Bill Bonner’s Diary
BALTIMORE — Last week, stocks finished at an all-time high. But guess what? In terms of real money — gold-linked, pre-1971 dollars — stocks have been losing ground since the start of the millennium.
We are looking at one of the most remarkable episodes in financial history. Investors think they are making money… when they’re actually getting poorer.
Donald J. Trump tells the international Deep Staters at Davos that the U.S. economy is “spectacular”, but most of its countries have never recovered from the crisis of ’08-’09.
What a jolly time to be alive… to be conscious… with a few dollars saved up and a sense of humor. And coming up… a financial Demolition Derby on a global scale… Continue reading
PHOTO: United States Secretary of State, Michael Pompeo, addressing a policy discussion session on US-Caribbean relations on Wednesday (January 22) at The Jamaica Pegasus in New Kingston, Jamaica. The meeting formed part of Pompeo’s two-day working visit to the island. Photo credit: Dave Reid And Adrian Walker/JIS.
EGovernment, A Step Towards A More Citizen-Centred Caribbean | By David Jessop
By David Jessop :Sunday | January 19, 2020 | Jamaica Gleaner
SLOW, BUREAUCRATIC AND UNPREDICTABLE SERVICE
Politicians love to promise a better and brighter future. They tend to say little about the day to day experience their citizens have of the services they provide.
In the Caribbean as in other parts of the world what most individuals want from government is the rapid and efficient delivery of everyday resources, if policies and regulations are to mean anything at all.
This applies equally to social services, whether in relation to schools, hospitals or pensions, the supply of utilities, or to matters as normal as renewing a driver’s licence or registering a birth or death. Citizens everywhere want such basic transactions to be straightforward, quick and predictable. They hope their fellow citizens who work for them in the public sector have the ability and tools to deliver what has been promised in modern and efficient way. Continue reading →
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