Posted on 12/02/2016 7:46:04 AM PST by Leaning Right
Domingris Montano did the calculations as she stood in the rain at the midpoint of a queue outside a bank in Caracas. She needed to buy groceries. A package of rice would cost 3,500 bolivars, more than half the daily withdrawal limit, and the automated teller machine might be empty by the time her turn came. Maybe she could hit a few more before dark?
“I’ve had to go to six different ATMs just to get 6,000 bolivars,” said Montano, a 36-year-old hair stylist...
(Excerpt) Read more at finance.yahoo.com ...
Venezuela isn't a warning.
It's a Goal!
Indeed.
Thirty plus years ago, I knew a few people from Venezuela who used to boast of their country’s wealth and super low gas prices.
Leftist freaks will never make the connection, because it disagrees with what they know to be “true” without question.
30 + years ago, Vz was a great country.
Hugo solved that problem.
During the Carter years, one might have had to drive to six gas stations to fill up, given that each one had a gallon or dollar limit and factoring the fuel burned getting from one to the next.
Had a college friend whose entire family went Galt during the Carter years because job commutes became impossible, living on a family friend’s farm and doing work that saved him from buying 6 digits worth of farm equipment. I mean totally Galt to the level of a pioneer leaving for Oregon, down to their pastor coming to bless them goodbye for what they figured was forever.
Then Ronnie got elected. Their return and ‘reunion’ about 5 years later was pretty damn joyous.
The take-away point in citing a Carter experience in a Venezuela thread is that it can happen in the USA, and in short order. And come to think about it, I suspect we missed a big leap in that direction earlier last month.
We all dealt with those gas line & limited purchases.
We got to work, did some car pooling, etc & were careful about where we traveled to.
Since then, we dealt with gas costing over $5 a gallon.
We were NOT snowflakes that said we couldn’t go to school & take our tests because the cost of gas was so high & the Prime interest rate was OVER 20%.
IF this happened today, the snowflakes would be melting wholesale.
I’m disappointed in human nature that there has not been a revolution already. How can people bear to suffer like that? I thought South Americans were more hot-blooded than that.
It would useful for the left to do a thought experiment. Imagine if our society’s industrial progress had not been hampered during the 1900s by socialism and regulation. Can you imagine how great things would be today? And imagine how we would be now if capitalism and liberty had not burst forth from the 1700s onwards. We would still be using bearskins to keep warm, eating from wooden bowls, and drinking bear to avoid tainted water.
Venezuela has it all. Great natural resources, especially sitting on tons of oil. The only reason this is their reality is socialism.
Chile with Allende would have been Venezuela now if Pinochet hadn’t removed him from government.
Don’t be too surprised. They have little to no leadership, no outside support and far fewer arms available than Americans. Their rulers are also a lot less shy about getting rid of potential threats.
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