Here comes the con man...commin wid his con plan...

[Comment]

"With domestic pressure building, the White House is lending its "strong support for Jamaica's work to deal with a debt crisis" said another senior Obama advisor, Ricardo Zuniga.

Critics say Jamaica has been forced to adopt what the US-based Center for Economic and Policy Research called "the most austere budget in the world."

"Jamaica actually has a lower per capita GDP in 2015 than when Obama was elected more than six years ago,"

HERO PETER!!! Tun up di ting.

[Sir X]

Obama should put an end to extreme austerity in Jamaica

President's official visit to the Caribbean nation should provoke a reassessment of disastrous IMF policies
April 8, 2015 2:00AM ET
by Mark Weisbrot @MarkWeisbrot
The international media isn’t paying much attention to President Barack Obama’s trip to Jamaica this week, but maybe they should. The country has become a terrible example of what can happen when creditors — led by the International Monetary Fund — are able to impose harsh austerity on a small nation in an attempt to collect on an uncollectable debt. Because the U.S. Treasury Department decides what the IMF does in the Western Hemisphere, President Obama himself can claim responsibility for this crushing economic failure.

http://america.aljazeera.com/opinion...n-jamaica.html

[HL]

Xbox, let's say the IMF and WB forgive Jamaica of ALL its debt

Do you think the Jamaican govt. could keep the country in the black for generations to come?

Thankx

t

[Sir X]

Answered that years ago,do what you do best search the archives,it isn't mutually exclusive.

[Don1]

Obama should put an end to extreme austerity in Jamaica

President's official visit to the Caribbean nation should provoke a reassessment of disastrous IMF policies
April 8, 2015 2:00AM ET
by Mark Weisbrot @MarkWeisbrot
The international media isn’t paying much attention to President Barack Obama’s trip to Jamaica this week, but maybe they should. The country has become a terrible example of what can happen when creditors — led by the International Monetary Fund — are able to impose harsh austerity on a small nation in an attempt to collect on an uncollectable debt. Because the U.S. Treasury Department decides what the IMF does in the Western Hemisphere, President Obama himself can claim responsibility for this crushing economic failure.

http://america.aljazeera.com/opinion...n-jamaica.html

From a political standpoint changing IMF conditionalities is an IMPOSSIBILITY for Obama. Politics is the art of the possible.... not fantasy.

The banking & business oligarchs who fund Obama and his Democrat party would DEFINITELY NOT support a debt write-off... So that kills that idea

This is WAAAAAYYYY bigger than just Obama and WAAAAAYYYY bigger than tinpot, bruk packit Jamaica

This is about not setting a 'BAD PRECEDENT" and maintaining THE ORDER

There's unfortunately no third way for Jamaica...that's a fantasy. Manley tried that long ago and was squashed like a Cockroach. Our way now is just to follow THE ORDER as best we can

Let's get real folks

[Comment]

From a political standpoint changing IMF conditionalities is an IMPOSSIBILITY for Obama. Politics is the art of the possible.... not fantasy.

The banking & business oligarchs who fund Obama and his Democrat party would DEFINITELY NOT support a debt write-off... So that kills that idea

This is WAAAAAYYYY bigger than just Obama and WAAAAAYYYY bigger than tinpot, bruk packit Jamaica

This is about not setting a 'BAD PRECEDENT" and maintaining THE ORDER

There's unfortunately no third way for Jamaica...that's a fantasy. Manley tried that long ago and was squashed like a Cockroach. Our way now is just to follow THE ORDER as best we can

Let's get real folks

A guy called Lee tried long ago too. It worked out pretty well for him...

[Don1]

A guy called Lee tried long ago too. It worked out pretty well for him...

Who dat...Bruce??

[Mosiah]

Do you think the United States would have become the world leader it is today if she didn't benefit from 300 years of free labour?

Thanks!

[Mosiah]

No, Michael Lee Chin.

[Don1]

No, Michael Lee Chin.

LOL.. miseeit

[Sir X]

As Obama Visits, New Reports Says IMF Program Is Crushing Jamaica’s Economy

https://foreignpolicy.com/2015/04/08...aicas-economy/

[HL]

No:

BTW: Singapore also benefitted from slave labor...das why them well developed aaan 'ave nuff nuff money

[Jangle]

Bryon

[Mosiah]

No:

BTW: Singapore also benefitted from slave labor...das why them well developed aaan 'ave nuff nuff money

Yep, those with money sure have it. Those who don't have it...

Despite holding the world's highest concentration of millionaires, the city-state also boasts the second-biggest inequality gap among Asia's advanced economies.

- BBC

[HL]

The Jamaican poor people would be dancing the jig and doing cart-wheels with Singapore's inequality gap....

Anyway mi gane.