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Central Bank Economic Review January to September 2016

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Click image to read Central Bank Economic Review January to September 2016

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71 Comments on “Central Bank Economic Review January to September 2016”

  1. Well Well & Consequences October 25, 2016 at 8:13 PM #

    Did any of his forecasts come to past, that’s the question.

    Like

  2. Bernard Codrington. October 25, 2016 at 8:39 PM #

    Nothing worthy of note there. Nothing surprising. Domestic Private sector not registering any growth. GOB attempting to fill the gap;but not doing a good job.

    Since David asked in another submission about privatisation. I would suggest GOB outsource or privatize the Prison and The Justice System since productivity appears to be low in those areas. LOL!!!

    Like

  3. Bush Tea October 25, 2016 at 9:19 PM #

    @ Bernard
    I would suggest GOB outsource or privatize the Prison and The Justice System since productivity appears to be low in those areas. LOL!!!
    ++++++++++++++++++++++++++++++++++++++++++++++++++++
    How long before we seriously consider outsourcing our national leadership? It seems that this is the fundamental weakness that needs to be addressed. Those assets that were serious liabilities – such as BNB and Bartel – which were privatised, now all seem to be doing exceptionally well for the foreign owners.

    Why don’t we privatise the Parliament?

    Like

  4. David October 26, 2016 at 2:05 AM #

    The MoF should explain why the government is still printing money?

    Like

  5. Dompey October 26, 2016 at 5:08 AM #

    Bushie

    Outsourcing and privatization are components of the global economy in its modern context! Government privatize and outsource while maintain minimum oversight not because it benefit the taxpayers, but because it could be done much cheaper and inadequate in the private sector.

    Like

  6. ac October 26, 2016 at 6:29 AM #

    In an impromptu statement yesterday OSA said “sometimes if you refrain from doing what you must do it inflicts more damage than doing those things that you have to do no matter how painful.

    If find this statement to be very interesting and not self serving .However the bottom line being that no one expects to be looking forward to more pain. He also took umbrage to govt handling of the economy by taxation
    My question to OSA going forward what kind of pain would he would expect that govt should be inflict on the citizens after denouncing govt earlier plans as draconian

    Like

  7. David October 26, 2016 at 6:37 AM #

    Arthur

    By Colville Mounsey on Oct 26, 2016 05:33 am

    Owen Arthur

    Government’s fiscal policy is inflicting damage on the country and the time has arrived for the Freundel Stuart administration to implement tough measures to stem the current tide of economic decline, according to former Prime Minister Owen Arthur. “Sometimes if you refrain from doing what you must do it inflicts more damage than doing the […]

    Read in browser »

    Like

  8. Violet C Beckles October 26, 2016 at 6:59 AM #

    You all still waiting for crooks to come clean while they rob you each day and any way they can , Nothing works in Bim but crime

    Like

  9. Frustrated Businessman aka 'Nation of Laws' my ass. October 26, 2016 at 7:33 AM #

    The ‘ambush financing’ is not mentioned.

    The private sector is being held to ransom by gov’t for goods and services by gov’t debt.

    If goods and services are withdrawn the vendor goes broke and another desperate provider steps into the breach.

    We would be very lucky to make it to the next election without a collapse and it would only be due to private sector fortitude.

    There will be no economic recovery under Fumble’s Fools.

    Like

  10. recoanthony October 26, 2016 at 7:50 AM #

    WHY THIS COUNTRY IN THE POSITION IT IN NOW IS: 40 YEARS OF STEELING, AINT 40 MORNINGS……YES 40 YEARS, THEY HAVE KNOCK OUT THE PILLARS OF THIS PLACE, SO NOW BARBADOS IS STANDING ON ONE PILLAR NOW IN THE CENTER. SO DAY BY DA WE HAVE TO BE DOING AH JUGGLING ACT SO AS TO NOT LET IT TIP OVER. BUT ANYWAY ALL THE GREED, CORRUPTION, GRAFT, COVETOUSNESS ETC ONE DAY WILL COME TO PASS

    Like

  11. Bernard Codrington. October 26, 2016 at 8:00 AM #

    @ Bush Tea Oct 25 @ 9:25 PM

    I was under the mistaken understanding that most bloggers thought Parliament was already privatised. My mistake.

    Just 50 years ago parliament was owned by Foreigners and now, you BushTtea of all persons, want to reverse the process. I think you making sport at poor black people like me. But that is O.K.

    Like

  12. Bush Tea October 26, 2016 at 8:12 AM #

    LOL @ Bernard
    …just extrapolating your logic on the Prison and Justice System to it’s logical conclusion…

    Like

  13. Hants October 26, 2016 at 8:24 AM #

    When will Bajan politicians realise that Barbados cannot rely on International Business and Tourism as a source of continuous “growth”.

    The only way an economic collapse can be prevented is by fast tracking construction projects, investment in food production to reduce imports and find ways to diversify the economy.

    International business could continue to decline.

    Tourism is always at risk. You rely on people who have other options ( like Cuba ) to visit and those that visit may not spend as much as you hope for.

    Barbados is in deep shttt and the slumbering politicians must wake up.

    That is just my morning rant because I am pisssed that my assets in Barbados will be more difficult to sell.

    I remain a “legacy” DLP supporter who is wondering wtf happened to a once good political party.

    Like

  14. Vincent Haynes October 26, 2016 at 9:24 AM #

    Hants October 26, 2016 at 8:24 AM #

    Well said.

    David

    What is baffling me is that despite all the declines mentioned in the review,OSAs dire warnings and the laments of the populli…..this govt still sees itself on the right road.

    Like

  15. Georgie Porgie October 26, 2016 at 9:31 AM #

    how can anything be better in barbados when it is largely composed of the quality of morons a exemplified by those who opine on BU DAILY with this drivel

    What is baffling me is Hants is why the idiots who come here daily talking shite think that their shite talking is doing anything

    see why I love to mock in the talk shop

    how do the dumb lead the dumb

    Like

  16. Anonymouse - TheGazer October 26, 2016 at 9:52 AM #

    Saw this on FB:
    “By the way the US printed 85 billion dollars a month to assist its government during the recession period. I did not hear S&P downgrade the U.S. over this matter.”

    It appaer that they are quite a number of Bajans, not just the ACs, who equate Barbados with the US.

    Like

  17. Bernard Codrington. October 26, 2016 at 10:01 AM #

    @Bush Tea at 8: 12 A M.

    I know Bush Tea that your brain sharper than the whacker the previous administration gave you. No offence taken.

    Like

  18. Georgie Porgie October 26, 2016 at 10:04 AM #

    Anonymouse – TheGazer October 26, 2016 at 9:52 AM #

    DO YOU THINK THAT THE SHYTE TALK HERE ON THE DAILY DRIVEL IS HELPING? OR IS IT JUST LIKE GOING TO THE TOILET FOR MOST POSTERS

    WHY DO YOU THINK THAT THE DRIVELERS CAN NOT STAY ON POINT ON ANY TOPIC

    HOW CAN BIM IMPROVE WHEN THE BEST BRAINS PRODUCED IN THE COUNTRY HA LEFT THE COUNTRY LEAVING THE DUMMIES

    Like

  19. David October 26, 2016 at 10:18 AM #

    @Vincent

    Your answer can be found in the fact Bajans define a democracy by the opportunity to plant an X every five years. It is compounded by how we distil all issues through partisan lenses. We have to find a way to create new thinking.

    Like

  20. Well Well & Consequences October 26, 2016 at 10:33 AM #

    “Conventional economics is a form of brain damage”..as told by a true genius David Suzuki, who is still very much alive….

    …… those little shithound economists in Barbados are clueless and are only mimicking the failures that are ecnomists in the bigger countries. ..they are all brain damaged fools.

    Like

  21. ac October 26, 2016 at 12:46 PM #

    OSA also made an expression concerning the printing of money to pay debt wonder if he remembers that within a four year period he borrowed one billion dollars to shore up the reserves .
    Now he makes bold and loud pronouncements with standing orders on the path necessary for the economy to heal. way or ways to inflict more pain on the people
    It would be interesting to know how and when those measures should be taken and who should carry the heaviest load

    Like

  22. Tudor October 26, 2016 at 2:10 PM #

    OSA with one hand tied behind his back is far better than this entire incompetent lot banded together. What he is saying is that to delay action to correct a situation is to make the issue worse. The GOCB is lost so is the MOF who is turning so many corners that he has to be confused. according to the Nation today a further $114 M dollars have been printed…..

    I am not and have never been nor do I intend to join any political party but I am not aware that any of the CB’s forecast have been met.

    Like

  23. Well Well & Consequences October 26, 2016 at 2:10 PM #

    Like

  24. Well Well & Consequences October 26, 2016 at 2:20 PM #

    Ya know as long as the ACs are defending, they are backing a losing horse. They are intellectually unable to back winners.

    Like

  25. Vincent Haynes October 26, 2016 at 2:22 PM #

    David October 26, 2016 at 10:18 AM #

    We have to find a way to create new thinking.
    ………………………………………………………………………

    We always end up at this juncture,with me asking the question how…..vox poppuli…….where is it?

    Like

  26. FearPlay October 26, 2016 at 2:40 PM #

    It would appear that the country needs another General Bussa at this time. Be reminded that we interpreted history so as to justify what was at the time, a criminal act. In time, it became a watershed in our fight for freedom from oppression. Eighteen months may be too long for the patient to remain in the intensive care unit as we again await delivery from oppression.

    Like

  27. Well Well & Consequences October 26, 2016 at 2:42 PM #

    http://www.barbadostoday.bb/2016/10/26/no-decision-on-hyatt-says-town-planner/

    Does any government minister have an original thought or idea to benefit the country or people in their heads, besides doling out taxpayer’s money and contracts…as a matter of fact, does any politician.

    Where are the originals ideas and plans emanating from parliament to drive the economy, implemented by the ministers being paid to do such, how much more useless will they get.

    Like

  28. Violet C Beckles October 26, 2016 at 2:57 PM #

    OSA IS A CROOK WITH HIS AG MIA, if you all do your home work , you will see when , where and how Barbados end up where we are ,It takes 30 years for a PONZI TO COME TO LIGHT, 1986 TO 2016, start with the land search records,land tax, inland rev, water company ,archives and the lawyer ministers and lawyers,

    What we are seeing today that all the tricks to cover up the massive fraud is now popping up faster than they can hided, World records, Audits are proving to be more than the DOWN GRADES CAN TAKE,
    TRUTH IS THE ONLY PATH A LIAR CAN NOT TAKE, WE HAVE 60 MAIN LIARS AND CROOKS IN THE DLP AND BLP AND THE DBLP GOVERNMENT AND THE OTHER SENATORS ,

    AT THE POINTS WARRANT ARE SEEKING THESE CROOKS , PANAMA PAPERS , SEEN LIKE WE FORGOT ABOUT THAT, THE 13 FAMILIES THAT RUN AND RULE THE WORLD BY WAY OF BANKING AND WARS AND RUNNING FOR THEIR LIVES,

    RUSSIA AND CHINA IS ON THEM AND THE RETURN TO THE GOLD STANDARD ,WE CAN WAIT TILL THE REACH FIRST CARIBBEAN CIBC AND THEIR OWNERS

    Like

  29. Gabriel October 26, 2016 at 3:45 PM #

    William Skinner’s buddy has spoken once more.I don’t listen to his crap.As far as I am concerned between this idyut Worrall and Dtuart along with Sinckler are cumulatively the cause of Barbados’s current demise and until the citizen speaks and takes back the country from these 3 incompetents,no serious investor will look at Barbados with any confidence.Lies,lies and more damn lies.Plenty if,ands,buts,howevers,we believe,should haves…all crap!

    Like

  30. millertheanunnaki October 26, 2016 at 4:52 PM #

    @ Gabriel October 26, 2016 at 3:45 PM

    There is nothing more OSA can advise or warn the current administration about to save your little country from a national haircut that would have serious social and economic repercussions on the average Bajan.

    How can a country without its own tradable currency continue to print money with no corresponding economic output to pay for its high food and fuel import bill? Is Barbados about to follow Zimbabwe?

    Enjoy your last ‘Independence’ party and Xmas before the economic iceberg of Titanic called Devaluation drifts towards Bim.

    Like

  31. David October 26, 2016 at 5:37 PM #

    @Miller

    When the pretty talk is delivered by the MoF, Governor et al there is one performance indicator BU will judge them by, the level of foreign reserves. Despite our best effort the trendline keeps going South. Without forex we will be unable to defend the peg.

    Like

  32. Gabriel October 26, 2016 at 6:47 PM #

    There will be a brief respite with the coming Winter Cruise Season and the Winter Tourist Season Dec 15 to Apr 15th.There will be US dollars in the community and that should stave off the fox at the door.If the JA’s use their head for once in their second term,they will call the election early in ’17 and leave the mess to the BLP to clean up.The first order of business should be to cancel all their pensions and imprison the black lip guy,followed by all the names he will call including the chicken wing collaborators.

    Like

  33. ac October 26, 2016 at 7:43 PM #

    the blp cannot even fix their own problems beats me how de hell they will fix a nation problems , Unlike OSA who has the balls to say something about the economy referencing some kind of solution rather agreed upon or not Mia has gone radio silent saying In any event she cannot hide much longer as people will be asking what are her solutions given that the upcoming Oct surprise do not through her to the kerb

    Like

  34. Gabriel October 26, 2016 at 8:21 PM #

    The DLP JA loser Pilgrim was braying tonite on DLPTV.He was muted as was Lowe and when it got to the abuse of little school children by the King of Porn,I had had it with these slimebags and turned off the TV completely.The kind of porn and the the liar in northwest are serial abusers of little children under the guise of giving them gifts for a return in exposure as some kind of early Santa Claus.Bastids.Forkers and sumsbeetches.

    Like

  35. lawson October 27, 2016 at 7:01 AM #

    Well Well I was drinking in a asian type restaurant and susuki came in looked around and said where are the korean people ..the girl at the bar explained it was the type of food they sold not the staff, he yelled there is no koreans here and stormed out giving us white guys at the bar some entertamaint What a putz

    Like

  36. Well Well & Consequences October 27, 2016 at 7:11 AM #

    Lawson…Suzuki did not say what Europeans wanted to hear so all the stories will come out, did you know that at Trump’s casino in Atlantic city when him and his then uglyy wife Ivanka paid a visit to the casino, all the blacks who worked there had to be removed from the floor because him nor his wife wanted to see black people….I think that is decidely worse, google it.

    What do you think about that.

    At least Suzuki wanted to see Korean people, I would want to know why he asked.

    Like

  37. Gabriel October 27, 2016 at 8:11 AM #

    The Trinidad business community seem to be in a spot of bother in getting US dollars to transact their foreign purchases.The Season of goodwill is upon us so the strain on their foreign reserves will be felt.Massy and to a lesser extent Ansa are in a slightly advantageous position with commercial activities in Barbados so it is posited that they are better placed to control and use their Barbados earned US dollars to pay for Trinidad bound goods.
    It is noted that an informed Senator in that country is asking questions about Sandals in Tobago.Specifically she wants to know where they will be purchasing their merchandise and whether there is any truth in the rumour that the number of non Trinidadians working at the resort will be significant.

    Like

  38. Anonymouse - TheGazer October 27, 2016 at 8:27 AM #

    The lesson learned from SUzuki is that you should support your own businesses. If we spent more dollars in our community, it might be better off.

    Like

  39. Well Well & Consequences October 27, 2016 at 9:49 AM #

    Anon,..just as we keep saying, keep the money in the black community, let it circulate right there, the others who have leeched for over 3 decades on the majority, can take care of themselves well enough, do not be taken in by their self-serving scams…it’s that easy.

    Like

  40. Bajan in NY October 27, 2016 at 11:03 AM #

    @David(BU)

    Any truth to this story…

    Suriname to ship fresh water to Barbados
    By Sasha Harrinanan Thursday, October 27 2016

    Barbados may soon have a long-term solution to its water shortage problems, depending on the results of a trial shipment of fresh water from Suriname.

    Scheduled to depart the South American nation around November 25, the shipment of a maximum of two million litres of surface water in a flextank was made possible by the signing of a Memorandum of Understanding (MOU) between the Government of Barbados and Amazone Resources (AR); a Dutch- Suriname company, in April 2015.

    http://newsday.co.tt/businessday/0,235135.html

    Like

  41. lawson October 27, 2016 at 11:12 AM #

    Well Well again you seem to be off the mark, always playing the race card … you say they wanted all the blacks off the floor because they didnt want to see them rather than the alternative scenerio ….the the jewels she was wearing were real.

    Like

  42. David October 27, 2016 at 11:17 AM #

    @Gabriel

    The Trinidad economy is struggling. The longer the price of oil remains at 50.00 or below it will be hell!

    Like

  43. David October 27, 2016 at 11:19 AM #

    @Bajan NY

    This is news. At no time has the minister for water or the BWA mentioned the possibility. Of course this does not mean it is not an option. This is where the country finds itself.

    Like

  44. Georgie Porgie October 27, 2016 at 11:27 AM #

    The longer the price of oil remains at 50.00 or below it will be hell!

    WUNNAH AINT SEE HELL YET BUT ITS COMING SOON
    LOOKING FORWARD TO LOOKING DOWN AS THE BU DEVILS ARE CAST INTO THE LAKE OF FIRE
    THAT WILL BE GLORY FOR ME

    Like

  45. Well Well & Consequences October 27, 2016 at 12:28 PM #

    Lawson…and there you go playing the ALL BLACKS ARE THIEVES CARD…..when it’s the other way around…lol

    I was not playing the race card, I was playing the Suzuki has lived in Canada all his life and know you people very well card, he has no mental illness and there is a reason why he asked why there were no Koreans.

    Like

  46. Well Well & Consequences October 27, 2016 at 12:34 PM #

    “Suriname to ship fresh water to Barbados
    By Sasha Harrinanan Thursday, October 27 2016”

    Been hearing about this for months, a relative of mine is married to a Surinamese, at the time I queried that if Barbados can source water from Surinmane, they can damn well source food from Suriname, …..just like Guyana, Suriname and Belize are also the breadbaskets of the Caribbean, with very healthy fruits and vegetables.

    Like

  47. Well Well & Consequences October 27, 2016 at 12:39 PM #

    The Surinamese people have known about this selling water to Barbados for a long time, why did the government of Barbados not tell bajans they were using their tax dollars to buy water from Suriname., again the ministers are keeping secrets from the people whom they expect to reelect them, but this is another perfect reason not to reelect these clowns, let them keep their secrets and take it with them when they are thrown out of parliament.

    Like

  48. Vincent Haynes October 27, 2016 at 4:39 PM #

    On VOB news at 4.30….confirmed that a tug boat is leaving surinam on the 25nov and will take 45 days to arrive at port in Bim…..two matters of interest

    1)Which Port?

    2)What will be done with it on arrival is unknown the spokesman said?

    Like

  49. millertheanunnaki October 27, 2016 at 5:01 PM #

    @ Vincent Haynes October 27, 2016 at 4:39 PM

    That’s going to be some real expensive water.

    45 days at sea and what would be the quality control to minimize contamination?

    Will it be sold to the cruise ships or hotels for the upcoming winter season? Or can the Bajan consumers expect a significant hike in water rates in the coming months?
    What will the tug be transporting on its way back to Suriname?

    Here is a great opportunity for some of those 70,000 odd unemployed Bajan not actively looking for work (according to the Government’s statistics) to stow away as some of their fore-parents did in the past.

    Like

  50. Vincent Haynes October 27, 2016 at 5:19 PM #

    millertheanunnaki October 27, 2016 at 5:01 PM #

    I recall decades ago we imported sugar from Guatamala which on arrival was declared unfit for human consumption,so it was dumped at sea instead of sending it to one of our then factories to be re-processed…….the same may happen with this shipment as it does not make sense in any form or fashion.

    Like

  51. David October 27, 2016 at 5:32 PM #

    @Vincent

    What can we say. Maybe this is water we will sell to the cruise ships. What is sad here is the lack of disclosure by our government.

    Like

  52. Vincent Haynes October 27, 2016 at 5:35 PM #

    correction…..travel time is 4-5 days….

    Like

  53. Bajan in NY October 27, 2016 at 5:38 PM #

    @Vincent Haynes October 27, 2016 at 4:39 PM #

    The article in the T&T Newsday said the journey should take 4 to 5 days, so maybe you misunderstood or the VOB news room made a mistake (see excerpt below)

    “We would like to have the launch of the flexbag on November 21 or 22 and after that, it will be sent to Barbados with (drinkable) surface water from the rivers. The journey should take four to five days, using a tugboat to pull the floating flexbag/flextank…We will test, through our trial, how does the water behave during transportation.”

    Like

  54. are-we-there-yet October 27, 2016 at 5:46 PM #

    Its arriving on the big Independance 50 day? Sounds like an Independence Day joke.

    Like

  55. Hal Austin October 27, 2016 at 6:06 PM #

    It DLP prime minister Sandiford who imported sugar from Guatamala. It included. Lumps of rubbish – pure disrespect. Some of our leading rum distillers now import molasses from down the islands.
    We have no industrial strategy, no educational vision, no land use strategy, no housing plans, our nation is suffering from digital illiteracy, our school curriculum is out of date, the quality of politicians has not improved.
    This is Barbados in the early 21st century.

    Like

  56. millertheanunnaki October 27, 2016 at 6:09 PM #

    Lord, please help Barbados and its naïve people!

    Earlier this year the importation of garbage was on the cards to meet the raw material requirements of the Cahill WTE plant.

    Now there will be a monthly arrival of South American water (with cholera and all lying dormant).

    Why not solve the water problem by exporting some of the thousands of unproductive Bajans? It has happened rather often in the past. When will there be another Panama Exodus?

    Like

  57. are-we-there-yet October 27, 2016 at 6:32 PM #

    Duh bad but I cannot believe that the Ministry of Health and the BWA people and the Ministry of Agriculture are as hopeless as this water importation gambit seems to suggest.

    It has to be that it is some kind of experiment between Suriname and Barbados with costs shared to determine the feasibility of using towed flexible containers to transport water by tugs from South America to Barbados in our future water scarce phase. And even if that were the case the lack of prior discussion with the people, though standard for Stuart’s minions. It is abysmal policy planning and execution.

    Anyhow, duh only have duhself tuh blame for not having prior discussions and dialogue with the public on such a sensitive matter to those bajans who take pride in declaring that we have the best water in the world. This thing is so stupid that it has the potential, almost on its own, to be a major selling point for PUDRYR’s campaign of “not one effing seat fuh dem”.

    Like

  58. David October 27, 2016 at 6:44 PM #

    The report is clear, this is an experimental arrangement. The MOA needs to spell his guts to the people by communicating the objective of the exercise.

    Do NOT hold your breath!

    Like

  59. are-we-there-yet October 27, 2016 at 7:30 PM #

    Just heard an explanation on CBC TV by Dr Atlee Brathwaite that is essentially the same as my guess.

    Like

  60. Vincent Haynes October 27, 2016 at 7:39 PM #

    Yes the Chmn gave an interesting explanation on CBC just now

    …..purely an experiment should we need it in the future……(why with all these desal plants and an ocean around us)

    ……none will be used for human consumption only in agriculture……(bacteria entering the food chain and going into the aquifers spring to mind)

    Like

  61. Alvin Cummins October 27, 2016 at 8:44 PM #

    GP: You are definitely NUTS!!!
    David:
    What difference does it make if this show time solution cools the animosity. At least it can be used to replenish the aquifers and keep the fresh water level high enough that the salinity does not get to effect the ability to pump fresh water.

    Like

  62. ac. October 27, 2016 at 9:09 PM #

    Why is it that every time the govt search and find a solution the blp noise makers are always the first to cry the sky is falling . For peat sake there are people in hurricane ravish countries like haiti only wishing that they can get a glass of water and all the active noise makers in barbados can do is stand bold face as modern day antagonist lighting political fires

    Like

  63. David October 28, 2016 at 1:14 AM #

    @Alvin

    We have millions of gallons of water running into the sea. Would it not make sense to trap some of that water and used our scarce forex to buy something else?

    Like

  64. Well Well & Consequences October 28, 2016 at 3:27 AM #

    http://www.barbadostoday.bb/2016/10/27/dutch-water/

    only after it has been exposed Estwick jumps out acting as though it’s not a done deal, but at first there was denial in the nationnews.

    http://www.nationnews.com/nationnews/news/88520/imported-water

    Kick them out of office, out of parliament and spare us their dumb yardfowls.

    Like

  65. lawson October 28, 2016 at 6:01 AM #

    if barbados has to buy water it reminds me of the movie waterworld where cosner says ….your dying and you dont even know it..Who in there right mind would invest in a place if there is water problems the optics of this are bad

    Like

  66. Well Well & Consequences October 28, 2016 at 6:14 AM #

    http://www.nationnews.com/nationnews/news/88521/parris-assets-frozen

    Parris himself should be frozen, right along with Alvin.

    Like

  67. Vincent Haynes October 28, 2016 at 11:03 AM #

    David October 28, 2016 at 1:14 AM #

    I dont think Alvin understands the danger of unknown bacteria entering our food chain and aquifers……quick fixes are not always for the best.

    Like

  68. GreenMonkey October 28, 2016 at 12:40 PM #

    The Trinidad economy is struggling. The longer the price of oil remains at 50.00 or below it will be hell!

    The relationship between energy/oil prices and global economic health is explored by actuary Gail Tverberg at OurFiniteWorldDOTcom. The bad news is, low oil prices causes slowdowns in economies dependent on oil extraction and sales and difficulties for oil companies which
    leads to a slowdown in oil production, but when oil prices climb as consumption in the other economies picks up, the consequent rise in oil prices chokes off their economic growth again. This results in a cycle of recessions and recoveries where each subsequent recovery will be at a lower level than the one before.

    The good news is… well unfortunatelly there is no good news. From Tverberg’s analysis the increasing costs of extracting harder to get at oil (as the cheap, easy to extract oil is used up) means there is no chance of landing on an economic sweet spot which will keep economies and oil companies both happy and contented, at least not in the long term. she also analyzes the prospective costs vs benefits of renewable energy and explains why switching to more renewable energy sources won’t resolve the overall problem.

    Tverberg’s most recent post is: How Researchers Could Miss the Real Energy Story.

    I have been telling a fairly different energy story from most energy researchers. How could I possibly be correct? What have other researchers been missing

    The “standard” approach is to start from the amount of resources that we have of a particular type, for example, oil in the ground, and see how far these resources will go. Growing development of technology seems to allow increasing amounts of these resources to be extracted. Thus, limits seem to be farther and farther in the distance, especially if a person starts out with an optimistic bias. It is easy to get this optimistic bias, with all research funds going in the direction of, “What can we do to solve our energy problems?”

    Approaches for forecasting future supply problems that start from the amount of resources in the ground suffer from the problem that it is hard to draw a sharp line regarding when we will run into difficulties. It is clear that at some point, there will be a problem–EROEI (Energy Return on Energy Investment) will be too low–but exactly when is hard to pinpoint. If a person starts from an optimistic viewpoint, it is easy to assume that as long as Energy Output is greater than Energy Input for a given process, that process must be helpful for solving our energy problem.

    In fact, in my opinion, the story is very different. The very thing that should be saving us–technology–has side effects that bring the whole system down.

    https://ourfiniteworld.com/2016/10/27/how-researchers-could-miss-the-real-energy-story/

    Like

  69. Vincent Haynes October 29, 2016 at 8:57 AM #

    David

    You may consider starting a separate blog for this one.

    Suriname Major infectious diseases

    Factbook > Countries > Suriname > Demographics
    ShareThis

    Major infectious diseases: degree of risk: very high
    food or waterborne diseases: bacterial and protozoal diarrhea, hepatitis A, and typhoid fever
    vectorborne disease: dengue fever and malaria
    note: active local transmission of Zika virus by Aedes species mosquitoes has been identified in this country (as of August 2016); it poses an important risk (a large number of cases possible) among US citizens if bitten by an infective mosquito; other less common ways to get Zika are through sex, via blood transfusion, or during pregnancy, in which the pregnant woman passes Zika virus to her fetus (2016)

    Definition: This entry lists major infectious diseases likely to be encountered in countries where the risk of such diseases is assessed to be very high as compared to the United States. These infectious diseases represent risks to US government personnel traveling to the specified country for a period of less than three years. The degree of risk is assessed by considering the foreign nature of these infectious diseases, their severity, and the probability of being affected by the diseases present. The diseases listed do not necessarily represent the total disease burden experienced by the local population.
    The risk to an individual traveler varies considerably by the specific location, visit duration, type of activities, type of accommodations, time of year, and other factors. Consultation with a travel medicine physician is needed to evaluate individual risk and recommend appropriate preventive measures such as vaccines.
    Diseases are organized into the following six exposure categories shown in italics and listed in typical descending order of risk. Note: The sequence of exposure categories listed in individual country entries may vary according to local conditions.
    food or waterborne diseases acquired through eating or drinking on the local economy:

    https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=6&cad=rja&uact=8&ved=0ahUKEwiFieuih4DQAhUGxCYKHavYA9IQFgg5MAU&url=http%3A%2F%2Fwww.indexmundi.com%2Fsuriname%2Fmajor_infectious_diseases.html&usg=AFQjCNGDEEoeWOHV5MpUuGKnP2WpM1g0iA&sig2=FgObYqZKYxE2cLpTqGV1ww

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  70. Violet C Beckles October 30, 2016 at 12:40 PM #

    Gabriel October 26, 2016 at 3:45 PM #

    William Skinner’s buddy has spoken once more.I don’t listen to his crap.As far as I am concerned between this idyut Worrall and Dtuart along with Sinckler are cumulatively the cause of Barbados’s current demise and until the citizen speaks and takes back the country from these 3 incompetents,no serious investor will look at Barbados with any confidence.Lies,lies and more damn lies.Plenty if,ands,buts,howevers,we believe,should haves…all crap!@@

    we love this short post so we re-post it, Just to let you know , the BLP can not fix this,Under Owen and AG MIA it got going with the help of Sir Cheltenham and Sir Cow , Only truth can fix what is wrong, And we have the given the the police in 2009,
    We can see the rest of the world have ears and eyes open for their PONZI laundering games, China is at their door IMF new head, Only Clear title deeds can get things going and we can clear them all,, Trust that we await for the Public to wake up , and Vote them all out , The CUP can fix ,ask out side questions and see what others know but will not post , Start with Skinner him self we got him,

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  1. Central Bank Economic Review January to September 2016 — Barbados Underground – Josiah Kirton - October 25, 2016

    […] via Central Bank Economic Review January to September 2016 — Barbados Underground […]

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