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<We don't need to re-litigate these issues and certainly don't need to treat the FINSAC experience like firefighters who once called, put out the fire only to be accused of ruining the carpets with high-pressure water!
To be sure, we need to finance innovative small and medium-size enterprises. We also need to assist in moving viable informal sector activities into the formal sector. It is not, however, commercial banks whose skill set and business model - fractional reserve banking - that equip them for these tasks.
Thinking of this kind shall surely lead to certain disaster of the kind we can ill afford.
Wilberne Persaud, an economist, currently works on impacts of technology change on business and society, including capital solutions for innovative Caribbean SMEs.>
http://jamaica-gleaner.com/gleaner/2...usiness71.html
Edward Seaga got up in Parliament and told dem.. DO NOT DO WHAT YOU ABOUT TO DO !!.. if you do THESE THINGS WILL HAPPEN..
and for that they called him a goat mout....
Persaud needs develop some self-respect.... is muss Omar boyfriend to rath..
To be sure, we need to finance innovative small and medium-size enterprises. We also need to assist in moving viable informal sector activities into the formal sector. It is not, however, commercial banks whose skill set and business model - fractional reserve banking - that equip them for these tasks.
Thinking of this kind shall surely lead to certain disaster of the kind we can ill afford.
Wilberne Persaud, an economist, currently works on impacts of technology change on business and society, including capital solutions for innovative Caribbean SMEs.>
http://jamaica-gleaner.com/gleaner/2...usiness71.html
Edward Seaga got up in Parliament and told dem.. DO NOT DO WHAT YOU ABOUT TO DO !!.. if you do THESE THINGS WILL HAPPEN..
and for that they called him a goat mout....
Persaud needs develop some self-respect.... is muss Omar boyfriend to rath..
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