Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

Things that will happen if Venezuela implodes
cnbc ^ | 3-25-2015

Posted on 03/25/2015 2:33:39 PM PDT by Citizen Zed

click here to read article


Navigation: use the links below to view more comments.
first 1-2021-4041-46 next last
Another Chinese colony.
1 posted on 03/25/2015 2:33:39 PM PDT by Citizen Zed
[ Post Reply | Private Reply | View Replies]

To: Citizen Zed

Venezuela is proof that even if your country is drowning in oil that socialism will find a way to make you poor.


2 posted on 03/25/2015 2:35:27 PM PDT by MeganC (You can ignore reality, but reality won't ignore you.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Citizen Zed

Lesson learned....

Communism doesn’t work.


3 posted on 03/25/2015 2:36:45 PM PDT by EQAndyBuzz (Islam is the military wing of the Communist party.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Citizen Zed

“... about half of the oil shipped to China goes to paying existing debt....”

So you have resources, just piss them away. Easy. Damned shame.


4 posted on 03/25/2015 2:40:16 PM PDT by USMCPOP (Father of LCpl. Karl Linn, KIA 1/26/2005 Al Haqlaniyah, Iraq)
[ Post Reply | Private Reply | To 1 | View Replies]

To: EQAndyBuzz

The left never learns.


5 posted on 03/25/2015 2:40:32 PM PDT by Hugin ("Do yourself a favor--first thing, get a firearm!")
[ Post Reply | Private Reply | To 3 | View Replies]

To: Citizen Zed

Mr. President,tear down that wall!


6 posted on 03/25/2015 2:41:20 PM PDT by Don Corleone ("Oil the gun..eat the cannoli. Take it to the Mattress.")
[ Post Reply | Private Reply | To 1 | View Replies]

To: MeganC
Venezuela is proof that even if your country is drowning in oil that socialism will find a way to make you poor.

BTTT, good post!

7 posted on 03/25/2015 2:46:11 PM PDT by Las Vegas Ron ("Medicine is the keystone in the arch of socialism" Vladimir Lenin)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Citizen Zed

More freeloaders will cross the border.


8 posted on 03/25/2015 2:46:38 PM PDT by Track9
[ Post Reply | Private Reply | To 1 | View Replies]

To: Citizen Zed

Looks like radical socialism failed again.


9 posted on 03/25/2015 2:48:00 PM PDT by I want the USA back (Media: completely irresponsible. Complicit in the destruction of this country.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Citizen Zed

10 posted on 03/25/2015 2:49:17 PM PDT by lowbridge
[ Post Reply | Private Reply | To 1 | View Replies]

To: Citizen Zed
The bad thing is that China may just pull the plug and get oil from other places--it costs a lot of money to ship oil from Venezuela to China, especially if you have to use supertankers that can't fit through the Panama Canal (it's a long trip around Cape Horn back to China!).
11 posted on 03/25/2015 2:49:49 PM PDT by RayChuang88 (FairTax: America's economic cure)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Citizen Zed
The country's energy-dependent economy requires oil prices above $100 per barrel in order to sustain itself.

Wow. The biggest hedge-fund collapse since the USSR.

12 posted on 03/25/2015 3:00:19 PM PDT by Steely Tom (Vote GOP for A Slower Handbasket)
[ Post Reply | Private Reply | To 1 | View Replies]

To: MeganC

Example Mexico?


13 posted on 03/25/2015 3:01:31 PM PDT by Joe Boucher ( Obammy is a lie, a mooselimb and pond scum.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Citizen Zed

companies and countries have been reducing their exposure to Venezuelan debts for years. An implosion will be regionally problematic.


14 posted on 03/25/2015 3:02:49 PM PDT by lurk
[ Post Reply | Private Reply | To 1 | View Replies]

To: Citizen Zed

China and Fidel get Venezuelan oil on the very cheap. Oil prices have plummeted and 95% of Venz’s economy relies on oil revenues. What could possibly go wrong? El Puerco Hugo crossed the River Styx without feeling the pain of his failed economic, tyrannical legacy. The big moustachioed stump of a dope is hanging on by a thread.


15 posted on 03/25/2015 3:02:56 PM PDT by tflabo (Truth or tyranny)
[ Post Reply | Private Reply | To 1 | View Replies]

To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; cardinal4; ColdOne; ...
Besides the clinking glasses, laughter, and viral reappearance of Obama laughing and talking with Chavez? ;') Thanks Citizen Zed.

16 posted on 03/25/2015 3:08:52 PM PDT by SunkenCiv (What do we want? REGIME CHANGE! When do we want it? NOW!)
[ Post Reply | Private Reply | View Replies]

To: Citizen Zed

No one will notice again?


17 posted on 03/25/2015 3:09:22 PM PDT by CodeToad (Islam should be outlawed and treated as a criminal enterprise!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: lurk

China agrees to invest $20bn in Venezuela to help offset effects of oil price slump
http://www.theguardian.com/world/2015/jan/08/china-venezuela-20bn-loans-financing-nicolas-maduro-beijing
8 January 2015

UPDATE 3-China to lend Venezuela $10 bln in coming months
http://uk.reuters.com/article/2015/03/19/venezuela-china-idUKL2N0WL1OZ20150319
Mar 19, 2015


18 posted on 03/25/2015 3:10:13 PM PDT by thackney (life is fragile, handle with prayer)
[ Post Reply | Private Reply | To 14 | View Replies]

To: Track9

—yes—and having spent six months there , even though it was thirty years ago, I can assure everyone there won’t be any “conservative”or “small “l” libertarians in the hordes-—


19 posted on 03/25/2015 3:13:44 PM PDT by rellimpank (--don't believe anything the media or government says about firearms or explosives--)
[ Post Reply | Private Reply | To 8 | View Replies]

To: MeganC

“If you put the federal government in charge of the Sahara Desert, in 5 years there’d be a shortage of sand.” -Milton Friedman


20 posted on 03/25/2015 3:14:33 PM PDT by Organic Panic
[ Post Reply | Private Reply | To 2 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-4041-46 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson