Continuously in debt
Guyana perennially runs a trade deficit which in the simplest of circumstances means that it is continuously in debt to other countries. As this writer has pointed out in previous articles on the subject, it also means that Guyana is not saving enough money. Yet, the country continues to trade each year knowing that at the end of the day it will be indebted to some other country and limited in its capacity to invest. It is not unusual for countries to run trade deficits. Some countries have big economies like the USA and Spain and expansive production structures and even strong currencies and still have trade deficits. One must ask the question, why would Guyana, with its small economy and relatively weak currency, do something like that? It looks as if the country has