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Thread: Venezuelan death spiral accelerates

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    Politics.ie Member Kevin Parlon's Avatar
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    Default Venezuelan death spiral accelerates

    The country, already the most difficult to do business in in all of South America now faces further decline. The mad Socialistas of Caracas, having won on a margin of 0.6% are now doubling down on their deranged attempts to institute a command economy. Parliment has just voted to allow union heavy, former bus driver and now President Nicolás Maduro to rule by decree.




    Populist moves like setting prices that business must sell at and sending in troops to confiscate businesses from their owners (sorry: “bourgeois parasites”) and then selling the plasmas to their supporters at knock down prices means that what was a mad and dangerous place to start a business is now looking truly hopeless. He has declared all out war on the economy sorry, the "barbaric, capitalist parasites".

    Machado, a lawmaker and one of Maduro’s toughest adversaries, said during Tuesday’s hearing "You have ruined, persecuted and expropriated. Everything you touch you ruin. Everything you touch you asphyxiate and corrupt. This has generated unemployment, shortages, pain and misery in Venezuela."

    Are the Venezuelans mad? Will the policies of el presidente destroy what little is left of their economy (a truly astounding feat given their oil reserves) or usher in a new utopia of socialist paradise?

    Venezuela business leader says Maduro forcing "failed" economic model - swissinfo.ch

    Venezuelan president Maduro given power to rule by decree - The Washington Post
    "an intelligent, well-informed sparring partner for real debate" - Chris Alexander, Canada's Minister of Citizenship and Immigration from 2013 to 2015.

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    Politics.ie Member Burnout's Avatar
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    ...a great little country to do business...



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    Last edited by Burnout; 20th November 2013 at 11:03 AM.

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    A totally unbiased view then?

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    Politics.ie Member Sync's Avatar
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    When you detach yourself for the obvious idiocy of the policies, what they're doing isn't too different to what all govts do prior to an election, just at an amped up level. The local elections were about to take place and the govt basically gave everyone a new tv. If you're poor you're going to vote for that govt
    I'm living in America, and in America, you're on your own. America's not a country. It's just a business. Now f***ing pay me.

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    Politics.ie Member Kevin Parlon's Avatar
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    Quote Originally Posted by Levellers View Post
    A totally unbiased view then?
    Perhaps you have an opinion, or would like to point out any factual inaccuracies I may have inadvertently included in the OP? Or perhaps you don't like the facts themselves?
    "an intelligent, well-informed sparring partner for real debate" - Chris Alexander, Canada's Minister of Citizenship and Immigration from 2013 to 2015.

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    Politics.ie Member firefly123's Avatar
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    Free telly? He's got my vote!!
    Life is hard
    That's why no-one survives

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    Politics.ie Member Kevin Parlon's Avatar
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    They're like lunatics railing in outrage at the sun for rising despite their decree that it should not. They've tried to make inflation illegal. They've tried to fix prices, which have resulted in the prices people actually pay increasing by a factor of 9. This would be funny if it wasn't resulting in food shortages and real prolonged suffering. When you consider the size of the country's oil reserves (bigger oil reserves than Saudi Arabia) it is a staggering outcome.

    I am wondering if any dyed-in-the-wool revolutionary socialists would care to help us understand which part of socialist economic theory they're getting wrong in Venezeuala that's causing this, which should, of any country already be a socialist paradise.
    "an intelligent, well-informed sparring partner for real debate" - Chris Alexander, Canada's Minister of Citizenship and Immigration from 2013 to 2015.

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    Politics.ie Member Raketemensch's Avatar
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    Quote Originally Posted by Kevin Parlon View Post
    They're like lunatics railing in outrage at the sun for rising despite their decree that it should not. They've tried to make inflation illegal. They've tried to fix prices, which have resulted in the prices people actually pay increasing by a factor of 9. This would be funny if it wasn't resulting in food shortages and real prolonged suffering. When you consider the size of the country's oil reserves (bigger oil reserves than Saudi Arabia) it is a staggering outcome.

    I am wondering if any dyed-in-the-wool revolutionary socialists would care to help us understand which part of socialist economic theory they're getting wrong in Venezeuala that's causing this, which should, of any country already be a socialist paradise.
    Before Chavez, everyone except the super elite in Venezuela were dirt poor and illiterate and we never heard a peep from the likes of you or Fox News about how big their oil reserves were. Hmm, I wonder why that was?

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    Quote Originally Posted by Raketemensch View Post
    Before Chavez, everyone except the super elite in Venezuela were dirt poor and illiterate and we never heard a peep from the likes of you or Fox News about how big their oil reserves were. Hmm, I wonder why that was?
    Left wingers were always critical of previous regimes for their obvious economic and social failures, but never hear a bad word from them about Chavez.

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    A documentary on the American coup against the elected leaders of Venezuela. As filmed by an Irish camera crew. This is what the OP is hoping for again.



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