Unfortunately, there will be borrowing. The mouthpieces of the PLPBIU will never allow anywhere near sufficient cuts. The broad public will be uninformed, ill-informed, mis-informed, and even dis-informed. Just read some of the latest columns from Mr Famousss et al, and you can see that the campaign is well underway.

I would wager that there are elements of the PLPBIU that would see violent unrest (and gladly) before “allowing” any sort of move that could save Bermuda from what’s becoming more and more certain ruin.

The money that keeps this place afloat is loyal to shareholders, not to Bermuda. My only complaint with Mr Burchall’s article is that he may not be pessimistic enough. What happens if GDP drops by $1B (or more) rather than increasing by $1B?

I love this island and hope I’m wrong – but that door is nearly shut now, as plainly laid out above. The sad part is that those who can least afford a collapse are often the strongest supporters of the path than makes collapse inevitable, led by the nonsense spouted in opinion columns and on the talk shows.

Some would call this statement akin to treason Sir.