>Small population
>Largest oil reserves in the world
>Close to the USA and major trade routes
>Commie economic collapse and the population literally starving to death
What the fuck went wrong?
How are they not Norway-tier?
At least Saudi Arabia-tier?
How can a country fuck up so badly?
Other urls found in this thread:
youtu.be
youtu.be
el-nacional.com
youtu.be
independent.co.uk
inflationdata.com
twitter.com
Overdependance on oil, government and good portion of the population are socialist in a country where most of the land and industry is still privately owned, i.e international industry has equivelant power to the government so the situation is a mess. The Venezuelan government is fucking up and the private sector is hoarding food and funding resistance.
>the private sector is hoarding food
t. Mao
The army meddling in politics due to corruption of the political class, it´s typical in south america
Why is that so hard to believe? They dont want to just sit by and let the socialists get into power and if they dont fuck up the comfort level of the average citizen it might allow for a smooth transition. The shitty government policies are also involved of course, as I mentioned.
Remember kids, command economies simply do not work.
Also, resource curse.
"Hoarding" (more accurately, scarcity) is a result of price controls, ever since the time of Diocletan. Nobody wants to produce nor sell at a loss, but amazingly retarded commies like (You) insist with the same policies over and over again.
I agreed with everything you said except the last part.
>the private sector is hoarding food
only tankies, who are retards beyond repair, would believe that hoarding food is profitable
you were doing so good but then had to drop your head
But if they want to maintain control over the country it would be better to discredit/put pressure on the government, no? Maybe I'm wrong but please explain. I thought the rationale here was that even tho it is wasteful and unprofitable in the short term it's a long term investment in having access to the country's resources/markets, and an investment in the continued viability of global free markets i.e. Venezuela cant set a precedent of dropping out (more or less) democratically
This is my understanding but maybe I'm wrong
>But if they want to maintain control over the country it would be better to discredit/put pressure on the government, no?
what kind of weak ass government is that one that can be put on its knees by stacking full fridges and more fridges and more and more fridges?
Yes, you're right, this board is just full of reactionary fascists.
If this were the case, anyone who wasn't in on the conspiracy could take advantage of the increased prices to sell at a massive profit and outmaneuver the other companies.
Fridges? We're talking about fruit plantations, farmland, food imports, cattle ranches, etc. Entire industries playing the long game, not Jose and Maria's country store spitefully hiding corn in their barn.
Who would have enough capital to do that who wasn't already invested in the failure of the Venezuelan state? And if they had the capital why would they invest it on a project within a socialist state with an uncertain future for the private sector?
> socialist
> jobs and industry in Venezuela are 70-80% privately held
New question: where tf were all you yt bois (you too, boujee venezolanos -- no one thinks you're argentinan bruh) when it was a bunch of poor, brown working class people starving and in much shittier conditions than now? I mean come tf on. Your opinion on this matter is most likely determined by how much Latin American history you know.
>And if they had the capital why would they invest it on a project within a socialist state with an uncertain future for the private sector?
Which is why they don't invest and you can't force them to, retarded commie. Nobody wants to manufacture goods at a loss what part of this is so difficult to understand? It's not some big conspiracy, just failed economic policies.
its determined by how many NYT and CNN articles call Ven. a regime and Chavez a dictator
And where you can stack and hide all those fruit plantations, farmlands, cattle ranches? THEY DO NOT EXIST IN MODERN VENEZUELA. Since Chávez, every square mile of productive soil has been nationalized and after that it has been teared appart by bureaucrats and fat cats. They were masking it with huge subsidies to imports while the oil price was high. Now that it's low since 2014s, the whole mess has become evident: They do not have a productive agricultural sector and the few ones who still produce are forced to sell at "fair" prices (again socialism dictating prices and establishing stupid controls) and then those surviving business became either unproductive or pure subsistence farming.
There's no conspiracy, there's no black hand. It's just corruption behind state paternalism and a wrong political idea binding all of that.
They wanted to keep their oil wealth for themselves.
>much shittier conditions than now
Are you serious? People are eating garbage and hunting dogs in the streets right now. At leats in the past (since the fall of Perez Jiménez) we had economic stability (except for the viernes negro and some other shit) but not this clusterfuck of inflation, corruption, lack of goods and insecurity is literally killing us. Hell, at least in 2001 I could go out to take a walk in the streets without getting robbed or go to the shop and buy toilet paper. I'm not a fucking burgueois or anything, I'm a simple poor history teacher and I can tell you, without doubt, that this is the shittiest, worst gov that this disastrous country had since the federal war.
t. Venezuelan
>Chavez nationalized all of the land
>70% of the country still privately owned
Mostly youre agreeing with what I was originally saying tho, the country is in an impossible to function no-man's-land between worker ownership and private enterprise. Of course the market wont be able to function properly the way the Venezuelan governments fettering it. I'm not saying le big ebil capitalists are sadistically making everyone suffer, theyre acting in accordance to a profit motive that leads to economic success under certain circumstances where the government is helping guide it instead of gut it. Capitalists cant be expected to be regulated with gun-point demands of humanitarian ideology because there is no ethical dimension to market forces. If the Chavinistas actually want to try an experiment in worker ownership they should turn over ownership to worker syndicates and agrarian communes. Im not even a super dogmatic commie, im fully admitting that this is on the Venezuelans governments hands and they should either concede to neoliberalism or make an actual attempt at socialism.
Proofs? No offense but u know how often people lie about this shit on forums
I'm not saying Venezuela isn't in the shits rn. It is.
But, I'm just saying how interesting it is, given the US history in the area, the leaked docs we have about US involvement in the area, etc, and people are coming up in arms as if this is the absolute worst state of Venezuela in recent times, like the 90s didn't exist, mainly because it's boujee and yt people both in Venezuela and abroad complaining about it.
Like come on, we don't give people with x2 longer of a dirty list than Venezuela more than a glance every so often, but suddenly Venezuela is some degenerate state? pls.
No, I agree. It's capitalism working as it is, and the *enactment* of socialism into the economy that failed. Venezuela is, in my smarmy marxist opinion, why democratic socialism and reformist ways of handlig issues just leads to huge fuck ups. And they did fuck it up.
eh I guess enactment is the wrong word. The push to bring about socialism failed is what I am trying to say lol.
There's an active blackmarket of contraband goods across the Colombian border and the authorities over there are all too complicit. Venezuelans have to travel across the border to buy their own products back at a marked up price and Colombians also take advantage of the subsidized prices over there.
Inflation reached 103% in 96' and was already at 85% in 89'. It had been brought down to moderate lows throughout most of the PSUV governance. The current situation is probably partly the fault of the ongoing events in the Middle East. America would have entered a second recession back in 2011 had Gaddafi remained in power or the Libyans not been able to export any oil.
As for people eating garbage, the picking out of food from the refuse of supermarkets and blackmarket resellers is a long established habit. Venezuelan beggars are famous for turning down single dollars also.
youtu.be
youtu.be
For some alternative perspectives check out Abby Martins' videos.
It all started with a group of lefty faggots called the 28s generation. They we're against a dictator called Juan Vicente Gómez, with all of their right because he was an utter asshole.
Well, the fucker JVG died in 1935 and a couple of good bois dindu came to power and "democratized" the country.
Eleazar López Contreras and Isaías Medina Angarita, two good guys.
The second had a somewhat weak hand and the gov was still pro Gómez, but was making amazing advances like legalization of political parties, universal and secret voting and women suffrage (in municipalities), economic aperture, social programs, oil investment, reformation of the army, etc. Then, this left fuckers did a coup (because a conflict with a crazy candidate and other shady shit) and Medina Angarita, as the faggot he was , didn't kill them all.
Then, a lefty party called Acción Democrática came to power and started a bipartidist shit like the USA. But more left lenient (Completing with COPEI)
This two socialdemocrat parties did mediocre jobs at managing the country, which is infested with retarded, corrupted and greedy people. With the oil money they gave better public education (it has been free since 1870) and started a lot of social programs. But the country was a top in this terrible continent. In 1975 a oil boom starts and Venezuela becomes so rich that de Bolívar is more valuable than the $ ( it also happened in 1950) but, as always, corruption fucked up everything and when the boom ended, everything went to shit/mediocre again.
In 1989 the president, which was the president in 1975 (at the same time of the oil boom) came to power and made some economic policies that in paper were pretty good but again, the people as stupid as it is, rioted and Chávez appeared as a savior for the gibs.
I'll continue tomorrow, I'm tired and it's kinda late here
>Proofs
Here boy el-nacional.com
What source do you want? The ones that people are eating dogs? Or the ones that there was "economic stability" before?
The the first one is here
Didn't reinvest in oil processing or what ever so when the price went down bigly a couple years ago they really got fugged
...
>oposicion media
This academic writer seems to be doing quite good though.
youtu.be
Interesting, thanks.
>There's an active blackmarket of contraband goods across the Colombian border and the authorities over there are all too complicit.
Are you implying Venezuelan authorities aren't complicit as well? The corrupt Venezuelan military is selling the imported goods st inflated prices in Colombia.
>Venezuelans have to travel across the border to buy their own products back at a marked up price
MAYBE IF THE GOVERNMENT WASN'T PUTTING LUDICROUS PRICE CONTROLS THEY COULD BUY THEIR GOODS AT HOME
>Inflation reached 103% in 96' and was already at 85% in 89'. It had been brought down to moderate lows throughout most of the PSUV governance.
Yeah right.
40% inflation in 2008
70% in 2011
1600% today
>The current situation is probably partly the fault of the ongoing events in the Middle East. America would have entered a second recession back in 2011 had Gaddafi remained in power or the Libyans not been able to export any oil.
What the fuck?
Why aren't Norway and Saudi Arabia suffering from hyperinflation then? They are also major oil exporters. Maybe it has to do with the fact that the Venezuelan government has been printing money like there's no tomorrow.
>As for people eating garbage, the picking out of food from the refuse of supermarkets and blackmarket resellers is a long established habit.
No, the country is in a fucking humanitarian crisis you leftist cretin.
independent.co.uk
>75 per cent of the country’s population has lost an average of 19 pounds in weight, a new study has found.
Holy shit thank you for ruining my thread you fucking tankies.
It's one of the oldest and most trusted papers in our country. I preffer beliving that since, you know, I live here and know what is really going on.
If you want to believe the version of a government that says that Portugal is in America, that a national blackout was caused by a couple of iguanas, that the hyperinflation it's because an economic war, believes that there's a memetic war (they literally said this), lies and rigs in elections, doesn't accept humanitarian help, it's up to you. But I can tell, that you have never set a foot on here. Have a good day
>that a national blackout was caused by a couple of iguanas
What the fuck
Center-left run the country for nearly 40 years, they create a massive amount of poor voters dependent on the government so they could easily win all the elections, then Chavez came and stole all those voters, he went full commie and full retard effectively destroying the country. The end.
>The corrupt Venezuelan military is selling the imported goods st inflated prices in Colombia.
Could be blamed on them but then again it wouldn't help their own posture collectively.
>MAYBE IF THE GOVERNMENT WASN'T PUTTING LUDICROUS PRICE CONTROLS THEY COULD BUY THEIR GOODS AT HOME
Or if crony peddlers weren't smuggling all the goods out or burning them like here>Yeah right.
Pic related faggit.
>Why aren't Norway and Saudi Arabia suffering from hyperinflation then?
Maybe cuz it's not a member of NATO? And everyone knows that Saudis are throttling prices to keep from being wiped to irrelevance by Shias.
>No, the country is in a fucking humanitarian crisis you leftist cretin.
See videos.
>Holy shit thank you for ruining my thread you fucking tankies.
Do you porkies need another Charlottesville to shut you up for a day or two?
Yes leftists media is ridiculous. Rightwing Florida Cuban media owned by Jews is serious.
How is that pic supporting your argument? Inflation tracking money printing perfectly aka entirely the fault of the commie government.
What has Norway being in NATO got to do with anything?
You HAVE to be a troll, nobody could be this fucking retarded.
>What the fuck went wrong?
Not enough white people
>How is that pic supporting your argument? Inflation tracking money printing perfectly aka entirely the fault of the commie government.
>Denied that it had been stable for most of the PSUV administration.
What has Norway being in NATO got to do with anything?
>Pretending being this naive.
What country and city are you from? You speak as you know really well about what is happening here.
As for me, I'm from a little town here called San Félix. I can tell you that I see every morning, when I go to my job, a group of beggars (like 15-20 people with kids) going to the backyard of the Hospital Guaiparo to pick up the trash and find food. And this is coming from a venezuelan, not a jewish floridan newspaper or whatever you want to call it.
Blanco!
>Denied that it had been stable for most of the PSUV administration.
Hitler did not kill Jews until the last years of his government too, that makes it OK!
>>Denied that it had been stable for most of the PSUV administration.
Fun that you bring that up. Chávez had oil prices at 12$ per barrel when he started in 1998 and when he died in 2013 it was at 90ish $ per barrel. Yet, the economy was a lot worse. Isn't that weird? Like, they fucked up or something. Also, the very same people that were in the gov with Chávez is right now with Maduro
Latin Americans are shitty people who live in a shitty culture
Even a capitalist Venezuela would still be a violent drug-filled shithole. It'd just have less starvation.
The solution is to kill all the people and repopulate it with East Asians.
Lots of shitty shills are engaged in a perpetual war with the state. Being willfully ignorant of the past and trying to pretend it doesn't exist won't get you anywhere for as long as people are able to see it.
International msm rightwing news affiliates
Big Black Cuck
NBC Jewniversal
JewNN
Jewnivision and the Saban group.
FAUX
Meanwhile on the otherside there's nothing but Russia, China, and State sponsored Venezuelan stations that took the initiative to provide people with instructional programming instead of constant infotainment.
>No proofs and utter bullshit claim
checks out
...
>Chinks not needing to be napalmed
The Nips are the real solution.
Fuck it, crony news affiliates.
>No proofs
Just look up the oil prices by yourself, it's not hard.
Yeah and it was the world that had it at those prices not Chavez and he didn't hike them up to $90 a barrell like you were trying to claim. Like I mentioned earlier they were approaching $130 during the uprising in Libya.
I'm on your side you dongus
?????
Hugh oil prices should be a boon to Venezuela retard. Are you claiming high oil prices caused the hyperinflation? What the fuck are you even trying to say?
Come back when you are finished with high school please this is getting embarrassing.
Well the economy was markedly worse, otherwise the government wouldn't have enjoyed such support up till 2012. And oil prices have fallen not risen.
The US is not an exporter country until drill baby drill.
So?
If the US or other NATO countries were harmed by the rise in prices in 2011 it was because either the turmoil in Libya or the Gulf Arabs throttling prices in reaction to it perhaps to get countries to intervene. Libya has one of the highest quality sweet crudes while Venezuela has low quality oil. In Syria just like Libya rebels and contrabandists are partly responsible for getting the oil network back up and running but even then Russian fighter jets have been sending trucks attempting to smuggle oil across the Turkish border to hell.
>How can a country fuck up so badly?
socialism
Ok what has that to do with Venezuela's economy collapsing? If anything high oil prices should have helped Venezuela
>tfw talking to thicc qt Venezuelan grll online
Get em while they're hot Bois. Minimum wage is $20....a month
Prices have fallen.
This map always triggers me when I see Saudi Arabia and Oman. People live like dogshit over there.
They are still higher than what they were before Chavez got elected... if socialism needs sky-high 2008-record oil prices to survive then it's not a viable economic system don't you think?
Why aren't other major oil exporters collapsing and suffering from hyperinflation?
Diversification of their economies using the oil money.
>They are still higher than what they were before Chavez got elected
Economies are delicate and can be greatly damaged by sudden shocks.
>Why aren't other major oil exporters collapsing and suffering from hyperinflation?
The count on NATO/ Israeli support while countries outside of that alliance that are belligerent receive sanctions. Also it's not like they have an interest or the ability to keep all oil producing nations with Dubai tier standards of living. Look at Nigeria.
Venezuela is increbily dependant on oil and ha poor development of it's other industries so it being able to pay for it's social development and polices with oil hinged on oil prices duh. Pre-Chavez the government still had the same issue back then as it does now.
Venezuela has always been about using oil to gain the populations support.
Amerindians are superior to europeans though.
>What the fuck went wrong?
Commies are retarded.
