Second biggest economy?? Largest economy in the world?? I never knew size equals strength.

By the way, currency value is not a measurement of economic strength.

Perhaps if you saw the condition of the "middle class" in Jamaica, Haiti, The DR or Trinidad you would have a new found appreciation for the downtrodden existence you are leading.

JOKES!!!!!

It depends on what you define economic strength. The Bahamas is economically strong in relation to which island country??
British Virgin Islands, Bermuda and Cayman Islands all have a stronger economy than the Bahamas. In regards to GDP, which as far as I know is the best indicator of economic strength. I think its been mentioned that Bermuda's economy is subsidized by the UK -- which by the way has a lower GDP than Bermuda does. Which doesn't make sense since government spending is a factor in the GDP numbers.
I would venture to guess that the Bahamas can't be compared to Haiti considering the political tensions that have stricken that country for more than 50 years. Jamaica and Trinidad can't attract foreign investment because of proximity and tax structures.
The Bahamas should be the crown jewel of the Caribbean, trumping Bermuda and every other country. We are barely ahead of Puerto Rico and Barbados. Its like having the genetics of a genius but only get C+ grades.


I think it depends on how much Bahamians want. It will take something...probably something drastic to happen to change our attitude. Knowing our position in the reigion makes many very laxed....and since we look on the government for everything why should we push? Meanwhile.....the jackals are gathering around us. Not only the once lesser nation swill be on our level, they will be doing the same thing that we are too afraid to do....invade other countries and become the investors....and not the consumers. Be Imperialistic in a way.

Economic imperialism.

Sounds so....ummmm, american.

:)

lol yeah, but it rakes in a ton! And its imperialism from other countries that are making tons from us!

Second biggest economy?? Largest economy in the world?? I never knew size equals strength.
By the way, currency value is not a measurement of economic strength.


So are you telling me that, the US and UK are not economic giants??
:confused:

Size does not equal strength.

Would you prefer having the biggest house on the block with only 1 percent equity or a smaller house with 80 percent equity?? Debt to equity is one of the best indicators of economic strength, so is liquidity -- wait, the Fed just raised interest rates -- that sounds like the US is losing liquidity faster than you can say "Israel is crazy"...

Check out Kudlow and Company sometime, a lot of economists believe that the US is teetering on the verge of bankruptcy. If that is possible. What might actually happen is that taxes will rise significantly, GDP will fall significantly and the US economy will probably resemble the 1970s.

Size does not equal strength.
Would you prefer having the biggest house on the block with only 1 percent equity or a smaller house with 80 percent equity?? Debt to equity is one of the best indicators of economic strength, so is liquidity -- wait, the Fed just raised interest rates -- that sounds like the US is losing liquidity faster than you can say "Israel is crazy"...
Check out Kudlow and Company sometime, a lot of economists believe that the US is teetering on the verge of bankruptcy. If that is possible. What might actually happen is that taxes will rise significantly, GDP will fall significantly and the US economy will probably resemble the 1970s.

taxes will rise but please remember the US has good people working in its favor...or maybe alan got out right in time...

Size does not equal strength.
Would you prefer having the biggest house on the block with only 1 percent equity or a smaller house with 80 percent equity?? Debt to equity is one of the best indicators of economic strength, so is liquidity -- wait, the Fed just raised interest rates -- that sounds like the US is losing liquidity faster than you can say "Israel is crazy"...
Check out Kudlow and Company sometime, a lot of economists believe that the US is teetering on the verge of bankruptcy. If that is possible. What might actually happen is that taxes will rise significantly, GDP will fall significantly and the US economy will probably resemble the 1970s.


To say that the US has no purchasing power, or economic clout is absurd.
Your points are tangential to what is on the streets "so to speak"...

When the US and UK say "Boo", people say "Boo Hoo Hoo"....
;)

No purchasing power??

What are you talking about?? Did you google or hit up wikipedia or something?? Where did I say the US has no purchasing power??

taxes will rise but please remember the US has good people working in its favor...or maybe alan got out right in time...



Greenspan didn't have a choice. He was probably fed up anyway, as many times as he warned against the Bush administration's fiscal policy. Bernanke is no different. I think the first thing he said was liquidate holdings in GNMA and Freddie Mac holdings -- and what happened?? Housing slowed down and the Treasury's pockets are looking thin. Now Bush is trying to make up for it by bringing Paulson in to save the spending foolishness. But its almost to broke to try fixing things the way that they've be trying. Either that or he's just there to echo what the republicans want people to believe. That the government has to employ some sort of fiscal overhaul that takes entitlement programs out of the picture.

Once they go, or at least stopped for the time being, then less productivity, more poverty, more debt. All they're doing is switching the responsibilities of bad policies onto the american people.

No purchasing power??
What are you talking about?? Did you google or hit up wikipedia or something?? Where did I say the US has no purchasing power??

So what in the bloody hell are you arguing about?

Do you even watch the news?

The US and the UK are the two most powerful countries in the world.
Militarily and Economically.

Is this one of those weird situations where we agree with each other, but it's just one of us talking utter stupidness.
Guess who I feel is the one talking stupidness?
:bye: