Venezuela´s economy to grow by 20 % this year: Credit Suisse

Good news for Venezuela: One of the world´s largest banks expects an economic growth of 20 % in 2022. The economy grew by over 4 % in 2021 already.

Their main industry is oil. So that is why. When it tanks again, which it will, they'll be walking to Colombia for diapers and baby formula

WAIT.......That is what is happening here too........Communists should be forcibly rounded up for organ donation
 
Most of the oil Venezuela exports goes to China, some goes to Cuba.

Now we're going to start importing some too. We communist countries have to stick together, ya know.
 
Venezuela has been beaten down by decades of liberalism to a shell of its previous economic self.

Its a lot easier to grow by a big percentage when you are starting from next to nothing.

But the reason is Sleepy Joe- his envoys have gone to Caracas to beg the tyrants there and his new high price of gasoline is directly benefiting them.
 
Venezuela has been beaten down by decades of liberalism to a shell of its previous economic self.

Its a lot easier to grow by a big percentage when you are starting from next to nothing.

But the reason is Sleepy Joe- his envoys have gone to Caracas to beg the tyrants there and his new high price of gasoline is directly benefiting them.
There are no tyrants and no communists.
 
What???....I see there are many similarities to your brain and location, for real dude
Venezuela has a market economy and freedom, including media freedom.

I can prove that with an example: During the last elections there was a shooting at a polling station. An opposition newspaper "La Verdad" ("The Truth") claims online and visible for everyone:
"Wounded by a firearm at the Ferrer College in San Francisco for wanting to exercise their right to vote, they apparently suspended the process because they know they are lost, as they always use weapons to intimidate, the regime continues to attack."
 
Kind of like of stock that has plummeted to all-timie lows and then has a dead cat bounce.
I guess the country has successfully dealt with the sanctions imposed on it and is on its way out of the crisis. The measures taken by the Venezuelan government made the country much more independent from the USA.
 
Their main industry is oil. So that is why. When it tanks again, which it will, they'll be walking to Colombia for diapers and baby formula

WAIT.......That is what is happening here too........Communists should be forcibly rounded up for organ donation
It's a number trap...
When you have 10 cents and you add 10 cents to it....you have an incredible 100% growth!
The bounce off the bottom ( and believe me Venezuela was there) always accrues meaningless percentage growth in its first stages....to be credible it has to measured against healthier economic years....in which case the 4% growth would very quickly become more like a 40% shrinkage. But lefty likes to play those number games.
 
I guess the reason Venezuela's economy is doing so poorly has nothing to do with the US and Friends placing 900 sanctions on them and freezing over $22 billion of their assets for the crime of not letting our corporations exploit them for their resources
 
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Venezuela has been beaten down by decades of liberalism to a shell of its previous economic self.

Its a lot easier to grow by a big percentage when you are starting from next to nothing.

But the reason is Sleepy Joe- his envoys have gone to Caracas to beg the tyrants there and his new high price of gasoline is directly benefiting them.

Read some history. Crony capitalism brought Venezuela down. They had no middle class. That's why they elected Hugo Chavez. See Petro Caribe.
 

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