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Old June 29th, 2020, 10:42 PM
Don1's Avatar
Don1 Don1 is offline
Reggae Prime Minister
Join Date: Oct 2007
Posts: 30,227
Default JA Deconstructed For Dummies

Another aspect of Jamaica's fake "independence" is the economics of the country...something you've shown substantial ignorance about.

Here we have a Dummy criticizing Jamaicans...for living outside JA. One cannot find a position more Dummy-like than this. Maybe thinking tourism can propel Jamaica to "prosperity" is another such idea...especially with 50+ years of tourism futility

Expat Jamaicans are recorded as sending ~US$2.5 Billion (2019) in remittances back home. This is the number recorded via bank transfers. This doesn't include money physically brought in, in-kind gifts made, credit card purchases in-country, purchase of tourism related services etc. I'd guesstimate - very conservatively - say another $750 Million in spending by foreign-based Yardies.

That's ~US$3.2 Billion in child support for an infant country (Johnny that's what "dependence" looks like) There's virtually nothing flowing from JA to its US-based nationals..for obvious reasons.

JA's GDP is ~US$16 Billion. Tourism earnings are ~US$3.2B (2019) -- But tourism leaks ~65% of earnings in imports to support hosting overweight tourists -- so the net earnings are ~US$1 Billion -- very pathetic for a "leading industry"

So Jamaica survives mainly on remittances from foreign nationals, some tourism retained earnings and lots of loans

Remittances are by far the biggest earner on a net basis so JA is in effect, a national Welfare Queen

Yet Complete Dummies criticize Jamaicans...for living abroad. There aint any more Dummy Thinking than that. It's actually off the Dummy Charts

Recognizing the victims of Jamaica's horrendous criminality and exposing the Dummies supporting criminals by their deeds.. or their silence.

D1 - Xposing Dummies since 2007
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