Comment history

realitycheck242 says...

Good move Central Bank with the BOB commercial loan Ban , This country cannot afford a repeat of the Resolve Bahamas Commercial problematic loans portfolio or the likes of more Leslie (potcake) Miller's getting loans due their political connections.

realitycheck242 says...

****"So far nobody has put in any equity yet," he said. "We're supposed to put in equity. There's a strong possibility that it will be fully debt financed."****

Mr Kutman ... how can you publicly make such a statement. The Bahamian people are not fools. . The Bahamas Investment Fund and the non-profit Yes Foundation are an integral part of this port arrangement with the Bahamian people. The ordinary Bahamian must get the opportunity to purchase equity. We will not be swindled, retract that statement.

On Cruise port's $25m in 'delay draw' deal

Posted 23 September 2020, 5:54 p.m. Suggest removal

realitycheck242 says...

"Mr Wells, pointing out that interest payments on the Bahamian dollar debt were "at our discretion", said NAD had exercised its option not to make these payments to the likes of the National Insurance Board (NIB) and other investors until its cash flow returned. No payments have been made since June 30, and the NAD chief said they were only likely to resume "towards the end of next year" at the earliest."

No prob, just accumulate the deferred interest until you are able to resume the payments.

On NAD seeks waiver over $370m debt

Posted 22 September 2020, 3:37 p.m. Suggest removal

realitycheck242 says...

"Intellectually, our people as a collective have not been adequately prepared for the world we live in today. Navigating the various systems that are in place takes a level of awareness and adaptation which can be fairly daunting to those not familiar with associated nuances"

**Very true words**

On Bahamas and the pandemic

Posted 25 July 2020, 6:58 a.m. Suggest removal

realitycheck242 says...

What does this all means for the future of the Bahamain Dollar and other world currencies peg to the US Dollar ?

Western countries can collectively stall the growth of the China 2025 plan by moving their companies to other Asian production markets. China reputation is taking a hit globally because of the cronavirus. There is hope for the USA because the china belt and road initiative is now being viewed as nothing but dept trap diplomacy by many African Asian and South American countries and many governments are now opposing china's investment in vital infrastructure after the situation where china took over the port of Djibouti because of default payments.

History is filled with the fall of many great empires but to the writer of this letter i just want to say that no Empire in ancient history that fell had Nuclear weapons, so the USA like Russia will remain great powers well into the future. Other countries around the world will just have to choose between Democracy or communism. The human spirit was made by god to be free. Even if the Dollar Collapses as you predict. Cryto currencies would have evolved and matured and become regulated by all central banks of the world and the free world will always win.

On Dollar collapse

Posted 4 July 2020, 7:01 a.m. Suggest removal

realitycheck242 says...

Good facts in this letter...Facts omitted that the writer may not be aware of is that Haitian squatters on the Land above the water table in north Andros is responsible for contaminating the Water Table with E coli bacteria caused by their unsanitary practices. This is being compounded by the new arrivals from the shanty towns in Abaco who have relocated to North Andros.

On Time to think of our children

Posted 1 July 2020, 6:06 p.m. Suggest removal

realitycheck242 says...

Why list this Bond issue all the way in Singapore ? Sounds like BPL has a credit rating issue on Wall street !

On BPL’s $535m bond in Singapore listing

Posted 18 June 2020, 5:11 p.m. Suggest removal

realitycheck242 says...

The Bahamas needs to implement for all tourist entering this country a‘ **stay in zone’ measure policy** until test results are recieved.. they will remain under the ‘stay in zone’ measure. and stay at their respective hotels until covid - 19 test results are recieved If they came from high risk areas . A positive test should result in being sent to a quarantine area at their hotel.

realitycheck242 says...

same thing i was thinking ......Mudda change his name on us .....haha

On Baha Mar eyeing 15-20% job cuts

Posted 16 June 2020, 8:32 a.m. Suggest removal

realitycheck242 says...

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