Message from @DA GOMMIE JOO
Discord ID: 541418792232943644
@RandomDiscordAccount no one cares nerd
I bet you did your math homework
@aura shh
Those EU camps are big gay
@everyone
<@&524499211698438145>
what is this: https://youtu.be/FKreqSZn1w4
https://youtu.be/-EFcqr3-3GE
nonce
Hi
f*** the EU
abseloutley haram
@Deleted User nothing u would understand uwu
what if t-series was just created by pewdiepie as an excuse to get attention because his channel was stagnating
@DA GOMMIE JOO https://media.discordapp.net/attachments/532356795381841940/541377038565769226/thumb_what-the-venezuelan-flag-stands-oil-70-of-industry-being-24624963.png
Previous dictator literally went to factories and basically said "this is for use of the public now"
like most large businesses were driven out so i would say its most certainly due to socialism
"Venezuela's economy remained market-based and private-sector dominated throughout [Chavez's] time in office."
"...part of the problem was always that oil-rich, hyper-consumerist Venezuela was the last place you would expect socialism to blossom - and these characteristics caused grave problems for the government."
"most large businesses were driven out"
then who was crashing the market by devaluing currency?
"Venezuela’s government has seized assets from dozens of foreign corporations in nationalizations by the late President Hugo Chavez and the embattled current government of Nicolas Maduro."
"The seizure stands out because it stems from a dispute with private citizens rather than the government"
this is more recent but it shows that the lack of property right norms actually led to most businesses
yeah
the state used the dispute to take the site
and its this type of economic instability for ownership of property that led to the Dutch disease and complete dependency on oil
maybe venezuela began seizing private businesses because they were directly responsible for the currency problems
Russia too has nationalized oil and did not suffer this drawback
and the currency issue is literally retarded
international business causing your currency to be pegged lower than others is problematic
the government could of easily dealt with this by embracing cheap production
i dont see this as disputing anything
the underlying cause is the get-rich-quick oil industry that chavez tried to undercut
and undercut it he did, resulting in a backlash
state seizures for the sake of giving bureaucrats more wealth, who wouldve thought