Tell this ass to quit  the pontificating on jumble economics. Most of the hard cash comes from remission and if crime was not as horrific as it is that foreign influx would double. That number for remission is around 450 million or almost a half of the real economy.

 The government needs to firm up the money exchanges in guyana where the dealers are washing drug loot. This crap about the foreign exchange being maximized on the nations working class back is just the kind of crap you would expect from the PPP

Total loss...not a loss leader

How could it be with costs running at US$800/tonne and being sold for US$300/tonne? Clearly, each tonne of sugar contributes negative US$500 to the industry.

How long can this continue?

I don't know who the writer of the article is but he ought to explain if the hard currency cost is less than the final hard currency revenue per tonne. Let's say that the hard currency cost to G$ cost is 50/50. That means Guyana spends US$400 to earn US$300 per tonne even if some fairy Godmother were to write off the local currency cost per tonne.

This approach also means that Guyana is incapable of building industries that can provide US$ revenues.

RiffRaff posted:

How could it be with costs running at US$800/tonne and being sold for US$300/tonne? Clearly, each tonne of sugar contributes negative US$500 to the industry.

How long can this continue?

Imagine if they do real productive agriculture, double the sale of fish to Miami (minus the drugs) and actually begin to fabricate products from our ornamental woods rather than give it to the Chinese! If we sell more than rice but rice products, marin, cereals, bran, oil stock feed we maximize money from rice. If we use one half of our sugar cane for ethanol/methanol to create biodiesel we get a better use of sugar, help create a green economy and halve our carbon footprint.  Sugar can be used for lots of other products also.

Kari posted:

I don't know who the writer of the article is but he ought to explain if the hard currency cost is less than the final hard currency revenue per tonne. Let's say that the hard currency cost to G$ cost is 50/50. That means Guyana spends US$400 to earn US$300 per tonne even if some fairy Godmother were to write off the local currency cost per tonne.

 

This approach also means that Guyana is incapable of building industries that can provide US$ revenues.

Even Trinidad shut down BWIA, and Caroni, because they couldn't sustain the losses.

Yet the PPP thinks that Guysuco can be sustained in perpetuity? Now why didn't they apply that argument to bauxite, which sustains the economy of Linden, Ituni, and Kwakwani, and where there are fewer readily available alternate opportunities available.

CARICOM has a huge food bill.  The DR is eyeing that market, and whispering into their ears that they need to let them into CARICOM, and cease with the nonsense that Guyana can be the bread basket.

Why didn't Jagdeo use the transition period, and funds provided by the EU to shift Guyana towards being a powerful agro industrial economy.

Instead we export raw sugar, with minimal processing, and lose $500/tonne for doing so.  I bet we even lose forex, given that Guysuco is massively indebted because of Skeldon.

Its that backward line of thinking why Guyana still has  a WWII economy, even as Trinidad has surged ahead.  The irony that Guyana imports processed foods from Trinidad and Barbados!

Danyael posted:

ethanol/methanol to create biodiesel we get a better use of sugar, help create a green economy and halve our carbon footprint.  Sugar can be used for lots of other products also.

Rather than waiting on the pipe dream of a hydro dam. In fact Venezuela has black outs now as their hydro dam is running empty!

Kari posted:

I don't know who the writer of the article is but he ought to explain if the hard currency cost is less than the final hard currency revenue per tonne. Let's say that the hard currency cost to G$ cost is 50/50. That means Guyana spends US$400 to earn US$300 per tonne even if some fairy Godmother were to write off the local currency cost per tonne.

 

This approach also means that Guyana is incapable of building industries that can provide US$ revenues.

From what the writer said, most of the input cost is Guyana dollars, not 50/50.  This may be why mechanization was not pushed as it may bring about efficiencies but increase USD input costs!

caribny posted:

Danyael posted:

ethanol/methanol to create biodiesel we get a better use of sugar, help create a green economy and halve our carbon footprint.  Sugar can be used for lots of other products also.

Rather than waiting on the pipe dream of a hydro dam. In fact Venezuela has black outs now as their hydro dam is running empty!

You too funny!!  Oil ain't coming anytime soon!!

caribny posted:

Kari posted:

I don't know who the writer of the article is but he ought to explain if the hard currency cost is less than the final hard currency revenue per tonne. Let's say that the hard currency cost to G$ cost is 50/50. That means Guyana spends US$400 to earn US$300 per tonne even if some fairy Godmother were to write off the local currency cost per tonne.

 

This approach also means that Guyana is incapable of building industries that can provide US$ revenues.

Even Trinidad shut down BWIA, and Caroni, because they couldn't sustain the losses.

Yet the PPP thinks that Guysuco can be sustained in perpetuity? Now why didn't they apply that argument to bauxite, which sustains the economy of Linden, Ituni, and Kwakwani, and where there are fewer readily available alternate opportunities available.

CARICOM has a huge food bill.  The DR is eyeing that market, and whispering into their ears that they need to let them into CARICOM, and cease with the nonsense that Guyana can be the bread basket.

Why didn't Jagdeo use the transition period, and funds provided by the EU to shift Guyana towards being a powerful agro industrial economy.

Instead we export raw sugar, with minimal processing, and lose $500/tonne for doing so.  I bet we even lose forex, given that Guysuco is massively indebted because of Skeldon.

Its that backward line of thinking why Guyana still has  a WWII economy, even as Trinidad has surged ahead.  The irony that Guyana imports processed foods from Trinidad and Barbados!

Trini has oil.  It's a smaller more concentrated nation.  You talk like an empty-headed person!!

BWIA is a different story, almost all cost are forex consuming which much of the revenues were local currency.  The airline, like GAC, was not a net forex earner.

ba$eman posted:

caribny posted:

Danyael posted:

ethanol/methanol to create biodiesel we get a better use of sugar, help create a green economy and halve our carbon footprint.  Sugar can be used for lots of other products also.

Rather than waiting on the pipe dream of a hydro dam. In fact Venezuela has black outs now as their hydro dam is running empty!

You too funny!!  Oil ain't coming anytime soon!!

Oil coming when the PPP back in power.  Just like how the price of Gold surged when PPP was in power.  God bless the PPP!!!

Bibi Haniffa posted:

ba$eman posted:

caribny posted:

Danyael posted:

ethanol/methanol to create biodiesel we get a better use of sugar, help create a green economy and halve our carbon footprint.  Sugar can be used for lots of other products also.

Rather than waiting on the pipe dream of a hydro dam. In fact Venezuela has black outs now as their hydro dam is running empty!

You too funny!!  Oil ain't coming anytime soon!!

Oil coming when the PPP back in power.  Just like how the price of Gold surged when PPP was in power.  God bless the PPP!!!

Those old communists and god are not friends. If the PPP have a patron saint it is  Lucifer. They are just as good conniving deceivers. They despoil and rape Guyana just as Lucifer the viper in did to Eden.

Danyael posted:

Bibi Haniffa posted:

ba$eman posted:

caribny posted:

Danyael posted:

ethanol/methanol to create biodiesel we get a better use of sugar, help create a green economy and halve our carbon footprint.  Sugar can be used for lots of other products also.

Rather than waiting on the pipe dream of a hydro dam. In fact Venezuela has black outs now as their hydro dam is running empty!

You too funny!!  Oil ain't coming anytime soon!!

Oil coming when the PPP back in power.  Just like how the price of Gold surged when PPP was in power.  God bless the PPP!!!

Those old communists and god are not friends. If the PPP have a patron saint it is  Lucifer. They are just as good conniving deceivers. They despoil and rape Guyana just as Lucifer the viper in did to Eden.

They are some good money making communists though.  Your PNC friends have a treasury full of gold to piss away that the PPP worked for!!!!!

Bibi Haniffa posted:

Danyael posted:

Bibi Haniffa posted:

ba$eman posted:

caribny posted:

Danyael posted:

ethanol/methanol to create biodiesel we get a better use of sugar, help create a green economy and halve our carbon footprint.  Sugar can be used for lots of other products also.

Rather than waiting on the pipe dream of a hydro dam. In fact Venezuela has black outs now as their hydro dam is running empty!

You too funny!!  Oil ain't coming anytime soon!!

Oil coming when the PPP back in power.  Just like how the price of Gold surged when PPP was in power.  God bless the PPP!!!

Those old communists and god are not friends. If the PPP have a patron saint it is  Lucifer. They are just as good conniving deceivers. They despoil and rape Guyana just as Lucifer the viper in did to Eden.

They are some good money making communists though.  Your PNC friends have a treasury full of gold to piss away that the PPP worked for!!!!!

And to top it off, the AFC/PNC idiots have not even built a toilet since taking office.

These guys who support this racist, corrupt and useless AFC/PNC should be ashamed of themselves.

Bibi Haniffa posted:

Danyael posted:

Bibi Haniffa posted:

ba$eman posted:

caribny posted:

Danyael posted:

ethanol/methanol to create biodiesel we get a better use of sugar, help create a green economy and halve our carbon footprint.  Sugar can be used for lots of other products also.

Rather than waiting on the pipe dream of a hydro dam. In fact Venezuela has black outs now as their hydro dam is running empty!

You too funny!!  Oil ain't coming anytime soon!!

Oil coming when the PPP back in power.  Just like how the price of Gold surged when PPP was in power.  God bless the PPP!!!

Those old communists and god are not friends. If the PPP have a patron saint it is  Lucifer. They are just as good conniving deceivers. They despoil and rape Guyana just as Lucifer the viper in did to Eden.

They are some good money making communists though.  Your PNC friends have a treasury full of gold to piss away that the PPP worked for!!!!!

Talking pure crap as usual. The PPP drained the coffers clean. The PPP left no industry solvent and a whole heap of graft schemes to untangle.

yuji22 posted:

And to top it off, the AFC/PNC idiots have not even built a toilet since taking office.

These guys who support this racist, corrupt and useless AFC/PNC should be ashamed of themselves.

You have quite a shitty outlook on life.

Give me one Govt that built a toilet you IDIOT.

ba$eman posted:

..

From what the writer said, most of the input cost is Guyana dollars,.

yes Ravi Dev, a really objective source.

ba$eman posted:

.

Trini has oil.  It's a smaller more concentrated nation.  You talk like an empty-headed person!!

BWIA is a different story, almost all cost are forex consuming which much of the revenues were local currency.  The airline, like GAC, was not a net forex earner.

Bwee generated most of its business from West Indians living in North America and the UK.   It sourced a high % of its jet fuel out of Trinidad, I think even ferrying some of what it needed from that island to Guyana, Antigua and other places where it had to load on fuel.

In fact less than 20% of its revenues were generated in TT$, while over 60% was in US$, Cdn$, or the British pound.  About 50% of its expenses were in TT$.  Forgot that T&T produces jet fuel!

But continue to Guyanese should continue to consume Bajan food, which is 100% manufactured from food sourced from OUTSIDE of Caricom!

I can see lots of Caricom food in Guyana supermarkets.  Aside from rice I see NONE in the rest of Caricom.  Now if I were Guyana I would be talking to all of those T&T, Jamaican, and Bajan agri industrial enterprises and having them source out of Guyana.

But no you want sugar, even though the world no longer wants sugar from Guyana!

ba$eman posted:

caribny posted:

Danyael posted:

ethanol/methanol to create biodiesel we get a better use of sugar, help create a green economy and halve our carbon footprint.  Sugar can be used for lots of other products also.

Rather than waiting on the pipe dream of a hydro dam. In fact Venezuela has black outs now as their hydro dam is running empty!

You too funny!!  Oil ain't coming anytime soon!!

Was any one talking about oil?

caribny posted:

ba$eman posted:

caribny posted:

Danyael posted:

ethanol/methanol to create biodiesel we get a better use of sugar, help create a green economy and halve our carbon footprint.  Sugar can be used for lots of other products also.

Rather than waiting on the pipe dream of a hydro dam. In fact Venezuela has black outs now as their hydro dam is running empty!

You too funny!!  Oil ain't coming anytime soon!!

Was any one talking about oil?

What is your criticism of a hydro dam in referring to Venezuela!  The point, Guyana needs cheap reliable power to move the economy forward and build new layers off the basic commodity economy. Hydro is the way forward as we will not see cheap oil (the alternate) in Guyana for a very longtime!

caribny posted:

ba$eman posted:

.

Trini has oil.  It's a smaller more concentrated nation.  You talk like an empty-headed person!!

BWIA is a different story, almost all cost are forex consuming which much of the revenues were local currency.  The airline, like GAC, was not a net forex earner.

Bwee generated most of its business from West Indians living in North America and the UK.   It sourced a high % of its jet fuel out of Trinidad, I think even ferrying some of what it needed from that island to Guyana, Antigua and other places where it had to load on fuel.

In fact less than 20% of its revenues were generated in TT$, while over 60% was in US$, Cdn$, or the British pound.  About 50% of its expenses were in TT$.  Forgot that T&T produces jet fuel!

But continue to Guyanese should continue to consume Bajan food, which is 100% manufactured from food sourced from OUTSIDE of Caricom!

I can see lots of Caricom food in Guyana supermarkets.  Aside from rice I see NONE in the rest of Caricom.  Now if I were Guyana I would be talking to all of those T&T, Jamaican, and Bajan agri industrial enterprises and having them source out of Guyana.

But no you want sugar, even though the world no longer wants sugar from Guyana!

The point is Guyana has very limited options and sugar still plays a role as a foreign currency earner!  If you have an alternate to earn forex, please go tell Granger/Harmon!

PPP economics does look like the throw of a dice.

Mr.T posted:

PPP economics does look like the throw of a dice.

Vs the PNC Russian roulette!