That's because they're idiots. The reserves were being utilised by large international oil companies and Venezuela were received tax incomes. They decided however that they wanted more money so turfed the companies out. This meant however they had no expertise and also that government corruption took over. Thus they lost that tax revenue and the country has since fallen in the poop.
I read this post and then wondered how long the resident socialists would come along to blindly deny this. It didn't take long at all
Whenever socialism goes wrong (ie always) it is never true socialismI read this post and then wondered how long the resident socialists would come along to blindly deny this. It didn't take long at all
Indeed this. Fortunately, both extremes are bound to being minorities, simply because of their extreme nature.Whenever socialism goes wrong (ie always) it is never true socialism
To me extreme lefties are the same as extreme right wingers, bad for our health
Minorities that manage to take over and rule many countries, like Venezeula
They never last though do they?Minorities that manage to take over and rule many countries, like Venezeula
No, some have a good run though, where do you see China going then?
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Isn't China one of the longest running socialist (in the extreme, communist) countries, just wondered how you thought it would change, do you live in Venezuela btw?
