You got that right. As an economist, you should know that when you downgrade, and the reserves consists of hard currency fiat debt, the reserve level must increase to compensate. If they can't find more hard currency for the reserves (they had to borrow a couple of hundred million a few months ago), then the Bahamian dollar will have to be devalued. It will be interesting to see the juggling to hold that off.

Tal is one of those who profited off PLP cronyism. Calls it just business.

They just want to p*ss off the Americans, being 90 miles of Miami.

He's right. Swindling out Bay-Street-Boys the Bay Street Boys. Our first Prime Minister put white collar criminality on a new level -- drug running. It isn't a racist statement. Post-independence politicians can't keep their peckers in their pants and their hands out of the money jar. That's the God's truth. It seems that the slave mentality still prevails and prevents enlightenment, altruism and patriotism. You are part of the problem and not part of the solution.

They should have used the $340,000 that they paid to Neville Whizdumb for the granny-panties Christmas decorations to pay off some of the debt.

The ramifications are huge. If we get another hurricane Matthew, we will not be able to pay for the reconstruction. This will affect the amount of capital reserves that the country is required to hold to maintain the value of its foreign debt. This will push us closer to bond covenant default. We will have to pay more to import goods for infrastructure. This will curtail Foreign Direct Investment -- our country's creditworthiness is junk.

The PLP have spent money like drunken sailors. They have enriched themselves and destroyed the country. Baha Mar cannot save the country. The only thing that can save it, is a total diversification and re-deployment of the economy.

Specious argument. They not only voted for the person, they voted for the party. In the Westminster system, party takes priority.

Baited breath is halitosis. That is Bradley Roberts domain. Now if it were bated breath, it wouldn't smell as a bad as dead fish parts. I hate being the language cops, but like selling the country to the Chinese, someone has to do it.

Interesting that the pastors should take it upon themselves to meddle in the works of the government. After all, their own texts preach separation of church and state -- rend unto Caesar what is Caesar's etc.

The pastors represent but one brand of religion. There are many. And then there are the atheists. We are not a theist government -- we are a democracy with freedom for all to practice religion or non-religion as they see fit. The pastors for example, seem to think that they have moral authority over people like the Pope or the Dalai Lama or other religious leaders. The fact is, that they have the freedoms to believe and practice what they believe, but they do not have the right to impose it on a civil government. As for a Christian country, they haven't done a very good job of imposing a moral code -- with over 75% of the households in the Bahamas are of single mothers with kids from more than one father.

Now we are scraping at the bottom of the barrel for casino operators. Sigh ....

Don't try to outweird me now, you anger management nutbar -- I've seen stranger shiite than you, in the peas 'n rice that the lady sells from her trunk in parking lot of the marina on East Bay Street.