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http://www.sunheraldja.com/2010/06/p...ncy-deafening/
There are many reasons why the dollar rebounded.
If import drop by 39% and export by 51 percent and the amout we import is 10 times what we export then doesn't that reflect a big drop in demand?
One of the biggest import product is cars and that drop by 40%. With that the demand for gas also drop, along with the price from 2 years ago.
The JDX was accepted as a game changer. The manufacturing sector have been asking for that how long? The PNP had a set of deaf years.
The Jamaican dollar have more backing than before with the support of the IMF. Make we fail one test and see if a true a Brown man control.
Businessmen must now be excited seeing that they don't have to pay 25% interest rate as it means more profit to them. You still hear them cussing about the price of energy and they have a right to.
The point is not everything is black and white and if we want growth and stability you have to encourage it.
There are many reasons why the dollar rebounded.
If import drop by 39% and export by 51 percent and the amout we import is 10 times what we export then doesn't that reflect a big drop in demand?
One of the biggest import product is cars and that drop by 40%. With that the demand for gas also drop, along with the price from 2 years ago.
The JDX was accepted as a game changer. The manufacturing sector have been asking for that how long? The PNP had a set of deaf years.
The Jamaican dollar have more backing than before with the support of the IMF. Make we fail one test and see if a true a Brown man control.
Businessmen must now be excited seeing that they don't have to pay 25% interest rate as it means more profit to them. You still hear them cussing about the price of energy and they have a right to.
The point is not everything is black and white and if we want growth and stability you have to encourage it.
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