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How to Survive When Money Is Worthless [video]

nytimes.com

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Re: How to Survive When Money Is Worthless [video]

#161

Post by jstewartmobile »

throwaway37585 wrote: post #160
jstewartmobile wrote: post #159

Earlier quoted context omitted.

We are all nominally market economies--in the respect that everything gets laundered through the market. Doesn't make us any less socialist. Typical medicare recipient blows through his entire lifetime contribution in two years. It is propped up through progressive taxation and gobs of public debt. Medicare spending for 2017 was around $700B[0]. US healthcare spending for 2017 was $3.5T[1]. That's roughly 20% of the…

> We are all nominally market economies "Nominally"? What planet do you live on? The definition of a market economy, in case you're unfamiliar with it, is an economic system in which decisions regarding resource allocation (including investment, production, and distribution) are determined by price signals created by supply and demand. In particular, the factors of production (land, labour, and capital) are guided by…

Dude, you need to work on your tone. I'm all for having a discussion on this, but when you get personal and hostile with stuff like "What planet do you live on?" and "You seem to be confused about blah blah blah", nobody's going to bother with you.

Re: How to Survive When Money Is Worthless [video]

#162

Post by _bfhp »

throwaway37585 wrote: post #157
wazoox wrote: post #113

Earlier quoted context omitted.

My thought exactly. This really sounds like a propaganda piece; "it's all Maduro's fault". really, I don't know. I'm not so sure.

As a Venezuelan, I'm curious to know what about this article makes you think it's a "propaganda piece".

As someone familiar with hasbara units and finding it only economic that such things would operate to defend a rich patron country, I'm curious to know why I should assume this question is posed by a Venezuelan

Re: How to Survive When Money Is Worthless [video]

#163

Post by wazoox »

throwaway37585 wrote: post #157
wazoox wrote: post #113

Earlier quoted context omitted.

My thought exactly. This really sounds like a propaganda piece; "it's all Maduro's fault". really, I don't know. I'm not so sure.

As a Venezuelan, I'm curious to know what about this article makes you think it's a "propaganda piece".

The fact that it's extremely one-sided, about a country well-known for repeated US meddling. For instance see the example of the Kellogg's factory. They present several questionable facts as given: why did Kellogg's leave the country? it's unclear. May it be in part because of US government pressure? not unlikely. Why do they present the takeover of the abandoned factory as something wrong? The owners are gone. In fact, takeover of the factory to provide work to its employees and products to its customers look like the obvious right thing to do.

Maduro and his clique did many things wrong, no doubt. They failed badly at reforming the economy and making it more sustainable. They're corrupt. They probably mismanaged the country. However international sanctions are the direct cause of most of the problems that make the news daily (lack of medicine, food, etc).

Re: How to Survive When Money Is Worthless [video]

#165

Post by throwaway37585 »

_bfhp wrote: post #162
throwaway37585 wrote: post #157

Earlier quoted context omitted.

As a Venezuelan, I'm curious to know what about this article makes you think it's a "propaganda piece".

As someone familiar with hasbara units and finding it only economic that such things would operate to defend a rich patron country, I'm curious to know why I should assume this question is posed by a Venezuelan

> economic that such things would operate to defend a rich patron country

Economic to defend which country? Based on what evidence?

> I'm curious to know why I should assume this question is posed by a Venezuelan

How do you propose I prove I'm Venezuelan?

In general, you will find that Venezuelans have a much less rosy picture of socialism than the gringos do, and for good reason.

Re: How to Survive When Money Is Worthless [video]

#166

Post by throwaway37585 »

wazoox wrote: post #163
throwaway37585 wrote: post #157

Earlier quoted context omitted.

As a Venezuelan, I'm curious to know what about this article makes you think it's a "propaganda piece".

The fact that it's extremely one-sided, about a country well-known for repeated US meddling. For instance see the example of the Kellogg's factory. They present several questionable facts as given: why did Kellogg's leave the country? it's unclear. May it be in part because of US government pressure? not unlikely. Why do they present the takeover of the abandoned factory as something wrong? The owners are gone. In fa…

> The fact that it's extremely one-sided

There's a fucking crisis destroying this country and you're complaining about this article being "extremely one-sided"? Any accurate portrayal about what's going in the country will appear one-sided because the situation is one-sided. You'll be hard-pressed to find anything the government is doing right. That's the extent of their incompetence.

> about a country well-known for repeated US meddling

Ah yes, Maduro's universal scapegoat. Can you point to what "US meddling" you think caused this crisis?

> why did Kellogg's leave the country? it's unclear.

Are you fucking serious? It pulled out of the country because the country is in economic free-fall, and the government is notorious for expropriating companies at a whim. How the government was able to ruin Venezuela's oil industry and is too incompetent to even operate existing infrastructure should be a case study for the world.

> May it be in part because of US government pressure? not unlikely.

Based on what?

Using the abandoned factory isn't the problem. It's what led to that situation that's the problem.

> international sanctions are the direct cause of most of the problems that make the news daily (lack of medicine, food, etc).

Direct cause of most of the problems? What the hell? On what basis do you claim this? Are you even familiar with the factors that led to the current crisis at all?

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