PoliticsDec 4, 2018
U.N. seeks $738 million to help Venezuela's neighbors handle migrant flood
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I was reassured by Sean Penn and Michael Moore that it would work this time too đ
https://www.reuters.com/article/us-venezuela-migration-un/u-n-seeks-738-million-to-help-venezuelas-neighbors-handle-migrant-flood-idUSKBN1O30XU
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Venezuela, at any rate, is a market economy with partial nationalization of fuel and some welfare reforms. This is not unusual - the UK was more nationalized and also had a lot of welfare reforms.
Venezuela was economically dependent on fuel exports, more than say Russia which also had a fuel crash as prices dropped. The boom the country experienced was not due to Chavez and not due toâsocialist policiesâ. The crash is also not due to this.
Itâs booms and busts - basic functions of the market. You can argue for what is the best way to respond to the crisis, but giving credit or blame to âsocialismâ is just ideological silliness.
Venezuela has the highest GDP per capita in Latin America and its people are starving. Only socialism can achieve that. Only in socialism a boom and bust in oil causes children to starve to death. Your excuses are invalid and your cause is as evil as it gets.
Sorry - the fact that you are so intent on pinning this 100% on socialism shows that you are a blind ideologue.
You've ran out of excuse some 60 years ago.
Or Southern Europe before that, and Ireland before that?
Itâs economics, not race, stupid.