Comments on: Guyana not immune to financial meltdown – Yarde

By: Sam

Sam — Mon, 01 Dec 2008 22:27:28 +0000

IF YOU SPEAK TO THE PPP THEN THE ANSWER WOULD BE DURING THE 28 YEARS OF THE PNC AND VICE VERSA

By: guyanese69

guyanese69 — Mon, 01 Dec 2008 04:36:33 +0000

what happen to jagdeo’s firewall?

By: GUYFLAG

GUYFLAG — Mon, 01 Dec 2008 00:52:12 +0000

Mr. Westbank, you must be from the westbank of the jordan river, not Guy….. how did you come up with the period.. 16 yrs,?…. the past 16 yrs was when we started to arise from the “abyss” …shame on you..

By: MAVERICK

MAVERICK — Sun, 30 Nov 2008 23:06:09 +0000

Guyana has been melting down since independence………………so yarde stop it with the humor.

By: dove

dove — Sun, 30 Nov 2008 21:59:24 +0000

I have said what I wanted to say and you have said what you wanted to say – no debate on my part, another time and place.

By: freespeech

freespeech — Sun, 30 Nov 2008 14:45:16 +0000

you might catch the cold, not everyone.
it all depend on the trade, some may never affected.

By: freespeech

freespeech — Sun, 30 Nov 2008 14:40:36 +0000

barbados is, no more visitors. they are dependent on tourist dollars, we are not, so let him go back to his white beaches and have a sun bath.

By: ridley

ridley — Sun, 30 Nov 2008 13:40:18 +0000

Guyflag, aren’ t you some what embarrassed by your attack on Mr Yarde? Your pseudo name suggest the extent of your patritism but you should not be blinded by that fact.

Why don’ t you wake to the reality that the PPP Government is taking down an abyss? Wake up Guyflag and stop dreaming about the PNC because they have been out of power for sixteen years.

By: octo

octo — Sun, 30 Nov 2008 08:58:20 +0000

WATCH OUT GUYS IF AMERICA SNEEZES THE WHOLE WORLD CATCHES A COLD PAY YARD NO ATTENTION HE IS NO AUTHORITY ON WORLD ECONOMICS. WATCH AND SEE WHAT HAPPENS COME FEBURARY. SPEND WISELY.

By: ram

ram — Sun, 30 Nov 2008 04:26:55 +0000

Guyana not immune meltdown??????, Guyana been meltdown already – in many areas………fix it GOVERNMENT or resign

By: GUYFLAG

GUYFLAG — Sun, 30 Nov 2008 02:03:45 +0000

Mr. yard is just a ‘ windbag’ like so many of the other Unionists, ……..which govt. spokesman, has .. … presented a statement to the effect That Guyana, will be unaffected, by the International Financial crisis,.?….. please educate me…. may have missed something…… Igot the feeling of what was being said that in certain areas guy will fare better than some other countries….. oh. well, must admit… this english language could be a little difficult for some of us sometime…… DOVE, sorry to laugh at your quote….. LLListen to Mr Yarde…. Public servants will feel the brunt ,etc,etc, Public servants all became Beggars with ..one stroke of the pen.. in 1990…. when the PNC govt. Floated the Guy dollar and their salary became toiletpaper…… . My friend I am really trying to elevate these ‘Bloggings’ to a level of credibility we can all be proud of….. Please help me…. could you imagine…. working for decades as a Snr. public servant,, saving .. over those years , perhaps $G 25, 000 , which, for your information could have bought a house, and waking up the next day only to discover it can’t buy a refrigerator? … could you?…. well that was the plight of all salaried people……. the persons who became the benefactors after then were the hard working self employed persons……. would love to go in to all the economic and pOlitical ramifications, … . but I leave you to do your research, then come back to further debate….

By: sanie

sanie — Sun, 30 Nov 2008 00:01:16 +0000

you’re right, guyana has had a financial problem for as long as i could remember, and its just crazy for them to come out now and say its not immune, they must be one of the rich ones, who was never affected with guyana monetary problems

By: amen-ra

amen-ra — Sat, 29 Nov 2008 21:28:32 +0000

guyana is already in a crisis, and thanks for mr.yarde being honest and letting the people know what is really happening.

By: Caesar Agustus

Caesar Agustus — Sat, 29 Nov 2008 17:36:09 +0000

That is not telling it exactly like it is. Guyana is already in a financial meltdown like the rest of the developed nations.

By: SOESDYKE

SOESDYKE — Sat, 29 Nov 2008 16:47:52 +0000

When were we not in one. Can someone please tell me.

By: MR.WEST BANK

MR.WEST BANK — Sat, 29 Nov 2008 15:20:48 +0000

I do agree with you Dove, Guyanese have been suffering
from a meltdown for the pass 16 years, the meltdown
that we are seeing here in the u.s.a. will make life
rougher, the time is coming when some of us here will not
be able to transfer money to our love ones as before, my
401K is not looking good.

By: Leslyn

Leslyn — Sat, 29 Nov 2008 14:59:56 +0000

Guyana will be affected especially since the majority of them are in the habit of picking up the phone and molesting their families in the US to send them money (send once, and there is no end to the madness). I say that because I have seen it. This is a global problem. I work and pay into a pension in the US but there is no guarantee that is is going to be there if or when I should be ready to retire. Obviously we poor folks have to work until we die. At the same time, the rich just keeping getting richer. And we have to create our own old pensions — INDEPENDENTLY! Sad but true, I say this because I see it every single day.

By: dove

dove — Sat, 29 Nov 2008 14:07:36 +0000

correction -”stuff roll down hill”

By: sydney

sydney — Sat, 29 Nov 2008 13:43:51 +0000

Mr.Yarde is absolutely correct in his view that the economic situation will reach guyana and that guyana is not isolated from the current econmi crisis that America and Europe face currently.
The government has always disregard the viewpoint of certain people ,but the goverment must say to the guyanese people what step has been taken in protecting guyana from the meltdown .
A very important fact to remmember is that the majority of guyanese depends on overseas support , that support will be affected by this economic situation because guyanese living overseas will loose their jobs ,and this will affect the amount of money sent home to guyana which will further affect guyanese living in guyana spending power .
Now is the time for the Gorvernment to act responsibly and listen to all concern in guyana Mr.Yard has the experience and the data at hand after representing a section of the lowest paid workers in guyana for a number of years now .Public servants will be the ones hit hardest by any FURTHER economic woes in guyana and it is wise that Mr. Yarde express his view at this time .

By: dove

dove — Sat, 29 Nov 2008 11:34:33 +0000

Guyana has been in a financial melt down for years and to say otherwise or to suggest that Guyanan would be exempt from the financial crisis which is currently existing globally would be ludacris.

From a simplified view – there are lots of prominent Guyanese all over the world who have major investments, savings, 401K and stocks which are melting away in front of their eyes each second as the market remains volatile.

As stated int the article above, there are indeed lots of poverty in Guyana and many local Guyanese citizens depends on income from their family who are overseas so as to provide for their daily existence and subsistence. Also, even though Guyana has become one of the most dangerous place to exist (because of the high factor and rate of crime), many Guyanese do return home to invest.

Now when they continue to feel the squeze of their monetary flow, see their savings and future evaporate rapidly before theirs eyes and are force to live from day to day income, they will ultimately stop spending, stop saving, stop supporting families back hom, stop travelling to Guyana to visit families and now the flow of US $$$ will slowly cease to circulate

Also the govermnet should not become complacent and should evaluate all areas which larger countries are being affected by, For example the real estate market in Guyana. Because many folks do not own their home in Guyana that does not mean that there are not unethical real estate practise.

For example, I was interested in purchasing land from an individual on the east coase and they quote me a staggering price of $175,000 US dollars for a residental and commercial transport. I thought the person lost their mind. I said to myself that I must be crazy to buy a pieced of land (that was not even 2 acres) in Guyana for that staggering price when a property and house I bought in the us combined was much less than that. Capatalism exist in Guyana which is evident by the imbalance of the “have and the have nots”.

What we are seeing unfold in the US will utimately affect lots of smaller countries, Guyana included as with the dominoe effect. As they say Stuff down hill.