Comment history

observer2 says...

We as Bahamians need to be more patriotic and appreciative our new Chinese investors and appreciative the PLP that has saved Baha Mar from ruin.

Please stop criticizing the PLP.

https://www.quora.com/Why-are-the-Chine…

愛國 is literally "love for one's country", like how children (should) love their mother. In fact, China is referred to as 祖國 (mother country, aka motherland) by Chinese all over the world. You can choose friends, but you cannot choose family. To accept one's cultural identity is to have an unconditional love for your family, especially your mother. Even if you think she is imperfect and not worthy of admiration, she is at least worthy of respect and adoration, especially in public.

observer2 says...

Devaluation will cut the cost of labour in US$/tourism terms. Thus making our labour intensive tourist product more competitive.

observer2 says...

1. Permanent deficit spending
2. Increasing deficits
3. Larger and larger total debt
4. Zero growth
5. High crime
6. Intolerance
7. Poorly educated students
8. Politician just concerned with creating a show

=

devalution at some point in the future

observer2 says...

The next Bank of the Bahamas.

Sell your stock or preference shares if you can find a buyer.

observer2 says...

...da company ain even mak'in no cash. it done pay out $3.5 million last quarter ta dem preference shares peoples dem. better be careful, da bank own by we stop payin da preference dem when dey run out a cash

http://tribune242.com/users/photos/2017…

observer2 says...

So let me see if I understand. The company now has $461 million of debt, dis highly paid clown wants we ta invest another $30 million in debt. So at the end a da day the debt ga be almost half a billion dollars. Oh my is right, da entire debt a da Bananas is only $7.5 billion.

Da company over 50% own by we government...y'all investors better be careful ya don't end up like da bank we own. Sound like ya ga need "resolve" ta sort dis out when it crash.

cable is crap, Netflex is much better. Internet always dropping and I scared to try Aliv. yinna better be careful

http://tribune242.com/users/photos/2017…

observer2 says...

the swiss will come, bahamians will show them a good time, then the swiss will go, and the national average will stay constant at D-

observer2 says...

1. What was the size of the Bahamian delegation?

2. Did they all fly first class to Rome paid for by the Public Treasury?

3. What was the total cost of this trip?

4. What benefit to the Bahamas was this trip?

5. How much do we pay all these Ambassadors?

The questions are relevant when it is clear that VAT needs to be increased to 15% after the election to cover the constant budget deficit.

observer2 says...

https://www.amnesty.org/en/countries/am…

Bahamian's shouldn't be surprised that little by little our basic human rights are being at best frustrated and at worse denied.

Take a look at the link above from Amnesty International of alleged human right abuses. Its makes any challenge to get registered to vote, getting a passport, getting a drivers license, voting No to webshops, voting No to women's rights or getting any type of document legitimizing your existence look like child's play.

observer2 says...

John, your argument as to why Ruperts sales are down beyond the simple "webshop" scape goat are excellent.

The stranglehold that Bay St merchants have on the economy will further be loosened once Amazon starts to operate in the Bahamas.

Right now the Bahamian market is too small for Amazon, the lack of house/street numbers makes it difficult to locate anyone and the massively complex custom bureaucracy slows down shipments so much that any perishables will surely perish via direct shipments from the US. Also the cost of buying in bulk currently is unaffordable to most.

I am sure these barriers will be broken down in the next couple of years.

Perhaps the webshops will innovate and proved an Amazon service as they have already created a parallel banking system disintermediating the Canadian banks.