OK.. according to your figures we have $9bn in debt and $3bn in foreign currency. So I assume that means $6bn in local currency even though the local circulation is only $300m. Well banks normally create money , so more local borrowing is possible at the risk of inflation. However that does not solve the problem of foreign debt payments. Foreign interest will gladly loan us money that they know we cannot pay back in order to get legal control of our resources (airport, docks, NIB, Hospital, BPL, etc). I disagree with your statement about the foreigners doing us in because that is exactly what they are doing and have been doing since inception. We are only a playground providing sleazy but glitzy services.

Everyone should get a copy of " Who Owns the World: The Surprising Truth About Every Piece of Land on the Planet" by Kevin Cahill and Rob McMahon. After reading that you will understand that in the Bahamas the Crown owns all of its land - we only have the right to use and occupy it re 'in fee simple'. So how can you take something that is not yours? Both South Africa and Dominica are Unitary parliamentary republics and are members of the Commonwealth of Nations headed by "The Crown". The queen is only the face of the crown. Talks about republic versus communism versus democracy are just concepts to immerse and engage to obscure the true reality.

Chucky - Seems that you have fallen for the belief of so called evolution. It is a sorry state where one imagines that we are here by chance and consequently there is no ultimate evil nor ultimate good. Therefore, you assume that you can do whatever you want without accounting to a Supreme Being. Just get yourself a copy of Nature's IQ, by Balaz Hornyansky and Istvan Tasi; this is just one publication that dismantles Darwin's theory and it is filled with lots of pretty pictures.

This life is a classroom in which we are tasked to develop and live by righteous discernment. The adversary is an extremely intelligent and crafty evil supernatural being that is ruling this realm; he has put its systems in place and has indoctrinated many to believe in either the wrong god or no god at all. Obviously, you are failing and will be reincarnated back here after the coming Golden Age.

The big picture is that there is a Supreme Being overlooking this realm; one who gave us free will, but punishes when it is needed. The Abaco oligarchy has destroyed many lives, and now the Supreme being has intervened. In a vision from the Supreme Being I foresee Abaco being totally abandoned in the years to come.

alfalfa - I agree that the statement is nonsensical, and it shows a lack of knowledge on the ministers part. I have repeatedly posted in this forum that the Bahamas is on the verge of food shortage and starvation due to

- extreme weather conditions destroying crops worldwide; nasa has recently confirmed that we are in a grand solar minimum (GSM) period which causes exterme weather. Some say the (GSM) extreme weather will last for 10 years.

- rodent and locust infestations in various countries including the usa

- the plandemic has caused farmers to destroy crops and livestock; many field workers and meat packing workers etc are sidelined so less food is available worldwide.

Also, the unrest in the usa is projected to become worse in November and continue until possibly September 2021.

This minister represents the government which makes his statement and the government's position unreal.

The system we live in was devised and implemented by extraordinarily crafty and intelligent beings. They have given us our history, beliefs, government, education, etc.. Basically we are limited to information and ideas based on what the system permits us to have. A person with a vocabulary of 400 words can only think of the world in terms of those 400 words. However a person with a vocabulary of 200,000+ words can think of and express ideas the limited person cannot understand. Our inherited system intentionally limits information and opportunities to the lower class individuals like us in the Bahamas, so with its indoctrination (and our limited mindset) we will mindlessly continue their system.

Great points Porcupine, as the average Bahamian do not understand the extent of the dumbing down. When compared to the external competition our leaders are like kindergartners competing with a professional football team - the same team that designed and created the football game (the field, the football, and its rules).
The turf of the field is composed of an intricate tapestry woven with the threads of the United Nations, Secret Services, The Crown, City States, The Bank for International Settlements (Basel), Mafia and Other Criminal Organizations, armed forces, International Corporations, NGOs, etc.... The kindergartners do not even conceive that there are relationships between those threads let alone understand their true functions. The football is made of banking, capitalism and the stock market. Our ignorant ones do not fathom the functioning of the ponzi scheme called capitalism and the casino called stock market; both controlled by the competition taking the roles of houseman and initiator. Our leaders are hopelessly outclassed as the competition keeps them ignorant of the true system.

The Bahamas is not ready for the big time as its leaders are insecure psychopaths who surround themselves with sycophants and others who are of lesser intellectual capacities. When succession in leadership positions in the political circle and high level managerial positions in the government owned corporations occur, the position is normally filled by a person with lesser intelligence than the person making the appointment. This ensures that the BOSS is always smarter than his underling. Consequently, after decades of this type of appointments, the leaders of both political and corporate have gotten basically dumber and dumber. Today, these supposed leaders do not truly know, would not recognize, and could not appreciate a naturally intelligent person. By excluding intelligent Bahamians who would question and improve the system, the entire Bahamas has been dumbed down.

This may be the domino that starts the chain reaction.

Our economic system of capitalism is based on forever expanding - so what does this revelation about Ponzi schemes say about our beloved economic system?