Is it the fault of the USA that Venezuela’s currency is so devalued that a great part of the population has to emigrate outside the country?
i mean, maybe maduro and the venezuelan government aren’t the best economists out there, but american intromission and black propaganda fux any economy
Anyone that says they should have diversified their economy is just being unrealistic. You have the resources you have and even if you start to diversify that’s the resource you have to use to begin with and that gets sanctioned and now you are stuck in a loop.
At least Venezuela uses it’s own resources, unlike America who makes bank off other people’s shit.
A combo of the big OPEC countries + USA + the venezuelan national bourgeoisie
… no. Venezuela should has diversified its economy
isn’t this literally victim-blaming?
what if Venezuela didn’t want to diversify its economy? should it be punished by illegal sanctions for that? where is the free market that neolibs talk so much about?
That isn’t what happened. The sanctions where because the president didn’t have legitimate elections… and killed political opposition. I don’t agree with the sanctions as political punishment. But the emergence of Russia played a larger role than sanctions. Russia makes cheaper oil
The only reason the elections were declared illegitimate was because Maduro rightfully won. And the opposition wasn’t killed, they were imprisoned for being traitors. They should be greatful most of them were allowed to live.
you got any sources to back up your claims big boy?
There are more productive things that starting an argument on the internet. I wish my husband wouldn’t waste his time this way. Find people who agree with you and talk about that.
Not wanting to diversify your economy is tantamount to giving your life to others. The reality is that there is no so-called free market at all. It is necessary to maintain the ability to resist risks.
It costs money for an entire country to even attempt to diversify its economy, and a shitload of time and natural resources.
They had a national welfare system that to my understanding was very extensive, but just handed out money. What if that money was instead moved to the creation of other sectors and welfare was done through that
Where do you think the welfare money goes huh?
In Venezuela? It went directly to unemployment
First of all, your sentence is a contradiction on its own. A national welfare system that just handed money? Lula’s policies are more akin to that. Second, Veneuzela did move its resources to other sectors of its economy (i.e housing) https://venezuelanalysis.com/news/12946/
It was. Not much you can do when you are psychologically abused and sabotaged by a larger next door neighbor.
