Don't lose the future

Thu, Dec 29th 2011, 10:00 PM

Sub-Deck:

With the noise for the Bahamas to do something about its national debt reaching a crescendo, none of the three major political parties set to contest the 2012 general election inspire much confidence that they will be able to address the situation

Wall Street set the ball rolling. It gathered pace with the International Monetary Fund (IMF). And by the time the Inter-American Development Bank (IDB) had finished, the momentum pushing the Bahamas to immediately deal with its growing national debt pile had become a runaway train.

None of this is surprising to astute observers. A look at the headline statistics shows reason for their concern: A $4.25 billion national debt that contin ...

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