Top: Venezuela in the 1970s

what went wrong?

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en.wikipedia.org/wiki/Gran_Colombia
data.worldbank.org/indicator/NE.CON.GOVT.ZS
youtube.com/watch?v=fGjCIXB54L4
financialsense.com/contributors/dan-collins/rise-petro-yuan
youtube.com/watch?v=d0wPU3KOr90
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Country went downhill after they cancelled the Los Tigritos TV show.

Socialism as always

...

USA and CIA are obviously at fault

leave Latin America alone you pieces of shit

This.

Also

>USA and CIA are obviously at fault
This.

How socialist is Macri? is he a communist puppet like Bonnie & Clyde?

>what went wrong?
socialism

fucking trying... lil help here wouldn't go amiss, people!

>Have the world's largest proven oil reserves
>Still go broke

How fucking dumb do you have to be to end up in this scenario?

If you were a globalist the best thing you can do is to promote socialism. 100% guaranteed they won't explore their natural resources properly.

Relying way too much on oil to power their economy and using quick oil money to fund everything and projecting it to always be a viable and productive industry even when energy returned on energy invested tends to decrease over time and slow the industy, fucking them because of poor planning for the future and relying almost entirely on it economically.
They also have the lowest-quality oil in the world, it's extremely high in sulfur and needs intensive refining. Plus they refuse to deal in US dollars even though the US has the best refineries in the world so they end up screwing themselves over by selling to China for less who then either sells the oil to the US to be refined or refines it themselves and sells it on the market.

what about japan? they don't have oil, they don't have gas, they have nothing and they don't starve.

They're also biologically on average much more likely to be more intelligent, economically capable, and less likely to commit crime than Venezuelans, and their society is extremely homogeneous and composed almost solely of these people, meaning that the costs of maintaining their society are next to nothing and much more of them have the ability to work in high-tech and high-knowledge service industries like engineering, software, finance, robotics, general technology, etc. and don't need to divert the productivity generated from them to useless parasitic shit like extensive law enforcement or welfare programs.

japan agreed to become USA's bitch, though.

and they're slowly declining now, in 2050 this very same thread will be made about japan

Great comment however I think it's more of a culture than biological.

Venezuelans haven't been civilized like the japanese.

The only reason why Japan is declining is because they allow themselves to only think about work 24/7. Their politicians are worse than the ones in the west, they have been making horrible deals since the early 80s.

>Great comment however I think it's more of a culture than biological.
of course a monkey would seek a non-biological explanation

...

There is 44% chance you are a nigger though.

TLA

Well the biology is a huge part, but in addition to Japan just having better biological and social capital than pretty much any other country in the world they also didn't engage in a retarded level of central planning and economic overmanagement, like the Venezuelans did.

As much as they liked to play nationalist and socialist they would have benefitted far more by even allowing better managed private foreign companies to manage their oil reserves and heavily taxing the profits in order to build their own refineries, and from then on using both oil production and refining to fund projects to diversify the economy into areas like mining, agriculture, and eventually service industries once better education and nutrition had increased the national IQ somewhat. But really the lack of intelligence is at the root of it because the government wasn't able to do something like that because it was full of crony nepotism and incompetence because the average intelligence and social trust in the country is just so low.
Japan will possibly be the first country to heavily automate industry and will not suffer any demographic conflict stemming from inequality once it happens because their homogeneity won't mean that certain demographics will be almost completely unemployable like Mestizos or Blacks in the US or Arabs/Muslims in Europe. Not only that but Japan's average IQ is high enough that the majority of its citizens are likely capable of at least acquiring skills to do mid-skill occupations such as technicians which will be harder to automate, meaning their economy will continue to be productive and mostly equitable even into the future.

If anything Japan will become a utopia relative to the rest of the world by 2050.

Japan is the USA's conquered vassal state. Venuzuela is what happens when you don't submit to the IMF.

There is 100% chance you are

It's both, actually.
But if they hadn't gone socialist, they'd be Saudi Arabia, Qatar, EAU, Kuwait tier

Venezuela enjoyed many years of great profit. How many industry plants have they build with it? 0. They need China products and Brazil's energy in order to survive

Saudi Arabia, Qatar, the UAE, and Kuwait are socialist, the state controls their oil operations and distributes the revenues to the people in the form of services.

However, the situations between these countries are not comparable. Venezuela's oil is unfathomably shittier than any of the above countries, it has by far the highest average sulfur concentration in the world. The oil from the Gulf States by contrast is about the highest quality in the world, needing very little material refining beyond what is the standard minimum. Not to mention Venezuela's population is absolutely massive compared to all of the Gulf states, being larger than all of theirs combined, so the oil wealth doesn't go as far. Also Venezuela wasn't willing to allow expats make up a literal majority of their population like Qatar or a huge potion like the other states and wanted to benefit Venezuelans first and foremost, which I can't really blame them for.

sounds like middle east countries

At least middle east countries seem to know how to deal with Chinese jews.

Nice revisionism. V was a banana republic being milked for oil by the USA while the profits were being siphoned off. Citizens were living in poverty and had enough. Chavez was elected in a landslide and bought in popular socialist reforms, only to be almost ousted in a cia backed coup, followed by years of crippiling economic pressure from the USA and IMF.

Middle Eastern countries are smarter in some regards because instead of buying that they spend their money on buying influence and soft power with more powerful, financially independent, and influential Western countries.

You'd have to be a fool to believe that the Saudis don't benefit more by having America on a leash than they would by having more manufacturing plants.

are you the Colombian socialist bro that is living in Australia?

Saudis spend that oil money on fundamentalist wahabbist islamic schools and terrorism.

No, I'm an Australian.

are your comments irony/trolling ?

I'm sorry, but they aren't anywhere as socialist as venezuela.
>5 minimum wage hikes in 12 months
>State controled prices ( or price freeze) for pretty much anything
>too much bureaucracy to hire and fire employees (as in, you are forbidden to fire someone from time to time)
>one of the highest average tariffs in the world (highest in Latin America)

it's like financial speculation

it can crash any day and they'll have nothing left

long term its a shitty strategy

It's the white man's fault.

minimum wage hikes in 12 months

It sounds like a good thing. Why are you against it? you fascist imperialist pig

Why you don't want the people to receive 1 trillion bolivars/month?

Oh no please don't answer me I always knew you were a CIA agent.

I'm way more educated and informed than you. I know that you have an agenda thus the subtle ad-hominem.

And the reason they're allowed to do it in Western countries is because they've bought off large portions of them and wield levers of financial and petro power against them, like I was saying.
Venezuela isn't even close to as socialist as those countries
> Full Universal High-Quality Healthcare far beyond European or Canadian standards
> Completely Free Education, Students are often paid to attend college
> Government is in control of not only the housing market and housing distribution but housing construction
> Some of the most generous unemployment benefits in the world, not poverty wages like Venezuela
> Civil Servants and government employees make more than the average native populace
> Military and Security/Police Forces are extremely well paid and almost always expanded and almost never cut

Bolivar was not only a Freemason but also father of the French Revolution in South America (a.k.a war of independence)

en.wikipedia.org/wiki/Gran_Colombia

Well it's a bad idea to expect much from them. Fundamentally they're still a shitty, low-IQ, tribal, medieval people who haven't really accomplished anything of their own merit but just happened to get lucky by geographically sitting atop liquid gold.

In the short term it's worked out great for them, but it doesn't seem like they really can plan in the abstract or long term or even really care much about it.

poor people start having too many kids
slums everywhere
poor people for for Chavez

>believing the media narrative
>being this blue pilled

V's main socialist policy was nationalizing the oil production for national developent, which is where they went wrong. The USA's rulers dont' like that at all, because they run the oil and they run the IMF.

THIS

Venezuela has:
>higher tax rate
>higher gov spending (% of gdp)
>less protection of property rights
>lower tariffs
>minimum wage that changes every 2 months

They have less gibs because their economy has become shit (they don't have the money to pay for it). But the freedom to invest, open business and trade is much higher in the rich arab countries compared to venezuela.

I mean sure you can point to the IMF and international capitalism in general working against Venezuela as having definite negative effects, but to deny that their extreme incompetence at managing their oil reserves and centrally planning their economy in some other facets was a huge contributor to their problems is mind-numbingly retarded.

*more tariffs, not lower

Unhinged population growth.

Everything was fine until KSA crashed the oil market. Right now, Venezuela's currency is under attack.

Communism and brown people breeding out the whites.

>yfw Latinos used to be whiter back in the 50's, 60's, and 70's.

How much in USD is 880 bolivars?

Proper exchange rate or on the black market? :^)

$88.13 or about 22 time higher than in the US on the high end

i'm not denying that, quite the opposite
i'm blaming the excessive state intervention (such as price control, excessive min wage hikes) in their economy for their failure

Good data is hard to come by from Venezuela, but I really doubt that government spending is as much of their GDP as is Saudi Arabia's (~30%) or Qatar's (~25%)

data.worldbank.org/indicator/NE.CON.GOVT.ZS
Most Middle Eastern Countries have nationalized or heavily nationalized oil industries, the difference is that they still trade them on the open foreign market with the US and other countries for dollars in order to maintain the petrodollar and OPEC agreements.

The post wasn't directed at you

>muh KGB dindu nuffin

1 potato has been deposited in your vatnik bag

88 bucks? what the fuck. Also the income tax there is 34%! even higher than in Brazil.

A pack of oreos here is about 1~1,30 USD.

i don't know...
they hire a lot of foreigners for technical work (and probably foreigners are designing their state strategy)

it's weird why they chose to act this way, I don't get it

how is it sustainable to rely only on oil ?

another case is algeria

99% of their exports was composed of oil/gas, and they would import everything (very dependant)

with prices lowering, and after DECADES of huge profit, they have nothing to show for it

now they're in deep shit

guess they're just corrupt as fuck

About $90

Obviously USA is involved.

>talking politics when there is definitely shady shit going on
I'm sure seizing 64 million bolivars on the border to Colombia can be used in a capitalism vs. socialism debate.

Communism

t. CIA

Gee, I wonder OP.

wtf is that

Your dollar means shit there. You can't buy a pack of oroes with your imperialist bill.

I even found a video teaching venezuelans how to move to Ecuador and enjoy the imperialist US dollar there

youtube.com/watch?v=fGjCIXB54L4

In Ecuador ice cream is $2,22 (USD) while in Venezuela is over 1000 bolivars

nice palindrome m8

nice cherry picked images

> how is it sustainable to rely only on oil?
Because they literally have nothing else. Sure they could be building factories or whatever in order to do their own thing, but their populace likely isn't competent enough to be able to even compete on the global market with countries like China, Japan, France, US, Germany, etc. in pretty much any market. They still aren't that capable or competent. How many Soviet physicists, chemists, etc. have you ever heard of? Switzerland has less than 1/3 of their population than them and has produced more than I can even name.

>implying soviets didnt spread communism to latin america
Both CIA & KGB had their fun

Shut the fuck up and take this seriously, shithead.

financialsense.com/contributors/dan-collins/rise-petro-yuan

*Saudi physicists, not Soviet lol, the Soviets produced more than I could even think of

they killed fucking chavez gave him cancer. then the price of gas went up. socialism fucked them further as they could not start small buissnesses as the state controlls everything

They also don't have any rapefugees. I don't remember the exact numbers but Venezuela has a couple of million Colombians and not to mention Peruvians, Panmanians, Dominicans and even Haitians.

The Gulf states impose a 0 riff-raff policy.

soviets had crazy dictator dudes and money from ww2 as well as shit they took from germany. all those scientific secrets were all germanys and given american tech

t. blue-pilled normie

Venezuelans - stealing live chickens
youtube.com/watch?v=d0wPU3KOr90

It was better in the 50s when we sent the commies to prisons in to jungle to die of diarrhea.

Anyway what went wrong? Uncontrolled immigration specially from Colombia, corruption and too many gibsmetat without any sort of control (one of the reasons people came here).

Pic is the biggest university in South America built in the fifties. My alma mater too.

how in the world am i supposed to be persuaded into taking this seriously when your approach is exclusively aggressive and uninviting?

>american education

are you receiving too many venezuelans there? how much imperialist US dollar do they make?

how is cia giving chavez cancer blupilled

what abought it. dude the russians were a fucking mess. they jacked almost all of their technology

Not only that we got a shitton of other resources that we never invested in because the black gold was too easy.

Fuck off retard.

>be nice to me or I will stick my fingers in my ears
My country isn't the one that will balkanize when petrodollar collapses, I don't particularly care.

>screaming muh socialism at Venezuela
Venezuela still has only 18.5% of the workers in the public sector. USA has 14.7%, Canada has 20%, Denmark has 30%. It's not fucking socialism.

Screaming socialism is the most blue-pilled amerishart shit there is.

>In every thread about Venezuela some reddit spy here, after about 30 minutes, send the link to /leftypol/ so they can raid here

Why is it like this every time? don't you leftists sleep early or something?

>but their populace likely isn't competent enough to be able to even compete
right now for sure, but they make such huge profit from their shitty oil that they have the luxury to invest for decades in education/infrastructure to be competitive in some markets
>Saudi physicist

does that even exist ? perhaps it is haram

Not only that but they suffer power and gas shortages

>only 18.5%
Believing in the official Bolivarian reports.

It was already nationalized. What Chavez called nationalisation was firing everyone in PDVSA that didn't share his views and put party cronies at higher positions.

What a retard. Literally just good Soviet Physicists and find out how many there were who aren't German, the overwhelming majority, like literally 99%+ of them. Also they produced a shit ton of scientists before WWII too, were they just clandestinely kidnapped German scientists too?
> Who is Andrey Kolmogorov
> Who is Zhores Alferov
> Who is Nikolay Basov
> Who is Vitaly Ginzburg
> Who is Yakov Frenkel
> Who is Lev Landau
> Who is Alexander Prokhorov
> Who is Pavel Cherenkov
> Who is Evgeny Lifshitz
> Who is George Gamow
> Who is Yakov Borisovich

I don't believe main street meteor about fake news and pizzagate. I don't believe them about anything where they utter the word "socialism".

dude how in the fuck is them being employed more going to help them, theyre like mexicans, none of them are fucking doctors

>scientists

Why is that communists have a fetish about scientists and teachers?

it's like they are some kind of deity.

>posting statistics of this country
They are all skewed.

>My country isn't the one that will balkanize when petrodollar collapses, I don't particularly care.
then don't be such a sour faggot or pretend that you do care. russia has been predicting that "the US will balkanize in 10 years" for the past 5 decades, i'm not particularly alarmed nor am i in a position to stop it from happening.

quit being such a whiney faggot.