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Unrest in Venezuela - Lebanese are coming back

S

Saj

New Member
It's easy to blame US sanctions when you want to protect the culprit: mismanagement of the economy.

Venezuelan economy relied on oil as sole export, and lost half of its revenue in 4 years when the price of oil was cut in half in 2014.

THAT is why it is currently collapsing at the rate that it is.
Coming out of the mess that was pre-Chavez Venezuela, there was a heavy reliance on oil to fund the social projects that cut homelessness and poverty and unemployment by truly remarkable numbers, and led Venezuela to being the second most literate country in all of Latin America. Why would Venezuela opt to develop its infrastructure instead of fulfilling its social promises, when no one could have predicted such a sudden fall in oil prices? By the way, oil is internationally traded on the dollar, making foreign manipulation very easy. And this is without discussing the sanctions and economic war that have been waged on Venezuela. The US doesn’t want them to succeed and that’s the primary issue here.

Even since Maduro took power, housing has been built for two million poor Venezuelans. 500,000 a year, no small feat. The working class people have been the priority. How does one diversify their economy in a year or two while the US has spent decades failing to diversify its energy production?

Pre-Chavez Venezuela is at fault for being so underdeveloped that it wouldn’t allow for a diversification of the economy immediately, because the needs of the Venezuelan people needed to be met first.
 
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  • proIsrael-nonIsraeli

    proIsrael-nonIsraeli

    Legendary Member
    Coming out of the mess that was pre-Chavez Venezuela, there was a heavy reliance on oil to fund the social projects that cut homelessness and poverty and unemployment by truly remarkable numbers, and led Venezuela to being the second most literate country in all of Latin America. Why would Venezuela opt to develop its infrastructure instead of fulfilling its social promises, when no one could have predicted such a sudden fall in oil prices? By the way, oil is internationally traded on the dollar, making foreign manipulation very easy. And this is without discussing the sanctions and economic war that have been waged on Venezuela. The US doesn’t want them to succeed and that’s the primary issue here.

    Even since Maduro took power, housing has been built for two million poor Venezuelans. 500,000 a year, no small feat. The working class people have been the priority. How does one diversify their economy in a year or two while the US has spent decades failing to diversify its energy production?

    Pre-Chavez Venezuela is at fault for being so underdeveloped that it wouldn’t allow for a diversification of the economy immediately, because the needs of the Venezuelan people needed to be met first.
    "oil is internationally traded on the dollar" - common misconception.

    Oil is priced in dollars for convenience of easy comparison, then it is much easier to convert into desired currency.
    However, oil is traded in anything your and your trading partner's hearts desire, and I mean anything.
     
    HannaTheCrusader

    HannaTheCrusader

    Legendary Member
    Orange Room Supporter

    msateel al moumana3a

    they back madoro,
    forgetting that he is an atheist ( its ok by me ) bass henne shi3a moutatarefeen
    and forgetting he is an alcoholic ( wa henne kamena islam moultezmeen)


    the hypocrisy they live
     
    HannaTheCrusader

    HannaTheCrusader

    Legendary Member
    Orange Room Supporter
    an ex presidential canddate was jew and he barely lost to chavez

    lets not have israel to do abut this issue

    the people have been oppressed and cheayted
    all they re asking for is a free election
     
    Walidos

    Walidos

    Legendary Member
    Orange Room Supporter
    Shocker...
    Lol and forum members arrogantly tell me this is all a conspiracy theory against the USA and that it’s all about the people of Venezuela...
     
    Dynamite Joe

    Dynamite Joe

    Well-Known Member
    Coming out of the mess that was pre-Chavez Venezuela, there was a heavy reliance on oil to fund the social projects that cut homelessness and poverty and unemployment by truly remarkable numbers, and led Venezuela to being the second most literate country in all of Latin America. Why would Venezuela opt to develop its infrastructure instead of fulfilling its social promises, when no one could have predicted such a sudden fall in oil prices? By the way, oil is internationally traded on the dollar, making foreign manipulation very easy. And this is without discussing the sanctions and economic war that have been waged on Venezuela. The US doesn’t want them to succeed and that’s the primary issue here.

    Even since Maduro took power, housing has been built for two million poor Venezuelans. 500,000 a year, no small feat. The working class people have been the priority. How does one diversify their economy in a year or two while the US has spent decades failing to diversify its energy production?

    Pre-Chavez Venezuela is at fault for being so underdeveloped that it wouldn’t allow for a diversification of the economy immediately, because the needs of the Venezuelan people needed to be met first.




    Sent from my iPhone using Orange Room
     
    Dynamite Joe

    Dynamite Joe

    Well-Known Member
    Coming out of the mess that was pre-Chavez Venezuela, there was a heavy reliance on oil to fund the social projects that cut homelessness and poverty and unemployment by truly remarkable numbers, and led Venezuela to being the second most literate country in all of Latin America. Why would Venezuela opt to develop its infrastructure instead of fulfilling its social promises, when no one could have predicted such a sudden fall in oil prices? By the way, oil is internationally traded on the dollar, making foreign manipulation very easy. And this is without discussing the sanctions and economic war that have been waged on Venezuela. The US doesn’t want them to succeed and that’s the primary issue here.

    Even since Maduro took power, housing has been built for two million poor Venezuelans. 500,000 a year, no small feat. The working class people have been the priority. How does one diversify their economy in a year or two while the US has spent decades failing to diversify its energy production?

    Pre-Chavez Venezuela is at fault for being so underdeveloped that it wouldn’t allow for a diversification of the economy immediately, because the needs of the Venezuelan people needed to be met first.
    It’s no accident every major oil producing country who doesn’t bend to U.S. imperialism ends up under economic sanctions, isolation, and if they persist, a military invasion. Moreover, manipulation of oil prices by the U.S. is done constantly to squeeze countries like Russia and Venezuela, as well as allies like Saudi Arabia to extract more concessions from them.
     
    proIsrael-nonIsraeli

    proIsrael-nonIsraeli

    Legendary Member
    Shocker...
    No it is not about Venezuelan oil, it is about business's desire to invest in it - while socialists are ruling the country no sane company would waste money on Maduro's regime.
     
    HannaTheCrusader

    HannaTheCrusader

    Legendary Member
    Orange Room Supporter
    فنزويلا: البرلمان الاوروبي يدعو الاتحاد الاوروبي الى الاعتراف بغوايدو رئيسًا شرعيًا لفنزويل
     
    Abou Sandal

    Abou Sandal

    Legendary Member
    Orange Room Supporter
    The whole World is watching the US destroying a country and killing its people for the sole purpose of stealing its wealth and resources, and no one will do anything about it. The strongest will “voice concern” while the weakest will bark at the victim and blame it.

    What a disgraceful World we have become to live in.
     
    proIsrael-nonIsraeli

    proIsrael-nonIsraeli

    Legendary Member
    The whole World is watching the US destroying a country and killing its people for the sole purpose of stealing its wealth and resources, and no one will do anything about it. The strongest will “voice concern” while the weakest will bark at the victim and blame it.

    What a disgraceful World we have become to live in.
    Show me proof of your allegations.
     
    Walidos

    Walidos

    Legendary Member
    Orange Room Supporter
    The whole World is watching the US destroying a country and killing its people for the sole purpose of stealing its wealth and resources, and no one will do anything about it. The strongest will “voice concern” while the weakest will bark at the victim and blame it.

    What a disgraceful World we have become to live in.
    It’s not black and white... unfortunately
    I had the same stance as you, I am a bit more reserved at this point. I spoke with a Venezuelan colleague: his view is totally aligned with Guaido... the USA is interfering but the underlying politics and popular feelings seem to be in their favour... I am suspicious of American foreign policy and tend to believe they will exploit the Venezuelans and their resources, but it seems this putsch is supported by the majority of the population ...
     
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