In this case was the currency exchange

But that's enough, now you explain to me how Venezuela failed

If it wasn't socialism

Venezuela failed due to corruption, US interference, a collapsing oil market, internal corporate elites stocking up and hiding supplies in an attempt to turn public opinion against the government

https://cdn.discordapp.com/attachments/143187271145750528/503321065078915082/Dp-z2TTXQAA1gqr.png

"professional" "designers" are the bane of my fuckin life

https://www.youtube.com/watch?v=8snbL_kVmXw

Top

Fkin

Kek

Telesur answer

There's no such thing as US interference, in fact, most people there are begging for one

ok

During the last 20 years oil has been peak high

https://oilprice.com/Energy/Energy-General/Why-The-US-Wont-Sanction-Venezuelas-Oil.html

So the income should've been high enough that even us interference wouldn't matter

its not about oil prices

Wait, that's my next point chill out

It is

It's $85 now c'mon Venezuela

Because with the mid 2000s prices it would've been enough to survive any criais

START TRYING

The thing is they can't even try, oil infrastructure is (at least) 20 y.o. With barely any maintenance

Because the oil company was statized around 2002

And they kicked practically all qualified workera

Workers*

exactly

And about stockpiling. The only ones caught stockpiling were government owned

The cherry on top of the cake is that gasoline is basically free.

And they are implementing a system where party members will still get it for free, and everyone else has to pay international price

alright?

There's no possible way to survive that way

Now extrapolate that to a whole country

ok, and why would I do that?

Cause the same people are running the fkin country

you cant just extrapolate things like that to a whole country

there are thousands of factors at play here

millions, even

OK, then why did it fail?

It wasn't US intervention, stockpiling or the drop of oil prices

it was a million things dude, I dont really know what to tell you