King Oil Is passing Away

mapoui · 10-12-2017, 12:06 AM · 1 person reading this discussion

#2
guyana got oil at the wrong time

#3
The Leader of the Alliance for Change (AFC) told Kaieteur News that about three or four weeks ago, the International Monetary Fund (IMF) submitted a report to him and the Finance Minister, Winston Jordan. He explained that the report looked at Guyanaโ€™s fiscal preparedness for the oil sector as well as the projected gains.
โ€œBased on that report, the IMF predicts that Guyana will earn $380M a year, in the first couple years, before we get into the billions. So it is a lot of money that will be coming. They have already started advising us on how much money will come from taxation, from profits, from royaltiesโ€ฆโ€

#4
i thought guyana was going to get rich

#5
get rich how? is only ketchim in dat foolishness.
take the experience of all the oil rich countries in the world and compare it to see what Guyana's future is going to be like....Nigeria, Venezuela, Iraq, Trinidad....especially Trinidad.

Venezuela had to have a revolution and confiscate their own oil from the americans so the people could get a benefit. and now they under constant threat of invasion by the americans to take back the oil and return Venezuelans to starvation

Nigeria has over a 100 million population and a huge oil industry..but general poverty, low life expectancy and starvation....

so they go come into lil stupid Guyana and make allyuh rich! are you nuts! by this time 25 years up the road Guyanans will be worse off than they are now..as has been the case for all oil producers, save those big enough to take over and protect their action.

#6
the oil companies already controlling the political parties

#7
of course they control. dat has been apparent from early in the term of king Granger..when Granger felt bad enuff to take on Maduro, riding on his little Guyanan horse with a pop gun.

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