Venezuela has run out of money to... print money

[FAH1223]

[original dervish]

F*@k off with that western propaganda.
Viva the Bolivarian revolution.....viva Venezuela.

[AgentOfChaos]

Inflation is a bitch.

Somalia: "Oh you poor amateur, just print your money in Malaysia. Problem solved Venezuela."

[Basra-]

Gods will......sometimes the economy needs to hit the bottom to climb again!

[SultanOrder]

Damn someone with some hard foreign currency could live like a king in Venezuela right now!!!

[Machiavelli2]

This is the problem with the Global Left. Poverty, unemployment and violence are still very high in Venezuela and Chavez and co. have squandered trillions of dollars of oil money by propping up and supporting global dictators. The Left is worse than the Neo-capitalists.

[Basra-]

Guys---we have to put God in our reference. Everything that happens in the world, it is Gods will. Humanity is heading ahead not behind, Believe me.

[Lamagoodle]

This is the problem with the Global Left. Poverty, unemployment and violence are still very high in Venezuela and Chavez and co. have squandered trillions of dollars of oil money by propping up and supporting global dictators. The Left is worse than the Neo-capitalists.

Not really. It is capitalism that punishes.

Falling oil prices, lack of investments, erosion of business confidence for FDI , draught are some of the underlying reasons.

True, Venezuela is a crime ridden country. Carcass is the death capital of the world. But there are other causes to this than the revolution.

P.s. inflation is a short-term thing and in the long-run could be good for the economy. Germany had the same problems in the 1920s-30s.

[Lamagoodle]

Guys---we have to put God in our reference. Everything that happens in the world, it is Gods will. Humanity is heading ahead not behind, Believe me.

Yeah. Blame it on the almighty. No one can dispute that after all and if and when one does, he/she is guilty of heresy and heretics should be burned alive . Have you heard about the timeless somali proverb " Ilaahaaga qab, oortaadana raro".?

No, inflation, money, etc are man made

[Gabre]

Lol @ Snet Chavismos

[gurey25]

The Chavistas were too nice, and too stupid.
so many things they could have done to at least stay afloat.
and so many people need to be dealt with..

but chaves and maduro and such wonderfully nice people.
godbless them.

anyone else in their shoes would have created a blood bath

[EEGA9]

economic sabotage by the pro-american counter-revolutionary private sector opposition. Viva la revolución

[gurey25]

not just sabotage by the comparador class on behalf of the US.
you need to factor in the gross incompetence of the Chaves and maduro government.
the sabotage just exasperates the situation..



but yes

Vivia la revolucion !!!!

[Machiavelli2]

This is the problem with the Global Left. Poverty, unemployment and violence are still very high in Venezuela and Chavez and co. have squandered trillions of dollars of oil money by propping up and supporting global dictators. The Left is worse than the Neo-capitalists.

Not really. It is capitalism that punishes.

Falling oil prices, lack of investments, erosion of business confidence for FDI , draught are some of the underlying reasons.

True, Venezuela is a crime ridden country. Carcass is the death capital of the world. But there are other causes to this than the revolution.

P.s. inflation is a short-term thing and in the long-run could be good for the economy. Germany had the same problems in the 1920s-30s.

Ina Adeer, how can Chavists blame capitalists when they blew and squandered trillions of dollars? What have they done for the poor when violence, illiteracy and unemployment is much higher under their reign? It's a false slogan that they are parties for the poor. Regardless of it's limitation due to it's exploitation of the poor, Capitalism offers tangible positive results towards the poor than the Left.

[gegiroor]

Viva la revolución