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Tacky-rear end Rococco posted:If the judgment was made in the local currency, why don't they just buy Bs. 1,000,000,000 on the black market? I don't know. I suspect that Saladman is right, and that the court will simply demand the money in US dollars for whatever reason. There's indication that Cabello expects the damages to be paid in US dollars, since he clarified during a televised speech last week that one billion bolivares was not $500. While addressing the editor of El Nacional, Miguel H. Otero, Cabello said: quote:It's not $500 like you said. Get the math right. He who laughs last, laughs best.
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# ? Jun 12, 2018 13:54 |
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# ? May 30, 2024 10:34 |
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Celexi posted:The totally not drug transportation flights I often find in flightradar over Venezuela with weird flying paths that involve turning on and off transponder, some escorted by Venezuela airforce, and Maduro airplane flying weirdly is interesting. Pretty sure Chavez started fleecing the country and lining his pockets immediately, so it's debatable what he envisioned versus what he pretended to envision. His progeny still live a life of absolute luxury, largely immune to the chaos, as far as I am aware. Speaking of wealth, what is the June 2018 dynamic with Polar/Lorenzo Mendoza and PSUV/Maduro? I know that both Chavez and Maduro have feigned action and talked up a big game about how terrible the company and man is, but considering the degree to which they've attacked and dismantled private industry, a noticeable lack of action on the Polar front. The situation is a lot worse now, and still nothing. Does PSUV kinda just need them, in terms of infrastructure and their ability to produce food and drink? And how is Polar managing to stay in "business"? Arkane fucked around with this message at 16:59 on Jun 12, 2018 |
# ? Jun 12, 2018 16:57 |
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Arkane posted:Pretty sure Chavez started fleecing the country and lining his pockets immediately, so it's debatable what he envisioned versus what he pretended to envision. His progeny still live a life of absolute luxury, largely immune to the chaos, as far as I am aware. Well, the thing is Polar produces almost everything you can imagine. From foodstuffs to beer and I'm guessing alcoholic beverages are enabling them to offset losses from other areas of production, but I'm talking out of my rear end here. The government still throws the occasional jab at Polar, but they haven't been really aggressive towards them for a while now unless I've missed something. Polar also bought itself a lot of goodwill lately since it secured the rights for the world cup and is sharing them with national channels (including some owned by the government) in exchange for publicity during the matches. But basically, yes. The government absolutely needs Polar since they produce so much stuff if you take them out of the equation, you'd be taking the food out of a significant percentage of mouths and there aren't enough imports to go around for everyone.
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# ? Jun 12, 2018 17:51 |
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I wouldn't be surprised if Polar is on a very short list of people/organizations in Venezuela that still have good credit and can import things.
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# ? Jun 12, 2018 18:06 |
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Celexi posted:The totally not drug transportation flights I often find in flightradar over Venezuela with weird flying paths that involve turning on and off transponder, some escorted by Venezuela airforce, and Maduro airplane flying weirdly is interesting. End state socialism
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# ? Jun 12, 2018 22:56 |
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Celexi posted:The totally not drug transportation flights I often find in flightradar over Venezuela with weird flying paths that involve turning on and off transponder, some escorted by Venezuela airforce, and Maduro airplane flying weirdly is interesting. I'm sure that if Maduro just listened to one of those well-meaning tankies from the North he'd be able to save the Bolivarian revolution. He also absolutely totally wants that.
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# ? Jun 13, 2018 03:18 |
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A journalist based in Miami called Oscar Haza reported yesterday that Diosdado Cabello (the PSUV's second-in-command) has had $800 million in assets seized by U.S. authorities, including twelve real estate properties. Haza also reported that Cabello's daughter, Daniella Cabello, was deported from the U.S. and sent back to Venezuela while she was in transit to Spain via JFK. As far as I'm aware, the story has not been independently verified, but Haza has doubled-down on the story and said that his source is inside the Trump administration and is reliable. Some other bits of news:
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# ? Jun 13, 2018 14:31 |
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Wow, apparently Switzerland has initiated travel bans and asset freezes on several PSUV bigwigs. That’s pretty damning considering like, Paul Biya, lives in Geneva and every Arab monarch and prince has a home either near Geneva or near Luzern. Diosdado is one of the seven. https://www.letemps.ch/monde/venezuela-reagit-aux-sanctions-imposees-suisse
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# ? Jun 15, 2018 22:53 |
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The NYTimes had an interesting exposé today on the state of PDVSA, and why Maduro's claim to turn Venezuelan oil production around is a pipe dream, even in the absence of the issue with Conoco repossessing the facilities in the ABC islands. https://www.nytimes.com/2018/06/14/world/americas/venezuela-oil-economy.html So basically Venezuela will not become a tropical Mad Max. At least in Mad Max they have oil. I also wonder: who the hell is buying the copper and pumps and whatever that they are stealing? Like is there still enough industry in Venezuela that there's even a market for copper? I know copper theft is a huge problem in the United States too, but at least there I imagine there are enough scumbags who are willing to melt it down, and enough willingly-oblivious people to buy it at bargain prices. (I do not think the people stealing in Venezuela, or even the people melting it and reselling it, are necessarily scumbags, given how dire life seems to be for many.) Saladman fucked around with this message at 19:34 on Jun 16, 2018 |
# ? Jun 16, 2018 19:31 |
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Saladman posted:The NYTimes had an interesting exposé today on the state of PDVSA, and why Maduro's claim to turn Venezuelan oil production around is a pipe dream, even in the absence of the issue with Conoco repossessing the facilities in the ABC islands. Probably gets smuggled over the border to somewhwre with a real market. Why risk getting murdered trying to trade copper to other unsaavory (and starving) people when you can go over the border and sell it to ascrap exchange that isnt guarded by the military. Most of the time they dont melt it down, if you steal copper piping you can sell that easier than a hunk of copper. Especially to construction people who need the copper regardless of source
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# ? Jun 16, 2018 19:57 |
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Saladman posted:The NYTimes had an interesting exposé today on the state of PDVSA, and why Maduro's claim to turn Venezuelan oil production around is a pipe dream, even in the absence of the issue with Conoco repossessing the facilities in the ABC islands. it is exactly in economies where the money system and other parts of the economy do not work well that black markets and trade in stolen goods flourish. There is scarcity of everything, who not copper as well? Is is useful for many things. Why would there not be even more "scumbags who are willing to melt it down, and enough willingly-oblivious people to buy it at bargain prices" in Venezuela right now? People will find ways to get what they need one way or another, and without legal methods they will go for other ways.
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# ? Jun 16, 2018 20:20 |
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Yeah, I guess there is still some industry and construction going on, I just get the impression that literally everything has ground to a halt but there must actually be a fair amount of manufacturing and other economic activity going on, just not nearly enough to sustain 30 million people. I didn't mean the people doing it in Venezuela (on any step of the process) were scumbags. I can only imagine I would also steal things to survive if my family was starving.
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# ? Jun 16, 2018 21:12 |
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Saladman posted:Yeah, I guess there is still some industry and construction going on, I just get the impression that literally everything has ground to a halt but there must actually be a fair amount of manufacturing and other economic activity going on, just not nearly enough to sustain 30 million people. Just like the drug addicts here, they jack copper pipe or wire, roll it down the street and sell it to another construction outfit. Why call the cops when you're getting it for 30% of price.
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# ? Jun 16, 2018 21:35 |
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Large scale organized industry might be disappearing but that doesn't mean things aren't being made. Cuba is famous for the inventiveness that developed following the US embargo, turning any sort of piece of metal or machinery to new and unintended uses in the face of scarcity of imported goods. done by anyone and everyone, in order to be able to keep mowing the lawn, to keep listening to the radio or have running water, to keep living. Any sort of material or good that has a use becomes valuable in the face of scarcity, and any sort of fixed installation becomes potential prey for scavenging.
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# ? Jun 16, 2018 21:38 |
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Tragedy in Caracas, 17 dead, many trampled Sounds like the lack of infrastructure exarcerbated the tragedy https://www.reuters.com/article/us-venezuela-club/tear-gas-explosion-at-caracas-club-kills-17-people-minister-idUSKBN1JC0ON?il=0 quote:CARACAS (Reuters) - At least seventeen people died at a Caracas club early on Saturday morning when a person activated a tear gas grenade inside, Venezuela’s interior minister Nestor Reverol said.
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# ? Jun 16, 2018 22:34 |
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https://twitter.com/coweddle/status/1007771336289202178?s=19
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# ? Jun 18, 2018 05:18 |
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Can't wait for the colombian fashion show where Bolivar dresses, hats and handbags are shown off. At least its a use for the currency that Venezuelan migrants can get actual life nesscesities with.
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# ? Jun 18, 2018 17:04 |
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Chomskyan posted:Also this is good, and contains some left-wing critiques of Maduro near the end Ah yes, might as well double down after being shown the policies were complete failures.
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# ? Jun 18, 2018 17:26 |
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Sweet I bought a swan made of hundreds. *Looks around* Um I mean terrible, terrible thing...
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# ? Jun 18, 2018 23:23 |
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tsa posted:Ah yes, might as well double down after being shown the policies were complete failures. They are failures in the sense that they have driven the country to ruin. But that doesn't matter. The actual goal, making it remarkably simple for the well connected few to embezzle unlimited money, is a huge success.
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# ? Jun 19, 2018 01:15 |
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Yesterday, PSUV vice president Diosdado Cabello became the president of Maduro's Constituent Assembly, and arguably the most powerful man in the country. This is because the Constituent Assembly legislates unchallenged--even by the Supreme Court--as per the Venezuelan constitution. The point of the Constituent Assembly is to draft a new constitution, and until it does it has unlimited power. As you can imagine, the Assembly has made zero progress towards drafting the new constitution, and is instead rubber-stamping the whims of the PSUV/Maduro. You might also remember that the Constituent Assembly was formed last year on July 30 in a process so fraudulent that even the company that provided the voting machines for the election said that the results that the regime announced were made up. Cabello's appointment comes after the previous president of the Constituent Assembly, Delcy Rodriguez, was named vice president of the republic last week. In another bit of news, Maduro gave a speech yesterday in which he said that he thinks it funny that people might consider him a dictator. He said: quote:It makes me laugh to think that I could be a dictator. Could you imagine Maduro being a dictator? (…) the people wouldn’t stand for a dictator or a dictatorship by anyone.
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# ? Jun 20, 2018 17:04 |
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In something like With the arab spring you had poo poo go down in countries that didn't even have a memory or tradition of protest, it's not like latin america lacks for revolutionary spirit. From The Indicator podcast on Venezula : https://www.npr.org/templates/transcript/transcript.php?storyId=621563128 quote:
It would make more sense if this happened over a couple decades, boiling frog and all that, but 5 loving years? Perhaps the level of emigration partially explains it because presumably that is mostly young people who are normally the ones leading or at the forefront of protest movements. I would assume the lack of sectarianism and the overall homogeneity of Venezuelan society also plays a role. tsa fucked around with this message at 02:11 on Jun 22, 2018 |
# ? Jun 22, 2018 01:51 |
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The liquor store had some Venezuelan rum for $5 off in America’s latest attack of the economic war.
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# ? Jun 26, 2018 15:54 |
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This is making the rounds: https://www.bloomberg.com/news/articles/2018-06-27/inside-the-failed-plot-to-overthrow-venezuelan-president-nicolas-maduro
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# ? Jun 28, 2018 06:50 |
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ronya posted:This is making the rounds: That's a really great scoop and a fascinating read! There has been an increase in the number of military service members arrested on conspiracy-related charges this year, and now we know why. Between January and late May, at least 40 service members were arrested. I also found the connection to Maria Corina Machado to be interesting. A few weeks ago the regime started to ratchet up the pressure against her, and suggested that she was involved in a plot to overthrow Maduro. As the article suggests, this must have been the plot. What's really interesting is the fact that Machado is still free. If she really were connected to the plot, I think that the regime would have picked her up already because she's a high-profile opposition leader and arguably the most radical of the big names still free. When I first heard her name floating around in the news a few weeks ago, I dismissed it as non-news because Machado has been accused before of being involved in a plot to assassinate Maduro, and that turned out to be a complete fabrication by the regime. Back in May-June 2014, Diosdado Cabello went on TV to say that they had e-mails from Machado's account in which she discussed plans to kill Maduro and other high-profile PSUV officials. In July, a cyber-security expert working on the case on behalf of one of the accused contacted Google, and Google confirmed that the e-mails did not exist on their servers, so they were forgeries. After that revelation, the regime quietly abandoned the accusations.
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# ? Jun 28, 2018 15:38 |
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Why do you think the government sometimes cares when it’s fabrications are called out? It’s kind of strange how sometimes they don’t give a poo poo, like all those "terrorists" arrested with Ak47s and grenades in their cars, while other times they back off when it’s shown to be completely falsified. Or do they just have such bad Trump-like ADD that they forgot they ever said something?
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# ? Jun 28, 2018 16:42 |
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https://twitter.com/GamingAndPandas/status/1012848614018777089 https://twitter.com/CaptainAugus/status/1012850020230582272 https://twitter.com/OldSaintRiot/status/1012848358942113792 https://twitter.com/HaruspexOfHell/status/1012841940176588801 So there is some sort of twitter fight going on between tankies and people who actually know how horrid everything is/actual venezuelans. Its a long, long series of reply chains. https://twitter.com/deathwish9x_XBL/status/1012546531583516673 https://twitter.com/KalebPrime/status/1012554098892312576 https://mobile.twitter.com/deathwish9x_XBL/status/1012555894826110976 https://mobile.twitter.com/ComradeStar/status/1012556695770402816 https://twitter.com/Pajazzel/status/1012560531578871808
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# ? Jun 30, 2018 02:27 |
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God that Solidarity Forever person is the absolute worst. I want to believe that it's a parody/troll account, but I'm sure it's true. A loving jet-set party girl who's advocating world communism (???).
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# ? Jun 30, 2018 20:26 |
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Saladman posted:Why do you think the government sometimes cares when it’s fabrications are called out? It’s kind of strange how sometimes they don’t give a poo poo, like all those "terrorists" arrested with Ak47s and grenades in their cars, while other times they back off when it’s shown to be completely falsified. Or do they just have such bad Trump-like ADD that they forgot they ever said something? I asked myself this question a lot when I first started following Venezuelan developments closely about four years ago. I think that part of the answer lies in the fact that no one in power today faces any repercussions for anything that they say. Maduro, Cabello, and other big wigs routinely tell monumental lies on television and at public events, and there are never any consequences. This is partly due to the fact that the dictatorship exercises full control over all branches of government*, so we don't even have the institutional language to hold politicians accountable for what they say. *: The legislative branch now exists as Maduro's Constituent Assembly. The National Assembly is completely toothless now.
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# ? Jun 30, 2018 21:42 |
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I keep seeing this point brought up on twitter but what actual international sanctions are there on Venezuela? I know there are the various sanctions on financial dealings with individual venezuelans. IE: "socialists" who made themselves megarich off the state but that's about where my knowledge ends, and cursory googling just keeps making mentions of those.
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# ? Jul 1, 2018 16:00 |
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Der Waffle Mous posted:I keep seeing this point brought up on twitter but what actual international sanctions are there on Venezuela? I vaguely remember talk of sanctioning the PDVSA but I'm not sure that actually happened because really why do you need to sanction something they've done such a good job running right into the ground. EDIT: Survey says as of late May there are indeed sanctions in place against Venezuela in the US. https://www.treasury.gov/resource-center/sanctions/Programs/pages/venezuela.aspx So right now US entities aren't allowed to lend the Venezuelan government money if I'm reading it right. You're still allowed to do business with them but you can't for example buy their debt at the moment. Feinne fucked around with this message at 19:22 on Jul 1, 2018 |
# ? Jul 1, 2018 19:17 |
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There are two kinds of sanctions in place against the Maduro regime today:
Overall, the weight of the sanctions so far is on named regime officials. The sanctions that are most likely to have a negative impact on the country as a whole are Trump's sanctions on Venezuelan bonds. Trump has also allegedly floated the idea of sanctioning PDVSA, but that hasn't happened yet. As Feinne said, PDVSA is doing an incredibly job destroying itself, so there's really no need to help it along.
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# ? Jul 1, 2018 19:57 |
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So uh. . . I might have been wildly off on my assessment of Trump's policy preferences regarding Venezuela. Paracaidas posted:Did I miss discussion on this? Because
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# ? Jul 4, 2018 07:52 |
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Heh, reminds me of the time Chávez ordered 10 tank bataillons to be moved to the Colombian border on his TV show. https://www.youtube.com/watch?v=b4VtvsGVXeY
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# ? Jul 4, 2018 08:12 |
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For the second time in two months, the inmates inside El Helicoide have mutinied and are now in control of the prison. The prisoners have been releasing videos on Twitter since yesterday morning. They are demanding that each one of their cases are reviewed immediately and individually, since some of the prisoners have transfer or release orders that the SEBIN are simply ignoring to carry out. El Helicoide is the name of the building in Caracas that houses the headquarters of the regime's political police, the SEBIN. The building has an underground prison that is known colloquially as La Tumba (The Tomb). There are probably about 200 prisoners in El Helicoide, and at least 10 of them are political prisoners. Here's a video of the prisoners making their demands. The video was recorded yesterday: https://www.youtube.com/watch?v=oXASSd-ZWqQ quote:Man: Today is July 10, and it’s 7:30 in the morning. The situation here is one in which the prisoners are in complete control of this facility. We have only one clear and irrevocable request: we want the truth commission to come here to this facility, that they set themselves up here in El Helicoide and analyse [our cases] case-by-case. The Truth Commission is a body that is attached to Maduro's Constituent Assembly. The Commission is nebulous even by regime standards, but generally speaking it has broad powers to do things like, for example, order people released from prison. It's supposed to investigate "political violence" in the country since 1999, but because it's made up of hand-picked regime figures, you can guess what those investigations might look like. Unrelated, this video below was making the rounds on Twitter recently. It shows a "perrera" (literally, "dog kennel"), which are increasingly common sights on Venezuelan streets. Perreras are cargo trucks that have been re-purposed to carry human passengers, since approximately 90% of all public transportation units in the country are out of service due to chronic shortages of everything from repair parts to tires. As you can imagine, perreras are not a safe method of transportation. The video below shows dazed people stumbling out of a perrera that has almost tipped over: https://twitter.com/VENE00080/status/1016470829834604544 quote:Woman Recording: We have to record and report this, because this is a problem that was bound to happen. This was bound to happen. It was bound to happen. In another bit of news, Mexico's incoming minister of foreign affairs said the other day that under AMLO, the country would take a "policy that respects non-intervention". According to Mexico's El Universal, this would include measures like "going to the Organization of American States" or "denouncing events in other countries". In other words, the broadest possible interpretation of the term. Squalid posted:So uh. . . I might have been wildly off on my assessment of Trump's policy preferences regarding Venezuela. I don't think I will ever wrap my ahead around how awful Trump is.
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# ? Jul 11, 2018 15:01 |
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Weren't there some videos of Venezuelans saying that the starvation thing was not true? or was that literally in one place where hyperinflation wasn't affected or they were insanely rich?
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# ? Jul 12, 2018 02:43 |
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Dizz posted:Weren't there some videos of Venezuelans saying that the starvation thing was not true? or was that literally in one place where hyperinflation wasn't affected or they were insanely rich? I'm not sure which video(s) you might be referring to, but I'll say a couple of things about the nutritional/healthcare crisis and hyperinflation:
In short, there may be video(s) out there of people saying that there is no hunger in Venezuela, but they would be wrong. There is overwhelming, objective, irrefutable evidence demonstrating that Venezuela is currently experiencing the worst food crisis in its modern history.
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# ? Jul 12, 2018 03:47 |
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Good reads all around. I don't understand why people keep using the "you like socialism? WHAT ABOUT VUVUZELA" excuse though when this seems like it's mostly the cause of mismanaged funds and a failure to properly rectify it. Am I just missing something here?
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# ? Jul 12, 2018 04:57 |
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So um, with this current trend of misery and starvation, how long can Venezuela hold out for? Forgive me for being crass, how much depopulation through migration, starvation, and death does Venezuela need to go through the stabilize the country? And how much resources does Venezuela need to recover? I’m asking about this sensitive issue because China suffered mass starvation and a robbed generation during the 60’s, the country needed at least 25 years of economic miracle. Culturally some of the old survivors are still hosed up. I supposed the regime could change and region destabilize which will throw everything off. I just assume that Maduro and the regime will still be in power like North Korea caberham fucked around with this message at 05:48 on Jul 12, 2018 |
# ? Jul 12, 2018 05:46 |
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# ? May 30, 2024 10:34 |
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caberham posted:So um, with this current trend of misery and starvation, how long can Venezuela hold out for? What Venezuela mainly needs as far as immediate fix, is to fix the oil infrastructure. Because without that they have no way to afford to do anything else or stabilize the country.
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# ? Jul 12, 2018 06:05 |