News
Virgin Islands' party politics
BY Dickson C. Igwe
In 20-years, the state of Virgin Islands (VI) politics has never seen the flux and flow it sees today.
Jack the wealthy investor: Part 3
By Dickson C. Igwe
Jack the billionaire Investor never really loses. When the global economy comes crashing down as a result of unsustainable mortgage and housing debt Jack buys bonds from Uncle Sam: the safest form of investment. Jack smiles from ear to ear.
Jack the wealthy investor: Part 2
By Dickson C. Igwe
Three intangibles drive the global economy: psychology, fear and trust. All three work together, and in varying degrees. These three variables impact the financial bottom line of investors, businesses, and consumers.
Jack the wealthy investor: Part 1
By Dickson C. Igwe
The investor is one of the three critical components of the global economy: the other two are markets and consumers.
The Economics of Climate Change - Part 1
By Dickson C. Igwe
Anyone who understates the climate change threat is living in ‘Wonderland.’ Hurricanes IRMA and MARIA, and the September 2017 floods brought the climate change reality to the British Virgin Islands, in a very ‘’ rude awakening.’’
Demography and the Virgin Islands General Election
By Dickson C. Igwe
Politicians do not like to talk about demographics. Why: because demographics in politics are a factor usually beyond the control of politicians in an election campaign. Debates can be won. Utterances can get heated, and backfire.
When a government goes broke!
By Dickson C. Igwe
It is accepted that borrowing is the universal norm for governments to find the cash to operate. Public spending from taxes and borrowing are the way most western governments function.
National indebtedness and living standards—Part A
Dickson C. Igwe
This ‘economics layman’ is learning that a country’s personal indebtedness and private debt levels—owed by private individuals and privately owned businesses—is not synonymous with national debt: debt held by a country’s government.
The Virgin Islands & Sustainable Debt - Part A
Dickson C. Igwe
Sustainable government borrowing from banks and institutions, national and international, internal and external, is the sole route to economic growth post Irma.
Debt fueled growth: pros and cons!
Dickson C. Igwe
Borrowing to generate economic growth post Irma is valid, prudent, and risky.
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