Comments on: Minister On Standard & Poor’s Rating Report https://bernews.com/2019/12/minister-on-standard-poors-rating-report/ Bermuda's #1 source for 24/7 breaking news, photos & videos Mon, 25 May 2026 19:34:31 +0000 hourly 1 http://wordpress.org/?v=3.7.5 By: Joe Bloggs https://bernews.com/2019/12/minister-on-standard-poors-rating-report/#comment-5191265 Sun, 15 Dec 2019 10:07:49 +0000 http://bernews.com/?p=941781#comment-5191265 “In the S&P report there was also recognition that the Government is on track to produce a balanced budget in the current fiscal year, and if sustained, should lower our government debt burden.“

Yes. But you have stopped paying into the sinking fund. That means you have stopped planning for when our debt must be paid. Then we (no matter what Government is in power) will be forced once again to borrow to pay our debt because you cannot or will not plan for the future.

I despair for my grandchildren

]]> By: Clem https://bernews.com/2019/12/minister-on-standard-poors-rating-report/#comment-5190517 Sat, 14 Dec 2019 18:45:35 +0000 http://bernews.com/?p=941781#comment-5190517 I guess they did not notice the sovereign debt crisis coming.

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