Geoeconomics of Guyana. 86% GDP Increase?

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  • Опубліковано 8 вер 2024

КОМЕНТАРІ • 135

  • @GoodTimesBadTimes
    @GoodTimesBadTimes  3 роки тому +1

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  • @dennisgreen7489
    @dennisgreen7489 3 роки тому +28

    As a GUYANESE we should learn from the other oil producing nations the mistakes they have made going forward I wish our government put this money to the development of our nation💪💪👍

    • @randomdude7034
      @randomdude7034 3 роки тому +2

      Well said we all see what happen to trinidad and tobago

    • @dennisgreen7489
      @dennisgreen7489 3 роки тому +3

      @@randomdude7034 not only them my friend many other oil producing nations take a look at Nigeria it's a mess the rich is getting richer and the poor people poorer

    • @mrrreddy8067
      @mrrreddy8067 3 роки тому +6

      @@randomdude7034, Trinidad is joke when it comes to economics, 100 years of oil and still 3rd world.

    • @antising8834
      @antising8834 2 роки тому +1

      Start by giving back Tigri to Suriname

    • @oo--7714
      @oo--7714 2 роки тому +2

      @@mrrreddy8067 it’s somewhat developed

  • @la23s.a.22
    @la23s.a.22 2 роки тому +4

    When I first show Guyana's gdp in 2019 ,I wasn't impressed but now damn 😳. Much love from South Africa 🇿🇦🇬🇾

  • @samuelrutunda9939
    @samuelrutunda9939 4 роки тому +27

    Wow! Great content, keep up the good work!

  • @FOLIPE
    @FOLIPE 4 роки тому +19

    Great. Please, more content on South and Latin America, specially Brazil.

  • @karishmabudhram9013
    @karishmabudhram9013 3 роки тому +26

    As a Guyanese I can only wish. And it's Guy-Anna not Goyana .

    • @karishmabudhram9013
      @karishmabudhram9013 3 роки тому +1

      @dennis seechan your point is? 😞

    • @karishmabudhram9013
      @karishmabudhram9013 3 роки тому +1

      @dennis seechan it's not about that. That's the Spanish pronunciation. Everything else is fine except that one word. Why? I'm defensive because I saw another feature where the map of Guyana was missing Essequibo.

  • @yodefosumari1020
    @yodefosumari1020 2 роки тому +4

    We look forward to seeing the socio-economic and infrastructural development of Guyana in the remote Amerindian and mining areas of Arimu Mine, Eteringbang, Arau, Kaikan, Ekereku, Isseneru and Bartica. 🤞

  • @khriscell4606
    @khriscell4606 4 роки тому +10

    It all depends on the management of the wealth and the stability of the economy. Here in Guyana, politicians are who makes the country go forward. So far, the governing PPP party, i hope good comes from your administration. I mean your choice of candidates as well as MP could have been better. More young and qualified people are needed to steer Guyana forward the fastest way possible.

  • @cliffordshelton6856
    @cliffordshelton6856 4 роки тому +8

    Yes. I enjoyed this greatly. Well done! Keep it up

  • @ianshaver8954
    @ianshaver8954 Рік тому +2

    Striking oil is the country equivalent of winning the lottery. Some, like Norway, just put the money in the bank and continue. But the majority quit their job and go on a wild spending spree.

  • @vishnooramdin2915
    @vishnooramdin2915 3 роки тому +3

    Guyana is a blessed country.I am proud to be borned in Guyana.and a Canadian citizen.Should I retire in Guyana?Guess so we own lots of land and gardening gift.

  • @theknight4317
    @theknight4317 3 роки тому +4

    I don't think that GDP increases, it should say "GDP growth by 86%?"

  • @WmJared
    @WmJared 3 роки тому +5

    London was right, a year later Guyana did +30%, with COVID tho. I wonder if an Alaska like dividend payment to every citizen would help alleviate some of the issues from the sudden income increase?

  • @crispy6532
    @crispy6532 3 роки тому +3

    Will Guyana be able to leverage its own people and envision a city, highways, energy-efficient mass transit, sustainable energy and freedom for individuals to be creative? Will there be inclusive finance? Will politicians become aware that the key to economic mastery lies within its people? Will Guyana realize its destiny of becoming a cost-of-living paradise?
    PS. Nice video. Great street view camera work.

  • @surendranauth7147
    @surendranauth7147 3 роки тому +3

    Many people never heard of Guyana or its where abouts and it's people's. Only oil and natural resources
    Keep Guyana for Guyanese and we don't need other countries people to embark and want everything that suits them in another people countries. Especially from middle East, Pakistan, and countries that have their own political problems and bring it to Guyana and other countries. Just stay out...unless they are carrying out infrastructure work. The countries that do this are Germany UK Netherlands Canada India France Norway Japan, and fairly. Beautiful Guyana!👍

  • @rudranauth.persaud6248
    @rudranauth.persaud6248 3 роки тому +7

    Continued prosperity will only be realized if the government invest in the people of Guyana in the form of education and trying to attract expatriates to return and breathe new life into the country. To fix crime you must fix poverty first. And one of the most important job will be to stop corruption and bribery something that is embedded into the Guyana economy! Time will tell.

    • @antising8834
      @antising8834 2 роки тому

      Maybe fix the crime of invading and stealing land from Suriname

    • @la23s.a.22
      @la23s.a.22 2 роки тому

      @@antising8834 You all are immigrants so what's your point.

    • @antising8834
      @antising8834 2 роки тому

      @@la23s.a.22 This comment does not make any sense to anyone. Have you been drinking ?

    • @la23s.a.22
      @la23s.a.22 2 роки тому

      @@antising8834 I replied to you what illusions are u seeing?

  • @stefanostokatlidis4861
    @stefanostokatlidis4861 4 роки тому +13

    Having a lot of oil in an otherwise small and undiversified economy means nothing if you cannot manage the consequences intelligently. I don’t think Guyana can do this. Very few countries such as Norway have a really functioning model.

    • @joeman2490
      @joeman2490 3 роки тому +3

      It’s better than having nothing.

    • @stefanostokatlidis4861
      @stefanostokatlidis4861 3 роки тому +5

      Joe Man it is not. Inequality breeds violence. On the other hand, when everyone is equally poor, who is going to steal from whom?

    • @amazonwarrior7126
      @amazonwarrior7126 3 роки тому +2

      well Stefanos we in Guyana are doing better than greece, you are starving, but you have the redcross to feed you, we in Guyana has a lot of food we have good housing but of course we need more, 40% below poverty line?you cannot belive that idot, we have a more educated population than dubi and we speak english,dubai does not.,so you can be sure we know how to develope.

    • @stefanostokatlidis4861
      @stefanostokatlidis4861 3 роки тому +4

      @@amazonwarrior7126 you are really ignorant and don’t know what is going on. If something Greece has in eccess it is food. We are not Fed by the Red Cross. Also speaking English does mean nothing in regards to development. Many African countries do so and are not developed. You are a tropical kleptocratic backwater like many other countries.

    • @amazonwarrior7126
      @amazonwarrior7126 3 роки тому

      @@stefanostokatlidis4861 look Stefanos, ok you are now having food,but Greece is bankrupt, like Venezuela next door, we have just started getting paid for oil in corana times with $200 000.000 million American
      dollars,the first payment, and we have plans already for many projects, We are not bankrup like Greece and
      look at the nice houses we have, and this is not the city and before the first oil payment.
      ua-cam.com/video/mTcO_rxJJXE/v-deo.html

  • @MichealLayne-cy3rg
    @MichealLayne-cy3rg Рік тому

    Congrats to my country Guyana. I always believed we would do it in my lifetime. God bless you. I have all faith that our govt will deliver wealth to all our people

  • @winstonmaraj8029
    @winstonmaraj8029 Рік тому

    What!!!!!!! Your channel featured my birth country?!?? 🍷💪👌🙏👍👏

  • @Alex_Urs
    @Alex_Urs 3 роки тому +2

    French Guyana is not a dependent territory, it is an overseas department, an integrated part of France. Sort of like Hawaii or Alaska.

    • @amazonwarrior7126
      @amazonwarrior7126 2 роки тому

      hay you should go to school its french Guiana not french Guyana, you need educating

  • @Aniwazoa
    @Aniwazoa 4 роки тому +4

    Very interesting!

  • @antising8834
    @antising8834 2 роки тому +2

    Guyana is the poorest country of the region and very underdeveloped.
    They would not know what to do with oil money and corruption will destroy the country.

    • @amazonwarrior7126
      @amazonwarrior7126 2 роки тому

      hay Antising ha ha ha for sure, we are growing 50% and venezuela is shrinking minus 20%

  • @matthewmann8969
    @matthewmann8969 3 роки тому +1

    Should have more kinds of safes, banks, piggy banks, vaults, stashes, and lockers

  • @vishnooramdin2915
    @vishnooramdin2915 3 роки тому

    It is time for Eldorado to shine. In our country of Guyana.No childhood experience than BORNEd in Guyana.Miss catching shrimp and fish in Guyana.Now a Canadian citizen

  • @theMOCmaster
    @theMOCmaster 4 роки тому +12

    oops there go the oil prices. one russian saudi dispute can set your growth forecast back so far. they'll do better than venezuela as long as they dont embrace communism but they should probably have their courts demand exxon renegotiate that deal, you should drive away foreign capital but you shouldn't submit to it either.

    • @GoodTimesBadTimes
      @GoodTimesBadTimes  4 роки тому +1

      Yeah, poor Guyanese.
      The first year of proper oil production and prices fall to a negative level.

    • @amazonwarrior7126
      @amazonwarrior7126 3 роки тому

      @@GoodTimesBadTimes that only affected us partly, as we have very light crude, so not much refining, and we are cheap, as it was east to extract the oil, so we still got a lot of money.,

    • @amazonwarrior7126
      @amazonwarrior7126 3 роки тому

      @@GoodTimesBadTimes yes we only got $ 250 000 000 million dollars (American ), in a few months and we are crying because we dont need to use it as yet.

    • @amazonwarrior7126
      @amazonwarrior7126 2 роки тому

      @@GoodTimesBadTimes thats 2 years ago and now its 2022 and the oil prices are high, so you int got much brains

  • @bysonchi
    @bysonchi 3 роки тому +2

    Brent is $65 and WTI $61, as of today. Bank of America, just came out and said, that they see oil at $70 in a few months; some even saying as much as $100 because of many oil projects that has been cut back and countries like China and India bouncing back beyond their max consumption. Love how he extrapolated Guyana's oil income based on $20/barrel of oil .Yep, the golden age of oil is gone.LOL

    • @Hello-uk5xp
      @Hello-uk5xp 3 роки тому

      Oil is still valuable😂

    • @amazonwarrior7126
      @amazonwarrior7126 2 роки тому

      hay chi, if the golden age of oil is gone how come Guyana is getting richer?

    • @bysonchi
      @bysonchi 2 роки тому

      @@amazonwarrior7126 We're on the same page. "Yep, the golden age of oil is gone.LOL", is sarcasm.

    • @amazonwarrior7126
      @amazonwarrior7126 2 роки тому

      @@bysonchi well its a strange sarcasm

    • @bysonchi
      @bysonchi 2 роки тому

      ​@@amazonwarrior7126"Bank of America.....they see oil at $70 in a few months; some as much as $100.... and countries like China and India bouncing back. Love how he extrapolated Guyana's oil income based on $20/barrel of oil".
      I broke it even further down for you.
      Reading Comprehension is a lost art my brother.

  • @johnnesbit2371
    @johnnesbit2371 2 роки тому +1

    GUYANA: Use oil revenue to institute a Basic Income Provision. This is a NEW MILLENIUM. Guyana should do something new. (for instance: 1] Choose an every-month sum appropriate for Guyana[for example, $20,000 GYD per month--But Guyanese should figure this out of course]. 2]distribute this per capita, that is to every adult citizen at least 18 and (maybe) possessing a minimum of schooling, college and trade training. 3]This will obviate MOST of the negative consequences of the Dutch Disease as well as many other baneful modern conditions). Guyana can request that the extractive industries contribute to the funds necessary. The most famous abuse that Guyana suffers is of course corruption/I don't know how true it is, but whether it is corruption or street crime, this provision will replace them with a self-respecting society.

    • @shauncameron8390
      @shauncameron8390 Рік тому

      LOL. The last thing Guyana needs is to turn into another Venezuela.

  • @amazonwarrior7126
    @amazonwarrior7126 2 роки тому

    its now 2022 and the GDP is 50% so it still has to grow to reach 80%

  • @mohamedmamood1869
    @mohamedmamood1869 3 роки тому +1

    I am a Guyanaes I feel so bad 55 year all Grovmeant keep the the Guyanaes down and the are highly crruped and the put the Guyanaes in hard ship

  • @sunnycriti9809
    @sunnycriti9809 Рік тому

    little steps with wisedom. small and steady will win the race

  • @micahbenjamin
    @micahbenjamin 3 роки тому +2

    I think guyana need to keep bilding bild bild

  • @annabellaboyer643
    @annabellaboyer643 3 роки тому

    Guyana,keep on standing forever and dont fall?Forever great.

  • @amazonwarrior7126
    @amazonwarrior7126 3 роки тому

    for every one big GDP does not mean better standard of living, Guyana has small GDP and has a middle income standard of living.

  • @ulrichlachman1216
    @ulrichlachman1216 9 місяців тому

    @ulrichlachman1216
    0 seconden geleden
    Guyana also has a border dispute with Suriname. What Rusland did with the Ukraine is the same what Guyana did with the area in the south east border with the area of Acarai Mountains Coeroeniriver and the Corantijnriver of Suriname. Every river has a begin point and and end point. The begin point of the Corantijn river is in the Acarai Mountains in the north by the border of Brazil and the south of Suriname. Guyana calls the part of the Corantijn river New river and that is false. So the area between the Coeroeniriver, Corantine river and Acarai Mountains is Suriname territory. Keep that in mind.

  • @cosmicdreams7115
    @cosmicdreams7115 Рік тому

    Where is the Money. We Guyana Citizens are living in an open prison. The government said oil income can not paid for road and bridges . Many people presently walking on mud roa.

  • @albertansah1373
    @albertansah1373 Рік тому +1

    Number one ☝️ concept is to make a sovereign state to protect this potential oil wealth from exploitation and corruption period .This would bring about major economic benefits for all citizens seeking improvements in their lifestyles and jobs for less population under three million citizens living below poverty and complete small pox risk assessment with malaria infested populations seeking treatment 😮😢😂😢.???This is the best news for all citizens beyond hell.???.😂😢😮😅.????

  • @richardmkenzie7694
    @richardmkenzie7694 3 роки тому

    Guyana 1980 Act No 2 Constitution of the Co-operative Republic of Guyana

  • @jdlc903
    @jdlc903 2 роки тому

    There's only 770,000 people in that big country?

  • @dhanrajmohan701
    @dhanrajmohan701 4 роки тому

    Public comments.one percentage or two percentage is bits and pieces not good for business.manage and maintain an effective system dealing with oil and gas is necessary but transparency and accountability in government including checks and balances in government is vital for growth and development in Guyana.

  • @brattyberlin1007
    @brattyberlin1007 3 роки тому

    With a population of 770k people. everybody should get a check and no one should be living under the poverty line. Every last politician needs to be tossed out! And a younger forward thinking group of mixed raced people need to take over. If not the old racist black vs indian fight will continue and no one will win. As we have all clearly seen since it's independence. Beautiful country but most of the leaders are corrupt, greedy, and they do not care about the people. Only themselves. Need the Millenials and Gen Z to toss the old racists out. Black Or Indian. And create a more untied front for ALL guyanese.....

  • @amazonwarrior7126
    @amazonwarrior7126 3 роки тому +4

    we may be the poorest but most of the people have a good standard of living, the best in Latin america (majority people) big GDP does not mean good standard of living, and why you worry about the mall population? they dont even have enough jobs for all the people here, plus we have 2 million people abroad who will return when the country gets more dveloped.and we can import people very easy.you always have a negitive report about Guyana

    • @hermonchandra4018
      @hermonchandra4018 3 роки тому

      I totally agree with you

    • @srla.5145
      @srla.5145 3 роки тому

      There is jobs in guyana but people just lazy.

    • @Lando-kx6so
      @Lando-kx6so 3 роки тому +1

      Guyana's not in latin america and is no longer the poorest in south America that would be Venezuela now

    • @shauncameron8390
      @shauncameron8390 Рік тому

      @@Lando-kx6so
      Guyana was never the poorest country in South America. Just one of the poorest. That title went to Bolivia and now goes to Venezuela.

  • @ulrichlachman1216
    @ulrichlachman1216 2 роки тому

    Start built a second Big City in the south of Guyana

  • @eliling9841
    @eliling9841 3 роки тому +1

    🇹🇹🇬🇾🇹🇹🇬🇾

  • @bigelwest3623
    @bigelwest3623 3 роки тому

    What does GDP actually mean for the people? I think this is a poor measure for wealth and prosperity overall

    • @amazonwarrior7126
      @amazonwarrior7126 2 роки тому

      true but in Guyana its creating jobs, as infresture is being built at a fast pace and agriculture. too. Our GDP GROWTH is the fastest in the world, Any way we are a middle income country now, going on to be a rich country.o. Our GDP GROWTH is the fastest in the world, Any way we are a middle income country now, going on to be a rich country. Guyana has 3 main enemies
      the pnc party, and abroad. venezuela ,russia, EU. who dont want Guyana to suceed.

  • @pjikos80
    @pjikos80 3 роки тому +1

    GUYana?! 🤨🤷🏾‍♂️

  • @la23s.a.22
    @la23s.a.22 2 роки тому

    How is race relations in Guyana?

    • @amazonwarrior7126
      @amazonwarrior7126 2 роки тому

      good, do you see us fighting like america or uk or south africa? why you ask that question?

  • @dhanrajmohan701
    @dhanrajmohan701 4 роки тому +1

    Public comments.nabouring country don't even got resources like Guyana but their currency exchange remain high because proper growth and development in Guyana.

    • @amazonwarrior7126
      @amazonwarrior7126 3 роки тому

      not Venezuela though, one thing I want to do is go to Venezuela and become a billionaire or maybe Zimbabwe

  • @godfreydamazefrederickorfr1544
    @godfreydamazefrederickorfr1544 3 роки тому

    Guyanese Owned and Operated Oil & Gas development EPC/PM Based in Canada. DAMAZE GROUP: www.damaze.ca

  • @oo--7714
    @oo--7714 4 роки тому +3

    Can you talk about African countries

    • @GoodTimesBadTimes
      @GoodTimesBadTimes  4 роки тому +1

      Yeah, sure. I'd love to focus more on Africa in the future.

    • @Sthmohtwenty
      @Sthmohtwenty 3 роки тому

      About what....u vodooo

    • @al-bp1pi
      @al-bp1pi 3 роки тому

      @@Sthmohtwenty 😆 🤣

  • @luisalejandro8787
    @luisalejandro8787 Рік тому

    el esequivo es VENEZOLANO

  • @festivalarturogonzalez7513
    @festivalarturogonzalez7513 3 роки тому +1

    Venezuelan territory! That's an exxon mobil piratery act!... Reclamation zone

  • @amazonwarrior7126
    @amazonwarrior7126 2 місяці тому

    ha ha ha 40% below poverty ,well you know thats a lie. Guyana has moved from a middle income country to an upper middle income country, -WORLD BANK REPORT -AND UN report also.

  • @kailasavello
    @kailasavello 3 роки тому

    🔥🥰🥰

  • @tarzanautowala6506
    @tarzanautowala6506 2 роки тому

    Dutch disease : here I come

  • @davidrust9930
    @davidrust9930 3 роки тому

    Guyana one country in the world where black and Indian people just do not mix absolutely no freaking way except for when they play Cricket.

    • @amazonwarrior7126
      @amazonwarrior7126 3 роки тому

      so true,but it makes me wonder where all those hundred of thousands of dougla people come from? In our langauge it means Africian mixed with indian blood. some men are doing strange things.

    • @josephwebster9546
      @josephwebster9546 3 роки тому

      @@amazonwarrior7126 people don't like to hear the truth, most of the division in a country is religion, look at countries with the same race but different religion and there's conflict.

    • @amazonwarrior7126
      @amazonwarrior7126 3 роки тому +1

      @@josephwebster9546 ,yes you can say the same for Nigeria,America,russia, uk, Kenya,,china, the list is endless,where there is division,but apartenly only Guyana is having a racewar,and we are a tiny country, but a lot bigger than a lot of european countrys
      and we are in the starving mode like Venezuela,Guyana has a lot of enemys.

  • @Blackmanoriginally1
    @Blackmanoriginally1 3 роки тому +1

    No the PP P is a bunch of crock

  • @geografisica
    @geografisica 2 роки тому

    The Essequibo Territory is part of Venezuela, we Venezuelans reject Guyana invasion to OUR Territory 👎

  • @guidosamson682
    @guidosamson682 3 роки тому +1

    Guyana stole and occupied that right bottom piece on the left from Suriname. Its called Tigri region. You picture is totally wrong and illegal printed!!!!!!!

    • @renehopkinson5079
      @renehopkinson5079 3 роки тому +3

      The fuck are you talking about GETTT DUTTY BAD MIND

    • @hermonchandra4018
      @hermonchandra4018 3 роки тому +1

      Guido Sampson you are all delusional stop using crack

    • @guidosamson682
      @guidosamson682 3 роки тому +1

      @@hermonchandra4018 i say what i need to say. If it will hurt u dont read it. Because hard fact. It BELONGS to Suriname!!!!!

    • @tauceti8060
      @tauceti8060 3 роки тому +2

      @@guidosamson682 No it doesn't you guys are like venezuela you love to claim land.

    • @guidosamson682
      @guidosamson682 3 роки тому +1

      @@tauceti8060 BS you talk!!

  • @amazonwarrior7126
    @amazonwarrior7126 3 роки тому +1

    you are a joker,and the money is being manage the right way now, and Guyana has a low Gdp and a good standard of living,big GDP does not mean a better standard of living, and 40% below the poverty line, you are a joker, and the one million can be increased to 3 million very quickly as we have 2 million people abroad,so people are not the problem,I know you would like to see us fail because you are jealous,but Guyana is not Venezuela or Nigeria,

  • @roneciayounge7508
    @roneciayounge7508 3 роки тому

    God will never let this happen so y'all dutty mouth will not catch us in Jesus name amen.