Since 1970, Jamaica has borrowed $11.99B from the IMF, World Bank and IDB, and paid $3.96B in interest.
In today's dollars: $24.04B borrowed, $8.17B in interest. About 33¢ on every $1.
$3.5B is still owed.
#blackfuture#Jamaica
Let's Say Jamaica put 1% of GDP into a Sovereign Wealth Fund since 1962 and lived off the income.
$9.7B paid in → $26B–$44B today
$471M–$840M a year to the country, forever
No IMF. No World Bank.
In 1965 Singapore was no richer. Now it's 10x richer per person.
#Jamaica
@VictoriaBCToday Drivers need to drive in the right most lane and stop hogging the left lane becuz they are scared to lane change. Those ppl cause accidents.