Feel free to comment on the image. In case you do not recognize the gentleman on the left, he is former Minister of Finance Chris Sinckler.

Commenters are invited to caption this.
Feel free to comment on the image. In case you do not recognize the gentleman on the left, he is former Minister of Finance Chris Sinckler.
Commenters are invited to caption this.
I presume that all four countries pedal some form of “Citizenship By Investment” scheme. I call it fast money. The chickens will come home to roost for these small backward Caribbean islands now that they have opened the doors to the drug’s lords. They were warned from way back that such schemes would bring trouble to their countries and citizens. Let Fahie be a warning to our Barbadian leaders: Uncle Sam is watching.
Never mind the debts. Let’s engage in semantics.
Madame Salemite
You hear David, some don’t know the difference between debt, deficit and GDP. Yuh know who he referring to?🤣🤣🤣
“We note that there has been major interest in the Fahie case in both St. Kitts and Antigua. Both countries offer Citizenship by Investment (CBI) passport programmes; both have a history of facilitating money laundering; both are led by professional politicians who have been accused of massive corruption; both have the same behind-the scenes advisor in common, the Lebanese attorney Anthony Astaphan; no wonder there is fear and loathing in official circles in both Roseau and Saint John’s; everyone there is wondering which of them have become Persons of Interest.”
TLSN..you will be right…..
fowl enuff…you and idiot 2 SWORE the debt was paid….rescheduling…and PAID are two different things..
again…you owe a billion dollar debt…BUT YOU HAVE AT LEAST A 5-6 BILLION DOLLAR DEFICIT…as defined by an expert just a year or two ago….i don’t need blogmaster to tell me the difference between anything…yall are the ones don’t know the difference between PAID and RESCHEDULING;;;;;for later payments…
It has been RERE..not RiRi. REscheduling, REprofiling, REnegotiating, REfinancing, REstructuring…
BUT YOU HAVE AT LEAST A 5-6 BILLION DOLLAR DEFICIT…
let me break it down to something you can recognize…
1 BILLION DOLLARS in VAT stolen from the people and WRITTEN OFF
at least another 1/2 MILLION DOLLARS that the crooks of all flavors refused to pay in taxes….also WRITTEN OFF
according to the expert …another 5 BILLION DOLLARS…gone in tax crimes…..THAT IS WHAT CAUSED THE DEFICIT..
when yall pay off the BILLION DOLLARS ya OWE in FULL…let me know, of course none of us might be here…and it will BE YOUR FAMILY PAYING IT OFF for another 100 years, i don’t owe shit to IMF ask them…
“REstructuring…”
don’t know how the fowl is not familiar with that word…it’s so POPULAR IN THE CORPORATE WORLD…
but somehow am the one that don’t know that they are NOT CAPABLE of repaying that loan in the short term..
Mam
I give up. Egofowlism is a mofo.
David
Spot on. – on Government + restructuring
The Others seems to be stuck on the personal loans brainwave
at least ya LEARNED what CREATING a deficit means, something you did not know before you only know it as good old fashioned TIEFING and CORRUPTION………..ah learned that in the corporate world…lol
Salamite.
You said. Not repaying ANY loanS
Stop pretend now that u was Tallinn about ONE loan / THE debt
biggest achievement in the life of a fowl to brag about a passed test…….BUT STILL CAN’T PAY OFF ANY DEBTS or close the dificit…stuepppppss…lol…or do anything about the STEEP RISE IN PRICES..
Xxxxxxxxxxxxxxxxxxxxxxxxx
Jeep shifting
again…you owe a billion dollar debt…BUT YOU HAVE AT LEAST A 5-6 BILLION DOLLAR DEFICIT…as defined by an expert just a year or two ago….i don’t need blogmaster to tell me the difference between anything…yall are the ones don’t know the difference between PAID and RESCHEDULING;;;;;for later payments…
Xxxxxxxxxxxxxxxxxxxxxxxxx Xxxxxxxxxxxxxxxxxxxxxxxxx
Produce the article / video/ name of expert or event
You jumping on everbody Coat tail
Busige, Theo and now David
It ever occurred to you that u can resturture 4 yrs ago but today (4 yrs after) you paid off some of those debts ?
My senario would be dept consolidation ( more Than one loan). Not REFINANCE whih is usual one loan like a mortgage or car note.
Again – the intent was about paying off some debt not……THE debt.
*******”***””””
@John2
You are one silly dude.
Do you understand that from the perspective of the debtor, the balance sheet will reflect the size obligation regardless of who the counterparty is?
You are using imprecise language and conflating issues in a weak effort to defend your pay masters.
You need to read more.
I stopped answering a lot of BU idiots…not worth it….most times they have no clue what they are talking about….even credit card debt can be restructured and consolidated to one payment…
..they learn a few new words and immediately pretend to be experts….i live for the day that they close that deficit…this is not the first time i mentioned it, they had no clue what i meant back then, and even less now…lol
Mam
The people David referring to include you. But you get through. LMBAO
Poor Ezra, he repeats a litany of criticism that was directed at Sinckler by his Democratic colleagues but somehow not a word about the criticism that was directed at him by the Shadow Minister of Finance from the Opposition who happened to be Mia Mottley. I guess Ezra is afraid to highlight Mia’s hypocrisy re Sinckler, Ezra is not only a yardfowl,he has been bought and paid for
Wuh look at life….we don’t even have to answer the BU illiterati political fowls and hens anymore, unless we lookin fuh a laugh…murdahhhh! after one time is two…yep, the money laundering and Proceeds of Crime legislation is real…even i got a copy of it…
as i told fowls, ya are ON YA WAY TO EXTINCTION….but before that, a prison cell is in ya future…
https://rijock.blogspot.com/2022/05/owners-of-real-estate-stolen-due-to.html
“The systemic corruption that has poisoned Barbados, and resulted in the loss of their ancient real estate holdings by many of its citizens, has made justice, and recovery of their rightful lands, impossible for the victims. Current and former governmental leaders, many of whom have engaged in land fraud and grand larceny, hold all the cards; they frankly control the courts and the law enforcement agencies. You cannot receive relief in Barbados; there is no justice to be had there. This may sound cynical, but it is the truth.
To make matters worse, if victims, through legal action, seek redress, they encounter death threats, a campaign of harassment and insults on social media, and humiliation and targeting for asserting their lawful rights. No wonder many have lost faith in their country, and given up fighting a corrupt system; some have become expats, fearing to ever return to their beloved nation, where they were born.
The solution, in our humble opinion, lies abroad. Many of the corrupt officials and their associates have taken their ill-gotten gains, made from sales of real estate they have stolen, or fraudulently acquired, and secreted or invested them overseas, to keep them from being seized by victims, through court orders at a possible future date, or forfeited for any purpose by a future Government of Barbados. These thieves also wish to have a place to flee to, when they have either completed their service, retired, or simply relocated far from the jurisdiction of courts in Barbados, and wish to keep the Proceeds of Crime.”
William, TLSN…they won’t hear that they are on the WRONG SIDE OF HISTORY…enabling and endorsing CRIMES against the Black Afrikan populi for their cut….lock them up…spreading lies and misinformation has FINALLY CAUGHT UP…
ah heard one of the main money launderers claim to have Alzheimers/dementia or PRETENDING TO..
What a beautiful day, hope everyone is enjoying as i am…
DULLard
U are making a mountain of a molehill with ur accounting of my little scenario
Since you introduce REFINANCING to the conversation here is a little scenario to explain that
If you owe 5 persons $100 each and a car note of $500 / m If u refinance ur car note to pay $400/m then in two months u can repay SOME of ur debtS and in about 5 months u can pay off ALl of ur DEBTS except the Car note
( this is assuming no interest was being added to the debtS)
@ John John
Barbados is borrowing from Peter to pay Paul. What is that called?
Your “little scenario” is nonsense and not germane to the real issue.
A pragmatist like the blogmaster will inquire from Dullard what does a government do in 2018 with debt to gdp north of 160%, significant loan repayments falling due, international credit rating at junk status etc?
We are conflating issues. The blogmaster agrees that the remedial action taken by MOTTLEY government to reschedule debt in order to access concessionary and policy based financing is nothing to shout about, it is why we elected them- to do right on behalf of the people they serve.
Both governments have added fuel to the unsustainable economic and social models that have brought us to this point.
We need to stop!
what does a government do in 2018 with debt to gdp north of 160%, significant loans repayments falling due, international credit rating at junk status etc?
~~~~~~~~~
Do what you have to….
BUT don’t say to brass bowl political yard fowls that you “paid off the debt”. They ACTUALLY believe you…
Indeed, what SHOULD be said is exactly what Owen said some time back…. OUR ASSES are headed for the grass unless we start EARNING our keep…
Of course he then promptly kept on wasting money…. (’cause NONE of them know how to do otherwise)
Can’t wait for the fowls to get picked up HERE and THERE for their money laundering endeavors…..don’t think it’s not known…yall covered a VERY WIDE GEOGRAPHICAL AREA…….
“BUT don’t say to brass bowl political yard fowls that you “paid off the debt”. They ACTUALLY believe you…”
🤣🤣🤣🤣🤣 even worse, telling that BLATANT LIE to the media…who now?? not now, since the REPARATIONS LIE, have to WATCH everything fed to them by politicians and yardfowls…
SargeantMay 15, 2022 9:36 PM
Wonderfully noted 😉
an wen de hurricane come……
Disaster aid and concurrent debt forgiveness could be a political strategy.
DULLard
Sorry I mashed ur corns when I pointed out the difference/ meaning to refinance
Ur pride seem to be dented
The whole of Barbados know that Mia borrowed a lot and that THE debt will not be repaid in our lifetime – future governments will have to borrow to service our debt
@ David
I am not sure but I suspect that of the 95% of debt repaid was referring mostly to the local debt inherited. The contractors that wasn’t paid , income tax returned etc
@John2
The blogmaster’s comment is general. There has to be a short term plan to respond to immediate debt obligations which should not be confused with a bigger publicconcern regarding a plan to develop a more sustainable earning model linked to productivity and earning forex. There is the need also to address public awareness to growing a relevant consumer behaviour aligned to what is practical for a little country.
Big Sinck played a crucial role in enslaving the masses as financial slaves of the North.
For this he should really be rewarded. The rule of the businessmen will last forever on our island!
The problem for them and their fowls is they all still believe they are invincible and untouchable with their temporary immunity…..but, there is always a but, am 100% sure they did not tell their fowls certain things that they should know….and not about to any time soon…
…well, i certainly will not eider, cause me and dem int no frens tankfully…..that is one group of public nuisances need to find out things….THE HARDEST WAY POSSIBLE…it would do them the world of good…
“Mottley mentioned the possibility of a roadshow in September to start to tell our story to the capital markets pointing out “whether we go back into an IMF Programme or not, we believe that our story, which is a credible story, has to be told, in order to be able to…get our way back to investment grade which we hoped would have been much further along had we not had the intervention of the pandemic and the climate crisis”.
A lil advice….capital markets like hard facts and proven results.
@NO
You would think Avi knows of what you speak? He is on the consulting team isn’t he?
Mottley think that investors in the international markets are wooded by sound bites and political rhetoric
What she ought to do is use her citizens education as a financial benefit which can produce products which are beneficial to worlds economy having a roadshow wherby the citizens can go to other countries and be educated whilst learning the tricks of the trade
All this education going to waste is an indication of the way govts think of their people
@ NorthernObserver May 16, 2022 4:18 PM
The international investors will shower us with gold. That’s how creditworthy we are! Please note the ambiguity of my words … LOL.
Small caveat: Provided we pay 20 per cent interest per year and deposit 50000 natives to serve as a kind of personnel security. LOL.
For decades these taximen and others were WARNED to stop the tourism dependency, stop waiting on tourists, you have the power within you to take control of your own destiny…you are being set up by shite politicians who have no ancestral powers….they did not listen, now look…maybe now they will stop listening to parliament LIARS and FRAUDS…
permanent dependency is not living…
“However, Minister of Tourism Senator Lisa Cummins is suggesting they pivot or find other ways to survive as some circumstances were out of their control.
During a press conference at Grantley Adams International Airport (GAIA) last Friday, Cummins recalled that with the absence of the Carnival Fascination which was withdrawn from service in July 2020, and Royal Caribbean International’s focus on other destinations during the summer, there was not much they could do to get more ships to dock in the region during the upcoming months.
“Their consumers typically during the summer want to go to places that they can’t go in the winter. In the summer, they want to go to places like Alaska and the Mediterranean and when it gets cold in those places, they come to the Caribbean. (TG)”
@David
You mean ‘my man Avi’…lol.
Just another sound bite.
I have baited a few times on the pending IMF decision to no avail.
Several comments suggest there will be no renewal. That will please the SOE’s.
@NO
We have not demonstrated we have the discipline to maintain fiscal programs to avoid a spike in debt to gdp and all the other decisions that made one of the top tier indebted countries, although we are still thereabouts.
@David
The good news? There is little room to borrow more.
The balancing act continues. Not an easy job.
@ WURA
The truth about the port operations and who really controls how it’s operated is not being told.
All the ministers of tourism and those who claim to manage the port cannot speak the truth; successive governments will not speak the truth and the lies continue.
We are being told many untruths about this entire taxi service fiasco.
In the meantime one of the oldest family businesses calling all the shots without saying a single word.
It’s the old connections who control the cruise industry.
All the ministers and boards are nothing but paling cocks both Bees and Dees.
The great plan for B’town is being revealed before our very eyes and we will still be “hewers of wood and water”
We will have degrees and may end up being maids and handy men,
A word to the wise. Peace.
TLSN…the usual CORRUPT greedy, tiefing racist CABAL…
but isn’t it really nice to FINALLY have a blog that genuinely addresses the corruption giving victims concrete and permanent solutions…we have to show appreciation…it was very long in coming..
“Let’s assume that you are a citizen of a country where corruption is widespread, and your family has been the victim of a corrupt government and power structure that has illegally taken possession of real estate that has been in your hands for generations. All your efforts to obtain justice have failed, because the power of these corrupt officials, and their associates, extends to your local police and prosecutors.
If you are precluded from obtaining justice in your own country, and are considering assisting American law enforcement, by delivering evidence in your possession that implicates the corrupt individuals who defrauded your family, stole your real estate, and moved their criminal proceeds, at least in part, into the United States, in money laundering, your quest for documents and information should also include details of what is called Uncharged Criminal Conduct.”
don’t forget to tune in on Sat..
i saw a link with Part 2 coming , will post it in a bit..
TLSN…the usual CORRUPT greedy, tiefing racist CABAL…controlling the house negros, that is what happens when you hand over a slave system to descendants of the ENSLAVED with no proper education except to continue the evil..
Here you go TLSN…and for all those who actually want to see the corruption end.
https://rijock.blogspot.com/2022/05/part-two-of-ken-rijocks-presentation-on.html?m=1
https://rijock.blogspot.com/2022/05/court-rules-donville-inniss-cannot.html
Well what do you know, Donville’s request for bond is a no-go…told them by the time the appeal is called and completed, it would be time served…….best to stay put, enjoy the ride and watch the Barbados roadshow, who knows, by the time he is leaving his cell permanently, his compadres maybe waltzing in…so he may as well keep it warm..
ah take it the fowls, imps and pimps are taking an on – air break……regrouping are we? ya better come betta nex time…..debt paid off indeed…lol…plus there are a few other surprises waiting for yall, if i told ya it won’t be a surprise now will it..
Anybody who doubts the mercenary minds of our brothers and sisters in and out of parliament Bees and Dees , should read Barbados Today editorial.
How can these political/ lawyer brothers and sisters do nothing to protect their own people is total disregard of the poor Black people who gave them free education.
The enemy within. ( Garvey)
Stupse! You even understand what you read? Maybe you should do some proper research.
LGBT discrimination costly for Barbados
https://barbadostoday.bb/2022/05/18/lgbt-discrimination-costly-for-barbados/
look who is talking about doing research…..the debt was paid brigade….lol
one word for all ah dem William….TikTock…
Salemite
People don’t have time to waste with an uninformed scammer who is confused about deficit, debt and tenses. The biggest problem on BU is that lies, speculation and the salacious is celebrated while facts frowned upon. Hence you can declare the PM, Straughn et al liars without a shred of evidence; though evidence to the contrary abounds in the public sphere. But Mam because you do not know that you do not know what you’re talking about, this is expected. So you can’t fathom that outstanding payment for goods and services, vat, income tax etc. constitute debt. If you were correct, the IMF would not be signing off. The recent CB Report says: “Government’s inflows of foreign exchange from the taxes paid by the corporate sector was sufficient to cover external debt service. ” Wuh dah means? 🤣🤣
By your now changed argument i.e. the debt has not been paid off as opposed to the initial “not paying their debt”, Barbados is no different to any other country since they all have not paid of but are also paying their debt. Many Bajans are doing likewise, myself included paying off debt. Mam, stick to ctrl+c and ctrl+v.🤣🤣🤣
🤣🤣🤣 ah glad enuff you are the only one who can understand any of it….yet the DEBT is STILL NOT PAID IN FULL…and ya STILL GOT A DEFICIT….tek dat…
@ WURA
Foolish talk . Why you worry with @ Enuff.
The country in debt up to its eyes. The truth is that all of this fuss means nothing. The IMF from the beginning said the whole program would not see the needed results until 2033. Since COVID, it has been revised to 2035.
We have a one legged economy. The economy has not been restructured. We have nothing new excepting the Home Stamp, and that is the sole property of Peter Lawrence Thompson (@ PLT)
Ignore @Enuff he is intellectually dishonest.Barren of any known thought process.
Source: Nation
Skinnuh you live in Amerika, America’s debt is north of $30T. The government borrowed $6T to deal with the pandemic. You got a cheque in the mail like 3-degree? Some here live in Canada, a country that borrowed $235B during covid, increasing its debt to over $1.2T. The UK cabalites’ government increased the country’s debt to £2.4T having borrowed £469B to fight covid. Germany borrowed about €400B
Sweden and Norway the equivalent of US$44B each. Now explain how all these developed and diversified economies had to borrow but Barbados, with its main sector completely shut down by covid, could survive without doing so? Why Dominica, Grenada, Trinidad, Antigua etc all borrowed?. Even Singapore (with a 131% debt to GDP)? 🤡 🤡