Investments have consequences

[Sir X]

These labourites need to realise the cold war is dead , unnuh caaan depen pon washington nuh more dat dead from 1980s,The mask is off the B.S about economic miracle in the 80s has been rejected by your own CIA.It was a disaster .

Nuh dis same P.M forget bout im half million dollar loan ?owed and paid for by the Jamaican people.

[Muadib]

Claude Clarke a JLP ??!

lol ! Woiiee !

Yuh can read:

<GDP GROWTH DID ACCELERATE IN THE SECOND HALF OF THE 1980s but, in the past 20 years, real per capita GDP has increased on average only one per cent.>

Growth continued at 5% into 90's on momentum alone.. den Braps.. "Black Man Time" and all now wi a feel dat pain !

[Muadib]

Claffy.. what about the 80's was a DISASTER.. please explain in Economic Terms..

Be careful because there is a follow up question...

[Sir X]

unnu need to educate di CÍA and these right wing conservatives, the truth is the 80 d was an economic disaster, that saw growth go back to the 1980 level.

[Muadib]

The CIA is not refuting that growth accelerated in the latter part of the 80's going into early 90's.. your 'report' predated this period..

You belief the ripple effect of the 70's would just end automatically in 1980 ? yuh ah fool ?

How can a disaster produce >5% Economic growth per year in the 2nd Half of the 80's going into the early 90's claffy ?

Now tek wheh yuhself... yuh and yuh 1980's 'CIA' conservatives.. yuh nuh si dem nevah happy seh Eddie was ah tell dem bout dem parts cause and nevah follow di hard line set by di same IMF yuh love cuss.. bout disastah.. yuh ah eediat ?

lol ! woiee ! Comedy Central !

Heng by yuh own Peetard..

[Sir X]

Suh Eddie tun socialist ,dats why im neva follow di imf ,or im get religon like manley in the 70s ,anyway aid got stopped ,economy died and he was out coincidence ?

[Sir X]

Unlike Manley who had the excuse of destabalisation , Seaga had none in the 80s he operated in peace , and had nothing to show for it but a ballon in debt , aid stopped and booted out of office.

I say it every day the difference in the economies of the 70s and 80s was destabilisation and Seaga was no better.The stats dont lie.In other words the illusion of peace and massive debt , dollar devaluation in the 80s is seen by some as 8 % growth...lol


Claffy....again nuh dis same bredda borrow half a million and figet bout it ?

[Mosiah]

Claffy....again nuh dis same bredda borrow half a million and figet bout it ?

Only half million?!?

[Don1]

My point was about debt...perhaps you missed that

It's clear that Seaga started JA on the path to massive debt accumulation...at one point the Debt/GDP ratio was around 200%

[Muadib]

Operated in peace ? Nothing to show for it ? lol !

I think I understand your problem.. it has been so long that the country has had growth over 3% that the concept does not even register in you brain

Ah notice yuh conveniently avoiding everything after 1989... what excuse do you have from what happened after 1989 when Manley took over and the PNP had peace and Global prosperity ?

Why so defensive about the 70's by the way ? Even Manley admitted his errors.. yuh still ah contort yuhself..

I like this though.. you finally showing your true colors.. mi nuh know WHO yuh was ah try fool comrade..

[Sir X]

Avoiding ? Boss I clearly stated give the PNP all the blame ,to blunt your predicatble percieved ingrained bias.

Deal with it BOSS , CIA , i.e conservative think tank in 86 , Reagan boys said Seaga so called financial wizardy the 8% was a disaster !Seaga was viewed as a nuisance , a beggar with no real plan but to borrow.Nothing has changed since from either government.They were right , history will record he was voted out 3 years later.That should put Manleys governance of self relinace/destabalisation in perspective, granted like you said he made some mistakes and he admits it , he should not have been so dismissive of the west , but carried on quietly and on more friendly terms with the west cc Lula Brazil.

What the PNP/JLP did in the 90s to present is just an acceleration of the disaster.

[Muadib]

Remember the good old days of disastrous policies Claffy ?

<In 1992, our total exports of goods and services exceeded total imports. By 2008, as imports replaced domestic goods production in keeping with the policy to de-emphasise manufacturing, exports of goods and services were barely enough to pay for 60 per cent of our total goods and services imports.>

lol ! woiee !

[Muadib]

This is the path that Seaga started JA on:

<In 1992, our total exports of goods and services exceeded total imports. By 2008, as imports replaced domestic goods production in keeping with the policy to de-emphasise manufacturing, exports of goods and services were barely enough to pay for 60 per cent of our total goods and services imports.>

Talk about momentum from Seaga 80's policies.. all 2 years into the 90's..

Then BRAPS !!

"Black Man Time"...

[Sir X]

Yes a policy of continued disaster,whats new .

[Muadib]

Claffy.. the policies that were working to produce exports exceeding imports were the ones established in the 80's by Seaga...

Then came "Black Man Time"..

Now stop being obtuse... even your simple mind should be able to follow along here..