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Reply to "Fleeing hard times –Guyanese living in Venezuela returning home."

Drugb posted:
caribny posted:
Drugb posted:

These people in for a surprise if they think PNC Guyana is any better than Venezuela. 

Druggie how come they didn't return under the "great" days of Jagdeo?  In fact many of them probably fled there during that era.  According to you life under Jagdeo was so great that even thousands of Bahamians and Caymanians flocked to Guyana to get the high salaries being paid.

In fact even Canadians and Germans flocked to Guyana for a better life!

During Jagdeo time oil price was in the 150 range per barrel. Venezuela and Trinidad were hot economies.  Never head of Bahamians or Caymanians flocking to Guyana for jobs, someone must have spiked your govt subsidized ensure. 

What we saw under Jagdeo was an influx of entrepreneurs who came to take advantage of a thriving middle class with disposable income to spend. Even during Ramoutar time we saw an influx of Indian and Chinese restaurants.  There was even a French restaurant that opened in GT, I am sure most have closed their door under PNC hardtimes in the past two years. 

I think you need some of that subsidized ensure given your brain is apparently under-functioning. Guyana's unemployment was always in the high 20's all through the last two decades and besides the influx of predator multinational companies coming in to bleed the nation in the extraction industries there was no growth industry in any sector, agriculture manufacturing etc. Income was on borrowing, remission and money generated by the predators as they spent to facilitate their predation. Growth of restaurants is not a sign of vibrant industry. It is a  lot of shady people who are focused on low capital investment in a sector that is at best hit or miss with short shelf life. They add nothing to the nations net assets but are expatriate owned and are scavenging cash for foreign deposits.

FM
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