DOCUMENTARY ON JAMAICA'S FAILING ECONOMY 

oneil stan agree with you bro, 40 years of I. M. F. money has been gone into the pocket of politician and not been used to build the country.member of parliament giving guns to people to intimidate people to vote for them just to keep them in power so they can pocket money and make them self rich

Remember the same people keep the government in power so why blame the government. Bob Marley said you can fool some of the people some of the time but you cannot fool all the people all the time.

Well you have a point. But if your placed in a position to lead why not do it right instead of stealing all the IMF and distributing guns to guns and ammo to control political interest that only suit you not the nation your right the people are to be blamed but when the army fails don't blame the soldier no, the blame rest on its general

Pardon the incorrect sentences but all forms of crime in Jamaica leads right back to some political leader. If we want to change the situation ,crime wise in Jamaica the head of the river must first be purged. The police , army every one is trying but look not at the passengers in the vehicle but the Driver they are the ones leading the country/ Vehicle

So why did it lead back to the political leaders. If the passengers in the vehicle had a choice they would not be in that vehicle.

truth natives live the same

stop being stupid

Kemoy siktaw, you made my day, I had a good laugh. Imagine living by nature with the population of the 21st century.

I agree that consumption of imported goods only feeds the beast the people in the video are complaining about, also they mention repeatedly that Jamaica needs more factories so there can be more jobs. You are correct that it is not the government who created the job market par-say, but it is the government who deals with foreign investment of business in Jamaica via regulations, subsidies, tax breaks and a plethora of other mechanisms. The government is under obligation to privatize and commodify Jamaican land, assets and resources as part of contract to the IMF to restructure in a way that suites a neoliberal agenda in-order to repay loans they received with ridiculous interest rates designed to keep Jamaica in debt. One aspect of the restructuring agenda is to divert money from the public sector into the financial sector. In an International Monetary Fund executive summary titled “Caribbean Small States: Challenges of High Debt and Low Growth” the virtual non-existent growth of the Caribbean states is discussed in the “Challenges” section. The IMF recommends that based on experience “fiscal consolidation based on expenditure reductions tend to be more effective than tax-based consolidations. However, for countries with large adjustment needs, fiscal consolidation may need to be a balanced combination of spending cuts and revenue increase” . This means that the institutional restructuring of the Jamaican economy via IMF contract policies is forcing the government to "sell out" Jamaica. Though the individuals in this documentary weren't very educated about the economy, there positions are not necessarily at a fault of their own, there is a structural problem that is "keeping them down" so to speak.

You are so right camille cuypers. I think Jamaica was setup to fail since its birth as a nation. When the Brits left we didn't have people who could strategically manage a country. Also, a lot of Jamaicans were still illiterate and not educated so the financial sector suffered for years. We were basically forced to take the IMF's money and once a country does that then the IMF basically owns that country. There was an attempt to kick them out in the 1980s but the capitalists would not have it. (If you need more on this watch "CIA Activities In Jamaica" on RU-vid). I'm not yet in my 30s and by the looks of it my grandchildren will be still paying back the IMF "loans" that we are getting now. Its sad..

Thank you for the video, I will watch it! I am researching the Jamaican economy in school currently, and have been trying to determine what sort of economic plan would help Jamaicans take back Jamaica. I dont understand how what the IMF or World bank does to developing countries is legal, but I seriously hope that I get to see some reform in my lifetime.

It's the IMF loans that the Jamaican government took that's the major problem. 40 cents of every dollar goes to the loan interest. Leaving only 60 cents. Once the government pays itself hardly anything is left to invest in education or to even provide small business loans. Over time it compounds and gets worse. So how do they get out of IMF loans. Reparations

Also the trade regulations imposed for getting the loan means foreign companies USA can ship cheap food to the island and wipe out the local producers because they cannot compete at those prices.

Marlo Mitchell Who are you talking about, those foreigners? That is milking JA dry., really!

BlessedWorld1 Read my comment again please. I said LOCAL economist.

***** i like the idea of the video, i hope he makes a part 2 where he does it would be make it great great to have the comparison between what the average person thinks and what is really happening.

This is most Jamaicans problem well known by the outside world. They always point fingers and blame another country or persons for their economic failure, why does your democratic elected government stop the so call foreigners from milking the country dry.

+Eryk Pyts who said anything about whites?! i heard them say chinese, trinidad and tobago, barbados, etc, ninenof those are white. can you give me the time stamp where they blamed whites?!

+Myk-El Sumaila (Taharqa) big time

Michael Manley's close association with Fidel Castro hurt Jamaica then and the followers of MM doctrine is hurting it today.

Need community farms. It may help to reduce crime.

who owns the machines? everybody? No, businesses do. who designs and develops and builds the machines? Everybody? No? Then why should everybody get stuff for free?

Who developed Facebook? Tell me. Then tell me who developed PHP, Perl, mySQL, mongoDB, then tell me who invented computers, Mathematics, etc., etc., ... ... you see, you can't even tell who built that machine ... it's a collective endeavor and it builds on a million "older" inventions and cultural heritage.

Good luck with gaining wealth without understanding how money is generated as interest bearing debt. Without understanding that you can't outsmart an exponentially exploding pile of fictional debt. Without understanding that the last thing the world needs is more #bullshitjobs ...

+supahacka that only matters if...the money isn't backed up by anything just money(debt) I understand the debt theory. It seems that you don't understand that power only respects power. The proletariat masses can never force the elites to do anything unless they have mastery of the lands resources. Which is power, wealth and influence. All money represents something..... what does the Jamaican dollar represent?

You won't change a system which creates poverty (by design) by accumulating money. ;-) You change the system by creating alternatives ... free from money and hierarchical structures ... and by communicating socioeconomic alternatives and by spreading love and brother- and sisterhood. Might want to read "Sacred Economics" by Charles Eisenstein ... it's a free book.

oneil stan no we're not

blackpassenger God leaves that up to people. People cannot blame God for not doing the things written in that book. It doesn't matter what your beliefs are. You might be able to agree that the biblical definition of love is a very good one. What keeps God from operating through people's lives is the people themselves. People want to try to use God like a genie in a lamp rather than serving Him. And if people point their finger at God for what they or the devil are doing, how can they really expect God to do stuff. HE is the one that is God. It's not the other way around. Ya get mi, bruda? He is real. If you lived in Jamaica, I'm sure that you know this because the devil does make himself known on that island. Jamaicans are not stupid people; but unfortunately, intellect has nothing to do with spiritual understanding. Only those whose hearts are pure will understand the deeper mysteries of God. A person has to decide that they want God more than anything else. Nothing can come before Him. If most people in Jamaica understood this, there would be alot more good stuff happening there than bad stuff. The issue in Jamaica is alittle more complex than this, though. England is keeping them down financially with corrupt politicians. This causes all those hungry people with no jobs to resort to whatever means necessary. Sometimes, that means violence.

NUFF SAID!!!! You spoke the truth with that one. UNITE YOU IDIOTS.

But Alberta's living costs are much higher than Jamaica's. That $12/hr wage doesn't go very far and few people work for that much anyway.

pNp destroyed Jamaica everytime.

the thing that cripples that evil little island is the african inhabitants.

queef lady 😬

I heard this talk about 20 years ago when things were better and the people do not want to here this no more, they want solution

+Appollo scott I'm also Jamaican and currently living 6months out of the yr there and this video definitely does not present an accurate picture of what is going on in Jamaica. Yes the poor do exist, I was one but it's more the attitude of many people which keep themselves impoverished. Jamaicans need a change in attitude (which party they vote for) first before things can truly improve

It is 100% accurate because it is the persons that speak opinion, not the whole country so what is not accurate. I know if someone was interviewing some people from up Town saying how good it is in Jamaica, that would be accurate also it would not represent the whole country.

Genesis, you haven said anything here. Lol.

Wrong post

Soon people can't buy food. Now no work there a foreign so what are we doing with our time. Time to get our hands dirty. We need to set up community COOP land to plant food. We can learn from Cuba too.

St Thomas empty. It alone could feed Kingston.

Agreed: one of the many solutions to an ailing Jamaican economy.First get rid of these ugly zinc fences,ugly shit stalls by the side of the road.Upgrade the public markets to a mall like system including other small businesses like hair dressers,tailor,resturants ect.ect.Now you can force people into the market to sell their goods.And please people paint your fucking houses

Too too much, someone getting their palm greese they soon changed the name but that will not happen

This is also happening in my home country Uganda, Chinese bring in alot of money in orm of loans and when the country cannot pay it back, they tend to staert buying out big compaines in the end they get the big say and start down paying the citizens so the government need to have some big regulations on investors

maria610421 👲

Cletus Brown 👲

Why not Fidel Castro

Game changer .

shevmc could you spell that word if your parents were too poor to put you through school? people have to pay for school in Jamaica. If There was no work for their parents, is it their fault that they can't spell economy? If your countries economy collapses next month, how much good will it really do you to know how to spell this word? Do you have kids to feed? Lots of these people do. If you were in their shoes, would you want someone to feel bad for your kid not having food instead of sitting being their computer poking fun at you? It may very well be you or your family in their shoes someday.

Probably white fragility coming through in that question.

Jamaicans did not elect British they elected PNP.

The people in power never say what you said, they take responsibility for the economy so I want to hear from them if that is true. Election is coming up so I want to hear from the real problem.

Gamal Mothersil that how you get fool by the world order only if you know half of wah gwan inna world you would know why Jamaica naa reach no where!