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So Trinidad trading toilet paper for oil now....what's next.

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playerskrew
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So Trinidad trading toilet paper for oil now....what's next.

Postby playerskrew » February 26th, 2015, 4:34 pm

http://fuelfix.com/blog/2015/02/25/tiss ... -trinidad/

Venezuela, plagued with shortages of basic goods, was offered a reprieve by the Prime Minister of neighboring Trinidad and Tobago: exchange oil for tissue paper.

Prime Minister Kamla Persad-Bissessar suggested an oil-for-tissue swap in a news conference Tuesday following a meeting in Port of Spain with Venezuelan President Nicolas Maduro. She said the deal would benefit both countries.

“The concept of commodity sharing is simple -– the Government of Trinidad and Tobago will purchase goods identified by the Government of Venezuela from T&T’s manufacturers, such as tissue paper, gasoline, and parts for machinery,” Persad-Bissessar said.

In Venezuela, which has the world’s largest oil reserves, citizens line up outside supermarkets for hours seeking a bag of clothing detergent, toilet paper or cooking oil. Price controls and a lack of dollars for importers have emptied stores of many basic goods, a situation Maduro blames on hoarders conducting an “economic war” against his socialist government.

Officials at Venezuela’s Information Ministry declined to comment.

Buffeted by plunging oil prices, Venezuela’s economy will contract 7 percent this year, according to the International Monetary Fund, while inflation, which accelerated to 69 percent in December, is already the fastest in the world. According to the constitution, Maduro must call legislative elections by the end of the year.

‘Political Room’

“Economic recession, high inflation, and growing shortages have weakened public support for the government, likely reducing its political room to introduce difficult corrective economic measures that would improve its external liquidity position,” Standard & Poor’s said in a Feb. 9 report.

While in Trinidad, Latin America’s biggest exporter of liquefied natural gas, Maduro and Persad-Bissessar discussed the commercialization of cross-border natural gas reserves.

Persad-Bissessar presented the swap proposal as a win-win opportunity for the two nations, separated by an 11-kilometer (6.8-mile) strait off Venezuela’s northeast coast.

Tissue paper and other goods “would then be traded for commodities that are needed for our industries –- in particular bitumen and crude oil -– which can be supplied by Venezuela,” she said, adding that “this proposal is at an planning stages, and we recognize that a monitoring mechanism would be key to its success.”

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nos_specialist
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Re: So Trinidad trading toilet paper for oil now....what's n

Postby nos_specialist » February 26th, 2015, 4:39 pm

Damn dat harsh

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konartis
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Re: So Trinidad trading toilet paper for oil now....what's n

Postby konartis » February 26th, 2015, 5:41 pm

don't see an issue with this.....Op is obviously a PNM....

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Re: So Trinidad trading toilet paper for oil now....what's n

Postby j.o.e » February 26th, 2015, 5:45 pm

Win-win....Venezuela could send some girls too

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Re: So Trinidad trading toilet paper for oil now....what's n

Postby Habit7 » February 26th, 2015, 5:46 pm

Now is good time to open a tp factory.

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Re: So Trinidad trading toilet paper for oil now....what's n

Postby pioneer » February 26th, 2015, 6:30 pm

Clearly OP is new to economics/life.

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Re: So Trinidad trading toilet paper for oil now....what's n

Postby Country_Bookie » February 26th, 2015, 6:36 pm

OP vex we gonna export toilet paper.......I'm guessing OP needs lots of TP

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Re: So Trinidad trading toilet paper for oil now....what's n

Postby Morpheus » February 26th, 2015, 6:41 pm

LoL all I see is OP post an article......

Man get label PNM oui.




Election time cometh..... :lol:

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pioneer
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Re: So Trinidad trading toilet paper for oil now....what's n

Postby pioneer » February 26th, 2015, 7:07 pm

OP can't be ah PNM doe...PNM dunno wha is toilet paper.

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Re: So Trinidad trading toilet paper for oil now....what's n

Postby DVSTT » February 26th, 2015, 7:20 pm

j.o.e wrote:Win-win....Venezuela could send some girls too


:grin::grin::grin:

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Re: So Trinidad trading toilet paper for oil now....what's n

Postby Rajeevr84 » February 26th, 2015, 7:24 pm

Image

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Re: So Trinidad trading toilet paper for oil now....what's n

Postby pioneer » February 26th, 2015, 7:27 pm

Nah   

dredman1
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Re: So Trinidad trading toilet paper for oil now....what's n

Postby dredman1 » February 26th, 2015, 8:27 pm

Wonder how the US gov't would view this move?

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Re: So Trinidad trading toilet paper for oil now....what's n

Postby black start » February 26th, 2015, 8:29 pm

j.o.e wrote:Win-win....Venezuela could send some girls too


quoted with hope...

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Re: So Trinidad trading toilet paper for oil now....what's n

Postby 1UZFE » February 26th, 2015, 8:32 pm

Kamla is a bawse.
Trade chit paper for oil.
Dats like tobagonians and dey land..

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Mark!
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Re: So Trinidad trading toilet paper for oil now....what's n

Postby Mark! » February 26th, 2015, 11:26 pm

Damn you kamz.
Jus when my designs for the tp driven engine to be finalized

daniel1908TT
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Re: So Trinidad trading toilet paper for oil now....what's n

Postby daniel1908TT » February 27th, 2015, 3:01 am

:shock:
Last edited by daniel1908TT on August 6th, 2016, 2:01 pm, edited 1 time in total.

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Re: So Trinidad trading toilet paper for oil now....what's n

Postby dougla_boy » February 27th, 2015, 7:37 am

daniel1908TT wrote:
1UZFE wrote:Kamla is a bawse.
Trade chit paper for oil.
Dats like tobagonians and dey land..


Very disrespectful! Moderators where are you?


fcuk u bai....fcuk kams too

d fok

anyways.......she should trade tp for hoes...... 8-)

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1UZFE
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Re: So Trinidad trading toilet paper for oil now....what's n

Postby 1UZFE » February 27th, 2015, 10:34 am

dougla_boy wrote:
daniel1908TT wrote:
1UZFE wrote:Kamla is a bawse.
Trade chit paper for oil.
Dats like tobagonians and dey land..


Very disrespectful! Moderators where are you?


fcuk u bai....fcuk kams too

d fok

anyways.......she should trade tp for hoes...... 8-)

Fcuk you db.
How dear u call dem hoes.
She cud trade cassava for vene..

Redman
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Re: So Trinidad trading toilet paper for oil now....what's n

Postby Redman » February 27th, 2015, 10:42 am

Uh we buying hydro carons from Ven long time now.

Its just a change in what we pay with.

The details of the transaction is the killer.

How you valuing what and WHO from amongst the local manufacturers will supply what.

Ripe for abuse.

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Cooloh
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Re: So Trinidad trading toilet paper for oil now....what's n

Postby Cooloh » February 27th, 2015, 10:57 am

1UZFE wrote:
dougla_boy wrote:
daniel1908TT wrote:
1UZFE wrote:Kamla is a bawse.
Trade chit paper for oil.
Dats like tobagonians and dey land..


Very disrespectful! Moderators where are you?


fcuk u bai....fcuk kams too

d fok

anyways.......she should trade tp for hoes...... 8-)

Fcuk you db.
How dear u call dem hoes.
She cud trade cassava for vene..

Endorsed! :idea:

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j.o.e
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Re: So Trinidad trading toilet paper for oil now....what's n

Postby j.o.e » February 27th, 2015, 11:05 am

Redman wrote:Uh we buying hydro carons from Ven long time now.

Its just a change in what we pay with.

The details of the transaction is the killer.

How you valuing what and WHO from amongst the local manufacturers will supply what.

Ripe for abuse.


I agree..it would be much simpler if we pay for hoes with White Cloud and Soft n Pretty and let the girls send home for their families.
Much more transparent transaction

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Dragsta
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Re: So Trinidad trading toilet paper for oil now....what's n

Postby Dragsta » February 27th, 2015, 11:12 am

tahts a excellent trade.. mo oil fe we... wha OP see wrong wit that?

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dougla_boy
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Re: So Trinidad trading toilet paper for oil now....what's n

Postby dougla_boy » February 27th, 2015, 11:15 am

1UZFE wrote:
dougla_boy wrote:
daniel1908TT wrote:
1UZFE wrote:Kamla is a bawse.
Trade chit paper for oil.
Dats like tobagonians and dey land..


Very disrespectful! Moderators where are you?


fcuk u bai....fcuk kams too

d fok

anyways.......she should trade tp for hoes...... 8-)

Fcuk you db.
How dear u call dem hoes.
She cud trade cassava for vene..


dem like that wen ah hit dem 2 slap.... :oops:


8-)

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supercharged turbo
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Re: So Trinidad trading toilet paper for oil now....what's n

Postby supercharged turbo » February 27th, 2015, 11:18 am

Official trade ched?

newton
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Re: So Trinidad trading toilet paper for oil now....what's n

Postby newton » February 27th, 2015, 11:35 am

Heavy crude :|

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Dizzy28
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Re: So Trinidad trading toilet paper for oil now....what's n

Postby Dizzy28 » February 27th, 2015, 11:41 am

Toilet Paper for Oil....if it happens Kamz hadda get loud up for brilliancy!!

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BRZ
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Re: So Trinidad trading toilet paper for oil now....what's n

Postby BRZ » February 27th, 2015, 11:51 am

pioneer wrote:OP can't be ah PNM doe...PNM dunno wha is toilet paper.



DUHHH- everyone knows yuh don't try to clean sh1t using sh1t ! so why would they know what is toilet paper!

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nervewrecker
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Re: So Trinidad trading toilet paper for oil now....what's n

Postby nervewrecker » February 27th, 2015, 11:56 am

Redman wrote:Uh we buying hydro carons from Ven long time now.

Its just a change in what we pay with.

The details of the transaction is the killer.

How you valuing what and WHO from amongst the local manufacturers will supply what.

Ripe for abuse.

I was staying quiet till we get to read the fine print on this.

Sounds good but I suspect a pocket about to get filled.

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mero
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Re: So Trinidad trading toilet paper for oil now....what's n

Postby mero » February 27th, 2015, 1:08 pm

pirogues filled with TP and Chickies by the fleet loads pumping Vene everyday from Cedros and Erin.

gonna be an extra bloody year

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