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Dohplaydat wrote:hover11 wrote:The amount of money the government spends on carnival far exceeds that thoughdaring dragoon wrote:zoom rader wrote:I go vote the red government if a law is made to ban carnival for life.rexsmith wrote:The PM said carnival 2022 may not happen
It's the downfall of this cont tree
carnival season is a big money maker from copyrite money to selling bottle water in the street. no other season in TT generates that amount of money.
Has anyone done the math? Because I routinely show in previous threads how much money is spent, circulated as well as comes in via forex for carnival. It's a lot! (in around a billion TT if you factor in money spent during the entire season). Not to mention all the music revenues and money promoters make in the other Carnivals across the caribbean.
Even if there's a small loss (which is doubtful), the fact is, Carnival is an industry that employers thousands year round! It is a vital part of our economy and something that we need to develop and grow even further.
Dohplaydat wrote:Even if there's a small loss (which is doubtful), the fact is, Carnival is an industry that employers thousands year round! It is a vital part of our economy and something that we need to develop and grow even further.
Dohplaydat wrote:hover11 wrote:The amount of money the government spends on carnival far exceeds that thoughdaring dragoon wrote:zoom rader wrote:I go vote the red government if a law is made to ban carnival for life.rexsmith wrote:The PM said carnival 2022 may not happen
It's the downfall of this cont tree
carnival season is a big money maker from copyrite money to selling bottle water in the street. no other season in TT generates that amount of money.
Has anyone done the math? Because I routinely show in previous threads how much money is spent, circulated as well as comes in via forex for carnival. It's a lot! (in around a billion TT if you factor in money spent during the entire season). Not to mention all the music revenues and money promoters make in the other Carnivals across the caribbean.
Even if there's a small loss (which is doubtful), the fact is, Carnival is an industry that employers thousands year round! It is a vital part of our economy and something that we need to develop and grow even further.
timelapse wrote:Will always maintain that agriculture is a major part of the way forward.Thinking solar powered indoor farming.No pests, flooding or bandits to worry about.
timelapse wrote:Will always maintain that agriculture is a major part of the way forward.Thinking solar powered indoor farming.No pests, flooding or bandits to worry about.
Dizzy28 wrote:Dohplaydat wrote:hover11 wrote:The amount of money the government spends on carnival far exceeds that thoughdaring dragoon wrote:zoom rader wrote:I go vote the red government if a law is made to ban carnival for life.rexsmith wrote:The PM said carnival 2022 may not happen
It's the downfall of this cont tree
carnival season is a big money maker from copyrite money to selling bottle water in the street. no other season in TT generates that amount of money.
Has anyone done the math? Because I routinely show in previous threads how much money is spent, circulated as well as comes in via forex for carnival. It's a lot! (in around a billion TT if you factor in money spent during the entire season). Not to mention all the music revenues and money promoters make in the other Carnivals across the caribbean.
Even if there's a small loss (which is doubtful), the fact is, Carnival is an industry that employers thousands year round! It is a vital part of our economy and something that we need to develop and grow even further.
CSO did the math and your one billion seems very way off.
Trinidad only Carnival monies would have to be TT$600M+ as visitors bring in TT$364m on average.
What about the burden to the taxpayer?
NCC by themselves received $153m for Carnival in 2019 (https://tt.loopnews.com/content/reduced ... udget-2021).
Government also pays for TTPS overtime, regional corporations have to spend to clean up, there is opportunity cost of the reduced productivity of the Carnival period.
How much foreign exchange is used to import all the Carnival necessities? Costumes, alcohol etc.
Don't hit us Gross, hit us Net figures!!!!
Capture.JPG
https://cso.gov.tt/subjects/travel-and- ... tatistics/
Dohplaydat wrote:hover11 wrote:The amount of money the government spends on carnival far exceeds that thoughdaring dragoon wrote:zoom rader wrote:I go vote the red government if a law is made to ban carnival for life.rexsmith wrote:The PM said carnival 2022 may not happen
It's the downfall of this cont tree
carnival season is a big money maker from copyrite money to selling bottle water in the street. no other season in TT generates that amount of money.
Has anyone done the math? Because I routinely show in previous threads how much money is spent, circulated as well as comes in via forex for carnival. It's a lot! (in around a billion TT if you factor in money spent during the entire season). Not to mention all the music revenues and money promoters make in the other Carnivals across the caribbean.
Even if there's a small loss (which is doubtful), the fact is, Carnival is an industry that employers thousands year round! It is a vital part of our economy and something that we need to develop and grow even further.
Redress10 wrote:Dohplaydat wrote:hover11 wrote:The amount of money the government spends on carnival far exceeds that thoughdaring dragoon wrote:zoom rader wrote:I go vote the red government if a law is made to ban carnival for life.rexsmith wrote:The PM said carnival 2022 may not happen
It's the downfall of this cont tree
carnival season is a big money maker from copyrite money to selling bottle water in the street. no other season in TT generates that amount of money.
Has anyone done the math? Because I routinely show in previous threads how much money is spent, circulated as well as comes in via forex for carnival. It's a lot! (in around a billion TT if you factor in money spent during the entire season). Not to mention all the music revenues and money promoters make in the other Carnivals across the caribbean.
Even if there's a small loss (which is doubtful), the fact is, Carnival is an industry that employers thousands year round! It is a vital part of our economy and something that we need to develop and grow even further.
You and these made up figures. Carnival is literally a taxpayer funded party for foreign based trini/caribbean people and people attached to those groups to come here and party. Carnival affects about 2-3 months of the nation's productivity and its earnings doesn't compensate adequately enough. It is nothing more than an inconvenience to the country.
You all need to to find a way to insulate carnival and make it not affect the rest of the country. Maybe having something similar to an Olympic village aka a carnival village is the solution. But the country cannot continue to be burdened by carnival.
We haven't even got around the long term effects of it including healthcare/social costs for things such as hiv/aids, unwanted pregnancy, alcohol/substance dependency etc.
We are now in 2021. There really is no need for our population to be looking to things such as Carnival as a form of diversification. No developed or developing nation has something similar to carnival as there diversificiation strategy. It simply isn't feasible. Carnival is the direct opposite of productivity and discipline. Two things you need to develop as a country.
The only ppl who stand to benefit from an expansion of carnival are the costume makers in China.
Dohplaydat wrote:Dizzy28 wrote:Dohplaydat wrote:hover11 wrote:The amount of money the government spends on carnival far exceeds that thoughdaring dragoon wrote:zoom rader wrote:I go vote the red government if a law is made to ban carnival for life.rexsmith wrote:The PM said carnival 2022 may not happen
It's the downfall of this cont tree
carnival season is a big money maker from copyrite money to selling bottle water in the street. no other season in TT generates that amount of money.
Has anyone done the math? Because I routinely show in previous threads how much money is spent, circulated as well as comes in via forex for carnival. It's a lot! (in around a billion TT if you factor in money spent during the entire season). Not to mention all the music revenues and money promoters make in the other Carnivals across the caribbean.
Even if there's a small loss (which is doubtful), the fact is, Carnival is an industry that employers thousands year round! It is a vital part of our economy and something that we need to develop and grow even further.
CSO did the math and your one billion seems very way off.
Trinidad only Carnival monies would have to be TT$600M+ as visitors bring in TT$364m on average.
What about the burden to the taxpayer?
NCC by themselves received $153m for Carnival in 2019 (https://tt.loopnews.com/content/reduced ... udget-2021).
Government also pays for TTPS overtime, regional corporations have to spend to clean up, there is opportunity cost of the reduced productivity of the Carnival period.
How much foreign exchange is used to import all the Carnival necessities? Costumes, alcohol etc.
Don't hit us Gross, hit us Net figures!!!!
Capture.JPG
https://cso.gov.tt/subjects/travel-and- ... tatistics/
Good find, but also Carnival has year-long revenues from music earnings as well and other carnival events throughout the Caribbean.
Net figures you want? Who knows, IFF there is net loss in forex our industry needs incentive to shift focus. Maybe the forex shortage with do that.
One of the many benefits of Carnival is actually the lack of government involvement, lots of good carnival entrepreneurs around
Habit7 wrote:Dohplaydat wrote:Dizzy28 wrote:Dohplaydat wrote:hover11 wrote:The amount of money the government spends on carnival far exceeds that thoughdaring dragoon wrote:zoom rader wrote:I go vote the red government if a law is made to ban carnival for life.rexsmith wrote:The PM said carnival 2022 may not happen
It's the downfall of this cont tree
carnival season is a big money maker from copyrite money to selling bottle water in the street. no other season in TT generates that amount of money.
Has anyone done the math? Because I routinely show in previous threads how much money is spent, circulated as well as comes in via forex for carnival. It's a lot! (in around a billion TT if you factor in money spent during the entire season). Not to mention all the music revenues and money promoters make in the other Carnivals across the caribbean.
Even if there's a small loss (which is doubtful), the fact is, Carnival is an industry that employers thousands year round! It is a vital part of our economy and something that we need to develop and grow even further.
CSO did the math and your one billion seems very way off.
Trinidad only Carnival monies would have to be TT$600M+ as visitors bring in TT$364m on average.
What about the burden to the taxpayer?
NCC by themselves received $153m for Carnival in 2019 (https://tt.loopnews.com/content/reduced ... udget-2021).
Government also pays for TTPS overtime, regional corporations have to spend to clean up, there is opportunity cost of the reduced productivity of the Carnival period.
How much foreign exchange is used to import all the Carnival necessities? Costumes, alcohol etc.
Don't hit us Gross, hit us Net figures!!!!
Capture.JPG
https://cso.gov.tt/subjects/travel-and- ... tatistics/
Good find, but also Carnival has year-long revenues from music earnings as well and other carnival events throughout the Caribbean.
Net figures you want? Who knows, IFF there is net loss in forex our industry needs incentive to shift focus. Maybe the forex shortage with do that.
One of the many benefits of Carnival is actually the lack of government involvement, lots of good carnival entrepreneurs around
I am no participant of Carnival but you can't ignore it as a major stimulator of the economy. If govt just spends less than $200M and we get increase tourist arrivals, employment, forex from CAL and tourist services, COTT royalties plus locals temporarily working in Miami, NYC, Toronto, London and the Caribbean it certainly can't be a loss.
It is just that ppl like myself who don't participate in Carnival see the negatives like the social distress and crime that would like for it to stop. But I believe in capitalism and freedom and if the electorate wants it let them have it. You cant keep crying we need to diversify and shooting down all the viable diversification options. We need to be in everything and those that survive will float to the top.
Redress10 wrote:You keep saying jobs. But selling bottle water and chicken and fries outside a fete is not something we should ever encourage our citizens to rely upon. Neither is holding a rope to keep the undesirables out. Those are not "jobs". We need more long term sustainable employment. The fact that alot of those low level jobs are done by locals shows how undeveloped we truly are as a people.
You all want to party all year round whilst contributing minimally both economically and socially to the country. Then we wonder why Singapore and China could develop within a generation.
Who cares if the other islands take carnival? Most of them only purpose in life is to serve white tourists and people drinks and food on a beach. They are nations filled with bellboys and chamber maids. Carnival will actually be an improvement for them.
Sad
Dohplaydat wrote:Redress10 wrote:You keep saying jobs. But selling bottle water and chicken and fries outside a fete is not something we should ever encourage our citizens to rely upon. Neither is holding a rope to keep the undesirables out. Those are not "jobs". We need more long term sustainable employment. The fact that alot of those low level jobs are done by locals shows how undeveloped we truly are as a people.
You all want to party all year round whilst contributing minimally both economically and socially to the country. Then we wonder why Singapore and China could develop within a generation.
Who cares if the other islands take carnival? Most of them only purpose in life is to serve white tourists and people drinks and food on a beach. They are nations filled with bellboys and chamber maids. Carnival will actually be an improvement for them.
Sad
Dude we can have both. Some of the most successful educated people I know are the ones who playing mas. They contribute a lot to society, both locally and internationally.
The keyword is BOTH, Carnival has a place. It's frivolity yes, but a damn good one that's safe and worth the money.
And again, you only look at the negatives. Most of those people holding rope and selling fries have other jobs, this is a side gig for them. A bartender and rope man I know has two daughters in law school.
You need to stop with your CXC level understanding of economics and realize it's a complex organism with room for many sources of income. You want to be like Singapore and push everybody into academics? Not everyone is cut out for that. Do you not think artists, musicians, chefs, authors, movie makers have a place in the economy.
All dis money and we still a banana Republic rats arseDohplaydat wrote:hover11 wrote:The amount of money the government spends on carnival far exceeds that thoughdaring dragoon wrote:zoom rader wrote:I go vote the red government if a law is made to ban carnival for life.rexsmith wrote:The PM said carnival 2022 may not happen
It's the downfall of this cont tree
carnival season is a big money maker from copyrite money to selling bottle water in the street. no other season in TT generates that amount of money.
Has anyone done the math? Because I routinely show in previous threads how much money is spent, circulated as well as comes in via forex for carnival. It's a lot! (in around a billion TT if you factor in money spent during the entire season). Not to mention all the music revenues and money promoters make in the other Carnivals across the caribbean.
Even if there's a small loss (which is doubtful), the fact is, Carnival is an industry that employers thousands year round! It is a vital part of our economy and something that we need to develop and grow even further.
zoom rader wrote:All dis money and we still a banana Republic rats arseDohplaydat wrote:hover11 wrote:The amount of money the government spends on carnival far exceeds that thoughdaring dragoon wrote:zoom rader wrote:I go vote the red government if a law is made to ban carnival for life.rexsmith wrote:The PM said carnival 2022 may not happen
It's the downfall of this cont tree
carnival season is a big money maker from copyrite money to selling bottle water in the street. no other season in TT generates that amount of money.
Has anyone done the math? Because I routinely show in previous threads how much money is spent, circulated as well as comes in via forex for carnival. It's a lot! (in around a billion TT if you factor in money spent during the entire season). Not to mention all the music revenues and money promoters make in the other Carnivals across the caribbean.
Even if there's a small loss (which is doubtful), the fact is, Carnival is an industry that employers thousands year round! It is a vital part of our economy and something that we need to develop and grow even further.
You proud of dat?
Redress10 wrote:Show me a soca artiste who is internationally aclaimed? Machel, Kes, Desta, Nessa Preppy are all played on radio in London, Canada, Miami and NY.
But there is definitely A LOT more room to grow for soca as it has massive potential.
Show me hundreds of foreign students coming to TT to learn about creativity, innovation and carnival.
Lots of Caribbean entrepreneurs learn from T&T, it's not something that necessarily needs an academic institution.
I'm waiting. You really boasting about rope men holding rope to put their children through school? That is the best use of their skill set? Holding a rope? If those rope jobs so good then why is it only black people holding rope for carnival?
Question. What are the ethnic composition of the people whp own the mas bands, alcohol supply companies, music trucks, etc in Trinidad?
Mostly white and indo, but it's very diverse, no one race dominates.
Can we get a ethnic breakdown as to who benefits economically in TT for carnival?
I'd say all.
If carnival so successful then howcome it doesn't exist as a diversification strategy all over the world?
As a worldwide event, only Rio de Janeiro's carnival in Brazil ranks ahead of Notting Hill in size.
According to the London Development Agency, it contributes up to £93m a year to the city's economy and supports the equivalent of 3,000 full-time jobs.
hover11 wrote:Pushing ppl into academics is a bad thing now, hmmm guess Cuba had a bad idea , even though they have the best nurses and doctors, teachers. Cuba literally had no natural resources and worked on their human resource, you want to use our human resource as ........carnival ppl? That's ridiculous, it is true not everyone is cut out for academics that's all well and fine , we have vocational studies to help those Learn a trade and fend for themselves. If your plan when oil and gas runs out is to become a carnival country that will surely fail , we need something sustainable and not this nonsensical whim of party all day and night that doesn't drive an economy
Redress10 wrote:Dpd really believe what he saying or he trolling?
Before directing these people into areas that can help them sustain themselves for the future he want to turn ppl good good children into soca singers and wire benders? To be the next what? Nailah, Patrice or Nessa? That is your idea of ambition? We can't even say the next Beyonce because Beyonce's talent brings billions of dollars into the economy of USA from global sources.
We need people in the areas of food technology, water management, development economics, healthcare, infrastructural development, public transportation, crime and defence, telecommunications etc. All these areas we are desperately in need of expertise but you want to encourage ppl to "hold rope" and wire bend just so you could get ya cheap frolics and see a lil reds in a thong partner?
That is what you call diversification and something that needs to be expanded upon? Carnival shows how lazy and mentally stunted trinis have become. The costumes aint even original anymore. The music is sh*t so it could only sell to caribbean people.
Dohplaydat wrote:Redress10 wrote:Dpd really believe what he saying or he trolling?
Before directing these people into areas that can help them sustain themselves for the future he want to turn ppl good good children into soca singers and wire benders? To be the next what? Nailah, Patrice or Nessa? That is your idea of ambition? We can't even say the next Beyonce because Beyonce's talent brings billions of dollars into the economy of USA from global sources.
We need people in the areas of food technology, water management, development economics, healthcare, infrastructural development, public transportation, crime and defence, telecommunications etc. All these areas we are desperately in need of expertise but you want to encourage ppl to "hold rope" and wire bend just so you could get ya cheap frolics and see a lil reds in a thong partner?
That is what you call diversification and something that needs to be expanded upon? Carnival shows how lazy and mentally stunted trinis have become. The costumes aint even original anymore. The music is sh*t so it could only sell to caribbean people.
Chill dude, we can all do both. And now you just a listing sector without even knowing anything about them. We need people in telecoms? Why is the telecom sector as an employer probably shrunk by more than 100% or more in the last 10 years?
TSTT had 4000 employees in 2010, now they down to below 1500. Digi and Flow also cut staff too as well as many contractors.
Did you even consider software engineering and other tech industries? Or are you still stuck with a 70s CXC econ text book?
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