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Kickstart wrote:For the last time the cause of this bad economy is not due to covid. It is the policies put in place by the government. They are shifting the blame on covid when in fact its their own policies , taxation and lost of job that is the root causeHabit7 wrote:Kickstart wrote:
Lets see a tax was placed on online shopping because
i. of forex
ii. local powerful businessmen complained that online shopping affecting their sales.
so these measures are put in place but what has that caused ? and dont blame Covid as this was way before Covid.
The economy is not looking good and the measures in place is not working. People are just not spending
This was before covid https://oxfordbusinessgroup.com/news/wh ... -forecasts
As I pointed out before on some other lament thread, the TT economy was projected for growth, not by Imbert, but by independent international financial observers, or as some like to call them PNM.
Of course the economy is not looking good now because of covid. But 8mths ago we had a choice in who we wanted to carry us through the storm and the majority of ppl choose PNM again. So things are not going to turn around in a day, stop whining and lamenting and just deal with what T&T and the majority of world countries are facing right now.
As MP imbert said" they have not rioted yet" these are the new measures that they put out on test.
Kickstart wrote:For the last time the cause of this bad economy is not due to covid. It is the policies put in place by the government. They are shifting the blame on covid when in fact its their own policies , taxation and lost of job that is the root causeHabit7 wrote:Kickstart wrote:
Lets see a tax was placed on online shopping because
i. of forex
ii. local powerful businessmen complained that online shopping affecting their sales.
so these measures are put in place but what has that caused ? and dont blame Covid as this was way before Covid.
The economy is not looking good and the measures in place is not working. People are just not spending
This was before covid https://oxfordbusinessgroup.com/news/wh ... -forecasts
As I pointed out before on some other lament thread, the TT economy was projected for growth, not by Imbert, but by independent international financial observers, or as some like to call them PNM.
Of course the economy is not looking good now because of covid. But 8mths ago we had a choice in who we wanted to carry us through the storm and the majority of ppl choose PNM again. So things are not going to turn around in a day, stop whining and lamenting and just deal with what T&T and the majority of world countries are facing right now.
As MP imbert said" they have not rioted yet" these are the new measures that they put out on test.
It appears to me that posters who are in favour of the government are making excuses for them . There seems to be a handful of these posters to which and I am sure that there are many other s who don't agree with the excuses. One such poster was caught back pedaling when confronted.sam1978 wrote:You seem to be in la la land too or just trying to make excuses for the govt . Some form of diversification would have been better than sitting idly by and doing nothing.
At least it would have put us in a better position in the future at a closer time. Worse than that they are inviting friends over to share in what is a quickly shrinking pantry of resources , and allowing illegals to enter at will by not properly securing the borders. Forex is at an all time low with no signs of increasing soon and when we start to bawl for shortages , the guests just have to go to somebody else house .
I not too worried because the new “hero” MONS will come to our rescue . He will do what is needed to correct the influx of venes.
Btw it’s compounded , not expounded.
Kickstart wrote:It appears to me that posters who are in favour of the government are making excuses for them . There seems to be a handful of these posters to which and I am sure that there are many other s who don't agree with the excuses. One such poster was caught back pedaling when confronted.sam1978 wrote:You seem to be in la la land too or just trying to make excuses for the govt . Some form of diversification would have been better than sitting idly by and doing nothing.
At least it would have put us in a better position in the future at a closer time. Worse than that they are inviting friends over to share in what is a quickly shrinking pantry of resources , and allowing illegals to enter at will by not properly securing the borders. Forex is at an all time low with no signs of increasing soon and when we start to bawl for shortages , the guests just have to go to somebody else house .
I not too worried because the new “hero” MONS will come to our rescue . He will do what is needed to correct the influx of venes.
Btw it’s compounded , not expounded.
sam1978 wrote:This govt has been here for five + years and have they taken steps to do so?
Forex is scarce, if we keep at this rate would it get better or would it deplete? When it’s done , what would our purchases come from?
Expounded means to explain ,compounded means to aggravate or increase , so I should leave it and don’t say anything and say it’s a typo? Allyuh good yes!
adnj wrote:.....
sam1978 wrote:Let’s try again.
No diversification.
Low forex supply.
Influx of illegal immigrants.
Country finances in a bad shape.
Compound means increase or aggravate.
Which one is incorrect ? (without childish memes and attacks)
adnj wrote:sam1978 wrote:Let’s try again.
No diversification.
Low forex supply.
Influx of illegal immigrants.
Country finances in a bad shape.
Compound means increase or aggravate.
Which one is incorrect ? (without childish memes and attacks)
Aggravate? Aggregate, yes.
The country's wealth is attributed to its large reserves and exploitation of oil and natural gas. ... Oil and gas account for about 40% of GDP and 80% of exports, but only 5% of employment.
Lots of oil wealth for 30 years coming to an end. If you don't have a plan by now, it's too late.
adnj wrote:sam1978 wrote:Let’s try again.
No diversification.
Low forex supply.
Influx of illegal immigrants.
Country finances in a bad shape.
Compound means increase or aggravate.
Which one is incorrect ? (without childish memes and attacks)
Aggravate? Aggregate, yes.
The country's wealth is attributed to its large reserves and exploitation of oil and natural gas. ... Oil and gas account for about 40% of GDP and 80% of exports, but only 5% of employment.
Lots of oil wealth for 30 years coming to an end. If you don't have a plan by now, it's too late.
If anything, I am getting fed of how cynical this place getting. Everybody has a lament about what others should do and not one extra responsibility is put on themself.sam1978 wrote:Let’s try again.
No diversification.
Low forex supply.
Influx of illegal immigrants.
Country finances in a bad shape.
Compound means increase or aggravate.
Which one is incorrect ? (without childish memes and attacks)
pugboy wrote:you talking about gravel ?adnj wrote:sam1978 wrote:Let’s try again.
No diversification.
Low forex supply.
Influx of illegal immigrants.
Country finances in a bad shape.
Compound means increase or aggravate.
Which one is incorrect ? (without childish memes and attacks)
Aggravate? Aggregate, yes.
The country's wealth is attributed to its large reserves and exploitation of oil and natural gas. ... Oil and gas account for about 40% of GDP and 80% of exports, but only 5% of employment.
Lots of oil wealth for 30 years coming to an end. If you don't have a plan by now, it's too late.
Habit7 wrote:If anything, I am getting fed of how cynical this place getting. Everybody has a lament about what others should do and not one extra responsibility is put on themself.sam1978 wrote:Let’s try again.
No diversification.
Low forex supply.
Influx of illegal immigrants.
Country finances in a bad shape.
Compound means increase or aggravate.
Which one is incorrect ? (without childish memes and attacks)
You have a main salary and might have varying side hustles. To make your side hustles as large as your main salary requires tremendous work and time, more than likely is not going to happen or as you retire, you can focus on 1 of your side hustles and try and bloom it.
To be crying diversify, diversify when for the last 60yrs we have a goose that constantly laying a gold egg, you want us to match that with something else? That won't be in 5yrs probably neither 10. Income from oil and gas has made us one of the best economies in the region to live in and made us the envy of others, only for some entitled ungratefuls to be crying every morning about how tough it is here. I am sure most of you never travelled around the region beyond the USA.
Also, when the British took over Trinidad from the Spanish the island had less than 3000 ppl here and was woefully underpopulated. Throughout the history of Trinidad, there has been migration here especially drawn by the good economy you are now decrying. Venezuelans have been coming here illegally for years as it is impossible to seal a border. The current issues now in Venezuela is a further push factor for them coming and it is not that TT is pulling them here. The US and EU with the strongest and most funded militaries in the world can't stop their influx of migrants. But some cynic here in Trinidad believes that there is some magic button to press to stop illegal migration? They are coming and in a few years will be grateful that they did just like the other migrants because our ageing population means we are having a shrinking workforce. They are buying us some time.
The forex problem is a result of falling oil and gas prices since 2014 which are the greatest source of or forex. Until we can ramp back up production, forex will start to stabilise. But even as you argue about compound and expound, "Forex is at an all time low" is a very wrong statement. Also, our forex problem is also a result of our high-income economy and our lust for imported goods. Just devaluing the TT will not solve the problem and will hurt the poorest most.
Habit7 wrote:If anything, I am getting fed of how cynical this place getting. Everybody has a lament about what others should do and not one extra responsibility is put on themself.sam1978 wrote:Let’s try again.
No diversification.
Low forex supply.
Influx of illegal immigrants.
Country finances in a bad shape.
Compound means increase or aggravate.
Which one is incorrect ? (without childish memes and attacks)
You have a main salary and might have varying side hustles. To make your side hustles as large as your main salary requires tremendous work and time, more than likely is not going to happen or as you retire, you can focus on 1 of your side hustles and try and bloom it.
To be crying diversify, diversify when for the last 60yrs we have a goose that constantly laying a gold egg, you want us to match that with something else? That won't be in 5yrs probably neither 10. Income from oil and gas has made us one of the best economies in the region to live in and made us the envy of others, only for some entitled ungratefuls to be crying every morning about how tough it is here. I am sure most of you never travelled around the region beyond the USA.
Also, when the British took over Trinidad from the Spanish the island had less than 3000 ppl here and was woefully underpopulated. Throughout the history of Trinidad, there has been migration here especially drawn by the good economy you are now decrying. Venezuelans have been coming here illegally for years as it is impossible to seal a border. The current issues now in Venezuela is a further push factor for them coming and it is not that TT is pulling them here. The US and EU with the strongest and most funded militaries in the world can't stop their influx of migrants. But some cynic here in Trinidad believes that there is some magic button to press to stop illegal migration? They are coming and in a few years will be grateful that they did just like the other migrants because our ageing population means we are having a shrinking workforce. They are buying us some time.
The forex problem is a result of falling oil and gas prices since 2014 which are the greatest source of or forex. Until we can ramp back up production, forex will start to stabilise. But even as you argue about compound and expound, "Forex is at an all time low" is a very wrong statement. Also, our forex problem is also a result of our high-income economy and our lust for imported goods. Just devaluing the TT will not solve the problem and will hurt the poorest most.
elec2020 wrote:Habit7 wrote:If anything, I am getting fed of how cynical this place getting. Everybody has a lament about what others should do and not one extra responsibility is put on themself.sam1978 wrote:Let’s try again.
No diversification.
Low forex supply.
Influx of illegal immigrants.
Country finances in a bad shape.
Compound means increase or aggravate.
Which one is incorrect ? (without childish memes and attacks)
You have a main salary and might have varying side hustles. To make your side hustles as large as your main salary requires tremendous work and time, more than likely is not going to happen or as you retire, you can focus on 1 of your side hustles and try and bloom it.
To be crying diversify, diversify when for the last 60yrs we have a goose that constantly laying a gold egg, you want us to match that with something else? That won't be in 5yrs probably neither 10. Income from oil and gas has made us one of the best economies in the region to live in and made us the envy of others, only for some entitled ungratefuls to be crying every morning about how tough it is here. I am sure most of you never travelled around the region beyond the USA.
Also, when the British took over Trinidad from the Spanish the island had less than 3000 ppl here and was woefully underpopulated. Throughout the history of Trinidad, there has been migration here especially drawn by the good economy you are now decrying. Venezuelans have been coming here illegally for years as it is impossible to seal a border. The current issues now in Venezuela is a further push factor for them coming and it is not that TT is pulling them here. The US and EU with the strongest and most funded militaries in the world can't stop their influx of migrants. But some cynic here in Trinidad believes that there is some magic button to press to stop illegal migration? They are coming and in a few years will be grateful that they did just like the other migrants because our ageing population means we are having a shrinking workforce. They are buying us some time.
The forex problem is a result of falling oil and gas prices since 2014 which are the greatest source of or forex. Until we can ramp back up production, forex will start to stabilise. But even as you argue about compound and expound, "Forex is at an all time low" is a very wrong statement. Also, our forex problem is also a result of our high-income economy and our lust for imported goods. Just devaluing the TT will not solve the problem and will hurt the poorest most.
when the persons strongest talking point is because i used an incorrect word shows that they are nothing more but a fool
sam1978 wrote:
The forex is a result of falling oil and gas prices since 2014, what should we do? Wait for another windfall or start doing something , at least to make an easier transition to the time when we can’t depend on it any more. If we start from now to prepare for the next twenty years , we might have a chance?
Comparing the migrant situation to when the population was 3000? It’s different now plus the economic situation were in doesn’t support illegal, wanton immigration. It has to be controlled both for numbers and to have a record who is here. We can’t sit and do nothing like what applies now. Don’t excuse it because our, mine and yours, govt isn’t doing what they’re supposed to be doing.
PNM Plan A failed and plan B is no plan but more taxes with less services. Government is taking the agv Joe for a ride.Habit7 wrote:sam1978 wrote:
The forex is a result of falling oil and gas prices since 2014, what should we do? Wait for another windfall or start doing something , at least to make an easier transition to the time when we can’t depend on it any more. If we start from now to prepare for the next twenty years , we might have a chance?
Comparing the migrant situation to when the population was 3000? It’s different now plus the economic situation were in doesn’t support illegal, wanton immigration. It has to be controlled both for numbers and to have a record who is here. We can’t sit and do nothing like what applies now. Don’t excuse it because our, mine and yours, govt isn’t doing what they’re supposed to be doing.
Things were done. We changed our taxation policy to the international oil companies and we restructured our national oil company, we were gaining access to cross border gas and we started production on shared border gas. All those things were to shore up our bread and butter oil and gas. Both World Bank and IMF forecasted increasing growth in 2019 and beyond. Then covid-19 came.
With diversification, govt tried to bring Sandals, Opposition proudly boasted that they scuttled that with bad press. La Brea shipbuilding yard is yet to start, that is solely govt's fault probably because of lack of funding from TT or China. But whether we like it or not we are tied to oil and gas, only when its tide rises, other boats can float.
Well, you are either mischaracterising or plain lying about immigration. It is not wanton. Illegal Venezuelans have been welcomed to register and given temporary residence. All others when captured have been deported to the condemnation of many international groups. It is controlled to the best of our ability but the will for ppl to flee Venezuela is greater than our ability to stop it and ppl still arrive illegally, just like in the US and Europe.
If you are saying that there exists some govt that can grow our economy during low oil and prices, a pandemic and completely lockdown the border with Venezuela, then you are selling pipedreams. So come with solutions to our problems, not just complaints.
I have been reading your post for some time now and when you are challenged and can't respond your excuses is to reply with an "ok or noted" . That to me and I am sure others will see you as a coward.elec2020 wrote:^ok aggravate
The forex problems is a result of bad economic policies set out by the present government. It has nothing to do with oil & gas . We have been a gas based economy for some time now and not oil & gas.Habit7 wrote:If anything, I am getting fed of how cynical this place getting. Everybody has a lament about what others should do and not one extra responsibility is put on themself.sam1978 wrote:Let’s try again.
No diversification.
Low forex supply.
Influx of illegal immigrants.
Country finances in a bad shape.
Compound means increase or aggravate.
Which one is incorrect ? (without childish memes and attacks)
You have a main salary and might have varying side hustles. To make your side hustles as large as your main salary requires tremendous work and time, more than likely is not going to happen or as you retire, you can focus on 1 of your side hustles and try and bloom it.
To be crying diversify, diversify when for the last 60yrs we have a goose that constantly laying a gold egg, you want us to match that with something else? That won't be in 5yrs probably neither 10. Income from oil and gas has made us one of the best economies in the region to live in and made us the envy of others, only for some entitled ungratefuls to be crying every morning about how tough it is here. I am sure most of you never travelled around the region beyond the USA.
Also, when the British took over Trinidad from the Spanish the island had less than 3000 ppl here and was woefully underpopulated. Throughout the history of Trinidad, there has been migration here especially drawn by the good economy you are now decrying. Venezuelans have been coming here illegally for years as it is impossible to seal a border. The current issues now in Venezuela is a further push factor for them coming and it is not that TT is pulling them here. The US and EU with the strongest and most funded militaries in the world can't stop their influx of migrants. But some cynic here in Trinidad believes that there is some magic button to press to stop illegal migration? They are coming and in a few years will be grateful that they did just like the other migrants because our ageing population means we are having a shrinking workforce. They are buying us some time.
The forex problem is a result of falling oil and gas prices since 2014 which are the greatest source of or forex. Until we can ramp back up production, forex will start to stabilise. But even as you argue about compound and expound, "Forex is at an all time low" is a very wrong statement. Also, our forex problem is also a result of our high-income economy and our lust for imported goods. Just devaluing the TT will not solve the problem and will hurt the poorest most.
Kickstart wrote:I have been reading your post for some time now and when you are challenged and can't respond your excuses is to reply with an "ok or noted" . That to me and I am sure others will see you as a coward.elec2020 wrote:^ok aggravate
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