This is yet another example of BISX reading stuff on the internet, and deciding to try it while not having a sound grasp of the underlying economic fundamentals of economics.
In many scholarly articles, crowdfunding is examined at an econometric level. For example in a paper published by Journal of Business Venturing, crowdfunding parameters are examined. The average crowdfunder is of age 25 to 44. This is the demographic that is struggling in the Bahamas, with high unemployment and shrinking middle class. Crowdfunding projects mostly succeed by narrow margins, or else fail by large amounts. Crowdfunding success appears to be linked to project quality and ability to go to market. With a non-convertible currency, high import costs and a very small population, the crowdfunded business has to get off the ground domestically in the Bahamas, which is among the world's worst for ease of doing business. From an opaque process of business licencing, to a regime involving bica, nib and other onerous tax obligations, the garden for small businesses is barren.
This is another one of Keith Davies cockamamie schemes for trying to remain relevant, operating a charade of capital markets, in a moribund economy with paper tiger regulators. What happened to the grand scheme of trying to sell commercial paper without a credit rating agency? BISX should simply be shut down.
When will the tourism people get a clue, that casino tourism is DEAD? Most people living in North America, and indeed around the world, can visit a casino within 100 miles of their own home.
The days of casino glamour in exotic places are dead. Back in the 1960's, there weren't many casinos and they were in exotic places. Now, no one wants to come to a 3rd world dump to bet money in dead casino. Have you ever visited the casino in Freeport? A funeral parlour was noisier.
Brilliant? He wasn't making a go of it in Florida, and came back here. I love reading you because each new sentence is a different way that you twist the truth. Man, if you applied your brain towards good, the Bahamas would be a better place.
John Rolle is a puppet and he is punching above his weight. He is a tacit and complicit member of the gang destroying the Bahamas. He is the master of the meaningless statistic.
Just like Donald Trump, Minnis will surprise. His team members, mostly all intelligent patriots (with the exception of a few low fences and dumb azzes like Renward, Edison etc) will come up with viable plans. They have it in them. They have the will to enact them. Some of the policy stuff that you will be hearing from the FNM will surprise.
The dangerous bit is that now the Central Bank of the Bananas (er Bahamas) has become the lender of last resort to the government. This would imply that it has exhausted its credit elsewhere. Central Bank Governor John Rolle has become Prime Minister Crisco Butt's uncritical cash monkey.
banker says...
This is yet another example of BISX reading stuff on the internet, and deciding to try it while not having a sound grasp of the underlying economic fundamentals of economics.
In many scholarly articles, crowdfunding is examined at an econometric level. For example in a paper published by Journal of Business Venturing, crowdfunding parameters are examined. The average crowdfunder is of age 25 to 44. This is the demographic that is struggling in the Bahamas, with high unemployment and shrinking middle class. Crowdfunding projects mostly succeed by narrow margins, or else fail by large amounts. Crowdfunding success appears to be linked to project quality and ability to go to market. With a non-convertible currency, high import costs and a very small population, the crowdfunded business has to get off the ground domestically in the Bahamas, which is among the world's worst for ease of doing business. From an opaque process of business licencing, to a regime involving bica, nib and other onerous tax obligations, the garden for small businesses is barren.
This is another one of Keith Davies cockamamie schemes for trying to remain relevant, operating a charade of capital markets, in a moribund economy with paper tiger regulators. What happened to the grand scheme of trying to sell commercial paper without a credit rating agency? BISX should simply be shut down.
On BISX: Commission’s Rules help to define SME ‘working space’
Posted 5 December 2016, 3:26 p.m. Suggest removal
banker says...
When will the tourism people get a clue, that casino tourism is DEAD? Most people living in North America, and indeed around the world, can visit a casino within 100 miles of their own home.
The days of casino glamour in exotic places are dead. Back in the 1960's, there weren't many casinos and they were in exotic places. Now, no one wants to come to a 3rd world dump to bet money in dead casino. Have you ever visited the casino in Freeport? A funeral parlour was noisier.
On Departing casino: GB tourism revival ‘may take months’
Posted 2 December 2016, 7:06 a.m. Suggest removal
banker says...
Brilliant? He wasn't making a go of it in Florida, and came back here. I love reading you because each new sentence is a different way that you twist the truth. Man, if you applied your brain towards good, the Bahamas would be a better place.
On Ex-minister the lead attorney for Baha Mar buyer
Posted 2 December 2016, 7:03 a.m. Suggest removal
banker says...
John Rolle is a puppet and he is punching above his weight. He is a tacit and complicit member of the gang destroying the Bahamas. He is the master of the meaningless statistic.
On ‘Worrisome’ rise in Central Bank support for Govt
Posted 1 December 2016, 11:34 a.m. Suggest removal
banker says...
Just like Donald Trump, Minnis will surprise. His team members, mostly all intelligent patriots (with the exception of a few low fences and dumb azzes like Renward, Edison etc) will come up with viable plans. They have it in them. They have the will to enact them. Some of the policy stuff that you will be hearing from the FNM will surprise.
On Minnis: March has made me a changed leader
Posted 1 December 2016, 11:30 a.m. Suggest removal
banker says...
The dangerous bit is that now the Central Bank of the Bananas (er Bahamas) has become the lender of last resort to the government. This would imply that it has exhausted its credit elsewhere. Central Bank Governor John Rolle has become Prime Minister Crisco Butt's uncritical cash monkey.
On 37% deficit rise creates new Govt ‘straitjacket’
Posted 1 December 2016, 10:49 a.m. Suggest removal
banker says...
There are contracks and then there are contracks. But these vulgar things by Neville WhizDumb are crimes against good taste, humanity and Christmas.
On Ho ho hum? Christmas decorations get the thumbs down - as former minister gets the contract
Posted 1 December 2016, 10:39 a.m. Suggest removal
banker says...
At least there are no white nasal boogers in this picture of the stubby-fingered vulgarian. Thank God for small mercies that we don't have to look at.
On Deputy PM raid case is dropped
Posted 1 December 2016, 10:36 a.m. Suggest removal
banker says...
The tree wraps look like ole Neville Wisdumb stole the petticoats off Mother Millie Sands, the Bush Tea lady who used to be a regular on ZNS.
http://tribune242.com/users/photos/2016…
On Ho ho hum? Christmas decorations get the thumbs down - as former minister gets the contract
Posted 30 November 2016, 9:48 p.m. Suggest removal
banker says...
Looks like a ten year old (or birdie or a whiskey-drunken Tal) designed them.
On Ho ho hum? Christmas decorations get the thumbs down - as former minister gets the contract
Posted 30 November 2016, 2:59 p.m. Suggest removal