Never knew a auto manufacturer could be so stupid as to build there. Must have been a decision by a Harvard educated 39 yr old.
On an aside, I once had a conversation with a mba student from Miami of Ohio University...his professor took the class on a trip to Venezuela and the student debated with me on how their economy and system is superior to ours. I kid you not. This was about 10 years ago. I look now and think if this professor or anyone from his class would actually blame commusocialfascism for the current conditions. I doubt it...Somehow they’d likely say our corporations there and their greed led to this.
They drove their Chevy to the levee but it was dry and the music died... What a coda for Gummit Motors!
That plant was built long ago. It made perfect sense at that time - South Americans buy automobiles, too.
Dunno ‘bout MBAs, but I know that a lot of economists are bat-s#!+ crazy. Had one tell me that deficit spending could be sustained indefinitely with the right tax policies.
I troll at the DUmp occasionally. Whenever something absurd is happening in Venezuela, they manage to do enough mental gymnastics to blame it on something other than the obvious.