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Willi I know you and others know about banking

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  • #16
    Define banking. What most entitities were doing would not qualify as banking.

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    • #17
      Originally posted by Don1 View Post
      A well run bank has superior credit underwriting and risk management, stays away from speculative long term real estate ventures using depositor's short term money...
      So true! Even technology company, Xerox Ja Ltd, got themselves quagmired into the real estate business. Do they exist anymore in Jamaica?


      BLACK LIVES MATTER

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      • #18
        Originally posted by Muadib View Post
        There should be in enquiry !

        ...into the Tivoli Incursion, including the murder of Mr. Clarke.


        BLACK LIVES MATTER

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        • #19
          What is wrong if Xerox got into real estate business? Macdonalds is one of the biggest Real Estate business in America.

          Is it wrong for other companies to go into new ventures? I agree research must be done but nothing is wrong for people to go into new areas.
          • Don't let negative things break you, instead let it be your strength, your reason for growth. Life is for living and I won't spend my life feeling cheated and downtrodden.

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          • #20
            not mutually exclusive.. although one could argue the financial collapse led to such societal failures such as the deepening of garrisons and dependency on non-state entities..

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            • #21
              If most were doing it then you don't think there is any government failure to curb it????

              isn't that what government are choosen for??? Government shouldn't assist it.
              • Don't let negative things break you, instead let it be your strength, your reason for growth. Life is for living and I won't spend my life feeling cheated and downtrodden.

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              • #22
                Sass I have some numbers for you.40,000 Businesses were closed because of FINSAC. I would hazard a guess and say ja economy is really strong. Well in population below 3 mil, unemployment was kept in the teens (even with 40k businesses closing). My guess is that every adult in Ja owns a business.Ja looking good.

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                • #23
                  My guess is that every adult in Ja owns a business. well not any more! 40K were closed, remember?

                  Infidelity does not consist in believing, or in disbelieving; it consists in professing to believe what he does not believe. Thomas Paine

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                  • #24
                    Exactly my point, hence the other 6ook kept Ja afloat with their businesses.

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                    • #25
                      JA is afloat?!!!

                      Infidelity does not consist in believing, or in disbelieving; it consists in professing to believe what he does not believe. Thomas Paine

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                      • #26
                        in relative terms yes. If after 40k businesses were closed and unemployment was still held in the teens (granted we are talking a population under 3 mil) not only afloat but sailing.

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                        • #27
                          um.. so borrowing to the point of 'bankruptcy' to keep people 'employment' numbers up impresses you ?

                          Instructive..

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                          • #28
                            Do you understand some can be working and own a coffee farm or a minivan. Is that considered a business???

                            For people who claim to be socialists and comrades some of unnu certainly forget about the real SMALL BUSINESSES.
                            • Don't let negative things break you, instead let it be your strength, your reason for growth. Life is for living and I won't spend my life feeling cheated and downtrodden.

                            Comment


                            • #29
                              Well we need a lifeboat captain
                              • Don't let negative things break you, instead let it be your strength, your reason for growth. Life is for living and I won't spend my life feeling cheated and downtrodden.

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                              • #30
                                What was it that i said was wrong Sass? I agreed 40k businesses closed by that wicked FINSAC yet unemployment numbers were still held down. Marvelous, yes?

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