Tag Archives: Barbados Downgrade

All Hands On Deck, Blunders, Blunders, Compass Pointing To a Wreck

Submitted by Old Onions Bag Experience is the name everyone gives to their mistakes – Oscar Wilde Without a doubt, one must admit, Barbados has seen its share of problems during these last four and a half years. Bajans though accustomed, have had it up to here with all these mistakes. By now, everyone would […]

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Barbados Economic Misfortune Was Guaranteed

Today’s announcement that Barbados sovereign credit rating has been downgraded to BB+/B from BBB-/A-3 is unfortunate. There is no consolation that we have been bundled with several European countries who have earned junk bond rating. Dr. Frank Alleyne made a statement which resonated with the BU household on the weekend. He opined that a major […]

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