... because in THE REAL WORLD a 10% ANNUAL RATE OF RETURN is very difficult to come by on a LEGAL INVESTMENT.
So when I see RUBADIRI VICTOR promising a 400% RATE OF RETURN over a FIVE MONTH PERIOD -- well, I CAN'T BUY THAT!!! Especially since it was on a PROJECT with ZERO TRACK RECORD.
And when I see all these TRINIS jumping up and emotionally celebrating this great idea -- I WILL have to sit on the sidelines and BE THE CRITIC I AM with my TRINI SCENARIO.
This is like DIAZ and FORTEAU with the INTERNATIONAL PANORAMA. I am sure that you all know what a FINANCIAL FIASCO that turned in to.
So THE PNM gives RUBADIRI $100,000,000 to produce this show and the first thing he does is STICK $10,000,000 into his pocket and then he goes into the project with the REMAINING $90,000,000. The whole project FAILS MISERABLY and he still gets some KICKBACKS from contracts to PRODUCTION COMPANIES further fattening his pocket and he is GOOD FOR LIFE.
There is no FILM or PAN or CALYPSO or MAS product that could come out of TRINIDAD and generate ONE MILLION DOLLARS much less the $400,000,000 that he is talking about.
It is kind of sad to see EVERYBODY jumping in and PRAISING THIS PROJECT to THE HIGHEST without any understanding of THE NUMBERS.
if you could go out into THE WORLD and promise a 400% ROI on a $100,000,000 investment (in 4 months) -- you will get a GLOBAL LOT OF INVESTORS but you are sure to end up like MIKE EPSTEIN or BERNIE MADOFF.
i would love to see TRINIDAD on the GLOBAL MAP with CULTURE -- but THE TALENT is NOT THERE ... whatever THEY BELIEVE!!!
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One SMART TRINIDADIAN!!!! I thought that I was the ONLY ONE with GLOBAL CULTURAL INSIGHT!!!
“Carnival is not just for us to show off ourselves. Carnival is something that is a money earner and a foreign exchange earner for Trinidad and Tobago. Carnival is business, Carnival is not just about jump and wine,” he said.
He said it cannot be a case where “it is just something we are just going to do to say that we are doing something and we are just putting on a virtual carnival.”