How Guyana Plans to get Rich in just 5 years

Skip the waitlist and invest in blue-chip art for the very first time by signing up for Masterworks: masterworks.art/casualscholar
Purchase shares in great masterpieces from artists like Pablo Picasso, Banksy, Andy Warhol, and more.
See important Masterworks disclosures: masterworks.io/cd
Uncover the surprising story of Guyana's incredible economic transformation. Once considered one of South America's poorest countries, Guyana is now on track to become its richest. But how is this possible? Despite a history of socialism, colonial exploitation, and a harsh climate and geography, Guyana has become the fastest growing economy in the world. The answer is not straightforward and raises questions about the country's long-term sustainability. Join us as we delve into the complex factors driving Guyana's economic success and explore whether the country and its leaders can beat the odds and become a rare example of a thriving economy in South America.
Why Venezuela's Economy is so Terrible: • Why Venezuela's Econom...
How Norway Got So Insanely Rich: • How Norway Got So Insa...
- Contents of this video --------------------------------
00:00 - Guyana’s Economy
00:56 - The Fastest Growing Economy in the World
03:22 - The Sugar Economy
05:42 - Flawed Independence
07:31 - Socialist Cooperative Republic
11:44 - Let there be Oil
13:44 - The Oil Curse
15:33 - How Guyana Plans to Get Insanely Rich in Just 5 years
18:21 - Will Guyana Succeed?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
CASUAL SCHOLAR IS MADE POSSIBLE BY OUR PATREON COMMUNITY!
Support the channel by becoming a Patron today! 👉 / casualscholar
The video you’re watching right now would not exist without the monthly support provided by our generous Patrons:
Talon Hickey, Hayden Haun, Emmanuel Fredenrich, Pulaski, Adrian Willenbücher
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
- Sources used ---------------------------------------------
-oilnow.gy/featured/guyana-to-...
-www.offshore-energy.biz/guyan...
-guyanachronicle.com/2022/02/0...
-tradingeconomics.com/guyana/g...
-www.ft.com/content/cc2642c5-7...
-www.britannica.com/place/Guya...
-www.heritage.org/index/countr...
-www.reuters.com/world/america...
-www.economist.com/the-america...
-countrystudies.us/guyana/54.htm
-worldfacts.us/Guyana.htm
-newsroom.gy/2022/12/31/remark...
-foreignpolicy.com/2022/12/16/...
-www.reuters.com/article/guyan...
-apnews.com/article/caribbean-...
-www.economist.com/the-america...
-www.economist.com/the-america...
-www.economist.com/the-america...
-www.economist.com/the-america...
-www.economist.com/the-america...
#Guyana #GuyanaEconomy #GuyanaHistory #Economics #CasualScholar #History

Пікірлер: 2 500

  • @rajramma8325
    @rajramma8325 Жыл бұрын

    As a Guyanese, Guyana needs to reduce corruption and strengthen it's institutions in order for us to prosper. Corruption needs to be eliminated, our police force, army, public services etc. are all weak and recieve extremely low salaries although we have been pumping oil for years. Imagine a police or teacher earning less than $500usd per month with rising prices..

  • @MsAmakura

    @MsAmakura

    Жыл бұрын

    Well said!

  • @anthonylowe9938

    @anthonylowe9938

    Жыл бұрын

    P

  • @dutchman7623

    @dutchman7623

    Жыл бұрын

    Sadly... Look at your eastern neighbor. Bad government can bring every wealthy country down.

  • @tauceti8060

    @tauceti8060

    Жыл бұрын

    It depends,500 US can buy more in some countr8es than in the US itself

  • @amazonwarrior7126

    @amazonwarrior7126

    Жыл бұрын

    started receive oil money in jan 2022, so your analysis is totally wrong, so do you expect every gov worker to instantly to have a big salary?

  • @Omer1996E.C
    @Omer1996E.C Жыл бұрын

    I hope they become like Norway, emirates or Qatar, rather than Angola or Nigeria. All are oil rich countries, with different resources managements strategies

  • @Justicewarrior795

    @Justicewarrior795

    Жыл бұрын

    Qatar lol he said)

  • @Justicewarrior795

    @Justicewarrior795

    Жыл бұрын

    You gonna compare qatar and Norway?

  • @mistermood4164

    @mistermood4164

    Жыл бұрын

    @@Justicewarrior795 why not? both nations invest and used their oil in similar ways

  • @Omer1996E.C

    @Omer1996E.C

    Жыл бұрын

    @@Justicewarrior795 yes, I like the country alot, and have you seen their sovereign wealth fund? Even if you don't like the country, you have to appreciate their investments in a SWF, rather than wasting it on welfare or leaders personal wealths

  • @Omer1996E.C

    @Omer1996E.C

    Жыл бұрын

    @@Justicewarrior795 why are being so pathetic?

  • @gregjackson4117
    @gregjackson4117 Жыл бұрын

    I lived in Guyana for a year when I was 10 years old in 1995. Guyana was so poor when I lived there and it was a perfect example of what happens when your infrastructure collapses and corruption takes over. I would love to see the region at least catch up with it’s neighbors. I really hope this works out, but with the levels of corruption in the government who knows what will happen.

  • @anthonyshatta57

    @anthonyshatta57

    Жыл бұрын

    You know something I am tired of people saying that Guyana was so poor so poor. Well let me tell you something I could remember 1995 I was in primary school around that time. And I remember $ I remember playing $1 for a plate of food at my school canteen when I used to live on the Linden Highway kurukuru. Today a dollar we don't even spend that since you break a 5,000 dollar bill it's finish and you don't even see what you buy with it. Right now prices are escalating for everything especially fresh food like greens right now I live like a true Americana I eat everything out of a can it's cheaper for me.

  • @Sthmohtwenty

    @Sthmohtwenty

    11 ай бұрын

    @@anthonyshatta57 becareful wid dem cannon thing ...

  • @madant22

    @madant22

    5 ай бұрын

    Guyana roads are another reason why the Country can’t flourish. No side walks and

  • @ArchieDawkins

    @ArchieDawkins

    4 ай бұрын

    😊

  • @dutchman7623
    @dutchman7623 Жыл бұрын

    When its neighbor, Suriname, got independent in 1975, it was the richest country in South America. Hydro power for the aluminium industry, good roads, education and health care. Mismanagement and greed from corrupt government and military has brought the country down. Half its population now lives in the Netherlands and the country is poor. People from Guyana used to work in Suriname, that's going to change the other way around. As long as it lasts.

  • @SueLall1008

    @SueLall1008

    9 ай бұрын

    Guyanese owe a debt of gratitude to your people! 🙏🏽

  • @t.williams4468
    @t.williams4468 Жыл бұрын

    Guyanese here🖐. It's good to see a channel portraying Guyana in a positive light but In the end it all comes down to good management of resources. I've seen the rise and fall of great nations due to mismanagement of resourses. So It will take a collective effort by both the government and people to steer Guyana in the right direction.

  • @zackgravity7284

    @zackgravity7284

    Жыл бұрын

    As well as avoiding western exploitation

  • @sincitytitan7118

    @sincitytitan7118

    Жыл бұрын

    When is the last time you've seen the rise and fall of a nation?

  • @billwilson3609

    @billwilson3609

    Жыл бұрын

    Guyana used to be prosperous until gaining independence then went downhill after nationalizing foreign assets. The country may consider using some of their new financial windfall on developing an ecotourism industry to show off their natural wonders in the rain forests and mountainous regions. Those are far away from the farming and mining operations.

  • @tedcity5861

    @tedcity5861

    Жыл бұрын

    @@zackgravity7284 as well as chinese exploitation. Eg Venezuela and its oil resource.

  • @yonettejames3979

    @yonettejames3979

    Жыл бұрын

    No where in guyana kids were eating on the garbage

  • @Dark6997
    @Dark6997 Жыл бұрын

    As someone born in Guyana and who's visited a few times since leaving. I will say it does look busier and I even know some people aiming to be entrepreneurs there, still I'll believe it when I see it. I don't doubt it can happen I just don't have high hopes that it will

  • @winstonmaraj8029

    @winstonmaraj8029

    Жыл бұрын

    If you were European or of Mongolian stock you would not be sayo g that at all. Its the deeeeeep pessimistic, negative, self destructiveness of the dark peoples of the world that ensure we will NEVER TILL THE WORLD END, achieve the status of the White it Mongolian nations.

  • @Dark6997

    @Dark6997

    Жыл бұрын

    @@winstonmaraj8029 first of all is Mongolian stock how you refer to east asians? Secondly there are countries that I do have hopes for example I have hope that Rwanda can continue its success and become a very successful country, Paraguay I believe may be able to better themselves, I think even India has a better hope of leveraging its large population and resources to turn itself into a succes. My doubts of Guyana come down primarily to the leadership, the culture rampant in the political class and the tribalism among the electorate giving me low hopes to a change in the political climate. Even then I don't doubt Guyana can become a wealthy country I just am not sure it won't fall into the traps that many countries that fall into sudden wealth do where either the wealth is squandered or it only benefits the politically connected. If becoming rich in 5 years is truly the idea of those in charge and not just a catchy title for this video that makes me worried about how much they'll be spending. Still there moves with the sovereign wealth fund and plans to invest in health and education give me hope that it will actually turn out well but until I see more I'm not holding my breath.

  • @winstonmaraj8029

    @winstonmaraj8029

    Жыл бұрын

    @@Dark6997 So Rwanda is a dictatorship-just todae their last independent journalist was killed. Paraguay, as most other Latin countries has the ingrained Hidalgo Syndrome and most likely not make it. I wasn't being derogatory to East Asians-my great gran mum was actually if that ilk. But my greater point still stands-the almost genetic pessimism of the dark folks. A good friend of mine from the same stock like me bet that Fusion would take another 30 years for a breakthrough the week before there was that long hoped for ignition. Do a little research by ethnic groupings and see for yourself. The songs speak for themselves-a longing for heaven and leaving vs actions to better the world we live in. Another bet-none of the breakthroughs that matter will ever happen in LAC, Africa, South or South East Asia.

  • @Dark6997

    @Dark6997

    Жыл бұрын

    @@winstonmaraj8029 you claim I have pessimism for dark folks when I literally pointed to some that I think have good chances. Also I never said anything about Rwanda's political freedoms or free speech but the government has made impressive moves economically. As for the rest of this there's too much to go over so I won't bother addressing it all. I don't know what fusion has to do with any of this that seems like the most irrelevant topic here. The only thing I can see based off your next comment is that you're trying to say most nuclear physicists are dark? Correct me if I'm wrong about what you're saying because that's not true and irrelevant to anything I'm talking about. Although to add to that you seem to think I don't have hope for Guyana because the people are dark. First I have hope they're just not high. Second that's not at all why it's from the political, social and developmental problems of the country and from the fact that often times when countries get rapidly wealthy due to natural resources it's often squandered. Even if the government ends up using the wealth for good they often initially squander it before the right people come along and changes the operations of things. When I say squander I don't even just mean stealing money or giving it to their friends but we've seen examples of well intentioned projects that lack the proper foundation that just end up wasting the money. Just look at Venezuela's previous infrastructure projects the right people understood how to improve the country weren't in charge and while there were some benefits to the infrastructure projects it over all was a waist of money.

  • @jayyy3456

    @jayyy3456

    Жыл бұрын

    With the current govt I have hope. It won't happen overnight. And corruption, nepotism and political tribalism are big issues. But the overall direction is right.

  • @finalcut302
    @finalcut302 Жыл бұрын

    I hope they do man. Being Brazilian i will always support other South American countries...

  • @anthonyshatta57

    @anthonyshatta57

    Жыл бұрын

    It's always good to know that your big brother watch over you👍🏾 ❤ 🇧🇷

  • @stormoscar2628

    @stormoscar2628

    3 ай бұрын

    @@anthonyshatta57Didn't Brazil just recently intervene when Venezuela wanted to invade Guyana?

  • @Labyrinth6000
    @Labyrinth6000 Жыл бұрын

    The most UNDERATED English speaking country in the world that no one ever talks about!

  • @luciano671
    @luciano671 Жыл бұрын

    As a Venezuelan I truly hope Guyana will improve and develop in the future, I really wish they will learn from us that things will not get better for the average person unless they secure an efficient and honest government that works for the nation’s best interests, without any corruption to harm the progress. Sending my best wishes to the Guyanese people👍

  • @geografisica

    @geografisica

    Жыл бұрын

    O c’mon they are our Enemies!!! They stole our territory and now they are stealing our natural resources. As a Venezuelan I don’t have any sympathy for them 🤬

  • @marlene97280

    @marlene97280

    Жыл бұрын

    Venezuela share his oil with all caribbean that was petrocaribe before crisis not selfish as thei anglosaxon caribbean neighbour that stole a part of their land with essequibo.

  • @crimepays8358

    @crimepays8358

    Жыл бұрын

    @@marlene97280nobody stoled Venezuela land. Keep dreaming

  • @jirislavicek9954

    @jirislavicek9954

    Жыл бұрын

    I wouldn't worry about Guyana. It's the mess in Venezuela that needs to get fixed!

  • @strahnbrad3979

    @strahnbrad3979

    Жыл бұрын

    do u love communism

  • @icetea8946
    @icetea8946 Жыл бұрын

    This isnt a joke, As a Trinidadian over the past 2 decades we're accustom to Guyanese migrant coming to Trinidad and Tobago to seek a better life because of how tough they had it there. In the past 4-5 years we've seen any influx in Guyanese wanting to return to their country and Trinidadians ironically, wanting to migrate there because of the improvement over there

  • @triniboy775

    @triniboy775

    Жыл бұрын

    I am Trinidadian with Guyanese parents and trust me most Guyanese in T&T are in no hurry to go back to Guyana and no Trinidadian with sense would actually consider moving either. I wish them the best though and I hope everyone benefits from the windfall.

  • @painalmighty1017

    @painalmighty1017

    Жыл бұрын

    @@triniboy775 Why you said that?

  • @Gemz0001

    @Gemz0001

    Жыл бұрын

    Guyana has God blessing

  • @alphasuperior100

    @alphasuperior100

    Жыл бұрын

    Hey, Trini. I'm trini too.

  • @painalmighty1017

    @painalmighty1017

    Жыл бұрын

    @@Gemz0001 And other countries don't?

  • @brooklynusa670
    @brooklynusa6706 ай бұрын

    Guyana is changing in every way. I am Guyanese, but I dont recognize my own country. I loved my old Guiana with its neighborly hospitality & simple way of life..

  • @matthewbarabas3052

    @matthewbarabas3052

    2 ай бұрын

    simple as in poverty ridden, highly corrupt, awful shithole? yeah, no.

  • @rogerrampersad2023
    @rogerrampersad2023 Жыл бұрын

    As a Trinidadian who has seen how Guyanese where treated when they came to Trinidad for a better life decades ago, i truly wish the best for Guyanese people and hopefully the Guyanese Government don't do what there counter parts did here in Trinidad.

  • @jigziemootoo5033

    @jigziemootoo5033

    Жыл бұрын

    I glad you Remember those days probably you is one of those who ill treat Guyanese, we waiting for Trini to come here

  • @rogerrampersad2023

    @rogerrampersad2023

    Жыл бұрын

    Wow..Seriously.

  • @sukruthns7273

    @sukruthns7273

    Жыл бұрын

    Trinidad & Tobago update its Trade, Defence & Diplomatic Ties with India & both Countries signing a FTA ! 🇮🇳🤝🏻🇹🇹

  • @richardramfire3971

    @richardramfire3971

    Жыл бұрын

    @@jigziemootoo5033 many Trinidadians also helping Guyanese

  • @carverforde6410

    @carverforde6410

    Жыл бұрын

    @@jigziemootoo5033 Stop making a cuck out of yourself.

  • @ianlinares333
    @ianlinares333 Жыл бұрын

    their main challenge is the low population size...they will need to somehow stimulate imigration in order to have the worforce needed for all the infrastructure they will need to build

  • @CasualScholar

    @CasualScholar

    Жыл бұрын

    Regretting that this was not left in the final cut of the video.

  • @overcheats4518

    @overcheats4518

    Жыл бұрын

    @@CasualScholar migration should not be an issue

  • @badroad4610

    @badroad4610

    Жыл бұрын

    More than half of all guyanese population lives outside of their country as migrants! Government should help them to return instead importing in foreign migrants!!

  • @jayyy3456

    @jayyy3456

    Жыл бұрын

    Plans already on the way to import labour.

  • @rangergxi

    @rangergxi

    Жыл бұрын

    @@overcheats4518 Its a poor undeveloped country with a history of racist communism. Immigration will be a problem.

  • @That.little.chef.
    @That.little.chef. Жыл бұрын

    Wow I never expected Guyana to be featured on this channel. This is a great video. My parents are from Guyana and I visit often. Looking forward to seeing Guyana thrive. 🇬🇾

  • @Ryan-Fkrepublicnz

    @Ryan-Fkrepublicnz

    Жыл бұрын

    oh, I am sure the corrupt politicians WILL

  • @dmitrygaming

    @dmitrygaming

    Жыл бұрын

    @@Ryan-Fkrepublicnz what do you mean corrupt politicians

  • @Labyrinth6000

    @Labyrinth6000

    Жыл бұрын

    Especially being one of the most underrated English speaking countries in the world and the only one in South America not counting Falkland Islands the UK Territory.

  • @Gemz0001

    @Gemz0001

    Жыл бұрын

    Will be better than any western country in the world! After Russia and China nuke the shit out the US 😅😅😅

  • @MickJay3

    @MickJay3

    Жыл бұрын

    @Ryan I learned that our words are very powerful. They can speak death or life. Our words sow seeds of discord or seeds of prosperity, peace and love. With that being said, in the Name of Yeshua ( Jesus' Hebrew name) , I SPEAK crop failure over every negative word that has been sown in a negative way toward Ghana. We speak life and not death over Ghana's prosperity. 🙏🏿 sending the Motherland prayers and love from California ❤️ 🇺🇸

  • @ThePeriphery
    @ThePeriphery Жыл бұрын

    Great video. Even-handed, clear points, and well-edited. Thank you!

  • @tutorilessebc7151
    @tutorilessebc7151 Жыл бұрын

    Hope Guayana will improve dramatically in years to come. Hello from Ecuador! 🇪🇨

  • @DruggedParrot
    @DruggedParrot Жыл бұрын

    This is exactly the same case for Suriname. They recently discovered huge oil fields just off the coast. Let's hope these two countries are wise enough not to be like Venezuela

  • @user-oz5vu9fb9r

    @user-oz5vu9fb9r

    Жыл бұрын

    Is the discovery also in the territorial waters of the country? Because it would be interesting if French Guiana, which is adjacent to them, also finds oil. This could change the energy balance in Europe

  • @MuzzaHukka

    @MuzzaHukka

    Жыл бұрын

    @Itsme Alex I don't think Morocco has the ability to exploit oil within the Spanish EEZ

  • @solid1378

    @solid1378

    Жыл бұрын

    Venezuela is a mess because of draconian Western Sanctions perpetrated by US & NATO Countries. Venezuela was doing very well, until the sanctions. Let's not forget this 64 Ton Gorilla in the room!

  • @gohanoo8601

    @gohanoo8601

    Жыл бұрын

    Suriname is way to corrupt tho

  • @RobinBentvelzen

    @RobinBentvelzen

    Жыл бұрын

    Suriname also has a lot of political issues, I really hope they can once leave it behind but I don't see it happen soon. Also I hope my country doesn't try to help out again as the previous colonizer. We fucked up our own oil profits for short term succes instead of long term growth like Norway.

  • @khalil1653
    @khalil1653 Жыл бұрын

    My grandfather was born there. Hopefully he gets to see the country succeed

  • @Karibbean

    @Karibbean

    Жыл бұрын

    Get you citizenship it's only $100 I'm Jamaican decent (mom) and JA will recieve 88 Billion in oil next year, I too will get my citizenship.

  • @avhd187

    @avhd187

    Жыл бұрын

    @@Karibbean receive 88 billion from where ? lol and what citizenship did you pay for if i may ask.

  • @pedro__pinto
    @pedro__pinto Жыл бұрын

    One thing i like about this infomation channel, is that he gives the watcher the means to confirm what he is saying, with the links to the sources of the information. After that, is up to the watcher to confirm what was said. Well done!

  • @marineghost17
    @marineghost17 Жыл бұрын

    As a Western, I wish my fellow Caribbean neighbour best of luck!!! But don’t be the next Venezuela or Trinidad who squandered the oil dollars!!! Corruption is real and every politician will want their piece of the pie!!!

  • @Mrbombastic614
    @Mrbombastic614 Жыл бұрын

    Best wishes and love to Guyana from India 🇮🇳

  • @Optimus12394

    @Optimus12394

    Жыл бұрын

    thanks :)

  • @Sthmohtwenty

    @Sthmohtwenty

    Жыл бұрын

    Which part of India r u from ...lots of singh in guyana

  • @Optimus12394

    @Optimus12394

    Жыл бұрын

    @@Sthmohtwenty i am from guyana, love to india :))

  • @Sthmohtwenty

    @Sthmohtwenty

    Жыл бұрын

    @@Optimus12394 me 2 .....

  • @Mrbombastic614

    @Mrbombastic614

    Жыл бұрын

    @@Sthmohtwenty Bihar

  • @Daniel-wd2ir
    @Daniel-wd2ir Жыл бұрын

    I’ve been to Guyana a few times and lived for 15 years close to its border with Brazil. Unfortunately, I must say that I doubt Guyana will become a developed country anytime soon. If that is to happen, they must learn from Venezuela, which had great infrastructure but never solved social problems such as income inequality and the lack of economic diversification. If the Guyanese use the oil wealth to fund economic diversification, and manage to radically decrease crime and corruption, maybe they have a shot at becoming rich.

  • @JesusLopez-bp4px

    @JesusLopez-bp4px

    Жыл бұрын

    I agree

  • @ssach7

    @ssach7

    Жыл бұрын

    Unfortunately, often when a poor country becomes rich, the people of said country don't become richer, as the owners of capital and institutions want more for themselves. Just like in Venezuela, this might not help, but worsen the income inequality

  • @kitrichardson2165

    @kitrichardson2165

    Жыл бұрын

    Unfortunately, what happened in Venezuela where the population became even poor and the wealth the socialist government officials got wealthier- Is what is likely to happen if they don’t understand the dangers

  • @Gemz0001

    @Gemz0001

    Жыл бұрын

    Guyana stick with BRICS nations and get developers. Guyana will flourish!

  • @SethMethCS

    @SethMethCS

    Жыл бұрын

    Have to defend against the hegemony that wants to see one superpower and subservient nations.

  • @daveriley6310
    @daveriley631011 ай бұрын

    This is the third Casual Scholar video that I have watched. In my view, there is nothing casual about his scholarly analysis of each subject. 'Why is Latin America still Poorer . . .', 'California's Economic . . .', and this one on Guyana are sterling examples of good research, unbiased analysis and logical presentation that should serve as an example for any aspiring presenter on any subject.

  • @CasualScholar

    @CasualScholar

    11 ай бұрын

    I really appreciate your comment. Thank you!

  • @AboveBoardAndBeyondControl

    @AboveBoardAndBeyondControl

    11 ай бұрын

    100% Agreed.

  • @Darrytheprince
    @Darrytheprince Жыл бұрын

    I'm so happy for my West Indian brothers 💪much love 🇬🇩

  • @hgfh4684

    @hgfh4684

    Жыл бұрын

    Guyana is not in the "West Indies". It is in South America. The citizens are African, Indian, Portuguese, Chinese, Native Americans, Europeans and others from Columbia, Venezuela .

  • @Darrytheprince

    @Darrytheprince

    Жыл бұрын

    @@hgfh4684 I take it you're not a west Indian and completely ignorant of Caribbean culture. If you knew what you were talking about you wouldn't have made that comment lool

  • @chillin5703

    @chillin5703

    Жыл бұрын

    @@hgfh4684 Guyana is west indes, as it is considered part of the Caribbean due to its cultural and historic ties there, which is otherwise referred to as... the "West Indes"

  • @Kyle_da_athlete

    @Kyle_da_athlete

    Жыл бұрын

    @@hgfh4684 Guyana IS Caribbean and WEST INDIAN. if you from the Caribbean you'll know what I mean, as a Trinidadian myself

  • @Kyle_da_athlete

    @Kyle_da_athlete

    Жыл бұрын

    @@chillin5703 that is correct !!

  • @SoyLuisDa
    @SoyLuisDa Жыл бұрын

    I live in Guyana, people's mentality is not prepared for it, education is very poor, people are racist and violence over racial issues are frequent, politicians don't invest the money properly, society and human rights are so worthless, garbage all over, rapings and thieves everyday, suicide rate sky high, people rather having 3 to 5 kids before even start a carrer.

  • @YeeeeGreg
    @YeeeeGreg Жыл бұрын

    This channel is amazing and I hope to watch it grow. It deserves millions of subs

  • @robertobruselas3952
    @robertobruselas39528 ай бұрын

    This video documentary gave me so much insight into economics & finance. Your channel has great added value. Enthusiast from Europe.

  • @Sir.T
    @Sir.T Жыл бұрын

    I hope my country can use this opportunity to get into the mainstream!

  • @Terra-YT
    @Terra-YT Жыл бұрын

    Wow Casual Scholar this might be my favourite video of yours yet. You're a total inspiration and actually because of seeing your success I've decided to start making videos too! Keep grinding, your hard work clearly pays off!

  • @therightshow5928

    @therightshow5928

    Жыл бұрын

    go on lad

  • @FilthyBritain

    @FilthyBritain

    Жыл бұрын

    w

  • @halfknightdrummer

    @halfknightdrummer

    Жыл бұрын

    Your videos seem good. Try making some shorts. Should give a good boost to your audience!

  • @FarEast56

    @FarEast56

    Жыл бұрын

    Oh my god bro i love your style of video, definitely gonna watch yours

  • @CasualScholar

    @CasualScholar

    Жыл бұрын

    Best of luck to you :) keep up the great work!

  • @timsmith1118
    @timsmith1118 Жыл бұрын

    Really well-researched and informative video, thank you sir👌

  • @shahjehan
    @shahjehan11 ай бұрын

    Way to many layers to deal with. Lack of education, healthcare, infrastructure and stable law enforcement. Hope they overcome the rampant corruption as well.

  • @ForTheCultureGuyana
    @ForTheCultureGuyana11 ай бұрын

    Wow. It’s killing me how little footage is actually from Guyana

  • @davidrogers8030
    @davidrogers8030 Жыл бұрын

    They need to insist on mandating financial transparency, as a condition of office and for public funds, or corruption and inefficiency will destroy them.

  • @wach9191
    @wach9191 Жыл бұрын

    Lithuania will soon be making semi conductors. Due to friendship with Taiwan. You should make video on that.

  • @billedifier8584

    @billedifier8584

    Жыл бұрын

    It's fortunate that they are a NATO member, Lithuania will need strong national security and border controls, being next to Belarus and Russia.

  • @KGiovanetto
    @KGiovanetto Жыл бұрын

    I really appreciate these great stories of success!

  • @redguardmage
    @redguardmage Жыл бұрын

    my grandparents fled Guyana in the 60s and met at Howard in DC and had my father. while i’ve never felt culturally connected to my history or ancestors, it makes me proud to know that the country is growing and becoming some place that would be fun to visit

  • @CheriseMonetFilmmaking

    @CheriseMonetFilmmaking

    Жыл бұрын

    Same except it was my parents in the late 80s. I'm excited to be able to finally visit. My parents always forbade me before for obvious reasons.

  • @flymakena

    @flymakena

    Жыл бұрын

    Pride is the worst sin,watch out!

  • @thomasmasseycontrereras8740

    @thomasmasseycontrereras8740

    Жыл бұрын

    @@flymakena Why would being happy from achievements would be a sin? How for example feeling pride of reducing poverty and crime rates would be a sin?

  • @qwertyuqwertyu7481

    @qwertyuqwertyu7481

    Жыл бұрын

    ​@@flymakena, 🐐 "woke"

  • @Sthmohtwenty

    @Sthmohtwenty

    11 ай бұрын

    Guyana is mix culture..u will fit in however u like ...no dominant in culture ....but becareful with the choke and Rob...as a Guyanese living away ..return 4 holiday was attacked in broad day lite by d arcade and don't let me tell who attacking me ..d usual ..n........

  • @aaroniter8163
    @aaroniter8163 Жыл бұрын

    Hey, finally a country seeing the ressource curse and trying to avoid it! Best of luck over there!

  • @thomasnoukos9284
    @thomasnoukos9284 Жыл бұрын

    Casual Scholar, congrats for your videos. You are among my favorite channels. As scholar in a European university, I use your videos as a source of information. One interesting topic, might be how the Gulf states have used their own oil wealth. It seems they 've been succesful to handle their own wealth. Care to make a video about it?

  • @richardleenders8243
    @richardleenders8243 Жыл бұрын

    I love Guyana it's a beautiful country I lived in Surinam for a few years... but I was visiting Guyana...if possible I would love to live in your country...I'm from the Netherlands

  • @SueLall1008

    @SueLall1008

    9 ай бұрын

    I think they are very open to foreigners.

  • @Da__goat
    @Da__goat10 ай бұрын

    I’m genuinely impressed by Guyana. I went to college with a guy from there. Really nice dude. Hope they use the money to diversify their economy like the emirates

  • @killzone866

    @killzone866

    6 ай бұрын

    Brother is sadly never going to happen. Its been corrupt since it gained independence, my fathers family left when he was 5 right after the independence and nothing has changed. Hell the corruption has probably gotten worse.

  • @genacygreene2548

    @genacygreene2548

    5 ай бұрын

    GUYANA IS A HOUSE OF ARROR

  • @ZMZ1000
    @ZMZ1000 Жыл бұрын

    Thanks for the documentary. I am hopeful for Guyana 🇬🇾!

  • @legendary678
    @legendary678 Жыл бұрын

    I am the holder of a well paying job in Guyana which is roughly about $7200 USD yearly but after living expenses are taken out I have around $3600. With the country currency being relatively weak makes import very hard and not enough fund for higher level of education like college makes life a living hell. NB: Average jobs pay around $3600 so you do the math how people are living.

  • @Sthmohtwenty

    @Sthmohtwenty

    Жыл бұрын

    One should live between their means...some ppl I guyana doesn't c a dallllah but still live happily

  • @Tribuneoftheplebs

    @Tribuneoftheplebs

    Жыл бұрын

    The internet allows us to self educate in a way past generations could only dream about.

  • @avhd187

    @avhd187

    Жыл бұрын

    Well perhaps soon they can start paying for expertises. Produce more and then eventually have specialized imports for consumers and certain products that can eventually be manufactured in the country. when things get stable enough.

  • @Gemz0001

    @Gemz0001

    Жыл бұрын

    With all that oil...Guyana can afford free education like Germany to it eligible citizens and free health care for all citizens like Canada! Just the matter of time. Rome was not built in a day!!!

  • @SueLall1008

    @SueLall1008

    9 ай бұрын

    People can plant their own food! Everything grows like weed in Guyana.

  • @forhadahmed4643
    @forhadahmed46435 ай бұрын

    stunning video work.............thanks

  • @brajmahipal733
    @brajmahipal733 Жыл бұрын

    The people of guyana must put their colonial mentality behind them if they want guyana to be the richest country in the world... They must really believe in being ONE PEOPLE, ONE NATION, ONE DESTINY.

  • @arthas640

    @arthas640

    Жыл бұрын

    Seeing as less than 7% of the country are even old enough to remember colonialism and around a quarter of the country is under the age of 18 they dont have any excuses for shaking off the colonial mentality. It's less a mentality and more about corruption in the government. For a comparison 60 years after the end of colonial rule the US had reached the Pacific coast and was becoming one of the worlds most powerful countries, South Korea was the worlds 16th largest economy and rapidly growing, Taiwan was experiencing a similar rise (GDP roughly doubled from 1995-2005 for example), India became one of the worlds greatest powers within 60 years even leading the non alignment movement of the Cold War, and just 30 years after independence most of the Warsaw pact and former Soviet states are wealthy and successful, and even Poland who spent most of the last 300 years split apart and experienced one of the worst genocides of the last century.

  • @Zelosis_
    @Zelosis_ Жыл бұрын

    Very interesting video. I really hope they can make it work, it would be insanely sad if what happened in Venezuela happened again to their next door neighbor.

  • @mohammedmusa481
    @mohammedmusa481 Жыл бұрын

    As a Nigerian I’m really rooting for Guyana, but I feel like I’ve seen this movie before and I’m not too optimistic😢

  • @whiteknight7wayne493

    @whiteknight7wayne493

    Жыл бұрын

    We know what you mean...but i think they will benefit from some percentage of it....the world is too much big fish eats the little fish. Primal.

  • @nyla27855

    @nyla27855

    Жыл бұрын

    The only thing I'm worried about are the costs of housing, food, etc rising but the wages staying the same

  • @mohammedmusa481

    @mohammedmusa481

    Жыл бұрын

    @@nyla27855 Luanda special

  • @AliSharifi-mm4xd
    @AliSharifi-mm4xd Жыл бұрын

    Iran in the same year (2019) discovered a new oil reservoir with a massive amount of 53 billion barrels in Khozestan province, bringing its total reserve to 208 billion barrels and elevating it to the third-largest in the world behind Venezuela and Saudi Arabia. Thanks for your great video

  • @chaosrex1487
    @chaosrex1487 Жыл бұрын

    As someone who lived in Guyana for a number of years, I can tell you every time the country has gotten an influx of wealth it has been pocketed by those in power who then use it to flee the country and live prosperously elsewhere. They do not invest it within their own country, and seeing as most of the same political figures who were there when I lived there are STILL there, I don't see why this will be any different. More Guyanese live outside Guyana than live in it. Anyone who can afford to gets the hell out.

  • @ROXANNE708
    @ROXANNE708 Жыл бұрын

    Once again, another excellent video! 👋

  • @Delosian
    @Delosian Жыл бұрын

    They should spend their oil earnings on more things they can export, such as making aluminium from the bauxite, rather than selling the raw material, and then building up their manufacturing. If they have water they have hydroelectricity, which is what is needed to cheaply turn bauxite into aluminium. Where there is bauxite there is often tungsten and gallium. They could also turn cane sugar into ethanol, which can then be turned into biofuel and alcoholic drinks using their abundant water source.

  • @JERIMIAH0ZENDIAH-db3gy
    @JERIMIAH0ZENDIAH-db3gy5 ай бұрын

    Hi im Trinidadian. Guyana is a nation linguistically, culturally and demographically very similar to our island. I've been there many times and I also have distant relatives on the beautiful nation. Trinidad is also extremely close and was once connected with land between Venezuela, with a lot of Venezuelans flocking to our small island to find a better life from their government, and this is responsible for causing a lot of controversy in recent years. Its so outrageous how the Venezuelan government want to occupy the protected land of Essequibo to exploit it of oil and minerals despite it having no historical ties to the people here.I pray for peace in the region.

  • @ubaldogandica8654

    @ubaldogandica8654

    5 ай бұрын

    Trinidad and Tobago once was a part of the General Captancy of Venezuela during the Spanish Empire. Later the British occupied the island. Also part of the information you are providing is not correct. It may be certain if you talk about the territory from/beyond the eastern coast of the Essequibo River. In fact, It is not called Essequibo. No, It is just Guyana, and the rest of the Guyanas at the east, including Surinam. On the other hand, if we talk about the western coast of Essequibo River, namely the lands taken by the Spaniards from the river to the west is called Essequibo territory only or "Guayana Esequiba" as we know it in Spanish, and not the territory beyond the eastern coast. The Essequibo territory is a very old Venezuelan claim, and it is time that justice takes place. It is necessary to precise this in order to avoid important mistakes. Regards.

  • @pedrovlogsviajeros5521

    @pedrovlogsviajeros5521

    5 ай бұрын

    @@ubaldogandica8654Interesting. Which territories were originally part of Venezuela?

  • @johnhenry9453

    @johnhenry9453

    5 ай бұрын

    ⁠​⁠​⁠@@pedrovlogsviajeros5521so many… you have to google General Captancy of Venezuela or “Kingdom of Venezuela” and look at the map back 1777, when Spain delimited the borders to have a better administration. Trinidad was part of Venezuela but in 1797, the British invade and conquered the island. Meanwhile in this Guyana situation, was diferent because Venezuela declared their independence in 1811 when the territory of venezuela include the land up to Essequibo River.

  • @johnhenry9453

    @johnhenry9453

    5 ай бұрын

    Obviously you will defend Guyana, they are like you guys… you said we venezuelans dont have historical ties with Essequibo when we actually fought for our independence, not like you guys, and we earned the land of the Kingdom of Venezuela that at the time delimited the borders up to Essequibo river. We dont have historical ties with the people in the Essequibo is fault of United Kingdom UK they fraudulent apart us from our territory by a fraudulent arbitration because they invade a make a map when was very clear that Spain delimited those borders in 1777. UK like always stole the territory

  • @michaelcassidy1584
    @michaelcassidy15848 ай бұрын

    Very good documentary. Well done.

  • @kamlando3089
    @kamlando3089 Жыл бұрын

    More than likely, a LOT of the oil revenue is going to disappear into someone's pockets instead of where it's supposed to go. For as far a I'm aware, the corruption and nepotism problems that the country has faced have not really gone away...

  • @tauceti8060

    @tauceti8060

    Жыл бұрын

    Hard to steal from a wealth fund that can be tapped by only parliamentary approval

  • @kuyaocstriviaeverything9860
    @kuyaocstriviaeverything9860 Жыл бұрын

    Dutch Guyana today is the country of Surinam. British Guyana became the independent country of Guyana. French Guiana remains as French possession.

  • @nox5555

    @nox5555

    Жыл бұрын

    The French part is by far the richest with the best education and healthcare system.

  • @chrisjones7236

    @chrisjones7236

    Жыл бұрын

    The longest French land border is with Brazil as a result.

  • @amazonwarrior7126

    @amazonwarrior7126

    Жыл бұрын

    kuya you dont say? you are brilliant

  • @shauncameron8390

    @shauncameron8390

    Жыл бұрын

    @@nox5555 Thanks to French subsidies as besides the space program, it has nothing going for it.

  • @lowsdpc
    @lowsdpc6 ай бұрын

    I've been a fan of casual Scholar for a long time. I was so excited to see when they covered Guyana!

  • @jsilvanus240
    @jsilvanus240 Жыл бұрын

    Beautiful guyana need more population to help develop the country...

  • @anticoluomo
    @anticoluomo Жыл бұрын

    thanks for a useful and rich in knowledge video .

  • @paullopez7561
    @paullopez7561 Жыл бұрын

    I hope with the new found oil wealth; Guyana doesn't become a Venezuela. But with history of corruption and 2 groups saying it's my money no it's my money; there is a very high risk of Guyana being poorer than Haiti

  • @teddydog6229
    @teddydog62299 күн бұрын

    How sweet it is to see a video about Guyana which actually doesn’t mention Jonestown. Thank you for recognizing that isn’t the only thing that ever happened in Guyana.

  • @arailway8809
    @arailway880911 ай бұрын

    Thanks Well done all the way through.

  • @KC_G4S
    @KC_G4S Жыл бұрын

    Good vid but one thing I think could really make this channel’s content better was if the videos were less reliant on stock footage and used more graphs, charts, article excerpts or headlines, or generally more visually relevant material. Watching repetitive stock footage is uninteresting.

  • @miroslavhoudek7085
    @miroslavhoudek7085 Жыл бұрын

    You can change the economy but not people's mind. People who grew up in scarcity (and the resulting mal-education and corruption) will not likely change their ways as long as they live. And people today often live very long.

  • @paleamigo8575
    @paleamigo85759 ай бұрын

    Interesting suition for Guyana. Great video, thank you!

  • @nikolaidis8
    @nikolaidis8 Жыл бұрын

    Love how this "curse" is so mysterious and is not called western political and corporate corruption...

  • @shauncameron8390

    @shauncameron8390

    Жыл бұрын

    What about local government corruption and mismanagement? That's what tanked the old USSR.

  • @chrisrosenkreuz23
    @chrisrosenkreuz23 Жыл бұрын

    Would be really interesting to see an episode on the political moves happening behind the scenes with regard to how the US will get on this. I mean that's bound to happen no matter which way you look at it. Thanks for your work, amazing content!

  • @Originalman144

    @Originalman144

    11 ай бұрын

    the US is already in on it, and if not then you will see a regime change. allegedly

  • @zakyeeet5731
    @zakyeeet5731 Жыл бұрын

    Hope they succeed ( nice video 👍🏻)

  • @mohammadiqbalkhan2888
    @mohammadiqbalkhan2888 Жыл бұрын

    My sincerest and best wishes for Guyana! Bravo!

  • @thebombshellmale
    @thebombshellmale Жыл бұрын

    As a brazilian who traveled to Guyana once, I can relate the corruption there is way higher than here, as Brazil seems to be forever the country of the future, Guyana keeping the same politicians will be forever the country who plans to get rich in 5 years ahead.

  • @adissentingopinion848
    @adissentingopinion848 Жыл бұрын

    As a child of Surinamese parents (the right bordering country), I see that Guyana is basically the same as Suriname in many ways. We have deep cuts in politics across the 5+ religions and ethnicities. We elected our dictator as the president... I hope only the best for the Guyanese people.

  • @cbutterfly7687
    @cbutterfly7687 Жыл бұрын

    Guyana is a blessed nation and it will continue to be blessed.

  • @AWAL76

    @AWAL76

    Жыл бұрын

    How??? Did you not watch any of the above video?

  • @stevenmutumbu2860

    @stevenmutumbu2860

    Жыл бұрын

    Amen!

  • @johannbrandstatter7419

    @johannbrandstatter7419

    Жыл бұрын

    Blessed ? With what ? By whom ?

  • @stevenmutumbu2860

    @stevenmutumbu2860

    Жыл бұрын

    @@johannbrandstatter7419 Got very good humble people's I know from Gayana over years as they says hope now is there and we shall all rejoice +44

  • @SueLall1008

    @SueLall1008

    9 ай бұрын

    🕉

  • @nazirahmed2827
    @nazirahmed28279 ай бұрын

    Very nice explanation

  • @andreisilkin9722
    @andreisilkin97226 ай бұрын

    I liked your video a lot! You opened a new country for me. Thank you very much 👍

  • @huyucle1228
    @huyucle1228 Жыл бұрын

    Masterworks sound like the type of company that will appear on KZread in a "scam explained" video

  • @deusmachinima1189
    @deusmachinima1189 Жыл бұрын

    Part of India's soul resides in Guyana. May Guyana remain prosperous

  • @place4sam

    @place4sam

    Жыл бұрын

    Unfortunately

  • @winstonmaraj8029

    @winstonmaraj8029

    Жыл бұрын

    Really? What a stupid idea.

  • @DarlyaFaroeste

    @DarlyaFaroeste

    Жыл бұрын

    Now I know where they inherited their corruption and rape customs from, the politicians there are taking advantage of the poor indigenous girls and raping them and getting off because the have the Courts Justice in their hands #StopRapeOfIndigenousWomenNow

  • @deusmachinima1189

    @deusmachinima1189

    Жыл бұрын

    @@DarlyaFaroeste fyi, India has the lowest rape per capita cases lowest among the world but it's tarnished by media. The US in comparison has 8x time the cases. India has huge population so it registers a lot of cases. It seems you've a problem with Indians and stereotyping us as r@pists will not do you any good especially when Africans and Europeans have committed half the crimes in the world. Racist

  • @jayyy3456

    @jayyy3456

    Жыл бұрын

    @@place4sam fortunately you mean.

  • @danspencer4235
    @danspencer4235 Жыл бұрын

    Never underestimate the ability of corrupt politicians to steal and destroy.

  • @davisbridjey4583
    @davisbridjey4583 Жыл бұрын

    Congrats to Guyana, hope their Economy becomes vibrant, Guyana was once the second poorest country in SA. Hope they put their wealth to develop the country and people. Trinidad and Tobago Govt gave the Guyanese govt. $500 Million USD from the oil revenue, during the eighties. Lots of Guyanese came to T&T looking for a better life.

  • @dunnowy123
    @dunnowy123 Жыл бұрын

    A fascinating and very underreported story. My family is from Guyana and all my stories about the country are about how desperately poor and dangerous the place is. I hope it can work out, but I'm skeptical. The institutions aren't there, corruption is rife.

  • @amazonwarrior7126

    @amazonwarrior7126

    Жыл бұрын

    why dont you go to Guyana and look and stop sprouting rubbish

  • @Mr.Ramen592

    @Mr.Ramen592

    7 ай бұрын

    A lot of those stories are often exaggerated.

  • @dunnowy123

    @dunnowy123

    7 ай бұрын

    @@Mr.Ramen592 I personally know someone, my cousin, who was shot in the head trying to fulfill a good delivery. I also have been there, and been told by locals never to go out at night. So...I don't know lol

  • @Mr.Ramen592

    @Mr.Ramen592

    7 ай бұрын

    @@dunnowy123 depends on the area.

  • @theabhishekmondal
    @theabhishekmondal Жыл бұрын

    Soon western countries will say *Guyana is Western country*

  • @jasonhaven7170

    @jasonhaven7170

    Жыл бұрын

    How? They don't say that of oil-rich Middle-Eastern countries

  • @thaleshb9380
    @thaleshb9380 Жыл бұрын

    Yet the citizens can’t even get access to clear water This is a comment from Essequibo Guyana 🇬🇾

  • @VonGoldfinger
    @VonGoldfinger Жыл бұрын

    As a Surinamese I’m banking in both Guyana & Suriname to get rich. That will benefit the whole of South America. Both have huge oil & gas reserves and they both need this to develop.

  • @eastfrisianguy
    @eastfrisianguy Жыл бұрын

    Guyana should first rehabilitate its country with the money and then establish a prosperity fund like Norway, as an investment in the future.

  • @CasualScholar

    @CasualScholar

    Жыл бұрын

    I talk in the video about how they have already established a wealth fund.

  • @jayyy3456
    @jayyy3456 Жыл бұрын

    Great stuff. You stayed accurate throughout. Shows detailed research. Can't say the same for much of the content on Guyana. The poverty clips are not of Guyana though. Everybody and their mother talking about Guyana these days. They must be doing something right.

  • @ashash8026
    @ashash8026 Жыл бұрын

    I am living in Guyana atm and even know the president mother as she was my English teacher . We are currently stagnated atm even with the oil wealth cuz Guyana owns less percentage share than the foreigners who invested in the oil project btw. The citizens barely seeing wealth going to the public , our roads have so many potholes and can’t even spent money on it cuz most of it goes to the our corrupted government . Same shithole country sad .😢

  • @MiningTheWorldYT
    @MiningTheWorldYT Жыл бұрын

    Another way for Guyana to generate lots of revenue: incentivize construction of aluminum smelters that use the bauxite you mentioned at 5:18 (Guyana is still a significant producer, exporting mostly to the US) with the hydroelectric power you mentioned at 17:05 as the energy source. Aluminum production is incredibly energy intensive, accounting for around 2% of global emissions. Some major producers have recently moved to powering their smelters with renewables, cutting three-quarters of emissions and allowing them to charge a premium for "green aluminum". No reason Guyana can't achieve the same with a bit of forward planning and the appropriate incentives to investors. It would be a natural supplier to its South American neighbors too.

  • @valeriewickerson-august7474

    @valeriewickerson-august7474

    Жыл бұрын

    Another words Guyana still has a lot of her green spaces in tact and hasn't been screwed up, let's say, like Ethiopia so put all that ugly stuff like aluminum, power lines and pipes, smelters, you know the really ugly destroying mess so I don't feel like I screwed her over so when I really go in their to screw her over I won't feel like I've done something bad. Did I pretty well tell you what you are trying to say. After looking at time 17:05 that's all you saying.

  • @MiningTheWorldYT

    @MiningTheWorldYT

    Жыл бұрын

    @@valeriewickerson-august7474 That's not what I was saying at all. I was replying to a video entitled "How Guyana plans to get insanely rich..." by pointing to another obvious way in which Guyana could generate revenue and employment if it wished to go that way. Guyana is a sovereign country, if it doesn't want aluminum production on its territory, that's its right.

  • @benqurayza7872
    @benqurayza7872 Жыл бұрын

    I have known some Indo-Guyanese immigrants in the US. It is heart-breaking what they went through.

  • @dansouthlondon9873

    @dansouthlondon9873

    Жыл бұрын

    I'd feel gutted if I ended up in the US too tbf

  • @Sherirose1

    @Sherirose1

    Жыл бұрын

    Nice comment Ben. We love Guyana but forced to migrate to foreign countries to have a better life for our children.

  • @NLaertes
    @NLaertes Жыл бұрын

    The rest of the world: Recession is coming, we are doomed! Guyana: Nothing to see here, move along

  • @RonZoiks
    @RonZoiks Жыл бұрын

    Very interesting topic and information. The stock video used to make the video is very odd. Most doesn't match the topic.

  • @jonncardson4762
    @jonncardson4762 Жыл бұрын

    Macapá - Amapá - Brasil 🇧🇷. Presente nesse vídeo muito bom Guyana 🇬🇾 ,é um lugar que quero visitar um dia.

  • @Ghost-bp7tu

    @Ghost-bp7tu

    Жыл бұрын

    Lol

  • @amazonwarrior7126

    @amazonwarrior7126

    Жыл бұрын

    Jonn cardson come over quick ,the rubbish what you read here and other places is nothing like the real Guyana, and beware people saying they are Guyanese and saying Guyana is starving and living in hovels and it like haiti, they are not Guyanese. just look at the houses we have in the country side. kzread.info/dash/bejne/qoZ7vKyOg5DJfbQ.html

  • @Renatoxxxxx541

    @Renatoxxxxx541

    Жыл бұрын

    Amapá vai ficar rico também já estão fazendo poço de petróleo da Petrobrás 🤑

  • @jenesisjones6706
    @jenesisjones6706 Жыл бұрын

    Good luck to Guyana. I really hope it all works out for them...sadly, the odds for them are very low though.

  • @DeathsOnTheYAxis

    @DeathsOnTheYAxis

    Жыл бұрын

    They're fucked lol.

  • @DarlyaFaroeste

    @DarlyaFaroeste

    Жыл бұрын

    They inherited some of the most brutal types of culture mainly african and indian two continents that are plagued by corruption. There is also a huge rape activity happening right now there, indigenous women are being raped by politicians #StopRapeOfIndigenousWomenNow!

  • @amazonwarrior7126

    @amazonwarrior7126

    Жыл бұрын

    so why is Guyana the fastest GBP growth in the world? corrupt countrys do not Grow

  • @davidsam8692
    @davidsam8692 Жыл бұрын

    All I waiting to see if Guyana will bloom as it should or the dirty politicians will fill their pockets after all they are the wealthiest in Guyana so I'm praying

  • @sam.victor470
    @sam.victor4705 ай бұрын

    Once Guyana's most worrying problem, a very small population, (of 700-800 thousand), it is now a serious advantage with a worsening illegal immigration situation. These days it is increasingly difficult to find Guyanese immigrants in other countries of the Caribbean, or the traditional lands of exodus like US or UK. The oil and raw materials recently boosting Guyana's economy, is the motivation behind the latest potential threat of invasion, to presumably annex 2/3 of the country by Venezuela. A prospective war is not possible for Guyana to win, (they have 7,000 odd military as opposed to 115,000 in Venezuela); but it's a war Venezuela can't afford and its military won't have the stomach for it. They are used to living off the fat of the land and not fighting and potentially getting killed in a land-grab war. To successfully annex western 'Esequibo' region, that Venezuela claims, will prove not only costly, but actually very difficult indeed. There isn't any infrastructure at all to aid an invasion. Not even one road into Venezuela. Nothing but jungle, deliberately left that way by the Guyanese, who've heard all these threats of invasion and annexation before. The Venezuelan president will be signing his own end in power, if he commits the once rich and now seriously economically mismanaged Venezuela to a territorial war that will be hard to conquer and control. It will prove a gamble that the regime will lose. Guyana does not have to do anything. Just watch events unfold.

  • @brunopadovani7347
    @brunopadovani7347 Жыл бұрын

    The key to making this work is to NOT just give money to the people, or subsidize low food or energy po rices. That will just create a class of rich lazy people like in Saudi Arabia, who view those benefits as entitlements, and will riot when the "goodies" are discontinued (when the price of oil goes through a down cycle). State oil revenues need to be used to 1) fund infrastrastructure (roads, schools, hospitals, telecommunications), with strong ROIs at a sustainable level, and with almost all of the manual labor done by Guyanese at a living wage, 2) create a sovereign wealth fund for a rainy day, 3) provide tax benefits and subsidies for foreign investments in the types of industries that employ Guyanese, preferably not resource extraction. The jobs created must be overwhelmingly for Guyanese people, and foreign investors should be forced to train Guyanese up the technical ladder. Allowances can be made for skilled foreigners in the beginning, but the pathway should be for them to be eventually replaced by Guyanese, as the Guyanese are trained and educated. Don't invest too much money directly into the country too fast, because it will only be wasted, and funnelled into corruption. What's not invested directly into the country can be invested into the sovereign wealth fund.

  • @876jamaicanyouth

    @876jamaicanyouth

    Жыл бұрын

    We all know who won't have this or who will create internal conflicts to ensure proper nation building plans aren't a reality

  • @bagbroch9339

    @bagbroch9339

    11 ай бұрын

    This is the most insane thing I’ve ever read

  • @brunopadovani7347

    @brunopadovani7347

    11 ай бұрын

    @@bagbroch9339 Why?

  • @justdan9802
    @justdan9802 Жыл бұрын

    Nothing better than getting to learn economics after a long week.

  • @CasualScholar

    @CasualScholar

    Жыл бұрын

    Couldn't agree more!

  • @balabanasireti

    @balabanasireti

    Жыл бұрын

    Cringe

  • @PenExploded13

    @PenExploded13

    Жыл бұрын

    @@balabanasireti "Cringe" - 🤡

  • @NON155
    @NON155 Жыл бұрын

    GLAD YOU RETURN / CAN MAKE A STORY WHY LIBERIA WAS RICH IN THE PAST IN FUTURE BECOME POOR .. AND THE CIVIL WAR STORY...

  • @hbarudi
    @hbarudi Жыл бұрын

    Hope Guyana makes things better. From the entertainment, video games, and tourism industry more specifically video games... The pokemon Mew is assumed to have this country as his home and origin. Tourism of this kind can be set up to help their economy...

  • @nyla27855

    @nyla27855

    Жыл бұрын

    Yes like a large VR cafe for tourists and locals would be nice. Maybe a movie theater too

  • @SaitamaLover
    @SaitamaLover Жыл бұрын

    I am a fierce believer that when a country over-rely on just one thing, like Guyana on Ore and there is no other economic growth, corruption is at its base. Instead of helping your peers, putting everything in your own pocket

  • @grxxvymax6025
    @grxxvymax6025 Жыл бұрын

    All Guyanese 🇬🇾 gotta understand wa type of Land Guyana da Pon Guyana is the whole Amazon , graphically we Have 1 of the lost tribes ,. Amerindians, the tree dat bleeds,we Have the tallest wata falls , we have the most dangerous animals from the jungle!! , Beautiful bird's in the world,we Have all kinds of resources.. we Have the best Nancy stories!! we have great remedies , fruits ,south America da Land of Giants!. Guyana 🇬🇾 the Land of many watas!.. our paradise our family Roots !.. Roots is consis the seeds dat been planted all thru our Land mix with a colorful tree thru Grandfadda dem , N granny dem .. soo wa da tell ya !! If everybody Have a understanding we all mixed up mixed up like cookup, some ShineRice, don't fa get da Dal rice n butter.. all I'm saying 1 Getta will live fa eva 🇬🇾 🙌🏾 💪🏾 you know we Guyana was known as A third 🌍 countrie why is dat We we got top resources because we don't spray our fruits we Let the rain just fall ..!!! And let the moon and sun shine ..!!! Wata deep but we already knew How to swim being in your mudda belly fa 9 months or lessa !! People NaH see wa going on all the poor country or islands will rise again just can't be greedy 🇬🇾🙌🏾

  • @grxxvymax6025

    @grxxvymax6025

    Жыл бұрын

    Geographic not Graphically

  • @Sherirose1

    @Sherirose1

    Жыл бұрын

    I love your comment. I feel your passion. Thanks for the lovely reminders.

  • @andreelliott467
    @andreelliott467 Жыл бұрын

    As a Guyanese, I’m looking forward to the development of the country and the people within.

  • @samuellangrin7334

    @samuellangrin7334

    Жыл бұрын

    As a Jamaican im proud for guyana💯

  • @baazinews1027

    @baazinews1027

    Жыл бұрын

    All the Best from India 🥰

  • @Georgin

    @Georgin

    5 ай бұрын

    How much have wages and living standards changed in Guyana during this time? At least according to your feelings

  • @myronthomas6568
    @myronthomas6568 Жыл бұрын

    Proud Guyanese. I left my work to venture into business. 😁😁😁😁

  • @nojasontv7021
    @nojasontv70218 ай бұрын

    Wish you could talk the same way about my country Suriname 🇸🇷