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Guyana's president: Are new oil discoveries a curse? | Talk to Al Jazeera
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- Опубліковано 18 сер 2024
- Guyana is a former British colony located between Brazil, Venezuela and Suriname.
The country is rich in biodiversity - as well as minerals. And in the last decade, some 11 billion barrels of oil have been found - which is the most significant discovery of its kind in recent years.
But as the world is moving towards greener economies, is it fair for countries like Guyana - struggling to overcome poverty and attract foreign investment - not to benefit from its newly-found riches?
Guyanese President Irfaan Ali talks to Al Jazeera.
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![АЛАУДИНОВ у Скабеевой: эти их ВСУ нас НЕ ДОГОНЯТ 😁 [Пародия]](http://i.ytimg.com/vi/an0anqU4WGQ/mqdefault.jpg)
As a Nigerian, I will advise my brothers and sisters in Guyana to learn from Norway's experience, not Nigeria's. Do not link your oil wealth resources to government revenue, as Nigeria did; government budgetary allocation should not be linked to volatile oil export. Industrialised the oil industry with investment in Refineries, Fertilisers and Petrochemicals with the support of private sector investment. This will boost Agricultural development and industrialisation. The journey will not be easy, but Guyana will prevail.
every single one in the Nigerian government most be arrested
The Guyanese would be wise to learn from your countries experience amongst others
So who will be the private investors.Hope not the Globalist Elite
you are speaking the truth i saw documentaries of Nigeria and Oil, how Corrupt it is !!!! you are right, Norway uplifts the GDP of their People with their Resources, but many countries do not !!!!!!
Smart advice. It's a dilemma, a country like Norway has the luxury to wait for investments to return, they don't have a large population of destitute and uneducated demanding fruits from the profits. This population will put pressure on populistic politicians to take the short term over the long term.
I studied Caribbean lands in geography and Guyana is by far the most resource laden territory in the Caribbean.
If you studied geography then it should let you know that Guyana is not apart of the Caribbean otherwise your probably reading from the wrong book
@@silenttreatment2506 politically, culturally and economically. Have you heard of Caricom. Yes, geography also teaches a bit of social studies, just to be pre-emptive. Did you know that parts of Florida is technically in the Caribbean and the Caribbean is considered part of north America and and and and some parts of the Caribbean are considered Latin America. Think of it as a Venn diagram. You do know what a Venn diagram is right? Google it if you don't.
Guyana is not apart of the Caribbean do you agree or disagree? And the name Caribbean is sort of an insult to some of the indigenous community,but am not gonna be stirred away with the narrative your tryna give
@@silenttreatment2506 you do know right that we are part of the Caribbean even though we are in South America so what you actually saying is Bs cause even my Guyanese passport will tell you so n even when you go check Caribbean islands it will also tell you so
@@estherthomas12 sorry if you felt that way but my passport doesn't say that and my birthday certificate didn't either so what did yours say?
Guyana needs to hire their own scientists to figure out the oil situation. Don’t rely on the thieves that the oil companies rely on.
Whenever the nation is in transient period from poor to rich per say, there's rampant increase in corruption for sure. It's natural, can't be deter. Phenomenon occur across the globe wether in USA at 30-60s, Soviet at 50-60, China at 2010, present in India at current milieu. It should not annihilate the possibility, opportunities should be seized time to time constantly. Provision should be to enhance tomorrow.
They are it’s called local content
The is a reason why there's rich soil and eco system there, leave the fossil fuel where it belongs, nothing but evil 😈 comes up with it
The thieves are the government who care more about themselves and less about the guyanese ppl the would sell out as long as the got the profits and the deals and benefits the ppl could perish for all the care as long as the can do and live how the wanted that's the results of corrupt government very very rich country very poor ppl
That's pure true
I appreciate President Ali's solid stance on developing Guyana and his consideration for Caricom sister nations. I am from Belize, trained at CUPOCS in Timehri, and I have benefited from their economy. I have a love for Guyana and its people. The Land of Many Waters is my second home. It is time to prosper Guyana. 🇬🇾🇬🇾 Love from Belize. 🇧🇿🇧🇿
It belongs to Venezuela though
The oil find is a curse for Guyana because all these evil countries and corporations will take over. Can
the Guyana Government learn from Venezuela and do not thick so because the Guyanese Indian
Government is ready to sell their soul to the devil. Guyana will become like Honduras. where
corporations own the country and Honduras people end up with nothing. Sorry Guyanese
people you have lost your country.
And there is some deamon blood suckered who does not want to work for what they want they want the government gives them a million dollar every month and then we getting the oil money the oil money their children is old people is getting money so much of people is getting oil roads is building school hospital and many other things is happening
@shababrk it is quite clear that you have no idea what you're talking about
This interview was quiet interesting,however,as a Guyanese living in Guyana I know the reality is very different.
This!!!! Non Guyanese live better than Guyanese themselves. They get the better jobs and better salaries even if a Guyanese has the same experience and same skills.
It’s quite not quiet
"Confessions of an Economic Hit Man" is an eye-opening and thought-provoking account of John Perkins' experiences as an economic hit man (EHM) in the 1970s and 1980s. The book tells the story of how Perkins and other EHMs worked to influence the economic and political policies of developing countries on behalf of the United States and international corporations.
According to Perkins, an EHM is a person who uses financial incentives, such as large loans and infrastructure projects, to persuade developing countries to adopt policies that are favorable to the interests of the United States and international corporations. These policies may include opening up the country's markets to foreign investment, relaxing environmental regulations, and privatizing state-owned enterprises. In exchange for these favors, the EHMs often receive kickbacks and other financial benefits.
One of the main arguments of the book is that the United States and other developed countries have used their economic and political power to exploit developing countries for their own benefit. Perkins argues that the EHMs and other members of the "corporatocracy" use their influence to shape the global economy in ways that benefit their own interests, rather than the interests of the people living in the developing countries.
Overall, "Confessions of an Economic Hit Man" is a thought-provoking and well-written book that offers a unique perspective on the role of the United States and international corporations in the global economy. It is sure to appeal to readers who are interested in international relations, politics, and economics, and who want to learn more about the inner workings of the global financial system.
@@annalee5254 not many Guyanese have the same experience or skills to obtain that better job or salary. Guyana doesn't even have the labour force needed to start projects right away, you have to wait 3/4 months to start projects.
@@dreamer6508 Who made you the professor of grammar !!??
Guyana has always been rich in resources. Bad governance is its problem
It seems like the same situation with Trinidad 🇹🇹 and Tobago. Lloyd 🇬🇧
I have to say that the Guyanese President is a very impressive, prudent and shrewd man who has his country’s best interests at heart. May Allah grant his presidency success.
Absolutely, what you see in him , is what you get...Long live the President and Government in GUYANA.
I agree he sounds genuine and intelligent
Ameen
I literally just returned from visiting Guyana recently and the economic disparity among citizens is significant, but there is a lot of new construction everywhere. The downtown needs significant cleanup with a more organized way to manage transportation and sellers. I do see significant investments in road construction and this President seems to understand the wide scope of issues that’s balanced and won’t destroy the biodiversity in the country. In the end the thing that I love most about Guyana are the people. Can’t wait to visit again
sweetlalde french what country are you from?
@@amazonwarrior7126 USA
@@sweetlaidefrench5570 well French, WE L[ke the americians, unfortuently you have the election cheat biden in power, and he will be coming out of power very very soon and trump will be in power again. as to your observations, I dont think the economic disparities are that great as in Brazil, venezuela or even usa, ie homeless people in various states in tents. many of the poor people you see in Guyana are west indians haitians and venezulians .As for the clean up its the town council responsibility not the Gov responsibility. As for the sellers all over the place we will sort that out in 2-3 years, as we have other priorities, and only in january 2022 that we started to take out the oil money, and yes Guyana is slow,we are not like Norway and Kuwite where when they discovered oil all the citizens were instantly well off.
AND dont worry about destroying the biodiversity as we have to cut down 30 times the trees that we cut down now. we Intend to develope our country, and we dont want no outside interfarence, Because we are a so called :small : country and a small population people think they can come to Guyana and take over,but they soon get a suprise as Guyanese are smart and well traveled. its not Haiti
;
People cannot eat their new roads.
I think this is one of the most interesting and honest interviews here given by President Ali. And also thanks to Alzera to asked pertenent questions and wait for a clear answers .
"Confessions of an Economic Hit Man" is an eye-opening and thought-provoking account of John Perkins' experiences as an economic hit man (EHM) in the 1970s and 1980s. The book tells the story of how Perkins and other EHMs worked to influence the economic and political policies of developing countries on behalf of the United States and international corporations.
According to Perkins, an EHM is a person who uses financial incentives, such as large loans and infrastructure projects, to persuade developing countries to adopt policies that are favorable to the interests of the United States and international corporations. These policies may include opening up the country's markets to foreign investment, relaxing environmental regulations, and privatizing state-owned enterprises. In exchange for these favors, the EHMs often receive kickbacks and other financial benefits.
One of the main arguments of the book is that the United States and other developed countries have used their economic and political power to exploit developing countries for their own benefit. Perkins argues that the EHMs and other members of the "corporatocracy" use their influence to shape the global economy in ways that benefit their own interests, rather than the interests of the people living in the developing countries.
Overall, "Confessions of an Economic Hit Man" is a thought-provoking and well-written book that offers a unique perspective on the role of the United States and international corporations in the global economy. It is sure to appeal to readers who are interested in international relations, politics, and economics, and who want to learn more about the inner workings of the global financial system.
It is not honest. HE IS A BAREFACED LIAR
and you are easily fooled.
HE IS NOT HONEST. He is barefaced lying in this video.
HE IS A LYING TRAITOR
The Guyanese Government have been fooling the public for years.
The Government of Guyana is corrupt....always has been always will be. And it doesn't matter which party is elected
8:01 Giving the citizen best possible health care?. - You can die in Guyana due to how bad the heath care is...and for very simple things.
2 women died recently in a very simple thing like child birth.
Cuba has better heath care than Guyana, and Cuba has had U.S blockage for 60 years.
9:41 - Always blaming the media when the media report on their corruption.
9:5 - Always blaming the media, when they point out corrution - and saying they are bias to developing countries. HE DOES THIS ALL THE TIME.. He brings this up every time the corruption index of Guyana is mentions.
9:59 - they refuse to hire proper people even oil and gas professional. They have always using government ministers and making decisions without hiring professional consultation companies...even when drilling for oil and have oil industry.
The Guyanese government DO NOT HAVE PLAN. They rarely do planning of any kind.
they do not have a plan for the oil industry.
No major infrastructure projects have plans. If and when they do have plans its always hidden away from the public, and only government officials know about it
11:03 - Blaming other political parities on their own incompetence and when people point out plans that dont make sense
Blaming Transparency International when it lists the country extremely high in corruption.
11:4 - There is very little money in the Natural resource fund as they keep taking out money from it. The fund is for future generations when the oil is finished. Like a saving fund but always taking out money from it.
13:23 - Its already badly managed. They are incompetent and dont know what they are doing and refuse to hire professionals.
17:18 - Always lying and trying to change info thats written and know
19:16 - More blatant lying. - They dont tell the public what is going on and keep hiding info about the oil industry from the public.They refuse to answer questions from the media on the oil industry . They HIDE all the contracts that they sign for any infrastructure projects, even when they media try to get info on it
Guyana is rich in many resources from Gold, Diamond, Bauxite, Timber, Rich Soil, etc etc and most recently a significant oil find. What is stopping Guyana from moving its economy so citizens can afford a better life? Also, all the other resources did not make a difference for Guyana will the oil find make a difference? There are countries doing better than Guyana with far fewer natural resources. What is Guyana's excuse for having one of the poorest economies? Guyana's government is doing an injustice to its citizens for far too long.
The government is taking the money and putting it in their pockets
As said before, bad governance is the problem. Thanks for your comment
Bravo Mr. Ali! Listening to your discussion has made me proud as an elderly Guyanese to hear real good News of what is going on in Guyana! Well said!
I love this Guyana president I respect him
It's a great blessing for the Guyana people ❤❤❤❤❤❤🙏🙏🙏🙏🙏
At the end of the day, as a guyanese I just want to be comfortable and live life without crime around, access to top quality education and health care for myself and family and access to a high standard of living and services. This is what is all comes down to, and the fact is that we are a long way from that as a country. The 40% population that is in poverty is a worrying number. I hope that we can bring this down as fast as possible with the right moves. Hoping for the best for our country!
"Confessions of an Economic Hit Man" is an eye-opening and thought-provoking account of John Perkins' experiences as an economic hit man (EHM) in the 1970s and 1980s. The book tells the story of how Perkins and other EHMs worked to influence the economic and political policies of developing countries on behalf of the United States and international corporations.
According to Perkins, an EHM is a person who uses financial incentives, such as large loans and infrastructure projects, to persuade developing countries to adopt policies that are favorable to the interests of the United States and international corporations. These policies may include opening up the country's markets to foreign investment, relaxing environmental regulations, and privatizing state-owned enterprises. In exchange for these favors, the EHMs often receive kickbacks and other financial benefits.
One of the main arguments of the book is that the United States and other developed countries have used their economic and political power to exploit developing countries for their own benefit. Perkins argues that the EHMs and other members of the "corporatocracy" use their influence to shape the global economy in ways that benefit their own interests, rather than the interests of the people living in the developing countries.
Overall, "Confessions of an Economic Hit Man" is a thought-provoking and well-written book that offers a unique perspective on the role of the United States and international corporations in the global economy. It is sure to appeal to readers who are interested in international relations, politics, and economics, and who want to learn more about the inner workings of the global financial system.
These ppl are always smart with their words, but come 6-10yrs from now. We in the same position.
Guyana deserves every bit or wealth that comes from Their country. They have a very small population but many lives in America and they will now want to go back home to take part in the development.
Let them stay. There are the ones who ran
no they won't lol they will say in the us . Guyana is only going to see 40-50 % of that wealth . Most of it is already controlled and owned by foreign co.s etc. Guyana doesnt have any oil infrastructure to sustain that production . Gov't oversold the public on this and people expect guyana to be completely different . the fact is guyana is going to take a long time to get to where they want
@@LIME-- the fact is you dont know nothing about Guyana, we are almost modern, dont look for skyscrapers, look for standard of living the main thing.
"Confessions of an Economic Hit Man" is an eye-opening and thought-provoking account of John Perkins' experiences as an economic hit man (EHM) in the 1970s and 1980s. The book tells the story of how Perkins and other EHMs worked to influence the economic and political policies of developing countries on behalf of the United States and international corporations.
According to Perkins, an EHM is a person who uses financial incentives, such as large loans and infrastructure projects, to persuade developing countries to adopt policies that are favorable to the interests of the United States and international corporations. These policies may include opening up the country's markets to foreign investment, relaxing environmental regulations, and privatizing state-owned enterprises. In exchange for these favors, the EHMs often receive kickbacks and other financial benefits.
One of the main arguments of the book is that the United States and other developed countries have used their economic and political power to exploit developing countries for their own benefit. Perkins argues that the EHMs and other members of the "corporatocracy" use their influence to shape the global economy in ways that benefit their own interests, rather than the interests of the people living in the developing countries.
Overall, "Confessions of an Economic Hit Man" is a thought-provoking and well-written book that offers a unique perspective on the role of the United States and international corporations in the global economy. It is sure to appeal to readers who are interested in international relations, politics, and economics, and who want to learn more about the inner workings of the global financial system.
@@shaughn2011I’m sure you understand that Guyanese abroad are an important resource because we help the economy with remittances.
India origin President of Guyana is a proud of his roots !
GO GUYANA!!!!!!!!!!!!!Very smart leader, Guyanese people must exercise patience. this leader is doing things in the right way, from a Yardy...
Cost of living is high here in Guyana 🇬🇾 . It is a shame, and Guyana 🇬🇾 money is not high or close to the U.S dollar 💸 knowing that we are giving oil to the world 🌎 .
Money value depends on how much money a country print against the foreign exchange demand all through Guyana money are low it is easier to get forex in Guyana than Trinidad which allows businessmen to bank forex that is causing serious shortage
It's only a curse when theiving, corrupt and greedy leaders mismanage and pilfer the proceeds. Unfortunately, this is exactly the case with this country. Guyana and 99.9% of it's citizens will never reap any of the benefits...The oil wells will run dry, and the state of the country will be worse than it was before the discovery. 😩 It's January 2nd, 2023, this comment is gauranteed to age very very well.
Hope ur not right on this . If ur right , the outcome will be terrible!
The Indians will benefit as Guyana is a apartheid country. The people of Afrakan lineage are heavily discriminated against and terrorized. Guyana wants to be like Argentina, where no one of Afraka lineage will exist.
@@dy6682 Trust me...I'm 💯 right.... In fact, i'm willing to bet my life on it.😩
@@gtgirl1848 Stop it!🤚🏽 Guyanese of African descent put themselves in that position. When they had the chance, Afro-Guyanese were busy destroying each other, and spending their money on foolishness, while the Indo-Guyanese were busy creating wealth and looking out for their own.😩 They gave the Indians the opportunity to have the economic advantage.
💯💯💯Right “ well said!!
Do you know when he’s lying when his mouth is moving he and VP birds of the same feather flock together” Criminals package 📦
Always watching from Georgetown Guyana south America 🇬🇾🇬🇾🇬🇾🇬🇾
I form Trinidad and Tobago and thls man said the right thing as a tini we made some bad investment. I feel Guyana have a better outlook for there people and the region.
Aren't the salaries in TT among the highest if not the highest in the region?
"Confessions of an Economic Hit Man" is an eye-opening and thought-provoking account of John Perkins' experiences as an economic hit man (EHM) in the 1970s and 1980s. The book tells the story of how Perkins and other EHMs worked to influence the economic and political policies of developing countries on behalf of the United States and international corporations.
According to Perkins, an EHM is a person who uses financial incentives, such as large loans and infrastructure projects, to persuade developing countries to adopt policies that are favorable to the interests of the United States and international corporations. These policies may include opening up the country's markets to foreign investment, relaxing environmental regulations, and privatizing state-owned enterprises. In exchange for these favors, the EHMs often receive kickbacks and other financial benefits.
One of the main arguments of the book is that the United States and other developed countries have used their economic and political power to exploit developing countries for their own benefit. Perkins argues that the EHMs and other members of the "corporatocracy" use their influence to shape the global economy in ways that benefit their own interests, rather than the interests of the people living in the developing countries.
Overall, "Confessions of an Economic Hit Man" is a thought-provoking and well-written book that offers a unique perspective on the role of the United States and international corporations in the global economy. It is sure to appeal to readers who are interested in international relations, politics, and economics, and who want to learn more about the inner workings of the global financial system.
Don't believe the hype and rethoric, it is ALL about the ONE ethnic group ENRICHMENT. One Guyana is about ONE ETHNIC Group! BS Babble! Disingenuous Babble! Making it up as he goes along, all BS! T&T had it's own refinery!
@@dwight4k Inflation is also the highest, thus reducing the quality of the economy along with high unemployment rate.
My birth country Guyana. Beautiful place. Love from England😊
Where in Guyana ?
Demerara!
"Confessions of an Economic Hit Man" is an eye-opening and thought-provoking account of John Perkins' experiences as an economic hit man (EHM) in the 1970s and 1980s. The book tells the story of how Perkins and other EHMs worked to influence the economic and political policies of developing countries on behalf of the United States and international corporations.
According to Perkins, an EHM is a person who uses financial incentives, such as large loans and infrastructure projects, to persuade developing countries to adopt policies that are favorable to the interests of the United States and international corporations. These policies may include opening up the country's markets to foreign investment, relaxing environmental regulations, and privatizing state-owned enterprises. In exchange for these favors, the EHMs often receive kickbacks and other financial benefits.
One of the main arguments of the book is that the United States and other developed countries have used their economic and political power to exploit developing countries for their own benefit. Perkins argues that the EHMs and other members of the "corporatocracy" use their influence to shape the global economy in ways that benefit their own interests, rather than the interests of the people living in the developing countries.
Overall, "Confessions of an Economic Hit Man" is a thought-provoking and well-written book that offers a unique perspective on the role of the United States and international corporations in the global economy. It is sure to appeal to readers who are interested in international relations, politics, and economics, and who want to learn more about the inner workings of the global financial system.
@@pertsing1 in the amazon.
@@pertsing1 on mars
Oil deposits in and of themselves are not curses; however, the exploitation of that resource for selfish gains by the greedy and unscrupulous is the real concern. Give Guyana a chance before judging.
"Confessions of an Economic Hit Man" is an eye-opening and thought-provoking account of John Perkins' experiences as an economic hit man (EHM) in the 1970s and 1980s. The book tells the story of how Perkins and other EHMs worked to influence the economic and political policies of developing countries on behalf of the United States and international corporations.
According to Perkins, an EHM is a person who uses financial incentives, such as large loans and infrastructure projects, to persuade developing countries to adopt policies that are favorable to the interests of the United States and international corporations. These policies may include opening up the country's markets to foreign investment, relaxing environmental regulations, and privatizing state-owned enterprises. In exchange for these favors, the EHMs often receive kickbacks and other financial benefits.
One of the main arguments of the book is that the United States and other developed countries have used their economic and political power to exploit developing countries for their own benefit. Perkins argues that the EHMs and other members of the "corporatocracy" use their influence to shape the global economy in ways that benefit their own interests, rather than the interests of the people living in the developing countries.
Overall, "Confessions of an Economic Hit Man" is a thought-provoking and well-written book that offers a unique perspective on the role of the United States and international corporations in the global economy. It is sure to appeal to readers who are interested in international relations, politics, and economics, and who want to learn more about the inner workings of the global financial system.
If you can even build a very small sports field with some seats 8 seats high ...how are you going to drill for oil and know whats going on?
They have no clue what they are doing, dont know what they are doing
AND
refuse to hire professions with oil background to manage the oil industry.
Politicians that have no clue about oil is running the oil industry.
How much chance are you going to give them when they are already pumping oil for 3 years, while giving away most of the revenues to Exxon?
Some of these measures may not be sustainable in the long term. For example, the initiative to provide 50,000 jobs over a five-year period and the part-time jobs program, while certainly beneficial in the short term, may not be a long-term solution to addressing poverty in the country. Additionally, relying on the country's oil resources to diversify the economy and bring benefits to all citizens carries its own risks and may not be a reliable source of income over the long term. It may be more effective to focus on implementing structural and systemic changes, such as investing in education and infrastructure, that can improve economic opportunity and reduce poverty in a more sustainable way.
Did you listen to this interview or have you read the country’s itinerary plans? The government is not relying on oil alone. Carbon credits alone has brought in 700 million usd into Guyana. How is the carbon credit system not long term? Using the oil to set foundations and structures down is common sense but it’s not how the future will be handled if you actually did some research
are you living in the donkey world, the Gov is doing all those things long time ago, or you dont want to see them, may be you have an evil agenda
"Confessions of an Economic Hit Man" is an eye-opening and thought-provoking account of John Perkins' experiences as an economic hit man (EHM) in the 1970s and 1980s. The book tells the story of how Perkins and other EHMs worked to influence the economic and political policies of developing countries on behalf of the United States and international corporations.
According to Perkins, an EHM is a person who uses financial incentives, such as large loans and infrastructure projects, to persuade developing countries to adopt policies that are favorable to the interests of the United States and international corporations. These policies may include opening up the country's markets to foreign investment, relaxing environmental regulations, and privatizing state-owned enterprises. In exchange for these favors, the EHMs often receive kickbacks and other financial benefits.
One of the main arguments of the book is that the United States and other developed countries have used their economic and political power to exploit developing countries for their own benefit. Perkins argues that the EHMs and other members of the "corporatocracy" use their influence to shape the global economy in ways that benefit their own interests, rather than the interests of the people living in the developing countries.
Overall, "Confessions of an Economic Hit Man" is a thought-provoking and well-written book that offers a unique perspective on the role of the United States and international corporations in the global economy. It is sure to appeal to readers who are interested in international relations, politics, and economics, and who want to learn more about the inner workings of the global financial system.
But that's what the Government has started to do. They have foresighted the problems already there and future and they are working robustly and fiscally to improve the country and to enrich the lives of the people. They are not depending on oil resources alone .The Government of Guyana is working on spending the money for the peoples. They are only 2 +years and they are doing their best. I think people should have more money in their wages.
@@ameeliaramotar8450 I commend you on this that the gov people should have a higher wages,and they have already done it for the public,service, police army,doctors,
pensioners,and some others.
President Ali your thought and speech was great. It goes with your vision which the Country and people needs. I love
how you explain and define the making of developing our poor Country. Put us on the Map as nobody wants to do that.
Only full their pockets. The oil is the best thing that happened to boost the economy of little Guyana. Look at the pace
of Development in the Country. You are heading in the right direction and do what you must. A day will come once more
when we will be named something more than the bread basket of the Caribbean.
That was a lovely conversation with our beloved president ❤️
No it wasn't.
He's lying and all the politicians in the country are very corrupt
Its a curse when its not managed properly its also Double curse when the citizens of that country dont benefit from wealth the oil brings in
"Confessions of an Economic Hit Man" is an eye-opening and thought-provoking account of John Perkins' experiences as an economic hit man (EHM) in the 1970s and 1980s. The book tells the story of how Perkins and other EHMs worked to influence the economic and political policies of developing countries on behalf of the United States and international corporations.
According to Perkins, an EHM is a person who uses financial incentives, such as large loans and infrastructure projects, to persuade developing countries to adopt policies that are favorable to the interests of the United States and international corporations. These policies may include opening up the country's markets to foreign investment, relaxing environmental regulations, and privatizing state-owned enterprises. In exchange for these favors, the EHMs often receive kickbacks and other financial benefits.
One of the main arguments of the book is that the United States and other developed countries have used their economic and political power to exploit developing countries for their own benefit. Perkins argues that the EHMs and other members of the "corporatocracy" use their influence to shape the global economy in ways that benefit their own interests, rather than the interests of the people living in the developing countries.
Overall, "Confessions of an Economic Hit Man" is a thought-provoking and well-written book that offers a unique perspective on the role of the United States and international corporations in the global economy. It is sure to appeal to readers who are interested in international relations, politics, and economics, and who want to learn more about the inner workings of the global financial system.
It is for Guyana
Mr President,
The most important aspect is Laws and order. I visited Guyana and was surprised police are taking bribe. I scared to travel late at night.
Infrastructure and Education , I hope these are the top priority for my home nation.
God bless the president Ali and team, the people of guyana on the way forward towards prosperity for all
"Confessions of an Economic Hit Man" is an eye-opening and thought-provoking account of John Perkins' experiences as an economic hit man (EHM) in the 1970s and 1980s. The book tells the story of how Perkins and other EHMs worked to influence the economic and political policies of developing countries on behalf of the United States and international corporations.
According to Perkins, an EHM is a person who uses financial incentives, such as large loans and infrastructure projects, to persuade developing countries to adopt policies that are favorable to the interests of the United States and international corporations. These policies may include opening up the country's markets to foreign investment, relaxing environmental regulations, and privatizing state-owned enterprises. In exchange for these favors, the EHMs often receive kickbacks and other financial benefits.
One of the main arguments of the book is that the United States and other developed countries have used their economic and political power to exploit developing countries for their own benefit. Perkins argues that the EHMs and other members of the "corporatocracy" use their influence to shape the global economy in ways that benefit their own interests, rather than the interests of the people living in the developing countries.
Overall, "Confessions of an Economic Hit Man" is a thought-provoking and well-written book that offers a unique perspective on the role of the United States and international corporations in the global economy. It is sure to appeal to readers who are interested in international relations, politics, and economics, and who want to learn more about the inner workings of the global financial system.
Very good interview. I believe the president has right plans to move Guyana to prosperity
U mention all these so called committees to safeguard the oil money. Must tell him who controls them and who they are run by
dont care who controls the oil money you would never be satified, I know you are hoping the opposition can control the oil money and they can stop the development of Guyana,or you prefer Murudo of Venezuela to control the oil money
One thing is certain. The interviewer is fully aware of the mismanagement and corruption already flourishing in the oil and gas sector of Guyana.
it is obvious that 3rd world countries are never in control of their natural resources, Africa, South America, even china is an example of that..... capitalism is ruthless and does not care for those at the bottom who are usually the ordinary citizens of these countries
Hmm, corruption runs the world.
i mean yea , guyana is only going to see like 40-50% of the oil wealth if that . Govt of guyana oversold the expectations to come from all of this
@@LIME-- Really? Awe
kevin since you know,would you mind showing me the evidence, or is it a secret?
Guyana is Bless. GUYANA CAN NEVER BE A CURSE. GOD HAS BLESS GUYANA WITH HIS OIL & GAS.
Facts i am stoked
Great interview. The president was clear and precise on his position and what he stands for. I can’t wait for my people to prosper from this. While following the right path to a 0 or negative carbon in the future
Amazing interview, I really hope Mr President you and the parliament of Guyana will keep your word according to this interview. 🙏🙏🙏🙏
Our President is doing an Amazing job in transforming Guyana. 🥇🇬🇾👍
No he is not.
They are all corrupt, and giving away the oil to Exxon for pennies.
The country doesnt have any proper plans if there is an oil spill.
If there is an oil spill guyana will have to pay for it, and not exxon as the government of Guyana is corrupt
I'm looking closely into Guyana now. I was recommended another video from the Department for Public Information about cultivating black sheep to reduce dependency on sheep imports.
I'm looking forward to seeing Guyana grow. I understand that there are still much work to do, this is clear, but like how mobile commerce became a mainstay for East African economy, I look forward to seeing a reining in of corruption and mismanagement of resource, and a holistic development of the nation.
Brilliant interview by a President with vision, commitment and integrity. Engaging and involving all. Full credit where’s it’s due
True
Amazing.. I believe we will all prosper as a population of this beautiful country
The well done interview by the president. On point on all the questions and defend the stereo typing of his country by western elites in the media. 🙏🙏🙏
It's the best I have heard from the President of a country. Well done, Mr. Irfraam Ali.
He only talks. We want action. The people are hungry.
Interesting but we needed to hear more about that Exxon contract. Also, what's the ICJ doing with the oil land dispute between Guyana and Venezuela?
Guyana oil discoveries is a blessing!
"Confessions of an Economic Hit Man" is an eye-opening and thought-provoking account of John Perkins' experiences as an economic hit man (EHM) in the 1970s and 1980s. The book tells the story of how Perkins and other EHMs worked to influence the economic and political policies of developing countries on behalf of the United States and international corporations.
According to Perkins, an EHM is a person who uses financial incentives, such as large loans and infrastructure projects, to persuade developing countries to adopt policies that are favorable to the interests of the United States and international corporations. These policies may include opening up the country's markets to foreign investment, relaxing environmental regulations, and privatizing state-owned enterprises. In exchange for these favors, the EHMs often receive kickbacks and other financial benefits.
One of the main arguments of the book is that the United States and other developed countries have used their economic and political power to exploit developing countries for their own benefit. Perkins argues that the EHMs and other members of the "corporatocracy" use their influence to shape the global economy in ways that benefit their own interests, rather than the interests of the people living in the developing countries.
Overall, "Confessions of an Economic Hit Man" is a thought-provoking and well-written book that offers a unique perspective on the role of the United States and international corporations in the global economy. It is sure to appeal to readers who are interested in international relations, politics, and economics, and who want to learn more about the inner workings of the global financial system.
Oh Wow!!!! Speak truth and speak it always
Love this for my country ❤
That's right! Love your country at any cost❤
"Confessions of an Economic Hit Man" is an eye-opening and thought-provoking account of John Perkins' experiences as an economic hit man (EHM) in the 1970s and 1980s. The book tells the story of how Perkins and other EHMs worked to influence the economic and political policies of developing countries on behalf of the United States and international corporations.
According to Perkins, an EHM is a person who uses financial incentives, such as large loans and infrastructure projects, to persuade developing countries to adopt policies that are favorable to the interests of the United States and international corporations. These policies may include opening up the country's markets to foreign investment, relaxing environmental regulations, and privatizing state-owned enterprises. In exchange for these favors, the EHMs often receive kickbacks and other financial benefits.
One of the main arguments of the book is that the United States and other developed countries have used their economic and political power to exploit developing countries for their own benefit. Perkins argues that the EHMs and other members of the "corporatocracy" use their influence to shape the global economy in ways that benefit their own interests, rather than the interests of the people living in the developing countries.
Overall, "Confessions of an Economic Hit Man" is a thought-provoking and well-written book that offers a unique perspective on the role of the United States and international corporations in the global economy. It is sure to appeal to readers who are interested in international relations, politics, and economics, and who want to learn more about the inner workings of the global financial system.
@@YoGeFresh FACTS! Every body should read this book. Eye opening and though provoking.
@@ACB2K Everything he exposed about enslaving other countries via the IMF, is being done to Guyana today, both parasitic political parties are fully complacent, these low iq imbeciles operating the government are being sold a pipe dream about becoming the next dubai, yet their only getting a %3 cut the math doesn't make sense, they enrich themselves and families while selling future generations a future of debt slavery.
@@YoGeFresh FACTS! I witnessed it happen to my country another country I lived in. After reading that book I trust none of the unnecessary structures I see going up in poor countries.
They ravaged south and central America.
Now China has taken over the scam. It's even worst.
I like what President Ali has said in interviews and believe him to be a patriot. I hope that those in the lower ranks execute on the vision in a way that promotes and uplifts all citizens of Guyana ❤
very impressive interview any way you look at it. You see, when you are sincere in your heart, the truth does not escape you. Mr Ali is definitely on the road to creating a firm legacy
Ali and the PPP are corrupt. This party was in power for 23yrs and accomplished nothing.
@@eliakimbenishchayil --- Ben...you kyant do anything if you dont have the money. Its a different ball game now.
The president sit there and lie his way through the entire interview about Guyana oil wealth these people have no integrity and blaming everyone else except themselves
this guy is 100% honest and i have seen any politician who speaks truth.
You dummy, how is he honest when exxonMobil own all de dame oil.
@Christopher Jacobs The previous administration were rookies when the signed that deal and exon took full advantage. Now in office he said his administration would honor the contract to show foreign investors that there is stability when there's a change in government but will demand much more favorable terms for Guyana in future deals. If it wasn't for exon none of this would be possible so its not that bad
@@ZybraSun thats my perception
No hes is corrupt like most politicians in Guyana.
they hide everything from the public including any type of development plans
Masha Allah, I respect N appreciate President Ali's government and how they are protecting their resources, And also want all of us to know that Britain never interval their resources.
Mr Ali, I am an Afro/Indian Guyanese. I am a US citizen over 36 years. I have never visited Guyana since I left. I would love to visit Guyana since I have very few aquiatances in Guyana. I love what you are doing for Guyana, and I have faith that you will focus on Guyanese first. I know you care for others, and you should. However, Guyanese should be the priority above racism. When other countries around you were reaping the benefits of their hydrocarbons, it was geared towards their peoples and not Guyanese. Please put out public reports of your achievements. Thank you.
Whoever controls the media, controls the mind
Jim Morrison
President how sure are you that every citizen of Guyana especially the poor would not experience a hard time receiving these benefits you mentioned in this interview? Please keep up all that you promised.
Not boast full but a humble president
He is now one of my favorite Presidents around, good for them and also the many Countries in Africa with good leaders standing on the truth against Colonialism!
Irfan ali is indian actually here in guyana close to 40 % of population is indian
@@Realitybitesgamesin I know 👍🏾
Well-articulated by Mr. Ali! I'm sure his words brought light to doubters locally and in international community. Guyana is headed in the right direction.
"Confessions of an Economic Hit Man" is an eye-opening and thought-provoking account of John Perkins' experiences as an economic hit man (EHM) in the 1970s and 1980s. The book tells the story of how Perkins and other EHMs worked to influence the economic and political policies of developing countries on behalf of the United States and international corporations.
According to Perkins, an EHM is a person who uses financial incentives, such as large loans and infrastructure projects, to persuade developing countries to adopt policies that are favorable to the interests of the United States and international corporations. These policies may include opening up the country's markets to foreign investment, relaxing environmental regulations, and privatizing state-owned enterprises. In exchange for these favors, the EHMs often receive kickbacks and other financial benefits.
One of the main arguments of the book is that the United States and other developed countries have used their economic and political power to exploit developing countries for their own benefit. Perkins argues that the EHMs and other members of the "corporatocracy" use their influence to shape the global economy in ways that benefit their own interests, rather than the interests of the people living in the developing countries.
Overall, "Confessions of an Economic Hit Man" is a thought-provoking and well-written book that offers a unique perspective on the role of the United States and international corporations in the global economy. It is sure to appeal to readers who are interested in international relations, politics, and economics, and who want to learn more about the inner workings of the global financial system.
I am quite impressed with the President's articulation. He made his points well though I wished he had touched on the oil spill issue. He should have also spend a bit more time stating why he thinks investment in fossil fuel is a good idea when the rest of the world seems to focus on renewable resources.
President Ifran Ali .keep up ur articulate point
It's so dangerous fossil fuel collapse he should ask people same way
dave Bhoy not the rest of the world only EUROPE
"Confessions of an Economic Hit Man" is an eye-opening and thought-provoking account of John Perkins' experiences as an economic hit man (EHM) in the 1970s and 1980s. The book tells the story of how Perkins and other EHMs worked to influence the economic and political policies of developing countries on behalf of the United States and international corporations.
According to Perkins, an EHM is a person who uses financial incentives, such as large loans and infrastructure projects, to persuade developing countries to adopt policies that are favorable to the interests of the United States and international corporations. These policies may include opening up the country's markets to foreign investment, relaxing environmental regulations, and privatizing state-owned enterprises. In exchange for these favors, the EHMs often receive kickbacks and other financial benefits.
One of the main arguments of the book is that the United States and other developed countries have used their economic and political power to exploit developing countries for their own benefit. Perkins argues that the EHMs and other members of the "corporatocracy" use their influence to shape the global economy in ways that benefit their own interests, rather than the interests of the people living in the developing countries.
Overall, "Confessions of an Economic Hit Man" is a thought-provoking and well-written book that offers a unique perspective on the role of the United States and international corporations in the global economy. It is sure to appeal to readers who are interested in international relations, politics, and economics, and who want to learn more about the inner workings of the global financial system.
Because he is making the foreign company do all the investment, Guyana just wins no matter what.
Did Saudi Arabia, Kuwait, UAE, and so on become rich overnight after discovering oil? No many of their people continued to suffer economically and did not reap the benefits until years down the road. Growth and development takes time. No political party in Guyana would be able to wave a wand overnight and reverse the poverty that many people are facing. Give Irfaan Ali time and allow the country to develop at a natural pace. I swear Oil only just started coming out of the ground fully a year or two ago. Give it time and patience and many peoples suffering and hard fortunes will turn around.
Wealth could be a blessing for us or a curse for us depending on how we utilize it. If we use it to help the poor and less fortunate (as God told us) then it will be a blessing. If we use it to deviate from God commandments, commit tyranny and injustice, and to do evil then it will become a curse.
If used wisely, it is a blessing. However, it becomes a curse when greed and unfettered ambition comes to the forefront. The president seems like a good man, only time will tell. I wish the best for the people of Guyana they certainly have the right to be prosperous.
Speak
Giving all the money to poor and unfortunate is not only directly against Jesus’ teachings, it would hinder any ability for Guyana to improve its economy. They need to reinvest the money into the country’s economy, infrastructure and education. THAT will help everyone, not giving away all the profits to poor people
"Confessions of an Economic Hit Man" is an eye-opening and thought-provoking account of John Perkins' experiences as an economic hit man (EHM) in the 1970s and 1980s. The book tells the story of how Perkins and other EHMs worked to influence the economic and political policies of developing countries on behalf of the United States and international corporations.
According to Perkins, an EHM is a person who uses financial incentives, such as large loans and infrastructure projects, to persuade developing countries to adopt policies that are favorable to the interests of the United States and international corporations. These policies may include opening up the country's markets to foreign investment, relaxing environmental regulations, and privatizing state-owned enterprises. In exchange for these favors, the EHMs often receive kickbacks and other financial benefits.
One of the main arguments of the book is that the United States and other developed countries have used their economic and political power to exploit developing countries for their own benefit. Perkins argues that the EHMs and other members of the "corporatocracy" use their influence to shape the global economy in ways that benefit their own interests, rather than the interests of the people living in the developing countries.
Overall, "Confessions of an Economic Hit Man" is a thought-provoking and well-written book that offers a unique perspective on the role of the United States and international corporations in the global economy. It is sure to appeal to readers who are interested in international relations, politics, and economics, and who want to learn more about the inner workings of the global financial system.
They don't have your belief! People had God and belief, before these young religions! Find out when these religions got started and their copied principles of Maat that original people knew and practiced.
7:30 This guy came prepared.
He might be one of the best presidents Guyana had since Cheddi Jagan.
No Hes corrupt like most politicians in Guyana
I think Guyana just needs to pick an overarching niche. Since this might be temporary wealth then they should decide on key infrastructure they can use as a baseboard to build on later.
It looks like Guyana needs roads and bridges to really connect their nation. Perhaps an underground metro. An international airport that is used for connected flights both commercial and passenger.
Just needs one solid niche that will keep foreign dollars flowing.
All the best though. Full time a Caribbean country gets a big fat win
Salute fam,caricom can do mentality 👏 💯 🙌
Completely agree, visited recently, Guyana is definitely in need of essential infrastructure to connect itself. Hoping all the best.
did you realize tat Guyana is below sea level
@@colvinjonas1486 Had that in mind too. Not sure how an underground network would function but a surfaced metro would do good
I’m respectfully advising Mr Ali, to have some advise from professionals, before going live with an international media representative to be interviewed, looking at that Reporter he was uncomfortable, to be interviewing the president of the nation, and he the president seems so upset. pointing his fingers and raising his voice, was not even responding to push pacific questions which is being asked.
OMG.
My mother in law didn't receive any covid grant and no Christmas raise for pension
All talks SMH
I work in PR and I wish I could’ve been there to give him some tips
@@allicia7696 You mean to tell me she is the only pensioner in Guyana never that never received it ? is she haitian or Jamacian national?
If you wanna know go do your own investigation. I'm sure you would receive your answer!!
The ice cream truck at 16:45 got me cracking up 🤣🤣
You can’t tell a man that says they’re not feeling the benefits when he still lives in a horrible house and have no money to buy food and what ever housing solution that being built only the upper class people and some working class people can afford… so I don’t agree with his point right there.
stop your lies , no Guyanese is starving,and you have a computer to write lies,if you starving how come you buy computer? or you stole it? you are a crapo and and a AH
Well said Mr. President Irfaan Ali... brilliant 👏 ...
I have been waiting for a President like you Mr Ali to be a part of Guyana ruling party.
Good luck to Guyana on its newfound riches.
Guyana needs to follow Norway's example; create a strong, transparent sovereign wealth fund to benefit every Guyanese.
I love the rebuttal by the Guyanese President 7:25 to 10:00
"Confessions of an Economic Hit Man" is an eye-opening and thought-provoking account of John Perkins' experiences as an economic hit man (EHM) in the 1970s and 1980s. The book tells the story of how Perkins and other EHMs worked to influence the economic and political policies of developing countries on behalf of the United States and international corporations.
According to Perkins, an EHM is a person who uses financial incentives, such as large loans and infrastructure projects, to persuade developing countries to adopt policies that are favorable to the interests of the United States and international corporations. These policies may include opening up the country's markets to foreign investment, relaxing environmental regulations, and privatizing state-owned enterprises. In exchange for these favors, the EHMs often receive kickbacks and other financial benefits.
One of the main arguments of the book is that the United States and other developed countries have used their economic and political power to exploit developing countries for their own benefit. Perkins argues that the EHMs and other members of the "corporatocracy" use their influence to shape the global economy in ways that benefit their own interests, rather than the interests of the people living in the developing countries.
Overall, "Confessions of an Economic Hit Man" is a thought-provoking and well-written book that offers a unique perspective on the role of the United States and international corporations in the global economy. It is sure to appeal to readers who are interested in international relations, politics, and economics, and who want to learn more about the inner workings of the global financial system.
Great interview !! Let’s hope and pray it will indeed transform the economy and standard of living.
well what more you want our GDP is now 50% and only jackasses will expect a very good standard of living overnight,from the first oil money withdrawl in jan 2022
"Confessions of an Economic Hit Man" is an eye-opening and thought-provoking account of John Perkins' experiences as an economic hit man (EHM) in the 1970s and 1980s. The book tells the story of how Perkins and other EHMs worked to influence the economic and political policies of developing countries on behalf of the United States and international corporations.
According to Perkins, an EHM is a person who uses financial incentives, such as large loans and infrastructure projects, to persuade developing countries to adopt policies that are favorable to the interests of the United States and international corporations. These policies may include opening up the country's markets to foreign investment, relaxing environmental regulations, and privatizing state-owned enterprises. In exchange for these favors, the EHMs often receive kickbacks and other financial benefits.
One of the main arguments of the book is that the United States and other developed countries have used their economic and political power to exploit developing countries for their own benefit. Perkins argues that the EHMs and other members of the "corporatocracy" use their influence to shape the global economy in ways that benefit their own interests, rather than the interests of the people living in the developing countries.
Overall, "Confessions of an Economic Hit Man" is a thought-provoking and well-written book that offers a unique perspective on the role of the United States and international corporations in the global economy. It is sure to appeal to readers who are interested in international relations, politics, and economics, and who want to learn more about the inner workings of the global financial system.
Proper watch. But the president should have said that immediate benefits for all citizens is not gonna happen overnight. With the infrastructure and other projects all Guyanese will see a better life.
It's a mess to clean up from years and years, clean up racism, crime help the people who needs it RESPECT and have law and order
Dr Eric Williams always understood the economic possibilities of Guyana to Caribbean and international development. With proper investments of its revenues from carbon fossils in agriculture, animal husbandry, education, health, hydro electric power and maintaining proper logging and reafforestration. Guyana is going to be the economic hub of the Caribbean region.
As the president said...he has learned well from Trinidad and Tobago. 😂😂 The prefect example want not to do with oil money..😂😂.
@@pirmalharrisaran5611 what free education and healthcare
@@caribbeanradiology7004 ..when did free education and health care came about...you ever use the health care services....try to get a bed in Trinidad... education is free for some areas of study...not all...
Great interview. I hope that his vision becomes a reality and that all of CARICOM will be able to benefit.
A win for Guyana is a win for Caricom! Respect from Jamaica 🇯🇲!
Guyana first anything after
Great educated thinking for people and country, cheers 👍
Mr president I listen to you when you mentioned all Guyanese to benefit and to safely guard our country resources so that future generations could benefit
Did they ask him if they found Mr. Su?
That’ll be on vice news in the next episode 😅😅
@@thuggathug4507 is there a new episode?
You got the wrong man
@@sickkick8268 nope
SMH! Relevance?
Very wise answers. Govt is supposed to support the economy. Mixture of government and private sector. Accountability to Parliament. Ammendments to signed contracts.
When I see what the families are at the dinner table together, eating and praying, looking after their health, planning their future, solve conflicts, feel safe, then we will win
Yes yes. Yes. So well put. The BBC arrogance shot down big time. About time someone tells the truth to these arrogant reporters attitudes I'm better than thou lecturing on other leaders. I love these clips. They inspire me .
Thank you Mr President. This is EPIC. Brilliant, articulate, analytical And Handsome too.🇿🇦🇿🇦🇱🇸🇱🇸🇬🇾🙌
Just take one look at Trinidad’s history with oil and politics and do the opposite
So true friend!
So don't build Point Lisas industrial estate that create down stream industry? Don't establish National Gas agency like NGC. Don't establish LNG plant? You dumb yes. Next time to type.
Talk is cheap, I can tell you this from being around these politicians and hearing their mind on a friendly free mind. Our long term development in this country is not in vision as yet , I do think they are not capable of vision this as yet. They have a tight circle and this limit them from open thinking. It’s very different to bring new ideas to these guys . But overall they are currently doing a good job to the eyes .
President has all the answers!
You better make the right decision for black and Indian people
I like the way this prime minister speak hope he is serious about is vision
President
STFU. MOST OF US IN THE AMERICAS ARE PRO USA.
He’s right, prime minister…atleast he sounds serious.HE Barrat Jagdeo is the president that’s pulling the strings
@@thuggathug4507 You sound like savage primitive...get out from under the rock mangasutu buthalazi..🤣🤣
@@daggerin4life726 come on let’s be realistic here, every 3rd world country is being controlled by a developed nation. And you won’t be placed into position if you can’t be controlled easily…now think about that for a moment…
Just get Exxon to give Guyana the full insurance coverage for oil disasters. Start there, in your acceleration of oil exploration or Guyana will implode. Exxon is making enough upfront revenue to get out in a snap.
Well Spoken Mr President
This oil and gas are here at a time when the world needs to reduce carbon emissions. Guyana must benefit from this revenue to develop the country overnight and make sure the money raises the income of the people. Develop a strong military with the US and UK's help, to enable Guyan to confront Venezuela, it is coming.
We will always need oil. Oil is used in and to make millions of different products other than vehicle fuels. The shift will be pausing extraction from oil sands and fracking (provided we continue to supply the growing insatiable natural gas and propane needs). The industry will cut output by as much as 90%, again provided we can supply enough natural gas and propane. When this happens the easiest to extract, most profitable oil will be pumped dry first. In a century, give or take a few decades, oil sands and possibly fracking will see a resurgence.
Corruption is more widespread than we care to admit in every government. Money, power, and/or blackmail corrupts to most honest individuals and groups. This is why we have international watchdogs working to protect the public of these new economies. Once funds leave the country, it's gone forever. Those rejecting international watchdogs are ignorant to the corruption knocking on their door or have already been corrupted.....Mr. president included. A civil war will soon be upon this beautiful nation thanks to this vast new wealth.
Energy and oil drive living standards; it’s a fact!
"Confessions of an Economic Hit Man" is an eye-opening and thought-provoking account of John Perkins' experiences as an economic hit man (EHM) in the 1970s and 1980s. The book tells the story of how Perkins and other EHMs worked to influence the economic and political policies of developing countries on behalf of the United States and international corporations.
According to Perkins, an EHM is a person who uses financial incentives, such as large loans and infrastructure projects, to persuade developing countries to adopt policies that are favorable to the interests of the United States and international corporations. These policies may include opening up the country's markets to foreign investment, relaxing environmental regulations, and privatizing state-owned enterprises. In exchange for these favors, the EHMs often receive kickbacks and other financial benefits.
One of the main arguments of the book is that the United States and other developed countries have used their economic and political power to exploit developing countries for their own benefit. Perkins argues that the EHMs and other members of the "corporatocracy" use their influence to shape the global economy in ways that benefit their own interests, rather than the interests of the people living in the developing countries.
Overall, "Confessions of an Economic Hit Man" is a thought-provoking and well-written book that offers a unique perspective on the role of the United States and international corporations in the global economy. It is sure to appeal to readers who are interested in international relations, politics, and economics, and who want to learn more about the inner workings of the global financial system.
Share the profit with the people. See the amount of profit Exxon made in 2022. So all he is saying why is Guyana flooding? under water every month and don't let me tell you about the roads. As for the seashore it's dirty. Stop blaming someone else
They are garbage bins located in the city , why not use them. Why as individuals we learn to use garbage bins , instead of throwing the garbage in the canals and them. Talking mostly about Georgetown. Because that's where floods as soon as the rain falls.
A great President for the people give him a chance to do his work
The Puppet forgot to mention that over 40% of the population still lives at or below the poverty line. Despite having all the natural resources this Country has in addition to this new found oil. This Country is supposed to be the most developed Country in South America and the Caribbean although having a small population. I guess that's why Thousands of Guyanese are migrating because this Country is 'so great'.
When he is ask the questions of the man in the streets he get very defensive and vex
Guyana is so fortunate to have such a wise and educated leader. Listening to this interview was so refreshing.
And with a corrupt party leader running the show
what exactly was refreshing about this interview? the President did not answer most of the questions directly. its just a shame!!
It seems to me that the explanation sounds very good
And I'm glad that guyana is doing wonderfully thanks to the president in place
Gifts of this kind can not be considered a curse .The creator intended that it should be managed well for everyone's benefit. Venezuela is an example of how not to misuse your nation's gifts.
Meanwhile the US:
Looks like Guyana might need some freedom *wink*
This is not funny…..frightening what has happened to so many oil rich nations.
That already happened in 2020...his racist PPP government was installed in Guyana
@@juanlion1104 Lol, thanks for the info. I need to address my ignorance on politics in Guyana.
@@makkialqaosain8872 no problem bro, economic hitmen are currently raping the resources of Guyana due to the criminal cabal that calls itself a "government"
It's bounty if use it to improve your nation.
This président is a dreamer.
Oil discoveries in Guyana is a blessing! The only people who are envious of us are the old colonial powers. It was evident from BBC plantation owner disguise as a "Journalist," Stephen Sacker. What Stephen was actually saying was, "don't you know your role boy? You've an obligation to live in poverty so we can offload our pollution to the third world. " President Dr. Infraan Ali - is very well spoken and knows his facts and figures. He did a grate job exposing the stupidity of Stephen Sacker!!