How Come the Left Never Want to Talk About Venezuela?

Discussion in 'Economy' started by Weatherman2020, Jan 25, 2019.

  1. Crepitus
    Offline

    Crepitus Gold Member

    Joined:
    Mar 28, 2018
    Messages:
    24,520
    Thanks Received:
    1,957
    Trophy Points:
    290
    Ratings:
    +17,001
    Did you forget your own title dumbshit? I've done nothing but discuss it so report away moron!
     
  2. Tehon
    Offline

    Tehon Gold Member

    Joined:
    Jun 19, 2015
    Messages:
    8,938
    Thanks Received:
    1,230
    Trophy Points:
    275
    Ratings:
    +4,589
    It's not forced, its inevitable.
     
  3. Moonglow
    Offline

    Moonglow BANNED

    Joined:
    Jun 27, 2011
    Messages:
    136,799
    Thanks Received:
    11,635
    Trophy Points:
    2,070
    Location:
    sw mizzouri
    Ratings:
    +58,207
    Doesn't help when all yer eggs are in one basket economically speaking and Venzuela oil production fell sharply when oil prices fell sharply during Oblama and they still hover at a low price compared to earlier years.
    Oklahoma was severely affected by it thus causing it's revenue to fall sharply causing Oklahoma to sell off public land, parks and passing legislation forcing every square inch of Okiehoma to be drilled and no town could say "no".
     
  4. Moonglow
    Offline

    Moonglow BANNED

    Joined:
    Jun 27, 2011
    Messages:
    136,799
    Thanks Received:
    11,635
    Trophy Points:
    2,070
    Location:
    sw mizzouri
    Ratings:
    +58,207
    Well it wouldn't be the first time humans had a social revolution.
     
  5. AzogtheDefiler
    Offline

    AzogtheDefiler The Pale Orc Gold Supporting Member Supporting Member

    Joined:
    Aug 4, 2018
    Messages:
    17,703
    Thanks Received:
    1,789
    Trophy Points:
    290
    Location:
    Boston, MA
    Ratings:
    +11,229
    Why would Bill Gates care who else has wealth? Your statement is illogical.
     
  6. Moonglow
    Offline

    Moonglow BANNED

    Joined:
    Jun 27, 2011
    Messages:
    136,799
    Thanks Received:
    11,635
    Trophy Points:
    2,070
    Location:
    sw mizzouri
    Ratings:
    +58,207
    If you had any large amounts you would know why..Money does more than make yer wallet big...
     
  7. L.K.Eder
    Offline

    L.K.Eder unbannable non-troll

    Joined:
    May 29, 2009
    Messages:
    23,689
    Thanks Received:
    3,905
    Trophy Points:
    280
    Location:
    theartching thapphireth
    Ratings:
    +9,465
    China, Vietnam, and Cambodia are moving to Capitalism. The Baltic States however, are not yet? The things one can learn here on USMB.
     
  8. AzogtheDefiler
    Offline

    AzogtheDefiler The Pale Orc Gold Supporting Member Supporting Member

    Joined:
    Aug 4, 2018
    Messages:
    17,703
    Thanks Received:
    1,789
    Trophy Points:
    290
    Location:
    Boston, MA
    Ratings:
    +11,229
    You answered my question with a question. I work with and know many very wealthy people. They could not care less if others are equally wealthy. I think you're making stuff up.
     
  9. Andylusion
    Offline

    Andylusion Gold Member

    Joined:
    Jan 23, 2014
    Messages:
    14,440
    Thanks Received:
    2,120
    Trophy Points:
    290
    Location:
    Central Ohio
    Ratings:
    +8,331
    The great depression was due to government controls.
    They imposed the Smoot-Hawley tariff, where import and export markets were decimated, causing systemic problems throughout the rest of the economy.

    I'll give you one simple, but clear example.

    The Pittsburgh steel industry was wiped out. So lets ask the question why. The answer is rather simple. US tariffs on imported iron ore, make the cost of raw material go up. Meanwhile Canada imposed tariffs on steel from the US, which resulted in demand in the US market for steel to go down. This lowered the price of steel.

    So I would assume it doesn't take a Harvard economist, or a video from Milton Friedman, to figure out that if the cost of raw materials goes up, and the value of the produced steel goes down, that the steel company is going to be in trouble.

    The great depression was not an example of the failure of capitalism. It was the natural result of bad taxation and anti-market policies.
     
  10. Andylusion
    Offline

    Andylusion Gold Member

    Joined:
    Jan 23, 2014
    Messages:
    14,440
    Thanks Received:
    2,120
    Trophy Points:
    290
    Location:
    Central Ohio
    Ratings:
    +8,331
    The main people I run into who think others deserve to be poor, are either left-wingers who have an entitlement complex, or right-wingers who see people who don't work.

    Only one of those two views, are immoral.
     
    • Thank You! Thank You! x 1

Share This Page