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No food, no teachers, violence in failing Venezuela schools

Grim17

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How much worse can it get in Venezuela? We've seen story after story about how this country, which adopted socialism under the late Hugo Chavez, has been falling apart for the last few years, and one has to wonder how much farther down can it spiral.




No food, no teachers, violence in failing Venezuela schools


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Poverty sure as hell doesn't work. Was Venezuela good before the embargo?
 
https://en.wikipedia.org/wiki/United_States%E2%80%93Venezuela_relations

Sorry, I said embargo, when I should have said sanctions.

Venezuela's problems are theirs and theirs alone.

Venezuelans elected the Socialist, Hugo Chavez who went on to Nationalized Venezuela's wealth creating industries under the pretense of returning Venezuela's wealth back to the common people.

Under Socialism Venezuela's Central planners mismanaged every industry they Nationalized and instead of working on diversifying away from Oil decided to become almost solely dependent on a volatile commodity.

Other industries were so mismanaged and or neglected Venezuela became heavily dependent on imports for even the most basic goods. Venezuela has to import Coffee of all things.

When Oil prices fell, the Venezuelan Govt thought it would be a good idea to make up for that lost revenue by printing money.

Its called " Siegnoriage ", and its the profit a Sovereign currency holder makes when the cost to print currency is less than the face value of that currency.

But no Government does this to any extent because its exceedingly dangerous and idiotic. Execpt for Venezuela of course

Now, their currency is worthless. Since no importer wants to be paid in worthless Boliviars their people lack basic goods and food, there's biblical shortages of food and supplies

Sure, the pro-Socialist narrative is to blame America but thats easily debunked
 

Ironically, the narrative of blame seems to be on free trade. Just think of what could happen if NAFTA disbanded. We'd probably never see another Honduran mango again. Mexican mangos would cost twice as much and be the size of a thimble because of the lack of competition among mango growers.
 
Chavez played on the hopes of the ignorant, hungry, and uneducated.

When you are desperate and hungry, you will place hope in anyone who says the right words.
 
Chavez played on the hopes of the ignorant, hungry, and uneducated.

When you are desperate and hungry, you will place hope in anyone who says the right words.

Ignorant and uneducated too. It's no great mystery why the Democrat party is trying to flood the US with a as many illegals from Mexico, Central and South America as possible. They're typically uneducated, and ignorant of the concepts written into our founding documents that limit Government. Concepts like Natural law, rugged individualism and American exceptionalism are alien to them. Many illegals think they're entitled, think tax payers should pay for their Healthcare and provide them with Social services, they're the perfect demographic for the Democrat party to exploit.

They're also predisposed to accept Socialism as a solution, believing that the Govt, any Govt actually has the ability to right disparity and make things " fair ". That's what Chavez promised, to return the wealth of Venezuela back to its people, and unfortunately for them, they bought into it.
 
I love how right wingers still can't figure out that nobody in America is proposing a system like Venezuela.
 
and liberals want to try those same policies here. :doh

i feel sorry for Venezuelans, but they got what they voted for, and so will we.
 
I love how right wingers still can't figure out that nobody in America is proposing a system like Venezuela.

and liberals want to try those same policies here. :doh

i feel sorry for Venezuelans, but they got what they voted for, and so will we.

Q.E.feeakinD :lamo
 
Chavez played on the hopes of the ignorant, hungry, and uneducated.

When you are desperate and hungry, you will place hope in anyone who says the right words.

Isn't that pretty much what the democrats in the US have been doing for years? The good ol' "take from the rich and give to the poor" mantra that promises free college, free health insurance, free birth control, free food, free phones, free internet, etc... If we don't stress the value of self reliance and hard work on the kids and young adults of today, we will end up becoming a socialist ****hole like Venezuela in the not too distant future.
 
The end result of Socialism is the very few have, and the rest are equally miserable.
 
The end result of Socialism is the very few have, and the rest are equally miserable.

Funny, that's the end result of Randian beliefs too!
 


The one interesting note is that Venezuela inadvertently installed a fuse in their seignoriage system that staved off complete monetary catastrophe when they even contracted out the printing of their money to a company in Canada. We won't see trillion bolivar notes because they can't afford to print their money anymore.
 
I love how right wingers still can't figure out that nobody in America is proposing a system like Venezuela.

Nobody ever does. It still turns out that way, though.
 
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