Message from @ᚾᚨᚦᚨᚾ
Discord ID: 324312242046894081
The government was drowning in money before 2014
And then oil prices dropped by 70 some percent
And oil of course was a massive part of venezuelas economy and the largest source of government income
I dare you to find an article on Venezuela being in crisis before 2013/14
If you find one, read the essay I sent above, if not, my point has been proven
The government might've been drowning in money, it's hard to find a socialist government that doesn't have a rich government. That doesn't mean that regular people have money, or are living comfortably, Venezuelans have had problems since Chavez.
It's been in a food shortage crisis since 2010.
They're not socialist tho
70% of their economy is privately owned
Where do you get that figure?
Fox fucking News
Your lord and savior
I don't really take a news source from so-called experts seriously, I only look at actual citations from studies or analysis.
:/
Take the damn source
l0l0l
You don't wanna know how many times I've gotten into debates where the whole thing boils down to whose sources are better
Trust me I prefer raw data but so many conservatives worship Fox News that I was elated when I found their article on how much of the Venezuelan economy was privately owned
Well I never read that, you should show me.
"Yet creating a socialist economy is one of Chavez's most elusive goals — a stark example of the disconnect between the president's rhetoric and the reality on the ground. In fact, the private sector still controls two-thirds of Venezuela's economy — the same as when Chavez was elected in 1998"
This is from 7 years ago.
Look up their nationalizations since then
It's hardly anything
The largest "socialist" policies were implemented immediately before this article was written
Food distribution was nationalized after 2010, and so were many more industries.
Right now, I don't think it's the same thing as it was in 2010.
It's pretty close honestly
How do you know?
The government is insanely corrupt which doesn't help things but that's about it
Do you have any figures from 2017?
Food industry is the only one after 2010, and according to this it was only a promise
(The pictures are in the wrong order, bottom one should be on top)
And again if you do some research the vast majority of people agree that oil market fluctuations and not socialism are responsible for Venezuelas crisis
I mean, socialism sure didn't make it any better, the fact that all of chavez' social programs relied on oil for funding amplified the effects of the crash
But there's hardly anything to suggest that Venezuela would be peachy if it Chavez weren't in the picture
Nothing is peachy, but the socialist government has a lot of blame to take for choking out the economy and causing hyperinflation
*the government has a lot to blame
The fact that they're called socialist is irrelevant