Guyana Touts Itself As Capitalist Paradise — For More Than Just Big Oil
‘We’re going to spend oil money as a checkbook,’ says investment chief Peter Ramsaroop, presiding over 30% GDP growth. ‘This is the last time you will see such a development in the world.’
Read the full story on Forbes: https://www.forbes.com/sites/christopherhelman/2024/05/09/guyana-touts-itself-as-capitalist-paradise—for-more-than-just-big-oil/?sh=6c29c2e07994
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Yeah for the capitalist in EXON MOBIL !!
Don’t be denial, Guyana attracts foreign investors but that money doesn’t stay in the country. It is very difficult to find American dollars to exchange your money. That’s because the money investors make they convert into American dollars to send out of Guyana. People are seeing the immediate glitz and glamour but are not looking beyond that. The royalty Guyana gets from the oil is pennies compared to what Exxon makes. Guyana will end up like Ghana, where Exxon used their oil resources to completion and then left Ghana. Now Ghana is struggling to survive because of the aftermath. Learn from it Guyana. However, we Guyanese love immediate gratification and don’t into the future. That’s been Guyana’s mentality from the start of independence and I don’t see that mentality changing in the future. It’s every man for himself.
You dont mention the distinct possibility of a war. Ch and ru would love to see usa trying to deal withit, exporting war but closer to home
Bigbamb9n U tube video about black man its a green video
My beautiful Guyana❤🇬🇾
The true monkey on our backs is ExxonM that is giving us 2% after expenses, doesn’t pay any taxes, and nothing in case of an oil spill.
Steal
For all leaders for Guyana & people off Guyana, please come visit to Malaysia, a centre off Asia & Asean, seen we can sharing our experience develope our country, maybe not all good but can take a lot off idea to develope your Guyana cuntury, like how to develope a school, hospital highway airport, university, how to develope education young generation, new town, new railway, Port & other's, with ro many all relegion & many mix race here – Welcome to Malaysia, the home of Petrolnas company & Petrolnas Twin Tower
Go for it Guyana amd Surinam. Donot listen to these hypocrites. Look how in Europe these hypocrites are destroying their last wikd forest called the Carpathian Forest
10 hospital with a population less than 1 million. This is robbery by the political class
To the president of Guyana we need good drinking water and better living conditions
America is coming for you to fix your democracy 😂
Hopefully that oil revenue stays in the country and helps the people prosper. Good luck, things get wild when you find oil. 🙏🏽
Guyana should give outside investors a small non-controlling stake in the oil. They should also stipulate that the oil companies train Guyanese nationals to operate the oil extraction and refining processes.
Any money should go towards education and also road and energy infrastructure.
it rank 134 in ease of doing busniess index…. thats lower then even iran
Guyana will become just like Angola. Every penny will be misappropriated and stolen.
Guyana need to buy weapons and ships and helicopters and tanks fighter jets to defend the country stop depends on USA because they destroyed countries not built them
You right outside investors can come and make money what money The citizens of Guyana get
There is signs that the Andean " melt " this summer may be severe ,, thus fillin the AMAZON "basin" ,, beyond the regular 50' ,, or there about during it's perennial pattern….. it's premature to be precise ,, the fact that this scenario ,, played out before ,, wellll you know the rest…….. my point here is fuh y'al in GUYANA to have you eyes on any stagnant water n if it………… RISING ! it might be too late fuh some bcos of weh dem living !
Stop lying. Guyana is the greatest loser in the game
Love Guyana..but be very carefully.. CD with your oil gift,
Fossil fuels aren’t on their way out…
The country has to ensure it signs agreements with oil companies which allows Guyana to get bigger percentage of profits it’s the people’s resources and overseas companies are exploiting already
Yes. Given. Gratis aka per se, for whatever: the chief US Judge, Senior Status Fedrico Moreno, my father prescribes for your country; via Texaco Pipeline(s) and/or HESS. Please phone his deputy/leave a message at the Southern District Florida chambers. Thanks. I LOVE YOU.
We still paying too much taxes..14%..if we can have that at 7% all of us can be ease from cost of living
Let's hope this money doesn't turn the politicians corrupt.
This is the most press the country I was born in has ever got
Very fortunate News, I hope the development of the infrastructure of the country is the top priority.