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Bahamas: Another Victim of Caribbean Debt Crisis


#1

Bahamas: Another Victim of Caribbean Debt Crisis

Jubilee USA Network

The ratings agency Standard & Poor's downgraded the Bahamas' debt to 'junk' status. The agency cited weakened economic growth due to hurricanes and high debt levels. The downgrade makes borrowing more expensive for the Bahaman government.


#2

Where is Rex Tillerson when ya need 'im? He could bail out the Bahamas (where he keeps a large portion of his and his companies stash) and not even miss the money. Nah...have to plow million$$$ into Russia to get that there oil and, yee-haw all them minerals...yippee, ky-oh, ky-yay!


#3

This will only get worse with global warming and sea level increases. This is by design...disaster capitalism.