“The problem with socialism is that you eventually run out of other people's money.”
― Margaret Thatcher
“The problem with socialism is that you eventually run out of other people's money.”
― Margaret Thatcher
"I got some ice cream I got some Ice cream......You ain't got no ice cream, you can't afford it, you can't afford it.. 'cause you on the welfare- and your father is an alcoholic... you wanna lick? Psyche."
Just wait until the cheap price of oil really begins to bite in these weak OPEC countries. It will be a crisis.
On a more positive note, the severe food shortages in Venezuela are helping solve the even more severe toilet paper shortages that country has been dealing with for the last 5 years
Turr-Bull, just plain turr-bull. They allow a landmark business to go under for such basic reasons. I don’t mean the Govt. should be supplying milk, I mean, they should move out of the way, so deals could be easily reached and the milk quickly delivered. Some of those tourist will never be coming back to Venezuela. They’ll have to settle for Baskin and Robbins, who only have 31 flavors, vs the 863 flavors of this now closed up store.
My next door neighbor, a brilliant classical musician, is from Venezuela.
he loves his country, but HATES the regime.
ah yes, the joy of the concentrated blessings of socialism...BANANA_REPUBLIC_PING!
They have shortages of a lot of things in that country. When government officials run the economy this is the normal result.
It’s a fact of life. Free enterprise and SOCIALISM/COMMUNISM cannot exist side by side. Pure “FREE ENTERPRISE” can not exist for long in those “SOCIALIST/COMMUNIST countries. Venezuela has proven that. Cuba has proven that, North Korea has proven that. The main reason why that is so, is that the governments that are “SOCIALIST/COMMUNIST” will tax the “FREE ENTERPRISE” people out of existance.
The Bolsheviks called them "wreckers". They were largely fictitious but served to justify violence against pretty much anyone, including the only ones actually producing something.
It's a pretty simple model, really: a country enjoying widespread wealth, abundant natural resources, and a strong middle class is accosted by a demagogue and a team of agitators who inflame the resentful poor, increase the population of government dependents, impoverish the country, and blame somebody else. That is Venezuela's story and it is precisely what American progressives have in mind for our country. Oh, yes, and along the way the agitators get rich. Imagine that.
Something just occured to me which begs for some research on my part.
Aren’t there some socialist scandi countries that depend heavily on oil revenue to support their systems?
I think there are. I wonder why we haven’t heard about them feeling the pinch yet? Perhaps because unlike Russia they aren’t under sanctions, and perhaps they have some lead time due to hedged pricing. Hmmmm.
I knew a wonderful Venezuelan Catholic girl in college. She went back and must be 55 now. Wonder how she’s doing?