Do you think the Bahamas can make an economic recovery in 2017?

asiseeit 7 years, 3 months ago

A boat that has been sunk takes a while to be seaworthy once again, we have not even started to bail as of yet. First things first get rid of the Bahamian Mafia as our government!

Alex_Charles 7 years, 3 months ago

This government will not slash spending! it will hurt but for fuck sake we either slash the goddman budget or we race to all the credit agencies putting us a C and D ratings... then our only borrower will be the IMF which will systemically fuck this country to high heaven with the austerity measures and the removal of tariffs towards an income tax... on a potentially unpegged Bahamian dollar. the government would either bow to that OR we go for full Dollarization and abandon the Bahamian dollar like Ecuador did. But that puts a literal Glass ceiling on the economy and the banking industry virtually gutting the central bank to take marching orders based on the Fed reserve. Either way the standard of living plummets and inflation explodes since we don't make enough to feed ourselves. Our trade deficit is too high with little subsistence farming. our demand for foreign goods will be the death of us.

We HAVE to remove this government... but the problem is who the hell do you put in? opposition is a complete dumpster fire

proudloudandfnm 7 years, 3 months ago

We have two incredibly disfunctional political parties and a really jokey set of third parties. So, no, we cannot recover anytime soon....

MonkeeDoo 7 years, 3 months ago

It is as if Christie & Co think the Bahamas is a new Monopoly Game. They bankrupt the country and Christie still thinks he should be the next PM. The next Government had best have a full inquiry into how Christie, Halkitis, Davis and Maynard Gibson were able to completely run us out of business. Moody won't be far behind and after that its Hello IMF here is the situation.

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