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Reply to "China lift 700M out of poverty, Guyana can’t lift 700,000"

Bibi what Guyana has to worry about is inflation and the oil syndrome.  Inflation with the money coming in and people depending too much on oil not on agriculture and other important industries like what happened in Venezuela and Libya. Just before Gaddafi was overthrown in Libya they had an unemployment rate of 20 percent because of declining oil prices.  Gaddafi was giving the population oil money cheques from royalty investments to keep them surviving.

Last edited by Prashad

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