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Thread: Locally Owned

  1. #21
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    Re: Locally Owned

    Linston's Zion Hill Taxi

    Captain Dave

  2. #22
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    Re: Locally Owned

    Here's one version of local:

    "My leader born here" Michael Manley political video from the election of 1976

    Watch it all the way through and see Toots. Jimmy Cliff etc before the dreadlocks days. A great picture of Jamaica in the '70s

    https://www.youtube.com/watch?v=kE_o3unHwvY
    Last edited by captaind; 09-01-2018 at 02:57 PM.
    Linston's Zion Hill Taxi

    Captain Dave

  3. #23
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    Re: Locally Owned

    Quote Originally Posted by Rob View Post
    Pretty sure Bertram Saulter was born in Jamaica...
    Cool! I assumed that since The Caves is part of Island Outpost, it was owned by CBlackwell. Maybe Island Outpost is just a holding company or some kind of other business jargon that I don't understand.

    Probably too literal, but I would define a Jamaican as someone that holds (or is eligible for) a Jamaican passport.

  4. #24
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    Re: Locally Owned

    Chris and Bertram developed the property...
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  5. #25
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    Just an opinion or observation. Perhaps it's just the video they chose to shoot, but in this video and others I've seen from the 60's and 70's it would appear that the Jamaican economy is healthier in these clips then it is now. Is Jamaican economy better now? I really don't know. The infrastructure looks better in the older vids.


    Quote Originally Posted by captaind View Post
    Here's one version of local:

    "My leader born here" Michael Manley political video from the election of 1976

    Watch it all the way through and see Toots. Jimmy Cliff etc before the dreadlocks days. A great picture of Jamaica in the '70s

    https://www.youtube.com/watch?v=kE_o3unHwvY
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  6. #26
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    Quote Originally Posted by Irine View Post
    Just an opinion or observation. Perhaps it's just the video they chose to shoot, but in this video and others I've seen from the 60's and 70's it would appear that the Jamaican economy is healthier in these clips then it is now. Is Jamaican economy better now? I really don't know. The infrastructure looks better in the older vids.
    The infrastructure was pretty good while England was in charge of fixing it. Of course, all the riches they took from the slave labor was enormous so it was a small price to pay. When Jamaica wanted Independence, the English were happy to oblige and wash their hands of that expense.
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  7. #27
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    I had a quick look at Jamaica's place in the 2018 economic freedom rankings and some of the supporting data. They are definitely being abused by the international money lending community. As a 3rd world economy it's pretty disgusting to see the interest rates they have to pay and the long term effects it has on the country and it's people. Most of the Caribbean countries seem to be in a similar strangle hold. You would think foreign investment would be interested in strengthening their investors not bringing them to their knees. OK Ok I'll stop being a Debbie downer, and this isn't the right thread either. It' just that when I see the Jamaica of old compared to the Jamaica I visit every year it makes my heart ache. Locally owned is a small ray of sunshine.
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  8. #28
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    Quote Originally Posted by Irine View Post
    I had a quick look at Jamaica's place in the 2018 economic freedom rankings and some of the supporting data. They are definitely being abused by the international money lending community. As a 3rd world economy it's pretty disgusting to see the interest rates they have to pay and the long term effects it has on the country and it's people. Most of the Caribbean countries seem to be in a similar strangle hold. You would think foreign investment would be interested in strengthening their investors not bringing them to their knees. OK Ok I'll stop being a Debbie downer, and this isn't the right thread either. It' just that when I see the Jamaica of old compared to the Jamaica I visit every year it makes my heart ache. Locally owned is a small ray of sunshine.
    Always a dangerous thing commenting on another country's economy with only "facts" and not familiar with the history of how they got there in the first place.
    No need to start an argument where there will be as many differing opinions as there are people. If being abused means having to get their fiscal house in order before anyone (including the IMF) would loan them any more money then I guess guilty as charged. Being an island with virtually no manufacturing or VAR business and an enormous trade imbalance with the US, trying to live beyond your means and borrowing more money to pay what you already owe is a recipe for disaster. The abuse is working and the price has been high but the Economy is getting better.
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  9. #29
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    Quote Originally Posted by Irine View Post
    I had a quick look at Jamaica's place in the 2018 economic freedom rankings and some of the supporting data. They are definitely being abused by the international money lending community. As a 3rd world economy it's pretty disgusting to see the interest rates they have to pay and the long term effects it has on the country and it's people. Most of the Caribbean countries seem to be in a similar strangle hold. You would think foreign investment would be interested in strengthening their investors not bringing them to their knees. OK Ok I'll stop being a Debbie downer, and this isn't the right thread either. It' just that when I see the Jamaica of old compared to the Jamaica I visit every year it makes my heart ache. Locally owned is a small ray of sunshine.

    Irine, if you haven't seen it, I would recommend that you watch the documentary "Life and Debt".

    https://en.wikipedia.org/wiki/Life_and_Debt

  10. #30
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    I will watch it for sure, thanks.
    I guess Accompong I have a hard time understanding why the IMF charges the interest they do when they know it will cripple the country that has to make the payments. And it's not a Jamaica conversation alone, they loan money to many countries who struggle with repaying it. Definitely don't want to star an argument, not my nature, just an opinion shared.

    Quote Originally Posted by Rasta Animal View Post
    Irine, if you haven't seen it, I would recommend that you watch the documentary "Life and Debt".

    https://en.wikipedia.org/wiki/Life_and_Debt
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