of nonsense near shore. Have they at minimum implemented an alcohol and drug testing program?
China will lose sales in its biggest market. What happens when sales in one line declines? The provider hikes up the prices in the other streams to stay afloat. Thinking there's some way to get out of the global fallout is akin to Tourisms positive spin in 2020 on "capitalizing" on high COVID rates across the world to lure tourists here. (Scientifically it was the dumbest proposal ever and noone gambling the lives of Bahamians in such a way with no real thought or understanding should be allowed in govt ever again)
ThisIsOurs says...
Mining what? Saw that someone is continuing to break down one of the few remaining undeveloped hills in Nassau in Fox Hill. In one section, the Hill went from maybe 30-40ft to obliterated and it continues. Someone made some money right?
Where is the sustainability plan?
On Thompson criticises govt’s Mining Bill over failing to guarantee benefits for Bahamians
Posted 5 April 2025, 5:57 a.m. Suggest removal
ThisIsOurs says...
From cnn:
"*In the words of another executive: “We’re just going to have to make fewer shirts and sell them for more money.”*
Yup
On Halkitis: Trade war fallout a bigger concern than 10 percent US tariffs
Posted 4 April 2025, 8:05 p.m. Suggest removal
ThisIsOurs says...
Btw, Trump is off golfing.
On Halkitis: Trade war fallout a bigger concern than 10 percent US tariffs
Posted 4 April 2025, 3:16 p.m. Suggest removal
ThisIsOurs says...
I think he's right. We don't have a big export market but we import almost everything. Trump hit all the worlds producers with tariffs, and he's threatening to levy a one mil fee on Chinese manufactured cargo ships.
Even if we establish direct trade routes with alternative markets their profits are down as the US is likely their biggest market and less is sold due to higher prices.
One option for them is to raise prices on the things that are selling or to countries like us who have to buy from someone, with VAT on customs duty and VAT on VAT pricing our costs could spiral.
On Halkitis: Trade war fallout a bigger concern than 10 percent US tariffs
Posted 4 April 2025, 3:13 p.m. Suggest removal
ThisIsOurs says...
God help the people retiring this week, their entire life savings were likely wiped out of their retirement accounts. "*Short term pain*"? Not likely. Bahamians stop blindly repeating maga rhetoric. The fallout is coming our way.
On Bahamas hit by 10 percent tariff by US
Posted 4 April 2025, 5:30 a.m. Suggest removal
ThisIsOurs says...
So every major producing country in the world including China takes a hit, but the Bahamas that imports everything is unscathed? Yup, makes sense.
On Bahamas hit by 10 percent tariff by US
Posted 3 April 2025, 7:58 p.m. Suggest removal
ThisIsOurs says...
Yesterday? With a gale force warning in effect? I hope they find them safe.
On Police search for two men missing at sea
Posted 3 April 2025, 7:54 p.m. Suggest removal
ThisIsOurs says...
From cnn.com "*Stellantis (manufacturer of Chrysler, Dodge, Jeep, Fiat, Peugot...) says it has “paused production” at some of its Canadian and Mexican auto assembly plants due to the newly announced tariffs, and that as a result, some US workers will also be temporarily laid off.*"
People are losing jobs immediately, businesses will close, plants will close, rural towns will suffer, people will lose healthcare, some will lose homes and people **will** die.
I saw one story of a US importer who spoke about a 25,000 dollar additional tax bill to import fruits and vegetables because they had the unfortunate luck to have a shipment arrive between Trump implementing a tariff and then revoking it. The "*short life*" of the tariff didnt matter, the company was out 25,000 dollars they didn't have to spare.
I wish Bahamians would stop repeating the "*short term pain**" narrative. For some people their lives will be destroyed and it will take years to rebuild post Trump's term. There will be nothing "*short term*" about this for them and no Bahamian should cheer destroying lives to make a point.
On Bahamas hit by 10 percent tariff by US
Posted 3 April 2025, 2:31 p.m. Suggest removal
ThisIsOurs says...
How many times will minister after minister announce that they're "*reviewing procedures*" as the police ride past what everyone can see jet skid doing all kinds of nonsense near shore. Have they at minimum implemented an alcohol and drug testing program?
On Visitor reportedly raped by jet ski operator at Junkanoo Beach
Posted 3 April 2025, 2:22 p.m. Suggest removal
ThisIsOurs says...
China will lose sales in its biggest market. What happens when sales in one line declines? The provider hikes up the prices in the other streams to stay afloat. Thinking there's some way to get out of the global fallout is akin to Tourisms positive spin in 2020 on "capitalizing" on high COVID rates across the world to lure tourists here. (Scientifically it was the dumbest proposal ever and noone gambling the lives of Bahamians in such a way with no real thought or understanding should be allowed in govt ever again)
On Bahamas hit by 10 percent tariff by US
Posted 3 April 2025, 4:18 a.m. Suggest removal