(CNS Local Life): The Cayman Islands is considered a rich country with all the trappings of wealth, but there is growing anxiety about personal finances among the local population and this jurisdiction has recently been ranked as world’s most costly place to live. So, earlier this month we invited readers to send in questions about […]
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Savings: a bigger problem than foreclosures
JH writes: There is a much larger problem in this economy which plays a huge part in the economic circumstances faced by the Caymanian populace at large. This issue has never been discussed, and while there are many factors involved, I will just summarise it by saying lack of savings instruments in the financial system […]
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