“Jamaica is sitting on the kerb slowly bleeding to death,” says a hedge fund manager. “They can remain there and gradually wither away or they can walk into traffic and get run over by a truck. It will be brutal and they may spend a year or two in intensive care, but that may be what they need in order to walk out on their own two feet.”
In my continue efforts to provide Jamaicans with information, I have been directed to websites that provide insight to some of the issues in Jamaica, that those in the know have cleverly ensured they do not pass unto to us.
Knowledge is power and its my belief that if the government is honest and tell people the cold hard truth, even though we may balk at first, we would be willing to do what is necessary to save Jamaica. The continued lies, half truth and mis-representation of the facts, which are passed off as serious analysis leaves me to wonder , if these folks really have Jamaica’s interest at heart.
Anyway enough of my ranting, let me extract and point out a few notes as recorded by the Financial Times.
Jamaica has suffered a long string of international rescues and ultimately failed fiscal programmes. But last month’s bailout led by the International Monetary Fund could be the country’s final chance to avert an economic catastrophe.
The latest four-year programme is controversial even among its bankrollers. The IMF led the negotiations with the Jamaican government, but wanted the World Bank and the Inter-American Development Bank to stump up more of the cash needed.
The tense negotiations between the multinational organisations were like “a Mexican stand-off, while Jamaica was biting its nails”, according to a senior official involved in the talks. “It’s a high risk programme, a last-ditch effort to avoid a massive adjustment, even a collapse.”
http://www.ft.com/intl/cms/s/0/53b608cc-bbea-11e2-82df-00144feab7de.html#axzz2VdE0drok
Warren's Blog 
Months ago commonsense wrote….Jamaica’s economic situation is far more precarious than we are being told.
http://wp.me/pvIkx-Z4
We are in very bad shape and the Prime Minister is missing in action once again and the Finance Minister has gone mute.
Many in the financial world see the collapse of the country as imminent and nothing short of debt cancellation and taking of our money as was done in Cyprus being the way out.
Its bad very very bad.
Worse of all is there is no growth plan, none .
The minister are out of their debts and are clueless as to what next to do. Just look at the investment minister, he is completely at sea.
The Prime Minister has resigned herself to failure and is now just biding time and hope the sky does not fall in before she retires and collect her pension bag like PJ Patterson.
I would not be surprised is a move is made to increase the Prime Minister pension very soon.