Looks like Venezuela has run out of Other People's Money. Typical Latin American Leftist economics. The policies are like drugs you get a momentary high boosted by high commodity prices then it comes crashing down and you need to enter rehab. The problem with places like Venezueala, Brazil, and Argentina is they go right back on economic drugs once the rehab has worked.
1 posted on
06/05/2014 11:37:21 AM PDT by
C19fan
To: C19fan
But the difference is now everyone becomes EQUALLY poor, which is only FAIR./sarc
2 posted on
06/05/2014 11:40:50 AM PDT by
Rusty0604
To: C19fan
Official statistics now show that poverty is rising rapidly. Venezuela's official statistics office (INE) mostly spends its time producing reports charged with political language -- but it still manages to report actual data once in a while. Time to shoot the statisticians.
3 posted on
06/05/2014 11:43:20 AM PDT by
KarlInOhio
(Republican amnesty supporters don't care whether their own homes are called mansions or haciendas.)
To: C19fan
per my tagline -
Socialism consumes Everything.
How many times does it have to be proven?
4 posted on
06/05/2014 11:56:12 AM PDT by
Paine in the Neck
(Socialism consumes EVERYTHING)
To: C19fan
You could produce a proper regression analysis of socialism versus poverty, and stick in the face of a socialist, and they’d scoff that it’s meaningless. Socialism just hasn’t been “done right” yet.
5 posted on
06/05/2014 11:56:14 AM PDT by
SpaceBar
To: C19fan
I'm shocked.
7 posted on
06/05/2014 12:02:52 PM PDT by
Red Badger
(Soon there will be another American Civil War. Will make the first one seem like a Tea Party........)
To: C19fan
Guess they couldn’t have looked at the history of Peronism in Argentina and figured that out?
To: C19fan
Maybe Joe Kennedy can use some the families Billions to help those poor Venezuelans.
14 posted on
06/05/2014 12:17:14 PM PDT by
Vaquero
(Don't pick a fight with an old guy. If he is too old to fight, he'll just kill you.)
To: C19fan
Socialism and communism make the ordinary people poor, and the ruling elite rich. So what were socialism and communism supposed to fix?
15 posted on
06/05/2014 12:25:51 PM PDT by
I want the USA back
(Media: completely irresponsible. Complicit in the destruction of this country.)
To: C19fan
Where is Jeff Spicoli when you really need him?
16 posted on
06/05/2014 12:30:49 PM PDT by
Moonman62
(The US has become a government with a country, rather than a country with a government.)
18 posted on
10/03/2014 11:18:15 PM PDT by
piasa
(Attitude adjustments offered here free of charge)
To: C19fan
Of course poverty has increased dramatically. What do you think is going to happen when a socialist government tries to outlaw anyone being better off?
19 posted on
10/03/2014 11:22:16 PM PDT by
GeronL
(Vote for Conservatives not for Republicans)
To: C19fan
Russia isn’t the only country to watch when oil prices fall...
Venezuela used to be one of the biggest oil producing countries before nationalization. Then the state-owned oil company has been used to employ Chavez thugs, around 25,000 cronies getting checks for no work.
Oil production has fallen as the incompetent government fails to buy spare parts and crap. They will soon be importing oil.
A country run by crazy people.
20 posted on
10/03/2014 11:24:42 PM PDT by
GeronL
(Vote for Conservatives not for Republicans)
To: C19fan
Lies, balderdash and pish-posh! There is no poverty in Venezuela for it is a Socialist Utopia!
Begone vile Capitalist before I summon the ghost of Kruschev who will bang his shoes upon your table!
22 posted on
10/03/2014 11:45:34 PM PDT by
uglybiker
(nuh-nuh-nuh-nuh-nuh-nuh-nuh-nuh-nuh-nuh-nuh-nuh-nuh-nuh-nuh-nuh-BATMAN!)
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