Venezuelan donkeys disappearing as residents struggle to survive

Discussion in 'Latin America' started by ColonelAngus, Jul 28, 2018.

  1. ColonelAngus
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    ColonelAngus Gold Member

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  2. Confounding
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    Confounding BANNED

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    Norway seems to be doing fine. No debt, no homelessness and the happiest country on Earth. Damn socialism...
     
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  3. Grampa Murked U
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    Grampa Murked U Diamond Member

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    Sean Penn was so right.......
     
  4. ColonelAngus
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    ColonelAngus Gold Member

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    Norway has 5 million homogenous people and shitloads of natural resources that the government actually exports.

    the Norwegian state owns key industrial sectors such as oil (Equinor) or hydropower (Statkraft), having extensive reserves of petroleum, natural gas, minerals, lumber, seafood, and fresh water. The petroleum industry accounts for around a quarter of the country's gross domestic product (GDP).[15]On a per-capita basis, Norway is the world's largest producer of oil and natural gas outside the Middle East.[16][17]
     
  5. percysunshine
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    percysunshine Gold Member

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  6. ColonelAngus
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    ColonelAngus Gold Member

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    Let’s break down specifically why Norway has a successful economy and Venezuelans are eating donkies to survive.

    Why do you think there is a disparity?

    ] The Venezuelan government then established populist social welfare policies that initially boosted the Venezuelan economy and increased social spending, temporarily[16] reducing economic inequality and poverty.[20] However, such populist policies[21] later became inadequate, causing the nation's collapse as their excesses—including a uniquely extreme fossil fuel subsidy[22]—are widely blamed for destabilizing the nation's economy. The destabilized economy led to a crisis in Bolivarian Venezuela, resulting in hyperinflation, an economic depression,[23] shortages of basic goods[24] and drastic increases in unemployment,[25] poverty,[26] disease, child mortality, malnutrition and crime. By 2017, Venezuela was declared to be in default with debt payments by credit rating agencies,[27][28] and had by 2018 entered a crisis of extreme hyperinflation
     
    Last edited: Jul 28, 2018
  7. mudwhistle
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    mudwhistle Diamond Member

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    Yeah.....thank God America still has money to defend them.
     
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  8. forkup
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    forkup Gold Member

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    Nice analogy. Of course the chances you know what happened in Venezuela that created this situation rank somewhere from slim to none. You only know it's a country that had socialism and now it's doing bad.
    I will remind you, not that it matters, that the Great Depression started in a Capitalist country, THE biggest Capitalist country and created starvation GLOBALLY and was the catalyst for the Rise of the NAZI's (not it's creation). The 2008 depression was equally felt GLOBALLY made several countries go bankrupt and again was a direct result of Capitalism. So if you think Capitalism is so much superior why is it that Venezuela going down the tube is a failure of Socialism but when the world goes down the tube Capitalism is not to blame?
     
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  9. ColonelAngus
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    ColonelAngus Gold Member

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    Why did it happen?

    UNSUSTAINABLE SOCIAL WELFARE PROGRAMS.

    It’s not tough to determine.
     
  10. forkup
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    forkup Gold Member

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    Yes it is actually. Plenty of other countries have more and better social programs. Norway was already touched on but there are plenty others. I live in one of those. Venezuela has plenty of natural riches. They are a bigger oil exporter then Norway. So what happened? Don't cheat and look it up, I bet you don't know.
     

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