Vexed Bermoothes

Blustery Opinions From Bermuda

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Entries Tagged as 'Jersey'

Prudent

June 8th, 2009 · No Comments · Islands

Like Bermuda, the island of Jersey is facing some difficult financial times.  The financial services sector, which provides 30 percent of Government revenues and directly employs nearly 15 percent of the population, is on the rocks. So what’s the difference? Jersey has no significant debt. Jersey also has two “rainy day funds” – the Stabilisation [...]

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