Debt ratio over 100 percent in Jamaica

[evanovitch]

Debt ratio over 100 percent in Jamaica

Major rating agency Standard & Poor's says the global financial crisis has had a big impact in the tourism-dependent Caribbean.

In a new report on the Caribbean Standard & Poor's notes that that economic growth and foreign direct investment has slowed while public debt has increased.

The debt ratio is over 100 percent in countries like Jamaica, St. Kitts & Nevis, Grenada and Barbados.

Several countries have arrangements with the International Monetary Fund to provide economic stability.

[RichD]

Re: Debt ratio over 100 percent in Jamaica

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: evanovitch</div><div class="ubbcode-body">...<span style="font-weight: bold">and Barbados.</span>


</div></div>

dem too

[jah_yout]

Re: Debt ratio over 100 percent in Jamaica

demand debt forgiveness as part of a comprehensive reparations plan!!!

[RichD]

Re: Debt ratio over 100 percent in Jamaica

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: jah_yout</div><div class="ubbcode-body">demand debt forgiveness as part of a comprehensive reparations plan!!!

</div></div>

problem is the majorty fo the debt is not to other sovereigns its to Jamaicans and other individuals (last time i looked about 60+ % of the debt was to domestic lenders)

[blugiant]

Re: Debt ratio over 100 percent in Jamaica

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: RichD</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: evanovitch</div><div class="ubbcode-body">...<span style="font-weight: bold">and Barbados.</span>


</div></div>

dem too </div></div>

mii didd tink barbados wass furst wurld eeconnooomee

[Dr.Dudd]

Re: Debt ratio over 100 percent in Jamaica

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: RichD</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: evanovitch</div><div class="ubbcode-body">...<span style="font-weight: bold">and Barbados.</span>


</div></div>

dem too </div></div>Well long time I've been saying that Barbados economic picture is not what the media promote as the reality. They like a lot of other so called &quot;developed economies are libing on paid PR for a long time.

[blugiant]

Re: Debt ratio over 100 percent in Jamaica

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: RichD</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: jah_yout</div><div class="ubbcode-body">demand debt forgiveness as part of a comprehensive reparations plan!!!

</div></div>

problem is the majorty fo the debt is not to other sovereigns its to Jamaicans and other individuals (last time i looked about 60+ % of the debt was to domestic lenders) </div></div>

stapp eeth richd




jamaica nuh print itt own money? iff jamaica print itt own money, dat nuh meen itt caan print de money fe pay aff itt debt?

fiscal argument versus monetary argument

[RichD]

Re: Debt ratio over 100 percent in Jamaica

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: blakkgiant</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: RichD</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: jah_yout</div><div class="ubbcode-body">demand debt forgiveness as part of a comprehensive reparations plan!!!

</div></div>

problem is the majorty fo the debt is not to other sovereigns its to Jamaicans and other individuals (last time i looked about 60+ % of the debt was to domestic lenders) </div></div>

stapp eeth richd




jamaica nuh print itt own money? iff jamaica print itt own money, dat nuh meen itt caan print de money fe pay aff itt debt?

fiscal argument versus monetary argument </div></div>

not sure exactly what you trying to say ..but a good portion of the domestic debt is denominated in US$$

[blugiant]

Re: Debt ratio over 100 percent in Jamaica

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Dr.Dudd</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: RichD</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: evanovitch</div><div class="ubbcode-body">...<span style="font-weight: bold">and Barbados.</span>


</div></div>

dem too </div></div>Well long time I've been saying that Barbados economic picture is not what the media promote as the reality. They like a lot of other so called &quot;developed economies are libing on paid PR for a long time.
</div></div>

dudd wat dat new eecaanyamikk categoree dem ave &quot;developed eecaanmeees&quot; widd increasinn povertee

[blugiant]

Re: Debt ratio over 100 percent in Jamaica

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: RichD</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: blakkgiant</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: RichD</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: jah_yout</div><div class="ubbcode-body">demand debt forgiveness as part of a comprehensive reparations plan!!!

</div></div>

problem is the majorty fo the debt is not to other sovereigns its to Jamaicans and other individuals (last time i looked about 60+ % of the debt was to domestic lenders) </div></div>

stapp eeth richd




jamaica nuh print itt own money? iff jamaica print itt own money, dat nuh meen itt caan print de money fe pay aff itt debt?

fiscal argument versus monetary argument </div></div>

not sure exactly what you trying to say ..but a good portion of the domestic debt is denominated in US$$ </div></div>

mii wandar y jamaicans putt soo much faith inn dem credit ratinn agencies given dem politrixx histaree. y ja peeps doan analyzed dem methodologee oww draw dem canclusions

mii wandar wat ppotion aff ja debt iss inn de dollars?

[RichD]

Re: Debt ratio over 100 percent in Jamaica

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: blakkgiant</div><div class="ubbcode-body">

mii wandar wat ppotion aff ja debt iss inn de dollars? </div></div>

check the ministry of finance debt management unit web site (it down right now) for a breakdown of the debt..what is domestic..what kinds of bonds due and when etc.