Hugo Chavez Legacy - Venezuelans are Slaughtering their Pets for Food

Venezuela is proof that the problem with Socialism is that eventually you run out of other people's money. Well, the OPM is now gone.

...

[Venezuela’s] gold reserves have dropped almost a third over the past year and it sold over 40 tonnes in February and March, according to IMF data. Gold now makes up almost 70 per cent of the country’s total reserves, which fell to a low of $12.1bn last week.

Venezuela has larger crude reserves than Saudi Arabia but has been hard hit by years of mismanagement and, more recently, depressed prices for oil. Oil accounts for 95 per cent of its export earnings. Despite the recent price rebound, declining oil output is likely to take a further toll on the economy.

The IMF forecasts the economy will shrink 8 per cent this year, and 4.5 per cent in 2017, after a 5.7 per cent contraction in 2015. Inflation is forecast to exceed 1,642 per cent next year, fuelled by printing money to fund a fiscal deficit estimated at about 17 per cent of gross domestic product....


(And BAD NEWS FOR THE DEMS: )

Democratic presidential hopeful Bernie Sanders might prefer to distance himself from Chávez and his socialist legacy, but admiration for Venezuela’s socialist experiment goes a long way with American progressives and liberals. Sander’s top advisor and his pick for the Democratic Party’s platform committee, Cornel West is a fervent devotee of Venezuelan dictator.

Socialist Venezuela Goes Bust
 
Venezuela is proof that the problem with Socialism is that eventually you run out of other people's money. Well, the OPM is now gone.

...

[Venezuela’s] gold reserves have dropped almost a third over the past year and it sold over 40 tonnes in February and March, according to IMF data. Gold now makes up almost 70 per cent of the country’s total reserves, which fell to a low of $12.1bn last week.

Venezuela has larger crude reserves than Saudi Arabia but has been hard hit by years of mismanagement and, more recently, depressed prices for oil. Oil accounts for 95 per cent of its export earnings. Despite the recent price rebound, declining oil output is likely to take a further toll on the economy.

The IMF forecasts the economy will shrink 8 per cent this year, and 4.5 per cent in 2017, after a 5.7 per cent contraction in 2015. Inflation is forecast to exceed 1,642 per cent next year, fuelled by printing money to fund a fiscal deficit estimated at about 17 per cent of gross domestic product....


(And BAD NEWS FOR THE DEMS: )

Democratic presidential hopeful Bernie Sanders might prefer to distance himself from Chávez and his socialist legacy, but admiration for Venezuela’s socialist experiment goes a long way with American progressives and liberals. Sander’s top advisor and his pick for the Democratic Party’s platform committee, Cornel West is a fervent devotee of Venezuelan dictator.

Socialist Venezuela Goes Bust

Most of USMB's leftists are wiggling, squirming, denying and tap dancing (or blaming capitalists and/or the US) in a vain attempt to mitigate the lesson hard-learned from the abject failure of another "socialist experiment."

As noble as the collective idea might be - that we should care for and about each other - it just doesn't work because it disincentives the basic human need to succeed and excel.

One need look no further for proof than the collapse of the USSR and China's gradual move toward capitalism.
 
Dystopia: Venezuelans Are Now Killing Cats, Dogs, and Birds For Food Because Socialism Can't Provide

It is a dystopia in Venezuela. They are killing dogs and cats for food.

Too bad the fat ass is sitting in hell rather than seeing what his corrupt polices did.

Socialist will never learn.
What The Fuck Are You Talking About!?

American leftist don't want socialism, they want democratic socialism, and it's totally different and will work this time.

Oh yes, this time it will work.....

:cuckoo:
 
Dystopia: Venezuelans Are Now Killing Cats, Dogs, and Birds For Food Because Socialism Can't Provide

It is a dystopia in Venezuela. They are killing dogs and cats for food.

Too bad the fat ass is sitting in hell rather than seeing what his corrupt polices did.

Socialist will never learn.
What The Fuck Are You Talking About!?

American leftist don't want socialism, they want democratic socialism, and it's totally different and will work this time.

Oh yes, this time it will work.....

:cuckoo:

Two Thumbs was being sarcastic but you are both correct ... surely this time it will work!
 
Dystopia: Venezuelans Are Now Killing Cats, Dogs, and Birds For Food Because Socialism Can't Provide

It is a dystopia in Venezuela. They are killing dogs and cats for food.

Too bad the fat ass is sitting in hell rather than seeing what his corrupt polices did.

Socialist will never learn.
What The Fuck Are You Talking About!?

American leftist don't want socialism, they want democratic socialism, and it's totally different and will work this time.

Oh yes, this time it will work.....

:cuckoo:

Two Thumbs was being sarcastic but you are both correct ... surely this time it will work!

Oh, I know.. but it is hilarious how every new generation of these wierdos always think they're the smart ones that will get it right.
 
It really tells you the power of the media and the control leftist have over our edeuekashun system.

Most of our wars have been against governments that wanted control of it's people, but leftist have people demanding it.
 

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