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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: gg cox who wrote (45988)1/30/2009 12:47:35 AM
From: elmatador  Respond to of 219750
 
Another sector that lived off OECD biting the dust: Is the time of year when the island nations of the Caribbean normally expect their hotels and beaches to be packed with sun-seekers. But this year, cash-strapped North Americans and Europeans are staying at home.

In Rio at least they have the locals to replace the foreigners...

But there is more: "many Caribbean nations are highly indebted. With finance tight, raising cash from asset sales is harder: Jamaica failed to meet its target of privatising its sugar industry, and the Bahamas its telecoms, by the end of the year."

Let's get somwe market economy going in those islands. I ant to see all of them cutting sugar cane and producing ethanol!!!