Floating the dollar will be our only hope!

[paid_influencer]

The strategy they use is to move the exchange rate by 2 cents every other week. Nobody takes notice until it has already moved a good bit.

[RedVEVO]

Increase exports . Decrease taxes . Increase oil production. Seek new markets .
Eliminate ALL tax barriers . Govt should seek international investors with no tax incentives .
Follow thru with Manning's dream of a Financial Center like London etc.

Open up the economy and stop interfering with the private sector . Gov't joint venture - No.

What does TT have to export ?

What do we have that is in demand abroad ?

Increase what exports?

Increase oil production how?

Seek new markets like?

International investors/investment like Sandals that had multi year tax break?

What interfering in the private sector does the government currently do?

What does open up the economy mean?

You need to read a book

And stop stoning people cars on Beetham ..

Right so once it’s time for details you run and hide basically. Nice.

Ok I will keep it simple.

Never in this country we have had so much Taxes . So much bleakness in business & TT society

Even under PNM ANR with his draconian measures .

We have chased away investors and everyday PNM is destroying the financial sector.

The Gov't is sitting and doing absolutely nothing .

Are we better off today than we were 2 years ago ?

No need to keep it simple but not answer the easy questions I asked.

Rhetorical questions.

We ALL know the answers

[Allergic2BunnyEars]

The strategy they use is to move the exchange rate by 2 cents every other week. Nobody takes notice until it has already moved a good bit.

People take notice. It was spoken about the last time it occurred.

[Allergic2BunnyEars]

Increase exports . Decrease taxes . Increase oil production. Seek new markets .
Eliminate ALL tax barriers . Govt should seek international investors with no tax incentives .
Follow thru with Manning's dream of a Financial Center like London etc.

Open up the economy and stop interfering with the private sector . Gov't joint venture - No.

What does TT have to export ?

What do we have that is in demand abroad ?

Increase what exports?

Increase oil production how?

Seek new markets like?

International investors/investment like Sandals that had multi year tax break?

What interfering in the private sector does the government currently do?

What does open up the economy mean?

You need to read a book

And stop stoning people cars on Beetham ..

Right so once it’s time for details you run and hide basically. Nice.

Ok I will keep it simple.

Never in this country we have had so much Taxes . So much bleakness in business & TT society

Even under PNM ANR with his draconian measures .

We have chased away investors and everyday PNM is destroying the financial sector.

The Gov't is sitting and doing absolutely nothing .

Are we better off today than we were 2 years ago ?

No need to keep it simple but not answer the easy questions I asked.

Rhetorical questions.

We ALL know the answers

So you say but it seems more like you’re unwilling to give or simply don’t actually know the answers.

[abducted]

He does not know the answer, RedVEVO wants everyone to think he is smart, he is clueless but insists on posting in every thread, such a nuisance.

[RedVEVO]

^^^^

Ok, I will give you a couple and the others will be for your research .

Investors :

Gov't should be actively seeking investors to come to T&T.
PNM Manning knew this and he was on track with his 2020 Vision.

You do this by incentives - e.g. Similar to Mital.
To have Mital in your country give other international investors confidence .

But we chased them away . The international community saw it .
So we have become "black listed" - so to speak.

The 35% tax structure we have - nobody coming to T&T . Nobody.

Oil:

PNM should have been able to convince and negotiate the building of Oil Platforms in T&T.
But PNM negotiators failed . Do you remember who were the negotiators ? Failure !

We should be increasing production and refining Guyana's oil . But PNM cannot do.
Seeking new markets and doing partnerships with e.g. China. But China snubbed us . Why you
think ? Manning and Kamla were buddies with China . Rowley has a failed history .

The current administration thinks like this " I am Prime Minster "

And then the mic drops . Nothing .

[paid_influencer]

The strategy they use is to move the exchange rate by 2 cents every other week. Nobody takes notice until it has already moved a good bit.

People take notice. It was spoken about the last time it occurred.

The idea is to stay out of the news cycle until the move has already happened. By the time the news reporters are on the scene to report a 3% devaluation, the move is already done and the new current rate will be maintained (at least for a few months).

[abducted]

VexXx Dogg was correct, RedVEVO really sounds like PEA, lots of posts with no answers.

[RedVEVO]

The strategy they use is to move the exchange rate by 2 cents every other week. Nobody takes notice until it has already moved a good bit.

People take notice. It was spoken about the last time it occurred.

The idea is to stay out of the news cycle until the move has already happened. By the time the news reporters are on the scene to report a 3% devaluation, the move is already done and the new current rate will be maintained (at least for a few months).

Banks make money on the devaluation process .

Each day you purchase any Forex the Bank fills it's coffers .

[Allergic2BunnyEars]

^^^^

Ok, I will give you a couple and the others will be for your research .

Investors :

Gov't should be actively seeking investors to come to T&T.
PNM Manning knew this and he was on track with his 2020 Vision.

You do this by incentives - e.g. Similar to Mital.
To have Mital in your country give other international investors confidence .

But we chased them away . The international community saw it .
So we have become "black listed" - so to speak.

The 35% tax structure we have - nobody coming to T&T . Nobody.

Oil:

PNM should have been able to convince and negotiate the building of Oil Platforms in T&T.
But PNM negotiators failed . Do you remember who were the negotiators ? Failure !

We should be increasing production and refining Guyana's oil . But PNM cannot do.
Seeking new markets and doing partnerships with e.g. China. But China snubbed us . Why you
think ? Manning and Kamla were buddies with China . Rowley has a failed history .

The current administration thinks like this " I am Prime Minster "

And then the mic drops . Nothing .

The answers are always easy to come up with when sitting in your armchair.

The only facts are that oil and gas revenues have been down and the country was not diversified to cope, oil production has been on its way down before and during Manning and Kamla era, Guyana isn’t producing oil yet.

As for the other stuff you wrote it’s rum shop talk.

[RedVEVO]

^^^^

Ok, I will give you a couple and the others will be for your research .

Investors :

Gov't should be actively seeking investors to come to T&T.
PNM Manning knew this and he was on track with his 2020 Vision.

You do this by incentives - e.g. Similar to Mital.
To have Mital in your country give other international investors confidence .

But we chased them away . The international community saw it .
So we have become "black listed" - so to speak.

The 35% tax structure we have - nobody coming to T&T . Nobody.

Oil:

PNM should have been able to convince and negotiate the building of Oil Platforms in T&T.
But PNM negotiators failed . Do you remember who were the negotiators ? Failure !

We should be increasing production and refining Guyana's oil . But PNM cannot do.
Seeking new markets and doing partnerships with e.g. China. But China snubbed us . Why you
think ? Manning and Kamla were buddies with China . Rowley has a failed history .

The current administration thinks like this " I am Prime Minster "

And then the mic drops . Nothing .

The last administration was similar to the Manning administration .

You spend and activate the economy . Yes you borrow and borrow .

But while you borrow you are developing and investors will have confidence .

Today we are stagnant with economic policies that are destroying the financial sector .

If you connect the dots it will lead back to Forex . Exports have to more than Imports .

[Allergic2BunnyEars]

The strategy they use is to move the exchange rate by 2 cents every other week. Nobody takes notice until it has already moved a good bit.

People take notice. It was spoken about the last time it occurred.

The idea is to stay out of the news cycle until the move has already happened. By the time the news reporters are on the scene to report a 3% devaluation, the move is already done and the new current rate will be maintained (at least for a few months).

You make it seem like news reporters could influence things otherwise. It’s not a conspiracy. Easier to let things drift slowly too so as to not cause price shock I would think. Would you rather they went from 6.8 to 7.5 overnight?

[RedVEVO]

The strategy they use is to move the exchange rate by 2 cents every other week. Nobody takes notice until it has already moved a good bit.

People take notice. It was spoken about the last time it occurred.

The idea is to stay out of the news cycle until the move has already happened. By the time the news reporters are on the scene to report a 3% devaluation, the move is already done and the new current rate will be maintained (at least for a few months).

You make it seem like news reporters could influence things otherwise. It’s not a conspiracy. Easier to let things drift slowly too so as to not cause price shock I would think. Would you rather they went from 6.8 to 7.5 overnight?

Reports can influence markets .

They can do it with Fake News.

[Allergic2BunnyEars]

^^^^

Ok, I will give you a couple and the others will be for your research .

Investors :

Gov't should be actively seeking investors to come to T&T.
PNM Manning knew this and he was on track with his 2020 Vision.

You do this by incentives - e.g. Similar to Mital.
To have Mital in your country give other international investors confidence .

But we chased them away . The international community saw it .
So we have become "black listed" - so to speak.

The 35% tax structure we have - nobody coming to T&T . Nobody.

Oil:

PNM should have been able to convince and negotiate the building of Oil Platforms in T&T.
But PNM negotiators failed . Do you remember who were the negotiators ? Failure !

We should be increasing production and refining Guyana's oil . But PNM cannot do.
Seeking new markets and doing partnerships with e.g. China. But China snubbed us . Why you
think ? Manning and Kamla were buddies with China . Rowley has a failed history .

The current administration thinks like this " I am Prime Minster "

And then the mic drops . Nothing .

The last administration was similar to the Manning administration .

You spend and activate the economy . Yes you borrow and borrow .

But while you borrow you are developing and investors will have confidence .

Today we are stagnant with economic policies that us destroying the financial sector .

If you connect the dots it will lead back to Forex . Exports have to more than Imports .

Yeah the last administration spent so much we should be going great all now according to your logic. We were stagnant even before this current administration took office. What new foreign direct investment was there under the previous administration that led to economic diversification?

The only thing that has worked in our favor before was high energy prices. Certainly not any special skills exhibited by past administrations.

[paid_influencer]

i actually agree with the moves by the Government. I am not in favor of any devaluation.

Reduce the amount of Forex available, and you will see substitute goods taking hold in the market. Not necessarily locally produced goods, but still goods imported at a cheaper cost. The market will balance.

As an aside, Jamaica's dollar started at 1:1 to a USD at the time of their independence. Today, it is J$131 : 1USD. Do you think this change was good for Jamaicans?

[The_Honourable]

Ok I will keep it simple.

Never in this country we have had so much Taxes. So much bleakness in business & TT society

Even under PNM ANR with his draconian measures .

We have chased away investors and everyday PNM is destroying the financial sector.

The Gov't is sitting and doing absolutely nothing .

Are we better off today than we were 2 years ago ?

Rowley doing crap but we are not near the draconian measures as in the Robinson days since the country did went to the IMF. This is what PNM trying to get away from politically because that would be political death as what happened with the NAR.

If things happened today as in Robinson days, most state entities will be forced to shut down or be privatized, public servants would loose about 1/2 dey salary, a currency devaluation, and many retail chains and businesses would go into receivership/bankruptcy. We are about an inch away from that.

[agent007]

Guys, I’m not sure how many of us know this but the govt is borrowing money to pay bills right now, we can’t sustain this and sooner or later we’re going to collapse.

[RedVEVO]

Guys, I’m not sure how many of us know this but the govt is borrowing money to pay bills right now, we can’t sustain this and sooner or later we’re going to collapse.

This is a big propaganda .

If you borrowing money to pay bills , well you should not be in Gov't.

You borrow for investment purposes .

Same with private citizens

[sMASH]

i actually agree with the moves by the Government. I am not in favor of any devaluation.

Reduce the amount of Forex available, and you will see substitute goods taking hold in the market. Not necessarily locally produced goods, but still goods imported at a cheaper cost. The market will balance.

As an aside, Jamaica's dollar started at 1:1 to a USD at the time of their independence. Today, it is J$131 : 1USD. Do you think this change was good for Jamaicans?

And who will be getting the USd?

The reduced availability already has an effect on many smaller businesses, where they have to contract their operations, cut costs.
Then a lot of big businesses bring in a lot of foreign stuff.

By having it this way, u can pick and choose who gets and who doesn't, and that is maximum corruption.

Float the dollar, and who wants it more will pay more.

[RedVEVO]

Ok I will keep it simple.

Never in this country we have had so much Taxes. So much bleakness in business & TT society

Even under PNM ANR with his draconian measures .

We have chased away investors and everyday PNM is destroying the financial sector.

The Gov't is sitting and doing absolutely nothing .

Are we better off today than we were 2 years ago ?

Rowley doing crap but we are not near the draconian measures as in the Robinson days since the country did went to the IMF. This is what PNM trying to get away from politically because that would be political death as what happened with the NAR.

If things happened today as in Robinson days, most state entities will be forced to shut down or be privatized, public servants would loose about 1/2 dey salary, a currency devaluation, and many retail chains and businesses would go into receivership/bankruptcy. We are about an inch away from that.

Apparently Tobago born PMs bring chaos

We need PMs with Leadership and Vision.

[RedVEVO]

i actually agree with the moves by the Government. I am not in favor of any devaluation.

Reduce the amount of Forex available, and you will see substitute goods taking hold in the market. Not necessarily locally produced goods, but still goods imported at a cheaper cost. The market will balance.

As an aside, Jamaica's dollar started at 1:1 to a USD at the time of their independence. Today, it is J$131 : 1USD. Do you think this change was good for Jamaicans?

And who will be getting the USd?

The reduced availability already has an effect on many smaller businesses, where they have to contract their operations, cut costs.
Then a lot of big businesses bring in a lot of foreign stuff.

By having it this way, u can pick and choose who gets and who doesn't, and that is maximum corruption.

Float the dollar, and who wants it more will pay more.

No, no, no ... and hell no

It is NOT that simple .

What you suggest is already happening .

You do not eliminate a fire by throwing premium gas as a substitute for water

[RedVEVO]

^^^^

What we have in the Forex Market is an allocation problem .

It will create an imbalance and then a thriving black market .

The situation will then lead to elimination of the "middle class" business .

The PNM wants to eliminate the small business man .

[zoom rader]

^^^^

What we have in the Forex Market is an allocation problem .

It will create an imbalance and then a thriving black market .

The situation will then lead to elimination of the "middle class" business .

The PNM wants to eliminate the small business man .

Non PNM governments placed economic power in the hands of citizens.

With a PNM government they take that right away and leave you in slave mode.

[RBphoto]

Yes, an immediate float would be beneficial. It will crush the black market and free up USD for trade. It will only work if they also remove the caps on how much an individual can acquire and the ridiculous waiting period.

[airuma]

Wait nah, RedVEVO is a PEPper or wah? That sounds like PEA almost verbatim

I share this opinion.

[eliteauto]

Yes, an immediate float would be beneficial. It will crush the black market and free up USD for trade. It will only work if they also remove the caps on how much an individual can acquire and the ridiculous waiting period.

where the $US gonna come from?

[moses_boss12]

^^^^

Ok, I will give you a couple and the others will be for your research .

Investors :

Gov't should be actively seeking investors to come to T&T.
PNM Manning knew this and he was on track with his 2020 Vision.

You do this by incentives - e.g. Similar to Mital.
To have Mital in your country give other international investors confidence .

But we chased them away . The international community saw it .
So we have become "black listed" - so to speak.

The 35% tax structure we have - nobody coming to T&T . Nobody.

Oil:

PNM should have been able to convince and negotiate the building of Oil Platforms in T&T.
But PNM negotiators failed . Do you remember who were the negotiators ? Failure !

We should be increasing production and refining Guyana's oil . But PNM cannot do.
Seeking new markets and doing partnerships with e.g. China. But China snubbed us . Why you
think ? Manning and Kamla were buddies with China . Rowley has a failed history .

The current administration thinks like this " I am Prime Minster "

And then the mic drops . Nothing .

The answers are always easy to come up with when sitting in your armchair.

The only facts are that oil and gas revenues have been down and the country was not diversified to cope, oil production has been on its way down before and during Manning and Kamla era, Guyana isn’t producing oil yet.

As for the other stuff you wrote it’s rum shop talk.

98% of what he speaks is rum shop talk

[RedVEVO]

^^^^

Ok, I will give you a couple and the others will be for your research .

Investors :

Gov't should be actively seeking investors to come to T&T.
PNM Manning knew this and he was on track with his 2020 Vision.

You do this by incentives - e.g. Similar to Mital.
To have Mital in your country give other international investors confidence .

But we chased them away . The international community saw it .
So we have become "black listed" - so to speak.

The 35% tax structure we have - nobody coming to T&T . Nobody.

Oil:

PNM should have been able to convince and negotiate the building of Oil Platforms in T&T.
But PNM negotiators failed . Do you remember who were the negotiators ? Failure !

We should be increasing production and refining Guyana's oil . But PNM cannot do.
Seeking new markets and doing partnerships with e.g. China. But China snubbed us . Why you
think ? Manning and Kamla were buddies with China . Rowley has a failed history .

The current administration thinks like this " I am Prime Minster "

And then the mic drops . Nothing .

The answers are always easy to come up with when sitting in your armchair.

The only facts are that oil and gas revenues have been down and the country was not diversified to cope, oil production has been on its way down before and during Manning and Kamla era, Guyana isn’t producing oil yet.

As for the other stuff you wrote it’s rum shop talk.

98% of what he speaks is rum shop talk

Current PNM Gov't clueless . They drinking bush rum .

Did we not lose the BP Platform contracts ? Jobs for everybody EXCEPT in T&T

Were we not snubbed by the Chinese ? Investing everywhere EXCEPT in T&T

Where are the international investors ? Sandals say no, no, no.

Whose supporters always protesting with violent intent ?

Yes, yes, yes . What rum shop talk ?

[zoom rader]

Wait nah, RedVEVO is a PEPper or wah? That sounds like PEA almost verbatim

I share this opinion.

From the very same ppl that hoarding the US.

Yes, an immediate float would be beneficial. It will crush the black market and free up USD for trade. It will only work if they also remove the caps on how much an individual can acquire and the ridiculous waiting period.

where the $US gonna come from?

[car]

Guys, I’m not sure how many of us know this but the govt is borrowing money to pay bills right now, we can’t sustain this and sooner or later we’re going to collapse.

Gubberment invested in many speed cameras/guns to solve this problem.

Man say tax break and reduce tax. Allyuh cussing the gubberment.