What is it that the Bahamas is building? You are talking about a country whose debt to GDP is trending towards 90% by 2020. Even though the country's credit rating is a BB+ according to S&P but Moody's projection is a Negative one for the Bahamas. A whooping $580 million trade deficit (90 million exports - 670 million imports), 16% artificial unemployment rate with a real rate of north of 30%. Skyrocketing prices, tourism declining, welfare state, one of the worse school systems in the world aside from a High Literacy rate. One of the most corrupt government in the world with a history of crony-capitalism, worst place for investors to invest. Happy 44th Independence Bahamas!!! Something needs to be changed otherwise good Luck for the next 44 years if you still exist!
jjoseph says...
What is it that the Bahamas is building? You are talking about a country whose debt to GDP is trending towards 90% by 2020. Even though the country's credit rating is a BB+ according to S&P but Moody's projection is a Negative one for the Bahamas. A whooping $580 million trade deficit (90 million exports - 670 million imports), 16% artificial unemployment rate with a real rate of north of 30%. Skyrocketing prices, tourism declining, welfare state, one of the worse school systems in the world aside from a High Literacy rate. One of the most corrupt government in the world with a history of crony-capitalism, worst place for investors to invest. Happy 44th Independence Bahamas!!! Something needs to be changed otherwise good Luck for the next 44 years if you still exist!
On Governor General: Nation-building is an endless task
Posted 10 July 2017, 10:24 a.m. Suggest removal