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Their legislative branch is extremely competent at evaluating and passing competitive laws for business and banking, their executive branch is extremely compete
by rolltiide 7y ago
Their legislative branch is extremely competent at evaluating and passing competitive laws for business and banking, their executive branch is extremely competent at providing the administrative services and modern digital facilities for international business and banking, and their judicial branch is extremely competent at resolving disputes.
The government's budget is also balanced without passive taxation of this sector.
Most jurisdictions, whether they are other island nations or a state in the US are not competent in any of these regards and this has utility on this planet.
It would be an understatement for me to just point out how much I don't care how uncompetitive other nations are in this regard, and I also don't care about the challenges for them to become competitive.
- magashna 7y agoIf my sole purpose was to be good at X things, I'd be good at them.
- rolltiide 7y agoSomebody tell the British Virgin Islands, St. Kitts & Nevis and the Seychelles They seem to have missed the memo :D I feel like if I had said the Caymans was incompetent I feel the replies whether from you or others would have said “well of course they are” but anyway their regulators and public servants are often US educated at prestigious universities
- turtlesdown11 7y ago>Their legislative branch is extremely competent at evaluating and passing competitive laws for business and banking as if races to the bottom are challenging >this has utility on this planet The only utility the Caymans serve is unfettered human greed.