"You're posting too fast, please slow down"... for an hour. OK, let's make it a year.
"You're posting too fast, please slow down"... for an hour. OK, let's make it a year.
With Venezuela, what can we actually do that's going to change anything?
Edit: adding the below (apologies) timeline
-Big Oil corporations tried to do business in Venezuela.
-Having a massive public sector, I bet there was A LOT of bribery involved.
-Big corporations then played the greed-game.
-Someone decided to have a revolution and bit the hand that was feeding him (bribes/public sector).
-Then then got caught in a Oil-price-power-game that hurt Russia and some other satellite countries.
-Been unable to cope with the lack of 'free-oil-money' they got caught unprepared to go through the financial challenges - no savings, no FX.
-As a country, Venezuela was living on the respective 'salary-loans', they went bust on the first hiccup.
-And it all went downhill after that. It took Venezuela a decade to get where it is now, it will take another 20 years to fix things.
Root Cause Analysis: oh so many things.. huge public sector service, very little privatization, plenty of bureaucracy, centralization of decisions (central government)
My country, the UK, has been ruled by socialists for two fifths of my lifetime and we're doing fine. OK, so the 70s were pretty bad, but it's not like Chavez is the ideal socialist leader, any more than Batista and Pinochet are the ideal republicans.
It's pretty obvious why. Communism/Socialism has failed big time in economics, in an unmistakable way, so the only ground left to fight is on philosophy/morals. But even then there's ample evidence this leads to bad outcomes, no matter how good intentions one starts with.
Two simple things if you are citizen of a stable country: get elected as the head of your country. Annex Venezuela.
Not saying it will be easy.