The Debt Crisis Affecting the Caribbean

Submitted by Bruddah-Bim
Gerard Johnson, General Manager at Inter-American Bank (Caribbean)

Gerard Johnson, General Manager at Inter-American Bank (Caribbean)

Al Jazeera just issued a report detailing the “Silent Debt Crisis” that is currently gripping the Caribbean. The Governor of the Inter-American Development Bank for the Caribbean, Gerard Johnson, was invited to offer his opinions as to how the Caribbean can change its fate. It pains me to say (though with little surprise) that Mr. Johnson has offered little (if any at all) insight and ideas as to how the Anglo-Speaking Caribbean can further develop their economy. You can watch the segment here via this link:

It was clear that he had no vision whatsoever; seeing as how Mr. Johnson kept on preaching for the smaller island nations (i.e. Barbados, Antigua, Dominica, St. Kitt’s, etc.) to “seek ” flight shares from Latin America instead of simply relying on the northern economies; and also hinted that the Caribbean further extend itself as a service based economy by continuing to perpetuate the status quo by calling for more “call centers” in the region. This man clearly lacks any kind of insight for it would seem that he has already detached himself from the region and has made himself VERY comfortable in the U.S. A man with such little insight as to how to remedy this financial situation is DANGEROUS. Johnson didn’t seem too concerned as he used this excuse “It doesn’t take much to spur growth in an island with a population that’s [a few hundred thousand]. But what this “educated” fool failed to mention was that in a region that is home to groups of islands home to several hundred thousand people respectively cannot compete in the same industries on a regional level. And it would be foolish for the Caribbean countries to continue to follow the protocols laid out by the Inter-American Development Bank, World Bank, WTO, and the IMF alike for it has led to the region’s persistent economic decline for the last two decades.

Related Article: Debt: Trouble in paradise

That being said, it should be made CLEAR to the Caribbean people that the global financial woes that is currently poking at the global economy will not be letting up any time soon, and that in order for the Caribbean to be able to avoid becoming the next “Africa” (by means of economic lagging) we need to SHIFT our economies as a REGION from a SERVICE based bloc into a PRODUCTIVE bloc. I have made many calls as to how Barbados can potentially salvage her economy. The same can be made possible for the greater Caribbean. IF the Caribbean adopted a model of administration that was reminiscent to that of the E.U. and A.P.E.C.; then the Caribbean can better poise itself economically and politically within the global community.

CARICOM needs a wave of reforms in order to achieve this. Instead of the Caribbean competing with itself in the same industry, we need to understand that we MUST work together as a region in order to survive and become relevant. The Caribbean should be further engaging Latin America on a serious level in terms of making strategic partnerships with Latin America government and corporations alike. In fact; it should be on the agenda of Caribbean leaders to ensure that they engage Latin America NOW seeing as how it is home to some of the world’s fastest growing economies. For one, Caribbean governments should be focusing on engaging local Caribbean investors to enter ventures with Latin American investors. Particularly through MANUFACTURING, TRANS-SHIPMENTS, TELECOMMUNICATIONS, and MUTUAL Finances.

What am I getting at exactly?

I am positing that CARICOM should poise itself as a partner of the Union of South American Nations (AKA UNASUR) by first establishing CARICOM as UNASUR’s Manufacturing center. There are many industries which require manufacturing and the Anglo-Speaking Caribbean has the capacity to reach such demands. CARICOM needs to strategically parse out which industry/ies a particular island can manufacture for in order to limit the chances of Caribbean islands competing in the same industry; thus establishing a model of mutuality. This would then engage the transport/trans-shipment industry for the manufactured goods made by Caribbean companies for Latin American corporations and would then be exchanged. This would then further the growth in telecommunications between UNASUR and CARICOM (becoming a potentially Highly profitable market); which would then lead to the establishment of financial ties that would be MUTUAL as opposed to being subservient as we have seen with Europe’s and N. America’s “Offshore Banking” schemes.

It really frustrates me that ABSOLUTELY NO ONE in the Caribbean governments seems to be serious about how urgent this situation is. And it further IRKS me that West Indians would rather be preoccupied with mundane matters such as pedalling Homophobia, Elitism, fashion trends; and etc. Unemployment is on the rise in the region. West Indians need to WAKE UP to this reality with a quickness or else we will STARVE! Bajans need to be more proactive and seek a better formation of the CARICOM. We have a Fast growing Youth Population that has no real Future.

I wish Bajans were as keen on talking about bettering our socio-economic as well as political development as they are so keen as to share their unbridled opinions on insignificant issues such as the “morality of Homosexuality”. If this article doesn’t scare you into reality; then ALL WEST INDIANS (not just Bajans) might as well kill themselves off in a desperate bate to stave off starvation when the poverty settles in on a regional level.

94 thoughts on “The Debt Crisis Affecting the Caribbean

  1. This guy paints a picture which with have seen on Bu many times. Caribbean countries must grow or die but how can we given our present economic fundamentals?

  2. Thank you Brother David,
    The question should aso be “Are West-Indians Prepared to face these truths? Or will they simply skim over this piece (as usual) and hope that their woes impending woes do not come into fruition.

  3. The PDC has recently evolved twelve fundamental principles concerning money and its uses in Barbados.

    These principles are very critical to a future coalitional government of which the PDC would be part of putting in place substantial ideological political programs to help bring about in the long term the elimination of all politically psychologically controlling debt that has arisen from the use of local money in whatever contexts in this country.

    To help bring about such a situation in Barbados such a coalitional government shall make sure that, et al, there is the Abolition of Interest Rates in Barbados, and the Abolition of all so-called Institutional Repayable Loans in this country.


  4. @ PDC

    Now how exactly are you tying in your political manifesto to a call for Caribbean governments to reform CARICOM? I fail to see the relevance….

  5. I don’t think he read the part where Caricom was advised that they must come together as a unit, respect each other and work as one.

  6. @ Well-Well

    You make a point. I feel that this a chronic condition of the PDC, despite her/his good intentions.

  7. Bruddah…………to see what’s really going on out there, you must be prepared to have a wide open mind and vision with a lot of scope.

  8. @ Brother Well-Well

    I am more than ready! I want everyone from the attorneys, to hotel managers, to the basic street vendor to hear my pleas. It can only happen with the help of my brethren in Bimshire currently!

  9. @ new Blood
    I didn’t catch your very last word… What was it again? If it was “Futility”; then yes my brother, it is indeed.

  10. If the English in their 19th century heyday could not get their transplanted to effect a Union of these islands viz Barbados and the Windwards/Leewards,Barbados and Tobago,and failed again in the last century to effect a Union of a Federated West Indies with flag,anthem,
    university,airline,two ships,an army,a diplomatic corp,a Prime Minister and a Governor General,and then an internal attempt by politcal heavy weights like Barrow,Burnham,Williams,Bird and Manley to get Carifta/Caricom off to a fair start only to be stalled by myopic UWI graduates,all of whom want to maintain their little kingdoms of power, it’s all bad news for the English speaking Caribbean.We will get no where fast looking south owing to language and historicity.We are in a doomed state.Independence of individual states has seen to that.We seem to be happy drinking rum,smoking ganja and jumping and down every month in a carnival of some kind led by drugged politicos.

  11. Gabriel………….have faith, i believe in the saying money makes the mare fly, the population in most of the Caribbeans are not as resilient as our ancestors were, a little starvation will cure them of their insularity.

  12. @ Gabriel Tackle

    THis is truly a given and has been noted. But if CARICOM were to reform itself along the lines of APEC and the EU, then there is a strong possibility we will see a shift in attitudes. The problem with the Federation of the West Indies and CARICOM are almost virtually the same. The main issue for all island members is that they want for there to be a representation of themselves across the board. In terms of Flag, administrative/judicial motions and decisions, economic and national development, while at the same time maintaining political and cultural autonomy. If CARICOM rid itself of a single general secretariat and vied for an administrative cabinet comprised of an odd number of member states; each state would get even representation (and it will ensure even distribution of all resources whether economic, political, administrative, and militaristic, etc.).

  13. This dude must be smoking a special kind of weed. The tiny, high income Caribbean is to turn its back on the niche services that serve it increasingly well (despite the TEMPORARY recession) and turn itself into the manufacturing hub for South America (huge, brimming with people and much lower wages)?

    Caribbean countries need to continue evolving away from agricultural and primary industries, FORGET manufacturing and secondary industries and maximise their advantages in tourism and international services – the most promising industries on earth.

    Moreover they must do this as sovereign states and forget this “West Indian” pipe dream. Greater integration makes no economic sense and is simply something with sentimental appeal to some in the region.

  14. Bahamared……………believe it or not, what you are saying is what is killing the island right now, they have vampires and leeches to contend with.

  15. If they don’t focus on food security and stop the importing of garbage to feed their people, that is it. They also need politicians with backbone who are not easy to bribe.

  16. @well well,

    I agree with you totally on gay rights, but our view of economics are at quite some variance. Why (and how) could a country in our region ever try to achieve “food security”?

  17. @ Bahamared
    I smoke God’s Grass if you are so curious to know the strain of weed I’ve been inhaling as of late.
    I find your posit both hilarious and reflective of your ignorance. LAtin America does not just Comprise of South America. UNASUR is comprised of observer states in tCentral and North America as well Namely MEXICO and Panama. Do Your Homework. Argentina, Chile, Uruguay, Brazil, Mexico, Panama, Colombia, and Bolivia and increasingly Peru and Ecuador are growing at Rates that in fact SUPERSEDES the regional development of the anglo-speaking caribbean. THat being said, the BRICS formation is expected to include more south american nations as they develop rapidly. CHile, Argentina, and Uruguay combined have a standard of living and economic foundation that is BY FAR mor solid than that of the Caribbean. Tourism and offshore banking (two industries that are solely owned by Europeans and North Americans). THat is not putting food on the table. And only a fool would say that a nation should place more emphasis on developing in service economies at the expense of forming a foundation for its people through agriculture and manufacturing. You seem to be ignorant of the fact that the fastest growing tech houses are in Latin America Today; Namely Brazil, Mexico, Argentina, Chile, and Uruguay. Do your homework. Otherwise, I will simply dismiss you as a peddler of ARCHAIC, UNFOUNDED, and UNTRUTHFUL IDEAS; AKA a direct product of colonialism. WEST INDIANS ARE REALIZING NOW THAT TOURISM ALONE DOESN’T PUT FOOD ON THE TABLE, ESPECIALLY IN A REGION HOME TO ALMOST 70,000,000 PEOPLE!

  18. @ Bahamared
    I suggest you take some classes in BOTH Micro as well as MACRO economics before tangoing with me successfully.

  19. @Bruddah-Bim

    I am not only aware, but personally well acquainted with most of the countries you speak of, spending a lot of time in Argentina and Chile especially. You are correct that they are beginning to grow at good rates compared to the developed world. But that is only to be expected considering their far lower levels of development. It does not mean that it would be wise to abandon the services that have made our region increasingly successful and join them in their upward trajectory.

    As to your apparent hang up with financial services, which you claim are “owned” by Americans, this is simple ignorance. Financial services are just what the name implies: SERVICES! They are owned by nobody. But by competing in them, we give ourselves as good a chance as anyone of profiting from the most obviously dynamic industries.

    We are lucky in our region to be comprised of small, mostly successful economies, which is a model that your BRIC champions would die to emulate if only they could.

    You go join UNASUR, my friend. I will respectfully decline and continue to reap the benefits of competing in international services, catering to all and any markets.

  20. @Bruddah

    Tourism doesn’t put bread on the table? Go ask Las Vegas, Macau or indeed the Bahamas. I have yet to hear of anyone from my country migrating to Brazil, Argentina or China for work, but know of many examples of the other way around.

  21. @ Bahamared
    Judging from your name, I’m assuming you’re a Bahamian. Indeed tourism and offshore banking is working to your favor seeing as how you are in favour of the American tourist and increasingly British and Canadian. But be warned; it is only ephemeral. THe Bahamas will eventually lose its charm and soon they will be in a situation similar to that of the rest of the Anglo-speaking caribbean; TONS of DEBt from loans, a stagnating economy, and little growth prospects. As stated previously, a region that is home to almost seventy million people cannot survive on tourism and offshore banking alone. And correction Mr./Ms. Bahamared; virtually ALL tourism corporations, cruise lines, and OFFSHORE banking companies are owned OVERWHELMINGLY by North American AND EUROPEANS alike. Get YOUR facts straight and do your homework. MANUFACTURING will help to alleviate unemployment (WHICH IS HIGH in your so-called “Successful Caribbean” and is growing). Government debts on a regional level are superseding 30% of GDP for virtually every anglo-caribbean nation. that is most certainly NOT development. WHERE are YOU getting your fact from, (assuming that it is not from your Arse)?

    “which is a model that your BRIC champions would die to emulate if only they could.”

    THe Prime ministers of Brazil, Argentina, Mexico, Chile, and Uruguay would jointly laugh at your ignorance while slapping you across the face with their pesos and reals. You clearly do no know what you’re talking about so do urself a favour and cop out before you get SCORCHED!

  22. @ Bahamared
    LAs Vegas and Macau or Both DEPENDENCIES of the U.S.A. and CHina respectively. TRY AGAIN. We are talking about SOVEREIGN DEBT CRISES!

  23. @ Bahamared
    How the hell can you be so wrong on the gay issue ….and so exactly on point in this area? 🙂

    Excellent points on the futility of CARICOM and on the uselessness of even raising the option at this time. Also on the nonsense of comparing growth rates without considering existing level of development.
    It is obvious that a country starting from a very low point will experience higher nominal RATES of growth that another at the upper section of the development index….

    You have probably lost Mr Bim however. He is still of the opinion that we should “all learn to get on with each other” – and all will be well….

  24. Bahamared……………..i was busy with two idiots on another thread, but it is really not in Barbados’ best interest to have a nearly one billion dollar annual food bill and climbing, particularly will they also have an epidemic of noncommunicable diseases………….in my view, they would be much better off growing the bulk of their food or getting it closer to home, namely other caribbean islands. In addition, the bottom line is they cannot afford to import anymore, tourism will soon be a thing of the past with the world in upheaval, so there are few options.

  25. LOL. Ur the ass. Mind you Fewl, that I stated and I quote “Indeed tourism and offshore banking is working to your favor seeing as how you are in favour of the American tourist and increasingly British and Canadian. But be warned; it is only ephemeral. THe Bahamas will eventually lose its charm and soon they will be in a situation similar to that of the rest of the Anglo-speaking caribbean; TONS of DEBt from loans, a stagnating economy, and little growth prospects.”

    20 years ago, Bajans were making the same posit that you were. NOW they are eating their words in a bitter mood. THe Bahamas will soon enough Fall victim to the crisis. Don’t you worry. When the Americans stop coming, you will see how “resilient” your pathetic little economy will be.

  26. Bruddah Bim

    You have now put your ignorance and stupidity on display for all the world to see.

    You say: “The Prime ministers of Brazil, Argentina, Mexico, Chile, and Uruguay”. (I copied and pasted that).

    Now what is wrong with that statement? Well, only the dumbest stupidest most uneducated, untraveled moron would not be aware that the countries you list have never had a Prime Minister in their histories! They are republics with executive presidencies.

    Do you actually find people listening to your wisdom on this site? If so, I have some Nigerian clients that would like their contact details.

  27. @ Bush Tea

    I don’t think you want to take that route with me Bushie. I will fly over your head with so many ideas that I fear that it won’t register. And jusdging from your previous bates with homosexuality; i’d say that you should very much stay in your lane. Which is the morality of HOMOSEXUALITY!

  28. Bahamared………… also have to take into consideration that your country has 700 islands, tourists can close their eyes and pick any island and it will be beautiful with pretty beaches and they can also island hop and the money will still be in the Bahamas. Barbados is one small island and truthfully it does not have that much to offer if you are comparing it with other destinations, it will continue to fight with the likes of Cuba and Dominican Republic while being an overly expensive destination.

  29. The most successful economies in our region are those that concentrate on services. Anyone who is tempted to listen to this idiot just needs to pick up the most basic statistics and see the inanity of his analysis. Guyana would be paradise if his recipe were followed and Bahamians would be migrating.

  30. @ Bahamared
    focusing on the fact that I had mislabeled the terms for the HEADS of states for the aforementioned countries is both a WEAK and CHILDISH pull to make and argument. Truly Pathetic. Rather than focusing on my semantics, CRITICIZE the contents of my piece (as you have foolishly tried).

    “Now what is wrong with that statement? Well, only the dumbest stupidest most uneducated, untraveled moron would not be aware that the countries you list have never had a Prime Minister in their histories! They are republics with executive presidencies.”
    Again, Childish and mundane compared with what is under discussion. STAY FOCUSED. I know that you’re trying you’re best. But you need to focus!

    “Do you actually find people listening to your wisdom on this site?”
    Thank ypou for calling my ideas ‘wisdom’ (those were your words, not mine). And seeing as how my piece has gathered over two dozen responses; i would have to answer “Yes”. ANd do forward your Naija friends to me, I have PLENTY of SUGGESTIONS for how they can transform NIGERIA!

  31. Bahamared…………barbados has found itself in a bind like other islands with debt, but worse for the island is they do not focus on growing their own food, the other islands do, hence their annual food import bill is astronomical, tourism is down, tourists are looking for bang for their bucks, they will not get it in Bim. they are more dependent on British tourists than any other, England is in financial shambles, so they must look at other options until things get better at least. You can’t have services if there is no one to service, the planes are not as full as they used to be and people will still have to eat.

  32. Brudda-Bim
    When I say Anglocaribbs I mean the English speaking Caribbean.
    Georgraphically we belong to the Central and South Americas.Culturally we Anglocaribbs have a peculiar and irrational reverence for easy living and every occasion is a fete.We are identified by steelpan music and pidgin English.
    We do not appear a serious people.So no one is going to make the first move to bring together all these Presidents and Prime Ministers and encourage them to form some kind of legal union within a larger block of an extended Nafta union.I think a former Prime Minister of Barbados Erskine Sandiford had an idea of a Parliament of Caribbean States or some such body but it went the way off all flesh as his political fortunes waned and finally perished.The idea is a good one but short of being forced into such a state by unknown circumstances,Political Will and Funding would seem to be in short supply at this time.

  33. Bruddah………………………i am warning you, there are jackasses on this blog who spend the whole day counting other people’s posts and tell you when they think you are posting too many, they also aggressively attack you for it……….the blog is alive with idiots. Don’t say you were not warned.

  34. @ Gabriel Tackle

    Yes Brother Tackle, I am well aware that you were referring to the english speaking caribbean (hence your use of the term ‘anglo’). I would agree that the funding maybe limited; but the incentive is there. IF we as a region do not unite, we will be left at the bottom of the global economy and continued to be forgotten. THe West Indies as a region has no political or economic clout. THis is why larger nations are able to impose their will upon us through multinational organizations (ie. IMF, WTO, WB, etc.); which are funded by our previous oppressors in a supposed post-colonial era. We need to unite under a Supranational banner if we are to take control of our future. and we do so by pooling our resources. the E.U. was formed shortly after WWII and virtually all western european natons at the time we DESPERATELY BROKE. but they pooled their financial resources together and are NOW a supranational power both politically and economically (rivaling the likes of the U.S.). It can happen. It just takes time, strategy, coordination, and consistency!

  35. @ Well-Well
    Warning heeded. I’ve just about lost my patience with the addlebrain known as “Bahamared”

  36. Bruddah……………don’t lose patience with Bahamared yet………….he is from a group of islands that number 700, it’s completely different to what barbados will be experiencing although i know they had some very hard times a year or two ago when hotels closed, nevertheless, they still have 700 islands, there are many for tourists to choose from.

  37. @ Well Well
    700 islands the Bahamian government can sell off to tourists with ease should time call for it. But the dunce didn’t bother to ask if whether the government in Nassau would also sell of the people with such a quickness. And the truth is; THEY WILL!!!! should the time call for such a motion.

  38. Bruddah…………..these are terrible times, i wish some of the people in Barbados would take it seriously though instead of spending hours upon hours gay bashing and contributing absolutely nothing useful to change the growing dynamic that is disaster heading their way…….all you hear from them is buller, hee, hee, bulling, hee, hee, bashing and bashing, i hope they won’t ultimately have to end up cleaning up after these same gay people.

  39. @ Well Well
    Hey already are my brother.
    I think at this point we will have to pray that our sons and daughters do not sell their bodies to “service” ( as Bahamared is pushing for) the gays as a result of the gays having money (at least the ones that are able to travel).

  40. Well said Bahamared!

    One Caribbean will never happen. We are all individual countries with different agendas. What we should be doing is concentrating on what we can be doing for our country to move forward. We could start with getting government to work. We have a situation now that is disastrous. No decisions are being made at any level – we have a stalled state.

    On being the hub for south America manufacturing – what grass is he smoking? Really, I will now skip all his comments after that really ignoramus stupid one. God, really, we would not even get it here in Barbados as Trinidad is cheaper to operate in, that is where it has all gone (even from Barbados) already. Barbados cannot compete in manufacturing – we just can’t. If anything why not go out there and start building something Bruddah-Bim – see what the cost are and if you can sell any at the high price it will cost you if made in Barbados.

    Finally, tourism and financial service industry – Right now it is what we have, the fact that the numbers are down in tourism does not mean that you walk away from it as being implied in above comments – tourism is the largest industry in the world and grows every year. Without tourism Barbados will have big problems as our economy is based mostly on that right now – anyone living here understands that. The thing is that those in power have done a bad job over the past years at preparing us for the future which is here now. There is no plan for the future and there is no real new development taking place. We need to stop paying customers to come to our island (as is being done right now) and develop something that they would want to come to experience. Lets start with the crime, overall service attitudes, overall run down look of the island and hotels. Oh and we need to do marketing of what we have right now to start a turn around – sorry the “big” Rihanna promotion articulated by our Minister for tourism seems to have failed as visitor numbers drop – but it really highlighted Rihanna pretty – after all it was her people who did the whole campaign I understand.

    We are competing with destinations now like Mexico, Las Vegas, Miami, Orlando, Europe, further on and of course other Caribbean Islands. How will we clean up our island and make it a desirable place to want to come to – even over Christmas the number of BIG names coming here were slim compared to other year. Simple fixes will not work now, we need some BIG ideas for the future – but the present leadership seems incapable of that.

    Anyone who says to walk away from these two industries really does not understand anything and is not worth reading or taking seriously!

    Anyone who says to concentrate on manufacturing right now should go and try making a run at it and see where you are in a years time – bankrupt.

  41. @ BIG MAN
    BIG MAN seems to be an even bigger ass. No one is positing that BImshire ditches tourism and banking; I am positing that there needs to be more emphasis on developing our nation’s DOMESTIC industries. We ditch the foreign own companies by supplanting them with local ones you ass. I’ve been making this posit for years. Here’s a direct snippet from a piece I submitted to BU last year :This is an appeal to you constructed on behalf of the Barbadian people and the security of their economic future. Because we CAN NO LONGER COMPETE WITH COUNTRIES LIKE MEXICO AND OTHER MORE REPUTABLE TOURIST DESITINATIONS> GET WITH THE FRIGGING PROGRAM; BARBADOS HAS LOST ITS CHARM AS AN OVER TOUTED DESTINATION FOR TOURISTS.

    Outlined is a strategy that the government can implement in order to revamp our country’s production capabilities by switching from a service-based economy; while keeping the cuts to essential sectors and welfare programs to a minimum.

    I’m urging all Bajan citizens to please examine this piece for it offers ways in which the government can salvage the Barbadian economy.

    A comprehensive measure that the government should take in order to ramp up our agricultural sector is to first and foremost invest money into a major upgrade of the country’s irrigation systems as well as its current infrastructure for renewable energy companies in a cost effective manner. Not to mention that:

    1) It would help if the government were to allow for the further education of skills/fields which could potentially enable Barbados to develop a Productive Agricultural Sector be more readily available in terms of access to the people.

    2) The government should give provision for Bajan students to go to China to learn engineering; or Chile and Brazil to learn Horticulture with a focus in Agriculture. It would also be very wise of our government to also encourage our students to gain an education/skills in the Horticultural sub-fields of Hydroponics and Aeroponics in a country such as Israel. Israel’s agricultural sector should be used as an example for Barbados as their agricultural sector is flourishing despite its geographical odds.

    Better yet, the government should recruit foreign professionals and specialists (particularly from the U.S. and Canada) in Hydroponics and Aeroponics to come to Barbados and educate Bajan farmers as well as Bajan entrepreneurs on the functioning of Hydroponics and Aeroponics. There should be a series of programs that offer courses, workshops, seminars, and practicums in which after completing parties would work towards gaining certification which qualifies them to practice Aeroponics/Hydroponics and Horticulture as a study/vocational field.

    Please refer to the following videos for a brief insight on the capabilities and benefits to which hydroponics and aeroponics can bring when applied to agriculture.

    *It has been demonstrated that ‘vertical farms’ are more economically viable and guaranteed to be sustainable with a very high yield. Thus making the prospects of “developing” with expansive and expensive urban infrastructure to be unnecessary and detrimentally redundant. Instead, that region should be kept as a strategic area for a more extensive production for the nation’s agricultural and renewable energy sectors.

    3) The government would need to subsidize the cost of hydroponic and aeroponic supplies for farming co-ops, farm owners, farmers, and even gardeners. The government should also look into making such accommodations for domestic brand alternative energy companies (ie. solar power companies native to Barbados) as well through subsidizing the resources needed in order for renewable energy companies to be able to supply sufficient energy demands for controlled-environment agricultural facilities (ie. green houses) such as solar panels or wind turbines to power green houses .

    4) It should also be of interest to the government to look into the further expanding their prospects to maximizing economically feasible possibilities through the use of not only through cash and food crops (ie. Sugarcane being harvested for both sugar and ethanol fuel); but for commodity crops as well (such as Hemp for one, and cotton). It would also be in our interest if the government strategically encouraged the production of Hemp due to it’s many capabilities and our current capacity to utilize the properties of hemp commercially; potentially spurring an industry for textiles, food products, plastics, soaps, and possibly even Fuel.

    5) It is MOST HIGHLY ADVISED that the government throw funds for investment in collective co-ops that are operated and owned by members of particular communities involved in agriculture; thus designating them as ‘agricultural/aquaculture communes’. The government should also give preferential accommodations to such entities as opposed to corporatized agribusinesses for the government may reserve the ability to hold shares in particular co-operative businesses as a sponsor. The government is advised to provide such co-op entities with the advantageous ability and resources to compete in the domestic market as opposed to placing importance on imports.

    6) The government should give preferential treatment to agricultural products produced domestically (ie. subsidize the prices of domestic products as opposed to foreign imports). The government should also continue in being HIGHLY AGGRESSIVE in the “Buy Bajan” campaign by extending it to the nation’s agricultural sector as well as her manufacturing sector.

    7) Encourage the further institutionalization of education in Horticulture with a particular focus in the field of Agriculture WITHIN Barbados’ education system. The government should shift the current discourse when regarding the agricultural sector to students (especially when young) particularly in Primary and Secondary schools to consider agriculture as a possible profession.

    The government should do so by marketing such professions as positions that are highly rewarding economically due to the fact that agricultural markets are projected to especially soar in value due to the ever-growing global food scarcity. By doing so, Barbados would be shifting her dependence from foreign markets which translates to feeding its population not through imports, but domestic products. The government should also be focused emphasizing education in the sciences and mathematics with in Primary and Secondary educations to especially further fuel the agricultural sector.

    8) Strategically enter the “Green Economy” through the extensive education and use of Horticulture and the already well-equipped alternative energy/fuel/resource companies.

    9) Encourage economic growth by establishing diplomatic ties with key developing economies in particular strategic markets. The government should look into also accommodating domestic companies that can manufacture pharmaceutical products such as pharmaceutical drugs, medical supplies, and medical electronics. China, Taiwan, Brazil, Jordan, Lebanon, and Chile all have bustling Pharmaceutical companies that are starting to give the west a run for its money, however we shouldn’t restrict ourselves to these markets.

    ***By doing so, the government would essentially be taking preemptive measures that will ensure not only the nation’s food security; but also it would fundamentally safeguard our ability to have an upper-hand in competing with other markets in our agricultural sector. However, Barbados must abstain from corporatism in her agriculture sector and she MUST REFRAIN FROM the production of G.M.O.’s and ban all importation of American G.M.O. (and possible all American produce) on the grounds that scientists around the world are beginning to detect a link to Genetically modified foods and the elevated contraction rates of terminal illnesses (ie. cancer). Essentially, scientists still have yet to determine the full effects of the consumption of G.M.O.’s and how they impact the human body’s health.

    -All of this can ensure us a more competitive and resilient Bajan economy that would potentially be highly equipped to become a major regional (if not global) player in the markets.***


    It has of course been noted that much worry would surround the government’s ability to accrue the sufficient amount of credit in order to fund such a plan. However, it must be noted that there are indeed a few options which the government could vie for in order to fund such a move.

    [A] For one, it has been noted that there is a good bit of development projects proposed and are in the process of being commenced within Barbados currently. Much of these projects are focused on ‘infrastructure’ in order to attract foreign and local private investors. By ‘infrastucture’, I am referring to certain real estate projects that are alleged to bring in revenue. However it would be in the best interest of the government to use the budget for projects such as the ‘Four Seasons’, The proposal for the construction of a new residential complex facilities for the bureaucrats of the Barbados Water Authority. And instead of making a squalor out of our budget and recklessly spending over $800 million on the construction of a new hospital facility, the government should prioritize that to the much needed upgrade of QEH (Queen Elizabeth Hospital) by maximizing its infrastructural capabilities through renovation and refurbishment plans; which would be much cheaper for us as opposed to building a new facility.

    The government can use the funds for the BWA’s (Barbados Water Authority) new developmental construction plans to refurbish and renovate old buildings for the BWA instead of building a new complex, which is more costly. The government can also allocate funds from the four seasons program and use that credit to support such a revamping of our agricultural sector.

    [B] A second suggestion would be that the government has the option of allocating the necessary funds to support such a major revamping from Barbados’ national reserves (ie HARD ASSETS, gold, silver,platinum, etc). Not to mention that indeed it would be highly expensive to commercialize Barbados’ hydroponic capabilities, however it is definitely FEASIBLE due to Barbados’ small population size. Our country’s limited space in land-size necessitates such a move to ensure self sufficiency.

    Again, I stress that there must be an emphasis on collective agricultural co-op business entities that are private. The government can ensure its revenue gain from these entities by reserving the right to hold a small share in their stocks (however it would be wise if the government owned shares in a small series of agricultural/aquaculture communes). This runs the risk of the government needing to employ budgetary cuts to a few sectors, though it must be stressed that the cuts would only be in the short-term; for the economy will most certainly benefit in gains in the long-term for the nation’s productivity will compensate for the deficits.

    [C] A third and least advisable option is the continuation of tax increases in order to accrue the appropriate revenues. That, along with strenuous measures that the government would need to implement such as cuts to both unnecessary projects and programs as well as affecting some (if not all) essential welfare government initiatives. Although it would be short-term, it would take a longer time for the economy to rebound should the government decide to not follow through with option [B]; though it’d still be temporary. Not to mention that it could take longer to allocate such funds through just a series of taxes alone, which would otherwise put the average Bajan citizen at an aggravating disadvantage.

    [+] Should the government decide to employ either of these tactics, it is strongly advised that the government AGGRESSIVELY PROPAGATE the “Buy Bajan” campaign, Particularly when it comes to meat and produce domestically produced in Barbados. This would encourage Barbadians to purchase local goods and would help to further stimulate the agricultural sector, creating new positions. Followed by the the renewable energy industry, which could mutually benefit from the commercialization of Barbados’ newly established Controlled Environment based Agriculture Sector”. Not to mention that Bajan citizens will come to realization that their costs of living would substantially decrease if they were to invest more into domestic products as opposed to imports.

    -Barbados is currently in a HIGHLY VULNERABLE predicament because of her dependence on other countries’ exports. Her inability to diversify and complete revamping of Key sectors such as manufacturing and agriculture has CRIPPLED Barbados’ ability to be self sufficient as well as her ability to compete in the international market (whether regional or global).

    -It has been proven time and time again that prudent measures implemented by successful economies that are now key regional/global players took measures that indeed equated to short-falls in the temporary, but most certainly ensured gains to their benefit in the
    (not-so-distant) long run.

    -As mentioned before, to continue to rely on imports equates to Barbados being crippled and hindering her ability to be self sufficient in producing domestic products as well as being internationally competitive as a market. Barbados would forever be at the mercy of other countries should it were to rely on other countries’ land for agricultural production due to the fact that it would be subject to foreign tariffs, taxes, and customs. Hydroponics and Aeroponics are the most viable options to our conundrum, and can be solved by allocating funds for both agriculture and renewable energy supplies on community levels as opposed to a centralized system for the nation.


    It has been assessed that The government of Barbados must follow these strategies seriously in order to sufficiently safeguard a prosperous and most of all “INDEPENDENT & SELF SUFFICIENT” future for our national economy on a preemptive scale.

    The analysis is detailed in that it offers clear options as to how the government can employ strategic, preemptive, and tactful in establishing a field for our domestic markets to flourish.

    Not to mention that it would be in the best interest of Barbados to establish economic trading unions through diplomatic ties with other nations within the Caribbean, Central as well as South America, and even Africa (for African economies are ever more becoming rapidly developing economies). The very fact that Barbados is so strategically located within the Atlantic Ocean bordered by multiple regions; the government should be manipulating that by being active in establishing an extensive network of beneficial trade and commerce with countries in all of the aforementioned regions.

    Therefore, it should be stressed to the government that as it persists in being slow in addressing Barbados’ crisis of “Food Security & Productivity”, time is quickly running out as our competitors/neighbours are fast forging ties with other economies around the globe. Needless to say, this will equate to our available options to dry up and will leave Barbados in a position in which her economy, government, and indeed her citizens will forever be subject to subservience by an economic-hegemonic power (ie. U.S., U.K., Canada).

    The suggested strategy would install a system of Self-Sufficiency, Productivity, and Preemptive thinking. I pray that the Ministers of Agriculture as well as the members of PEP and the greater parliament would heed this and motion for its implementation.

    Should Barbados continue with this trend of complete economic stagnation, then it would be the citizens that the government would have to answer to in trying to provide an explanation as to why the government lagged in appropriately prioritizing the nation’s expenditures to key sectors such as Agriculture and Manufacturing.

    It must be stressed to the ministers and other politicians within the Barbadian parliament that they are accountable to the Bajan people. Do not sell Barbados short by failing to appropriately prioritize our expenditures to where it is necessary. For if the government fails, it will be the people that the entire government would have to answer to. Not DLP or the BLP alone, but all parties that have sworn to their duties as our nation’s elected representatives. Do not sell Bajans short on our beloved Barbados! WE MUST ACT NOW!

  42. Its too late. There is nothing the Caribbean can do to avoid the Great Depressions 2, 3 and 4 that are coming. Its too late. Systems can’t be turned around on a ‘dime’. No pun intended. In recent years thing have even got exponentially worse. The Caribbean is so locked into the so-called ‘international economy’ that we have lost an ability, for example, to eliminate food imports. This is globalization for you. This globalization is not unlike the first globalization epoch in many ways. That first one has left us with scars, still.

  43. It would be useful if we claim to be the civilised of the species to stop the constant personal tirades.

    The issue remains how can our islands grow given the debt burden of most if not all of the Caribbean islands. A significant % of national revenue has to be used to service debt. BU suspects that it will require debt forgiveness but we will have to ‘burn’ first.

  44. The PDC has already been making abundantly clear on this BU blog site as well as in other places that in order for there to be sufficient sustained long term success in the political economy and services industry sectors of this country, there must and have to be the modelling (which has already happened) and the implementing (which has not yet happened) by a coalitional government of Barbados – of which the PDC shall be a part – of the appropriate forward looking developmentalist fiscal financial monetary architecture for this country.

    Therefore, it must not continue indefinitely in Barbados the circumstances and conditions where many local agriculturalists, manufacturers, builders, investors, and non-financial business people generally are constructing many modern efficiencizing production, distribution and marketing processes goals and strategies consistent with the establishment of rapidly changing liberalizing technological communicational informational environments, but do so inconsistent with an old outmoded destructive oppressive fiscal financial monetary framework in the country.

    It is therefore important that many of these local agriculturalists, manufacturers, builders, investors, and non-financial business people generally understand and accept that they will never be able to achieve sufficient sustainable long term prosperity and progress for their businesses and the wider Barbadian society, first, without the removal the methodical systematic tearing down of the existing old outmoded destructive oppressive fiscal financial monetary framework, and then second the putting in place of a new modern progressive people centered fiscal financial monetary regime for the net benefit of the development of the enterprises of our agriculturalists, manufacturers, builders, investors, non-financial business people generally and for net benefit of the development of the well being of the social classes of the Barbadian society.


  45. @ David

    Growth is a nullity! We have to look at human survival. Further economic growth is inconsistent with the bigger priority – survival.

    • @Pacha

      From all recent indicators it appears the strategy of this government in Barbados is to borrow to maintain our position on the HDI.

    • Regarding Bahamas debt to GDP (economic performance) if we want to use this indicator. While it is true Bahamas has a lower debt profile compared to most islands in the Caribbean, an there is a good reason, there is evidence to show that it has the largest increase in government debt level in the period 2008 to 2012 relative to the Caribbean. We are all on the same ship which is headed South. Some of us will get to the end of the line before others. So don’t be smug!

  46. @ David

    We have great respect for the work of Derrick Jensen. He has argued persuasively that the planet cannot for long survive development beyond that of stone age man. Of course, we don’t agree but appreciate his intent.

  47. @ David

    The people that the government of Barbados follow still aren’t sure if inflationary or deflationary policies should be applied. Debt is likely to drive inflation which will be seen when you to to the supermarket. Inflation maybe better for the property owning classes in the short term. Deflation is more difficult to manage but in the medium term may produce mark to market asset prices. These are only two element in the macroeconomic model and the above is based on all other things being equal, which is impossible. We have previously concluded that the Caribbean is in a cul de sac. You talked about The Bahamas. Only they books in the short term may appear superior to others they are based on international business. We estimate that increased pressures from the OECD countries will sooner or later hollow out the artificial economy of the Bahamas.

  48. On the subject of mark to market one wonders how in a stagnant market for the last five years properties continue to be floated in the millions in Barbados. No downward price movement!

  49. Ever heard the expression “Cant see the Wood for the Trees”
    It aint rocket science(but everything these days is made to appear as”rocket Science” as sheeples then need to pay “Experts ” to translate,for Sheeples to understand,what should have been plain everyday Bajun)

    Its when so many “experts ” get their spoon in the pot and make a soup of what should have been a very clear production.
    “Progress” is another name for the same thing.

    How “behind the times” we are,Barbados would be if ; it dont take what works,what real, whats common sense and DUMP THEM and “move forward” “Move with the times” “Stampede with the Lemmings”
    Never mind Logic dicates that ONE person is more likely to be RIGHT than 3 million or the “REST of the World” is to be “collectively ” right.

    Common Sense!!
    These days we gotta have “AN EXPERT” on everything from “taking a leak” to ” ALVIN’ising ALL of EXISTENCE”
    You even cant take a “Shite” less’n somebody want to come and pick it over with a stick.
    One day I read an “expert opinion” that “OIL PRICE DOWN as heatwave stops use of Central heating” same paper nother page ;Expert opinion states “OIL PRICE JUMPS as families HEAD(drive) FOR THE BEACH”

    Am I being to obtuse???
    I do hope so, as it means you are reading and THINKING.
    THINKING what???
    It really doesnt matter ONE PHUCK” what you are thinking.
    You are not just a ” reiterator of rhetoric”, an “emittor of elctronically ether transmitted STATISTICS”.
    Computors have a lot to answer for
    .BLAM a BUTTON and there is the WHOLE WORLD of “Facts” for you to “absorb” “remember” “Regorge” .
    Understand ???AHHAAA! Now that is another question.You FEEL you got UNDERSTANDING or just a good memory?
    I had a little trained monkey,could “remember” everything,could “regorge” (Do) everything he had been shown but couldnt UNDERSTAND ONE PHUCK”
    We accept unquestioningly, too quickly.Revere the “Experts”
    What are we monkeys , just jump up and down and impress cos we have a few remember tricks but ABSOLUTELY NO THOUGHT OUT UNDERSTANDING??
    Do we:
    Treat questioning and asking for answers like being cought masturbating in Public.
    WHAT!! you didnt know EVERYTHING!! YAH IJJIT!!

    Now ,move to today and the Politicians and the “FACTS” put forward by them, for your understanding.
    The” facts” presented and UNDERSTANDING of them a “non sequitor”.
    Doesnt Follow”” cant be UNDERSTOOD.
    SO why are you not questioning, seeking to understand,NOT just “MONKEY SEE MONKEY DO” ,shamed by your “Ignorance”
    You are being fed a “Bunch of Shite” by a “BUNCH of EXPERTS”

    If you got a dollar in your pocket and you have just ordered a cheffette snack box,YOU NEED and expert to tell you you got “Problems”??

    I think NOT cos you are applying COMMON SENSE.

    TRY the same PROCESS with the current situtation in Barbados.
    It aint difficult to “find your way home”

  50. @ David
    You have touched on the central point. The answer is a range of factors. These include the relatively long history of upward property prices, the absence of cyclical conditions in the local marketplace, the relatively small market size, limited land, an artificially high market price as maintained by the monopoly/oligopoly forces, a missed placed perception that there will be a near term turnaround and the irrational psychology that foreign capital will always be attracted to Barbados, ans so on.

  51. I like to read everyone’s post before i start positing, so i will know who the real contributors are and whom i should prepare for……….Bruddah, you know how to throw out ideas, it’s just to find the right leader who knows how to use deductive reasoning to see which idea is the most viable….as Dr. Love said, no rocket science needed.

    Dr. Love……….missing in the current leaders are critical thinking skills and deep thought analysis skills.

    Pacha…………..they keep toggling between inflation, deflation and hyperinflation, it is working, it’s called confusion………the below link will give some who can dissect information and read between the lines what dynamics are in play.

    Some people continue to take it all for a joke, to the credit of Donville Inniss someone told me he mentioned hydroponics to them sometime in the past, though an extremely expensive venture, one cannot lose, hope he meant for the whole island and not for himself only.

  52. @David
    Business is the answer
    Floated = asking; not acheived.

    If the “Value” of the building is included in the books of a company and the company wished to use the property portfolio as collateral for funds ,it’s assessed value WAS at around 13 times the stated rental value.
    Like in UK, as town centers folded many properties were “LET” to charities,this enables the property to be still “Valued”at 13 times the rental (thus maintaining the owning companies full book value, cos the property technically IS being let )AND the owning company then able to claim back a “Charitable donation of”the yearly FULL rental “from the Inland revenue.
    A win win situtation.

    If it is a privately owned entity.Just a negotiating ploy.Ask more , give a huge “Discount and get finally what was your realistic expected price.

    Julie Dash has said that property ( I presume from knowledge of her access to REAL acheived prices) in Barbados has dropped 52% altho recently in a newspaper report she is said to have said now the % is 35%.
    Whichever; a big drop.

  53. @Well Well.
    100% my point.

    BAFFY said ;absolutely accurately “Government is NOT made up of stupid people”.
    I would just say to that, there is a negative and there is a positive.
    If “not being stupid” = “being clever” which I doubt personally,but even if it did.
    There is still(to me) Positive CLEVER and Negative CLEVER.
    The ruling Political Elite of Barbados?
    + or MINUS??

  54. @ When you’re thinking about ‘mark to market’ you have to think about ‘price discovery’ too. In terms of the Barbados economy these have little effective meaning. In other words, there are too many ‘ambiguities’ within the asset pricing system.

  55. Dr. Love………….when one’s cleverness is tempered and clothed in self-interest, it is useless to anyone else.

  56. @Pacha


    Given that everything in Barbados is pinned to collusion one can only speculate about valuers, realtors, financial institution and others.

  57. Calcification is a process which normally occurs in the formation of bone but abnormally will, depending on its location have deleterious consequences.

    As a pretend scientist I have come to the unsupportable hypothesis that as we become older a societal calcification quietly occurs that unknown to us causes us to abdicate positions and values that we held to so dearly and which drove us to great heights in our heyday.

    For those of us who had no heyday then their “heights” and more line unnoticeable swells on the ocean of life

    When you are comfortable and your monthly pension assured to be what the average man’s yearly salary is while they are in the heyday of their contribution to family and country, you really lose sight and connection to the plight of the poor man or the society that birthed you and led to your success in the land of milk and honey.

    With time the coming of calcification to your doorstep with make you similarly insensitive and seemingly oblivious to the plight of lesser men.

    There are very few of these persons who has live meteors arisen and moved across the constellation of international agency recognition who can point to any singular contribution that they made to show where their navel string is really buried.

    Pamela Williams was/is one of those persons who quietly has done that, shown her commitment to our CARICOM member states in the hundreds of millions of dollars, so has Sir Hilary but like meteors, you do not see them everyday.

    Some men are born great some achieve greatness and some have greatness thrust upon them and there are a few who are simply clueless as to what “these fields and hills beyond recall Re now our very own” means and if they are, simply could not care less.

    We appoint the watchman at the lumber company as the head of our National Council for Innovation and Invention and then wonder incredulously how all he manages to do is to slip the lumber over the wall at 3.30 while we are sleeping or repeat in parrot like fashion the litany of sugar is dead tourism is dying and we need to shift to the services markets. Growing up stupid under the Union Jack.

  58. @ Bahamared

    Strange comments for someone who is proud a citizen of The Bahamas–a collection of islands. Imagine if New Providence, Andros, Eleuthera, Exuma etc were all independent islands?

  59. In the USA cities are going bankrupt. Real bankruptcy! Courts are appointing receivers (managers). Voters representatives are being stripped of their power, schools are be closed in droves, other ‘essential’ services are being cutback or curtailed etc. Whole islands are being sold in Greece. Is it possible that this movies could be coming to an island near you soon? What of the concept of territorial integrity? Is it possible that a global brand like Nike could be the Prime Minister of Barbados? Is it?

  60. No….Not in the literal sense that is….We Barbadians would never allow that (nike)….Bata maybe.. havent you heard…class is class, form is but temporary…..

  61. @ David Weekes

    We hate to have to disagree with you but this thing about heroes and heroines is problematic for us. In a society were equality knows no bounds there is no need for this hierarchy of ‘respectability. This social construction limits progress. Look at the trade union movement or credit unions, a few people have captured ‘respectability’ and they can’t be removed unless they die or when they have mercy on us and decide to retire. Everybody should have the same level of ‘respectability’. In fact, it is this structure that has partially brought problems to you.

  62. The Bahamas is on track to lose it’s cash cow. Yes it has well over 700 islands but it has absolutely NO natural resources to speak of that can be readily exploited for exportation. Like many of the tiny island nations through the anglo-speaking caribbean, if we do not supplant offshore banking and corporate tourism by first pushing for domestic ownership of these two industries with a focus on manufacturing and agriculture; then they will cease to exist as “sovereignties” (despite much of them being a “commonwealth”). West Indians are talking about it can never work; but you have to realize that it WONT WORK IF WE CONTINUE TO REMAIN FRAGMENTED as a region. It has worked to our detriment in this supposed post-colonial era. The main issue that I am getting from those who oppose a reformed and more Unified CARICOM is that it can never work because of the Pervasive cultural insularities that in turn fuels nationalistic sentiments in each respective island. That maybe the case; but west Indians must be aware of the fact that We have FAILED as individual island nations to stick out from the rest of our own crowd both economically as well as politically. THe caribbean has a collective history of slaver and colonialism. It is time we align ourselves along our shared HISTORY (not histories) as a region and Use our COLLECTIVE INCENTIVE TO SURVIVE THROUGH UNITY AND SYSTEMIC & STRATEGIC INTEGRATION. I SAY IT CAN BE DONE! If it couldn’t then the EU would never exist. We have more commonalities than the EU; hence our formation could be more COncise given our commonalities in culture, history, location, faiths, and political structures. To say that It will never work is AN INCREDIBLY LETHARGIC COP OUT!!

  63. Bruddah…………….Obama told them some years ago when he was in Trinidad to work something out, Biden just came down and told them the same thing AGAIN………….even the Bush administration (so well despised) was reluctant to have much discourse with them unless they are kinda unified, it took the EU 15 years to get it all together, no one is telling them they have to agree on everything, but at least agree to be a unit for survival’s sake, but we can only suggest, we cannot make them do anything.

  64. @ Well Well

    I stipulate that is the case because it has been ingrained within virtually ever island’s culture to be divisive by preaching for “independence” while at the same time trying to emulate the systems and lifestyles of former colonial powers. We are now seeing that it does not work as such structures bears very little relevance to caribbean society. But the privileged fat-cats in parliament have becomes comfortable with it as they are able to establish fiefdoms out of their respective nations (ie. all Caribbean PMs). It is a disgrace that the caribbean people do not see how harmful this is. Nobody in the world Knows of the West Indies; we are only globally renowned as “Jamaica”. If the world doesn’t realize who you are (ie. a Vincey or Bajan) then THAT should be a point of worry for some. We have no collective agency, hence we lack a voice thus are insignificant as a union. Hell, THE A.U. (AFRICAN UNION) HAS BEEN MAKING MORE MOVES AS OF RECENT, MORE SO THAN CARICOM! And that is the world’s most GENETICALLY diverse continent we are talking about.

  65. What use is having nationalistic “pride” if no one the world over knows who you are or cares?

  66. Bruddah…………..the parliamentarians have deluded themselves that people in the outside world knows or cares who they are and they have managed to convince a very gullible public of that as well, so in essence they think their individual countries are defined on the world stage…….it’s all part of their delusions…………If you ask any of the presidents in the large metropolis’ who the individual PMs are in the Caribbean, they would have to get their press secretaries to check a list and give a name, but those tin pot ministers in the Caribbean would not believe that, they believe themselves to be well known and all powerful, they don’t realize that all their power is regulated only to the people who believe their nonsense.

  67. brudda bim stop wasting u time with these hard head knuckle head people. some here already figured out the solution to Barbados economy that is to sell or Privitasing everything under the sun .or if u like BUSH TEA he figures that in the grand scheme the big Man upstairs got an easier solution by wiping everyman man boy and child off the face of the earth…. so Brudda just sit back and relax no sense sweating over these things.

  68. @ Well Well
    Extremely yet frighteningly precise!

    @ AC
    I would, but as a Bajan and West Indian I fear for my Caribbean people; not just Bajans. THey don’t even know that they are well on their way to becoming a region of desolation, desperation, and squalor. It is both frightening and frustrating that the lethargy PERSISTS on a CULTURAL /POLITICAL/ECONOMIC LEVEL THROUGHOUT THE ENTIRE REGION.

  69. @enuff

    You say: “Imagine if New Providence, Andros, Eleuthera, Exuma etc were all independent islands?”

    Your comparison is not a fair one. The islands you named are a single cultural and political space with 400 years of history as such. They have not only a fully integrated economy, but are fully culturally and politically integrated.
    The same can NOT be said of Caricom – all they have in common are colour pigmentation and a shared British colonial past. While I am proud of the British AND the African heritage of the Bahamas, sharing them with, say, Trinidad does NOT mean that we are culturally or politically part of the same nation.

    The Bahamas is essentially an Atlantic country and obviously has more in common historically with the US south than it has with Trinidad -most of us even come from Loyalist refugees and their slaves.

    Barbados, Bermuda and the Bahamas actually share a lot culturally, all three having never lost internal self government when all other British colonies did. That is partly why the three are so much better run than the other regional states.

    But to pretend that New Providence and Togago will ever be sister islands of the same state (like NP and Grand Bahama are) is to engage in fanciful thinking.

    The implicit black nationalism of Caricom and its founders (none of whom were remotely impressive men) shows the actual motivation for the movement, which has never had any hint of economic rationale. Put together, they comprise an economy and market smaller than Ecuador. Why should The Bahamas or Barbados, which have done well trading with the world, turn themselves inward by pandering to the pretences of this silly club?

  70. Bahamared………….i really don’t know much about the internal mechanisms that fuels the Bahamas but are you telling me that it is not considered one country? the islands display some sort of individualism?

  71. @well well

    I am sorry if I was confusing, but that is not what I meant AT ALL. The Bahamas is a single country in every sense (culturally, politically, historically). I was saying that is why it is so different from the Caribbean at large, another group of islands that are NOT one country in any meaningful historical, cultural or political sense.

  72. Bahama……got you, the insularity displayed by the Caribbean countries is damaging and destructive to say the least.

  73. @ Bahamared

    “Barbados, Bermuda and the Bahamas actually share a lot culturally, all three having never lost internal self government when all other British colonies did. That is partly why the three are so much better run than the other regional states.”

    You’re so full of it you elitist prick. It is that same sense of elitism that fragmented the west indies. Bermuda is not even in the caribbean chain, and the Bahamas is just barely, not to mention that Barbados is closer to Trinidad and Grenada and the Saints geographically, but we ALL have a shared history. I don’t get your logic AT ALL. Guyana is more culturally affiliated with the Anglo speaking caribbean because they were a BRITISH colony. All of our ancestors were taken from a wide selection of West African empires and kingdoms, and EACH ISLAND is an amalglamation ofdifferent african civilizations mixed in with British. THAT IS THE CRUX TO OUR UNIVERSAL CARIBBEAN CULTURE YOU FOOL! NO PRETENSE THERE!

  74. @Bahamared

    A history that is no different to the other Caribbean islands. So think about it and come again.

  75. @enuff

    A history that is UTTERLY and entirely different. Except for brief, intermittent departures, the Bahamas has bad a mercantile, service dominated economy since its settlement in 1647. Virtually no plantation economy, and none that lasted more than a generation or so.

    The ancestors of Bahamians black and white (and we are almost all mixed) were pirates, privateers, wreckers, gun runners, bootleggers and blockade runners. Most slaves were ship hands and mariners. Many, many blacks were never enslaved and were simply captured by British arms at sea and settled in New Providence, which is why we have African settlements like Fox Hill, Adelaide and Gambier.

    That is TOTALLY different from the plantation system of the West Indies and has produced a profoundly different culture and identity.

    Part of the identity of the latter is a self-destructive self-pitying and obsession with slavery and white people. Hence the scorning of service industries (like that moron Bruddah is displaying) and the childish, emotive attaching to anything (like Caricon, UNASUR or Petrocaribe) that sounds like wannabe black/third world nationalism.

    We have done just fine by keeping our distance and I recommend it for Bim as well.

  76. This Bruddah must be a relative of that idiot Gonzalves in St. Vincent. I recommend they find some little island (hell, we can even give them a small cay somewhere in the Exumas) and practice their “Caribbean civilisation) while the world passes them by.

    Too bad he is such a homophobe. Otherwise they needn’t suffer from the lack of females stupid enough to join them in their paradise.

  77. @ Bahamared

    And I am a relative of the House of windsor 5 times removed. You’re full of shoite. They did have plantation slavery in the Bahamas. And it is a well known fact that a good number of american colonists flocked to the Bahamas ALONG WITH THEIR SLAVES. YOU FOOL NO ONE!

  78. @Brudddah

    Yes, they did try plantations in the Bahamas when the loyalists flocked here with their slaves. AND THEY FAILED. If you ever visited the Bahamas you would see the folly of trying to grow cotton in Bahamian sand/soil.

    The last of the loyalists, Burton Williams, died in 1852, having moved his whole slave holdings to Trinidad, from whence one Eric Williams descended.

    Even the small percentage of Bahamians in the few islands where plantations were tried (Exuma, Cat Island etc) were out of the business within a generation or two. The vast majority of Bahamians were, for the vast majority of our history, engaged in trade or maritime activities…..until Sir Stafford Sands introduced mass tourism and offshore banking after WWII…dumbass.

  79. By the way, a few more Stafford Sandses elsewhere in the region would have come in handy, instead of the political windbags who pioneered the ignorant slogans you push.

  80. @ Bahamared

    A true imbicile. And just how exactly (or what rather) differentiates the Cultures of Bim, Bermy, and the Conch Islands from the rest of the caribbean! ABSOLUTELY NOTHING! WE WERE ALL COLONIAL OUTPOSTS U ASS!!

  81. We are not separated into two groups, idiot. We are ALL different, but some are more alike than others.

    We in the Bahamas are sufficiently aware and unashamed of our difference that anybody advocating joining CSME or being part of your Universal Caribbean wonderland (much less joining with a bunch of Latin American basket cases) would be given the kind of reception that Liberace would get in Jamaica if he wandered into Denham Town soliciting gay sex.

  82. The Minister of Finance has recently said that if the government cuts transfers to many other entities and to many areas of government, private sector businesses would be made to suffer less income.

    It is clear that this is pure unadulterated rubbish that is coming out of the mouth of this individual!!

    Now, when the incomes/payments of private sector businesses are TAXED by these wretched DLP/BLP governments, such results, on the whole, in subsequent money transfers to most government workers and many businesses doing business with the government.

    Note too that there would have been use of monies by the different levels of the private sector already in getting those items, goods and services that the private sector provides to the workers and businesses that will benefit from the transfers.

    When these particular workers, businesses and such like actually get these monies ( as transfers) from out of the core financial system, they then go and use much of them (less savings) to give income/payments to those private sector business people that hitherto would have had their overall incomes and payments TAXED by these stupid DLP/BLP governments, as a very idiotic backward illegal means of helping to provide for some of the same transfers; and to give income/payments to those same private sector business people that would have been found later to be providing such items, goods and services ( in whole or parts) to the government workers/the businesses, etc for them to deal with the same items, goods and services that would have already involved the same processes that see the same items, goods and services involved in the use of money (the getting of income/payments) by the relevant private sector business people.

    Therefore, in countless instances, these processes result, in far, far fewer private sector items, goods, and services ( in the thousands upon thousands ) than otherwise possible coming onto and leaving the market with the lesser use of monies ( monies that should have gone and have been used by people to get help get the use of far far great amounts of items, goods and services) and at the same time result in these intellectually politically bankrupt sick DLP/BLP governments preventing the making of income/payments in the millions upon millions of dollars by the private sector in Barbados.

    So, what ignorance and scaremongering about private sector businesses suffering from government cuts in transfers when already they are suffering from many of the destructive effects of evil wicked TAXATION. Such suffering would not come about if there was not this system of TAXATION in the first place!!

    Now, there are three primary ways in which money makes it out of the money circulation process in the country and into the core financial system: (1) via their representing evil TAXATION; (2) via loan deposits into the relevant financial institutions; and (3) via personal/corporate savings into them.

    Now, there are two primary ways in which money makes it out of the core financial system and into the money circulation process in the country: (1) via withdrawals of whatever amounts of personal/corporate savings from out of the relevant financial institutions ; and (2) via credit transfers by the relevant financial institutions to some individuals, businesses, and others including government.

    Now, since 2008, the amount and scope of tax transfers have been dastardly enlarged so tremendously, that the government has severely reduced the disposable remumerations of all commercial entities, and that it has seriously reduced the saving and loan deposits of all depositing entities into financial institutions therefore too in the country

    Now, since 2008, the real actual cost of use of local money has skyrocketed, such that there are increases in withdrawals of personal/corporate savings and reductions in credit transfers to individuals, businesses and other entities.

    Now, the fact that the government cannot wickedly tax monies out of the core financial system, it has had one major option left – under this diabolical disgraceful financial system – to use credit transfers of monies from out of the core financial system, to get monies out of it at a great cost to the remunerations of Barbadians, thereby pushing the cost of use of local money astronomically higher, just to allow some others ( some government workers and businesses and others) to have use of money.

    So, were such situations (the way how income, saving, withdrawals, etc have been performing recently unsatisfactorily) turned around with the removal of TAXATION, interest rates, etc. and too with the right fiscal financial political systems put in place at the same time to support such dispensations, there would have been entire reversals in those trends ( moving from a situation of more transfers to fewer transfers) which would be partially signified by this stupid suffering that the neophyte Minister talked about at the said BCCI gathering a couple of days ago.

    And, finally too it must be clearly soundly theorized visualized by the PDC that when evil TAXATION is systematically removed abolished by a governing coalitional arrangement that the PDC shall be part of, how it will never ever be possible to realise private sector businesses suffering from cuts in government TAXATION transfers.


  83. Bahamared……………As i have said before, i know nothing at all about the history of the Bahamas, can you explain this to me about Stafford Sands……….
    WHY DID Sir Stafford Sands leave the Bahamas?

    This is a question still debated today. The question is often answered with an air of great authority by those who haven’t a clue what they are talking about. Anyone who lived during the sixties, but were not a part of the PLP brotherhood, would be a fool to ask such a question. They all knew what it meant to be ostracised, victimised, denied jobs reserved only for followers of the “Chief”, and verbally abused. Many of them, both black and white, packed their bags and left.

  84. @ Bahamared
    “We in the Bahamas are sufficiently aware and unashamed of our difference that anybody advocating joining CSME or being part of your Universal Caribbean wonderland (much less joining with a bunch of Latin American basket cases) would be given the kind of reception that Liberace would get in Jamaica if he wandered into Denham Town soliciting gay sex.”

    You fool. If that were the case, then the collective push by our forefathers to get the caribbean into a post-colonial era (ie. VIA INDEPENDENCE FROM BRITAIN THROUGH COALITION); then we would still be colonial outposts (at least ‘officially’) to this day. We would have never been able to succeed in gaining such widespread independence. An ass like u wouldn’t understand how economics and geopolotics functions; so I am not about to waste my time trying to inform a complete simpleton trying to pass him/herself off as “educated” would be a complete wast of my time. Not to mention Pedigree. Stay in your lane if you wish to perish so badly. Just don’t try to rain on mine.

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