[Mrs. Don-o]

This is so crazy. Venezuela is loaded with all kinds of resources, not just oil. They used to have a high level of literacy and skills, a good workforce. Ought to be a wealthy country.

So in the interests of "fairness," the govt. got majorly into "redistribution," appropriations of property, nationalization of businesses, price controls that discourage private sector investment and production. Killed the economy.

They don't need redistribution. They need revolution.

[kearnyirish2]

Venezuela has been losing that skilled workforce for years; they started washing up in my area when Chavez came to power.