Category Archives: Commentary

Notice: Publishing of All Blog Website Entries Suspended

Hello Everyone:

The Publisher and Editor of Guyanese Online has decided to suspend ALL ENTRIES to the blog website until further notice.

Mail-outs to the database are also suspended.

Thank you for visiting the website.

 

Regards,

Cyril Bryan. Editor/ Publisher

The Silver Lining of the COVID-Caused Recession is Supra-Economic – commentary

County Sustainability Group – promoting a sustainable prince edward county

COVID-19 has done in a deadly way what steady-state economists would prescribe in a healthy way: putting the brakes on a runaway economy. In fact, the pandemic has slammed on the brakes and jammed the GDP gearstick into reverse. It has ushered us into a recession that will be pronounced and protracted. In a COVID-caused recession, it’s nature at bat, not the Fed.

In these dark times, any source of comfort is welcome. Steady-state economists offer one of the only economic comforts to be found, a bona fide silver lining that warrants inspection by the mainstream media, public, and policymakers. There are three qualifiers. First, the silver lining is mostly macroeconomic, not micro. In fact, it is so big-picture we might call it supra-economic as it transcends the standard economic indicators.      Continue reading

GUYANA: UG Citizen Science Series 1 | Boosting Your Immune System

MAPS: Mapped: Visualizing the True Size of Africa

 

The True Size of Africa Map

Mapped: The True Size of Africa

Take a look at any map, and it’s clear that the African continent is a big place.

However, despite the common perception that Africa is a large landmass, it’s still one that is vastly underestimated by most casual map viewers.

The reason for this is that the familiar Mercator map projection tends to distort our geographical view of the world in a crucial way — one that often leads to misconceptions about the relative sizes of both countries and continents.

A Geographical Jigsaw        Continue reading

BUSINESS: The Hardest Hit Companies of the COVID-19 Downturn are ‘BEACH’ Stocks

The ‘BEACH’ Stocks —booking, entertainment, airlines, cruises, and hotels 

The market’s latest storm has plunged the global travel industry into uncharted territory.

Since the S&P 500 market high on February 19, 2020, market capitalizations across BEACH industries—booking, entertainment, airlines, cruises, and hotels—have tumbled. The global airline industry alone has seen $157B wiped off valuations across 116 publicly traded airlines.

BEACH Stocks: $332B in Value Washed Away by March 24, 2020

Investor confidence in cruise lines has also dropped. Between Carnival, Royal Caribbean, and Norwegian Cruise Line Holdings, over half of their market value has evaporated—equal to at least $42B in combined market capitalization.          *All numbers as of market close on March 24, 2020

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VIDEO: 1929 Stock Market Crash and the Great Depression – BBC Documentary

1929 Stock Market Crash and the Great Depression – Documentary

Brief History of that other economic designed crash of 1929 BBC documentary

On October 29, 1929, Black Tuesday hit Wall Street as investors traded some 16 million shares on the New York Stock Exchange in a single day. Billions of dollars were lost, wiping out thousands of investors. In the aftermath of Black Tuesday, America and the rest of the industrialized world spiraled downward into the Great Depression (1929-39), the deepest and longest-lasting economic downturn in the history of the Western industrialized world up to that time.   Continue reading

VIDEO: Stock Market Crash 2020 Will Be Worse Than The Great Depression !! – OPINION

VIDEO: Stock Market Crash 2020 Will Be Worse Than The Great Depression !!

Epic Economist – 11 March 2020 – For the last two weeks the US stock market has been tanking all across the board. It looks as if a major stock market crash is upon the United States. The Dow Jones Industrial Average has been swinging approximately for 1,000 points in multiple days within the last two weeks. The stock market traders have been panicking because the market has just turned out to be a rollercoaster that they have not seen for many years. The market has been very volatile with up to 4.5 percent movements in a day and all investors are unaware of what will happen next. There is a lot of panic as investors fear that the market will continue tanking because economic indicators are indicating that a big stock market crash will happen.            Continue reading

ECONOMICS: Will there be another Great Depression? – The Guardian UK

Government indecision amid the coronavirus crisis has fuelled fears of a long recession – unless there is a huge fiscal response
Unemployed men eat soup in Washington, circa 1935.
 Unemployed men eat soup in Washington, circa 1935. Photograph: Archive Photos/Getty Images

Such was the scale of the global market crash last week in the wake of the coronavirus outbreak, the spectre of the 1929 Wall Street rout and the ensuing Great Depression of the 1930s has been raised. Comparisons no longer seem fanciful.

The failure of the US and the UK to swing into action with a wide range of mitigation measures – despite the lessons of Italy’s slow response to the spread of Covid-19 – has heightened concerns that a sustained, epochal downturn lies in wait.          Continue reading

Women and Examples from Ghana — by Francis Quamina Farrier 

Map of Ghana

Women and Examples from Ghana — by Francis Quamina Farrier

On Friday March 6, the West African country of Ghana, celebrated its sixty third Independence Anniversary with pomp and ceremony. Last Sunday, countries around the world observed “International Women’s Day” with a range of activities. As such, I have decided to merge these two annual events in this Feature Article.

In more recent years Ghana has been focusing more on higher education for the young women of the country. The education of girls and young women is now increasing in tertiary education as never before. Last year (2019) the country observed “The Year of Return”, when Africans in the Diaspora, whether born in Africa or of African heritage, were encouraged to visit Ghana to mark the 400 anniversary of the commencement of the Atlantic Slave Trade of which Ghana was a participant both as victim and enabler.       Continue reading

Coronavirus Will Change the World Permanently….. Here’s How. – Politico Magazine

A crisis on this scale can reorder society in dramatic ways, for better or worse. Here are 34 big thinkers’ predictions for what’s to come.

For many Americans right now, the scale of the coronavirus crisis calls to mind 9/11 or the 2008 financial crisis—events that reshaped society in lasting ways, from how we travel and buy homes, to the level of security and surveillance we’re accustomed to, and even to the language we use.

Politico Magazine surveyed more than 30 smart, macro thinkers this week, and they have some news for you: Buckle in. This could be bigger.

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