Thank You Barbados

Thank you for purchasing the Banyan Production House Archive . Even though this is a Trinidadian company, Trinidadians are way too ignorant, shallow and small minded to see beyond VS Naipaul(who loathed the Caribbean) to understand that their most respected figures globally are not those two. There's a massive difference between popularity and respect. I am glad there are those of us sensible enough to spot the difference. Christopher Laird and Bruce Paddington, while it is unfortunate that this Caribbean monument was not housed in its country origin, it is fitting that it is housed in a country that does not struggle with its Caribbean identity. Barbados. Thank You

In reply to Jumpstart

The last government left T&T broke .... no money.

They have to juggle till a new budget.

In reply to sgtdjones

trinidad has more money than barbados sir and the banyan archive does not cost a billion dollars. Secondly, the IMF said that at the end of 2024 that the economy was undergoing sustained growth for the first time in a decade. They're an international organization with a proven track record in analysis of economies. Secondly, this has nothing to do with money but everything to do with a country that does not value Caribbean culture and places no emphasis on history beyond a superficial limit

In reply to Jumpstart

When you are 45 billion in overdraft at your central bank.

Plus you lower T&T Bank's equity so your former government can borrow more money ....

You have fiscal trouble ahead.

In reply to sgtdjones

The overdraft balance at the end of April was 3.6 billion homes. The budget is usually 50-55 billion in expediture. Are you arguing that Trinidad only earns 4-5 billion dollars in revenue yearly and therefore has to borrow 45-50 billion dollars every budget?

In reply to Jumpstart

Check your Central Bank reports, and you will see what I posted.

The last government over the past decade has borrowed to where it's at the amount stated.

Wait till the new UNC budget comes out , the creative accounting Imbert did should show up.

In reply to sgtdjones

I’m positive the IMF had access to these reports and this debt didn’t accrue in four months. The debt to gdp ratio is forecast to be around 73/74 percent by December which ironically is less than Barbados’ debt to gdp ratio. As I stated earlier, this Ahmad nothing to do with economics and more to do with a country that has historically treated history and culture in an extremely superficial way

In reply to Jumpstart

Did you read what I noted...? I never said it accrued in 4 months .

The IMF gets reports that Imbert supplies to them.I don't believe any one of those documents.
The amount of BS he produced.



Of the last 10 years of PNM budgets, only one was balanced...think....

They had to borrow locally and at the central bank.

T&T is technically bankrupt...if you pay off China (HSF), you will have no money to feed the population due to your large import bill.

In reply to sgtdjones

No budget was balanced from 2009 to 2025 sir. We have engaged in deficit financing for the last 16 years. When an attempt was made, for example, to reduce transfers and subsidies, a big hullabaloo was made. This is despite the fact that Trinidad and Tobago, between fiscal 2010 and fiscal 2020 over 301 billion dollars on transfers and subsidies, which equates to more than half of the budgetary expenditure for that decade long period. that being said, as i told you macroeconomic debt is not the same as microeconomic debt. Case in point. japan and the us are heavily indebted countries, japan has been in debt since the late 50s/early 60s when they received billion dollar low interest loans from the United states. Like Trinidad and Tobago, debt does not mean economic collapse because of domestic savings(something that trinidad also has) and low interest rates(again like TT) The reason countries refused after a while to debt financing with barbados and jamaica prior is because they had almost no import cover and in barbados' case there was a staunch refusal to engage in central bank operations(like a devaluation of currency). in 2017 alone barbados had only 6 weeks of import cover


the imf as late as december did not think so

In reply to Jumpstart

Just lost my response , it was not posted and deleted ...