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To: SaxxonWoods
I feel sorry for these people. I know many will say it’s their own fault but I don’t buy that at all.


I don't have the slightest sympathy

Back when gas prices were in the stratosphere and Hugo Chavez was able steal enough of other peoples money to buy votes, these guys were in the Chavista street battalions clubbing into a bloody pulp anyone who dared oppose Hugo Chavez and they cheered when Hugo humbled the “wealthy” professional class that kept the economy running.

Now they have run out of other people's money to steal and the once wealthy Venezuelan economy has been driven into the ground is literally grinding to a halt

People vigorously opposed Chavez when it could have made a difference but the Chavistas destroyed so much over the last 20 years things are so fun down that the Germans in post war Germany were better placed to rebuild

The Chavez and Maduro governments were so incredibly abusive to their capitalist neighbors that their foreign business partners abandoned their capability to refine the low quality, difficult to refine thick, high sulfur crude oil that Venezuela has in such huge reserves. Venezuela cannot even refine their own crude oil so it's of little value in today's fracking oil economy

Absent an American led Equivalent of the Marshall Plan, Venezuela is going to keep going further and further into collapse it has willfully defaulted on its debt, burned its bridges with the world economic community so as to have no access to foreign capitol, its industrial infrastructure is obsolete and completely worn out and it has destroyed the value of its single most exportable commodity, hi sulfur crude oil, because its hostility has forced the few (mostly American) refineries that could refine its oil products to retool their refineries for other grades of crude oil and abandon their capability to refine Venezuelan crude.

Venezuela can do little but act as a warning to others to avoid going down the same Marxist path Venezuela went

23 posted on 02/24/2018 11:16:12 AM PST by rdcbn
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To: rdcbn

And yet when I point out to American Leftists that they would take us down the road Venezuela has travelled, they reply “that can’t happen under democratic socialism”. They are supremely ignorant of history generally (Nazi Germany comes to mind), and of Venezuela in particular (Chavez was elected).


75 posted on 02/24/2018 4:49:03 PM PST by FreedomPoster (Islam delenda est)
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