Why Guyana is Doubling its Economy (The Oil Explosion)
Community: https://www.youtube.com/channel/UCyPM2GKrhFnQG4o-YtEuCFg/join
—
Why Guyana is the Fastest Growing Economy on Earth (The Oil Curse?)
—
High Quality AI Voices: https://try.elevenlabs.io/tbnj2oea8wn4
—
Guyana is currently the fastest-growing economy in the world, with a GDP skyrocketing by over 43% in a single year. But is this massive oil discovery a golden ticket or a trap?
In this documentary, we dive deep into the “Oil Explosion” transforming South America. From the controversial ExxonMobil contract to the looming threat of invasion from Venezuela, we uncover the dark reality behind the headlines. Will Guyana become the next Qatar, or is it destined to repeat the mistakes of Nigeria?
In this video, we cover:
The Discovery: How ExxonMobil found 11 billion barrels of oil in the Stabroek Block.
The Contract: The truth about the “2% Royalty” deal that sparked outrage.
The Crisis: Why Venezuela is threatening to annex the Essequibo region.
The Economy: The dangers of “Dutch Disease” and hyper-inflation.
The Future: The geopolitical chess game between the US and China.
⏱️ TIMESTAMPS:
00:00 – The Fastest Growing Economy on Earth
00:57 – The Golden Ticket (Exxon’s Discovery)
03:41 – The Deal with the Devil (2% Royalty)
06:13 – The Neighbor from Hell (Venezuela vs. Guyana)
08:57 – The Resource Curse (A.K.A. “Dutch Disease”)
11:36 – The Infrastructure Blitz (Silica City)
14:26 – The Green Paradox
16:24 – The Political Powder Keg (A Nation Divided)
18:33 – US vs. China: The New Cold War
20:00 – The Fork in the Road (Qatar or Nigeria?)
22:54 – Final Thoughts
🔔 SUBSCRIBE for more deep dives into Geopolitics and Economics!
#Guyana #Economics #OilBoom #Geopolitics #ExxonMobil #Venezuela #Documentary
source
About The Author
J Magliore told me that Haiti helped the US gain Independence, a Venezuelan Officer fought in the recvolutionary war..those two countries were ahead then,,under British Tyranny was the Colonies?? Which country is ahead now?
I am Guyanese and we are like children the chinese ,americians, european union and foreigners are sucking our wealth and Guyanese are getting poorer it gotten so bad we have to eat from the rubbish dumps, what can we do? we desperatly need help, would the Brazilians intervene? thousands are starving .HELP
yes thats for only one oil block, and a contract is a contract we will not change it. other blocks are 12% but we are still getting rich from that same block, and we never going to get no dutch disease
and if Venezuela invades the USA will bite their nails and cry and see venezuela size the gas platforms and Guyana will give them and say please dont starve us.
Esto amigo creadores de este video probablemente no se han leído el acuerdo de Ginebra y mucho meno el laudo arbitral de París de 1899 donde Inglaterra intentó despojarle a Venezuela de casi 200 mil km2 qué fue fueron final los ingleses, los se confirmaron con casi 160 mil kmz y esto sre ingleses no permitieron que Venezuela se defenderá por que según ellos los ingleses nosotros es decir los venezolanos eramos cualquier vaina menos gente y entonce los ee y la Rusia zarista integraron a este tribunal donde la decisión estaba ya elaborada desde un princip6que era robarle el territorio a Venezuela y para que uds lo sepan Venezuela desde su independencia hasta el gobierno de Gómez vivíamos en una guerra civil hecho que aprovecharon los ingleses para intentar robarno nuestro territio y que en 1966 tuvieron que reconocer el la ONU en Ginebra que el laudo arbitral de París de 1899 es nulo e irritó y por lo tanto no produce efecto jurídico. Es nulo entonce Venezuela no está robando a la república cooperativa de Guyana. La Guayana esequiba es y será de Venezuela
Explains Karen Bass's appointment and loyalty doesn't it. Sounds like Ilhan only easier to listen to😂😂🎉
GRAD YOU POINT THE POPULATION OUT. imagine with that small population and huge boost in the country's economy, yet the poverty is high and still rising. where you gave the government and their friends and family benefits, while citizens taxpayers suffers. the many corruption of government having hands in many private contracts, and transparency is lost, AUTHORITARIAN starts creeping in by the government. Wish other first world nations would intervene and do thorough investigation into the current government and corruption because many citizens in Guyana don't get as much access to data to prove their corruption
“Doubling the economy?” Is that so? Why are the local citizens still struggling to make ends meet? Has the unemployment rate decreased? What about the rice farmers who are struggling to put in a crop because they're selling the paddy at such a low price, which is affecting their livelihood? Whoever made this video is delusional.
Our country's name is no longer spelt Guiana which is from the colonial era since independence the name is spelled Guyana.
Lie tho
It will be the next Nigeria because of the corrution by the government everywhere
Build the country and stole the money too?😢😢😢😢
Nice deal trackman . U sapose to go to jhail . U moran😮😮😮
The government should construct affordable readily-available housing units, the private sector will follow suit. This will help control inflation…..much much more
Before oil was gold and other resources, what was the account on that? If premise for handling the previous resources is the same for the oil then the answer to what will happen to oil is predictable. Transition from conventional program to expert system can be an addition to engage…..Now the World don't dance to the beat of one drum. Two strokes can help.
Guyana South America, we will rise, our Country is blessed by Jesus Crist 🙏, Guyana does not get storms ecd.
To top it off we have America 🇺🇸 on our side, God bless America 🇺🇸 and Guyana 🇬🇾.
Don't do like Venezuelan
Keep production goings
Averculture
Fishing
Have your own foods for Guyanese people always
Be wise.
Guyana should have leave the oil in the ground because she only people who getting richer is Exxon and Guyana leaders the people of Guyana getting poorer
Singapore has shortage of everything; guyana lacks good leaders, that is agree to!
This is not actually accurate, the government has increased support for Agri, I don’t like it when the white man hypocrisy is washing over!
They borrowing money from the Chinese the oil money is stolen by the Government.
It is good when any country is blessed with natural resouces as is the case with my country Guyans.What is most important are leaders with the requisite skills/knowledge to manage these resiurces so that every Guyanese benefits from the proceeds.Our lack vision.Even if they have it is blinded by their corrupt nature.Corruption in Guyana is like cancer,slowly destroying every tissue in our society
It is too much. The oil,I have a headache.!!!!!I want the world to know that despite being labelled as the fastest growing economy in the world we Guyanese are still damn poor!!We still have low wages/salaries among other things.Come and see for yourselves how corruption from the president right down is suffocating us.Just a tiny fraction of the population benefits from the oil money,i.e. the president,his ministers and the others of the upper bracket. The small man is doomed.
Foreign influence, particularly from the United States and Israel, has significantly drained Guyana’s resources, leaving the country with very little benefit. The limited opportunities created tend to serve corrupt political elites whose misconduct is documented in foreign institutions, leaving them vulnerable and compelled to accept exploitative arrangements. As a result, decisions are made without genuine concern for the people, national sovereignty, or democratic principles.
wrong, essequibo always belonged to grand colombia and now venezuela, only 3 countries decided in favor for guyana, but was never accepted by venezuela, correct the true history
🇬🇾
Hope they hire advisor from Norway.
Venezuelan economy collapse under the preasure of AMERICA
The problem with Guyana is the Afro Guyanese people themselves. They love to take orders from other groups of ppl especially Indo Guyanese. They have weak leadership and love to run from wealth. Idk how they manage to have coolie ppl controlling Guyana. Afro Guyanese ppl need to step up and fight their system
Take the cash and run. I agree it was a lopsided contract but it’s a battle a small country will not win. America just proved that. The government has to find a way to lift its citizens out of poverty. They have to experience a better life. However, there are forces in Guyana that continuously try to divide the nation. They have one of the most astute politicians and economists in the VP and a very capable Finance Minister. A lot is riding on their shoulders. I would start with the poorest citizens and build them a home and then change their mind set and by giving them interest free loans to pay for those homes. Reinvest their payments for their benefits. If you keep giving money with no strings attached then you will create a population of dependents.
PNC/ APNU, dunces Trotman natural resources minister , Granger President , signed the sweetheart deal with ExxonMobil mobile . They sold out 🇬🇾 to the lowest bidder.Your analysis is precise.
corruption overload under the ppp government in Guyana
The infrastructure progress is acceptable…bringing other workers from other countries not…logistics should help the natives for this event…..next🍿😎
It's amazing how fast a video can be out of date.
Hell yeah let’s get that oil!!! 😁
For national security of course.. oh yeah and the most important thing is freeing the proud people of Venezuela from tyranny and all that or whatever.. 👉👈
Always a Climate Change mention!
Co to België low tax
Extremely informative and concise ……….. but 2% !?!?!?!,!?!?¿°!!!?????!???!?!😮
💎 VanEck Oil 🛢️ ETF (OIH) 💎
💎 Blackrock Gold 🪙 ETF (IAU) 💎
Can't build a first-world country from scratch within five years? West Germany managed at war's end.
Heyy i come from work upwork i wanna talk to you forny video editing services