Venezuela: how the socialist paradise turned into debt and hyperinflation hell

[Grim17]

With another story about the unraveling of Venezuela due to years of socialist policies, it's hard to believe that there are millions who want socialist government rule here in the US. Socialism turns a society into one of government dependence, low productivity, less freedom, and a hell of a lot of poor families.

Here are a few excerpts from a very long article:

Venezuela: how the socialist paradise turned into debt and hyperinflation hell

Excerpt


It wasn’t always this way. Diego Moya-Ocampos, senior political risk analyst at IHS, says the current crisis is the result of years of “economic mismanagement” by the ruling socialist party.


Led by Hugo Chávez, the country’s firebrand former president, the country embarked on a wave of expropriation and redistribution with the charismatic leader offering cut-price fridges, appliances and even new homes to poor Venezuelans.


Chávez wanted to create a socialist paradise, an ideology that has been reinforced by his successor Maduro following his death in 2013.


...


Many Venezuelans have already left the country, including Francisco Flores. “Venezuela has taken good working companies, given them to the poor but not equipped them with the skills to run them so they go bankrupt,” he says.


“That’s just a recipe for destroying a country.”


The NHS therapist, who now lives in London, says the regime is based on a principle of keeping everyone “equal but poor”.


“This way, the state becomes a nanny and everyone loses the power to do anything because they are so dependent on it.”

Read the entire article here.


.

 

[ludin]

yep pretty much. of course if you count all the corruption and crime in government that didn't help either.
however it is shown time and time again that; that model of government cannot be sustainable nor can the
economy be sustainable for the people.

co-ops are a bad idea and very rarely work.
South Africa did the same with the farm land.

they took it all away and redistributed it to other people and they didn't want to farm.
so it just sat there and no one used it.

they did the same thing in Venezuela. farm land sits empty and no one farms it.
Zimbabwe was even worse.

you can't have government control everything and people live and prosper.

 

[Van Basten]

I hope they clean that ****hole up.

I saw some pictures of the hospitals and it was disgusting. I mean, Cuba's poor and generally **** and they still have a decent system without hospitals looking like something out of rural Uganda. No excuse for that nonsense.

 

[ludin]

I hope they clean that ****hole up.

I saw some pictures of the hospitals and it was disgusting. I mean, Cuba's poor and generally **** and they still have a decent system without hospitals looking like something out of rural Uganda. No excuse for that nonsense.

actually cuba has 3 different sets of hospitals. most of which media and medical tourists never see.

you have the hospitals for the government people.
then there are the hospitals for the medical tourists and media.
both of these are surberb in quality.

then you have the hospitals for everyone else that can't afford it.
they are bad. if you are sick and they happen to have the medication that day
then you are in luck. if not ol well.

The truths and tales of Cuban healthcare - Al Jazeera English
https://panampost.com/belen-marty/2...tals-that-castro-doesnt-want-tourists-to-see/

 

[beerftw]

I hope they clean that ****hole up.

I saw some pictures of the hospitals and it was disgusting. I mean, Cuba's poor and generally **** and they still have a decent system without hospitals looking like something out of rural Uganda. No excuse for that nonsense.

Google images of cuban hospitals, many are building that would be condemned in the us, to doctors performing surgeries in straw huts. They were way worse off than china and the soviet union when it came to hospitals, the societ union had well trained doctors and clean facilities, but was always short on medical supplies, cuba could never get the clean part right except for tourist hospitals seen by outsiders.

 

[Dittohead not!]

With another story about the unraveling of Venezuela due to years of socialist policies, it's hard to believe that there are millions who want socialist government rule here in the US. Socialism turns a society into one of government dependence, low productivity, less freedom, and a hell of a lot of poor families.

Here are a few excerpts from a very long article:



Read the entire article here.


.

Nobody, but nooo..body is advocating Venezuelan style socialism in the United States.

Nobody.

Now, let's take a look at Denmark, at Finland, at France, and other nations that actually have put into place some of the policies that really are being advocated by some here.

When they go the way of Venezuela, then get back to us. We'll be waiting.

 

[ludin]

Nobody, but nooo..body is advocating Venezuelan style socialism in the United States.

Nobody.

Now, let's take a look at Denmark, at Finland, at France, and other nations that actually have put into place some of the policies that really are being advocated by some here.

When they go the way of Venezuela, then get back to us. We'll be waiting.

they can't support their socialist programs either.
hence why their taxes are through the roof and they are cutting back on services offered.

france even did away with their rich tax because it wasn't bringing in anything and all the rich people left go figure on that one.
you can't spend your way into prosperity.

they only way to benefit everyone is to ensure that businesses and corporations can grow and we are not talking mega corporations.
we are talking start ups and small businesses that need to do from 10 to 40 people.

at some point all businesses reach a saturation point.

 

[Van Basten]

actually cuba has 3 different sets of hospitals. most of which media and medical tourists never see.

you have the hospitals for the government people.
then there are the hospitals for the medical tourists and media.
both of these are surberb in quality.

then you have the hospitals for everyone else that can't afford it.
they are bad. if you are sick and they happen to have the medication that day
then you are in luck. if not ol well.

The truths and tales of Cuban healthcare - Al Jazeera English
https://panampost.com/belen-marty/2...tals-that-castro-doesnt-want-tourists-to-see/

Google images of cuban hospitals, many are building that would be condemned in the us, to doctors performing surgeries in straw huts. They were way worse off than china and the soviet union when it came to hospitals, the societ union had well trained doctors and clean facilities, but was always short on medical supplies, cuba could never get the clean part right except for tourist hospitals seen by outsiders.

Fair points, my bad.

 

[Dittohead not!]

they can't support their socialist programs either.
hence why their taxes are through the roof and they are cutting back on services offered.

france even did away with their rich tax because it wasn't bringing in anything and all the rich people left go figure on that one.
you can't spend your way into prosperity.

they only way to benefit everyone is to ensure that businesses and corporations can grow and we are not talking mega corporations.
we are talking start ups and small businesses that need to do from 10 to 40 people.

at some point all businesses reach a saturation point.

and yet "socialist" Switzerland has a higher individual income after taxes than does the United States. So does "socialist" Denmark.

source

The reason is that there's a big difference between "socialism" and real socialism.

 

[DamnYankee]

With another story about the unraveling of Venezuela due to years of socialist policies...

Here’s the problem. Leftists in the US DO want this kind of socialism in the US. They very much desire, and will use violence, or other means, to achieve total socialist control over Americans. Look at all the violence being conducted by leftists right now, especially from supporters of Comrade BS. These people are like locust devouring everything in their path.

 

[Redress]

Here’s the problem. Leftists in the US DO want this kind of socialism in the US. They very much desire, and will use violence, or other means, to achieve total socialist control over Americans. Look at all the violence being conducted by leftists right now, especially from supporters of Comrade BS. These people are like locust devouring everything in their path.

Why is it, every time some one tells me what I want or believe, they get it majorly, hilariously wrong?

 

[Velvet Elvis]

let's take a look at Denmark, at Finland, at France, and other nations that actually have put into place some of the policies that really are being advocated by some here.

Denmark has the highest tax rates in the world. Not just for your hated rich, but for everyone. Their energy costs are also hyper-inflated by the government to promote less usage.
Finland's GDP is far lower than any other major country. They are close to 10% unemployment, and that's been riding a 5-year trend.
Obviously you've forgotten about all those riots in France, when they attempted to scale back some of their (failed) socialist labor policies.

It's not so much a "Venezuelan-style" of socialism is what causes a country to collapse. It's socialism in general where the end result is "Venezuela."

 

[DamnYankee]

Why is it, every time some one tells me what I want or believe, they get it majorly, hilariously wrong?

Because you are confused.

 

[Redress]

Because you are confused.

About what I want and the means I use to get it? No, not at all, though you certainly seem to be.

 

[DamnYankee]

About what I want and the means I use to get it? No, not at all, though you certainly seem to be.

Leftists are notoriously dishonest with themselves.

 

[Redress]

Leftists are notoriously dishonest with themselves.

Conservatives are notoriously confused about liberals, as well as science, biology, economics, and...well, the list goes on and on.

 

[DamnYankee]

Conservatives are notoriously confused about liberals, as well as science, biology, economics, and...well, the list goes on and on.

:lamo

As I said, you are confused.

 

[DamnYankee]

you can't spend your way into prosperity.

Leftists are slow learners.

 

[TobyOne]

Only the "good" kind of socialism, right? Thats like advocating for only the "good" kind of racism.

Nobody, but nooo..body is advocating Venezuelan style socialism in the United States.

Nobody.

Now, let's take a look at Denmark, at Finland, at France, and other nations that actually have put into place some of the policies that really are being advocated by some here.

When they go the way of Venezuela, then get back to us. We'll be waiting.

 

[Dittohead not!]

Denmark has the highest tax rates in the world. Not just for your hated rich, but for everyone. Their energy costs are also hyper-inflated by the government to promote less usage.
Finland's GDP is far lower than any other major country. They are close to 10% unemployment, and that's been riding a 5-year trend.
Obviously you've forgotten about all those riots in France, when they attempted to scale back some of their (failed) socialist labor policies.

It's not so much a "Venezuelan-style" of socialism is what causes a country to collapse. It's socialism in general where the end result is "Venezuela."

Both of those countries have an average after tax income that is higher than that of the United States. Did you follow my link?

What they have in Western Europe is not socialism. What they tried in Venezuela is socialism. That's why Venezuela is a mess while the economies of Western European countries is pretty solid.

And nobody is advocating that the US follow the lead of Venezuela. What people are doing is getting hung up on a word that has more than one definition: Socialism.

 

[Dittohead not!]

Only the "good" kind of socialism, right? Thats like advocating for only the "good" kind of racism.

Check out the results and see for yourself. Just because some call it socialism doesn't mean that it is. How patriotic is the Patriot Act? How affordable is the Affordable Care Act? How many apartments complexes with "meadow" or " brook" or "woods" in their names actually have meadows, brooks, and woods? People call things by misleading names all the time.

 

[DamnYankee]

What they have in Western Europe is not socialism. What they tried in Venezuela is socialism. That's why Venezuela is a mess while the economies of Western European countries is pretty solid.

Europe isn't "solid."

Americans dump billions of dollars annually to defend Europe. If Europe were to foot the bill in defending themselves, all those wonderful social programs would crumble to dust, OR they would be one big Venezuela. Just sayin'.

 

[Dittohead not!]

Europe isn't "solid."

Americans dump billions of dollars annually to defend Europe. If Europe were to foot the bill in defending themselves, all those wonderful social programs would crumble to dust, OR they would be one big Venezuela. Just sayin'.

Ever notice that when someone says "just sayin'" what they're just sayin' is a bunch of hooey?

 

[ludin]

and yet "socialist" Switzerland has a higher individual income after taxes than does the United States. So does "socialist" Denmark.

source

The reason is that there's a big difference between "socialism" and real socialism.

I just compared NYC to zurich.
Cost of Living Comparison Between Zurich, Switzerland And New York, NY, United States

pretty much everything is lower in NYC except rent than in zurich.
so you need all that extra money just to pay the higher cost of everything.

it pretty much is a wash in the end. you live in a even lower costing area of the country
and the gap is way wider.

it is a difference of nothing except they pay way more on everything they own.

 

[ludin]

Both of those countries have an average after tax income that is higher than that of the United States. Did you follow my link?

What they have in Western Europe is not socialism. What they tried in Venezuela is socialism. That's why Venezuela is a mess while the economies of Western European countries is pretty solid.

And nobody is advocating that the US follow the lead of Venezuela. What people are doing is getting hung up on a word that has more than one definition: Socialism.

your link if bunk when it comes to comparing cost of living.
I just compared NYC a very high costing city to a city in Switzerland.

everything is higher in Switzerland except rent. you need all that extra money in order to pay for the high cost of living.
you compare that to say Orlando and the gap is even worse.
Cost of Living Comparison Between Orlando, FL, United States And Geneva, Switzerland