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It’s official: Venezuela is a dictatorship

washingtonpost.com

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Re: It’s official: Venezuela is a dictatorship

#5
Venezuela'a foreign exchange reserves stand at less than $12 billion [1]. They pay over 15% of that this month to bond holders [2].

This makes no sense until one considers that the bond holders might be regime insiders. Venezuela is a state structured to maximise the transfer of wealth from the many to the few.

Shockingly, as recently as 2004 Venezuela boasted fair elections [3]. The degree to which Venezuelans are to blame for their predicament (and the related probability that they will recreate it in spite of aid) is a difficult moral question.

[1] https://www.stratfor.com/analysis/venezuela-new-roadblock-re...

[2] http://www.chicagotribune.com/news/sns-wp-blm-venezuela-602c...

[3] https://en.m.wikipedia.org/wiki/Venezuelan_recall_referendum...

Re: It’s official: Venezuela is a dictatorship

#8

If Venezuela is a dictatorship, oh lord, what a wonderful dictatorship! They don't invade any country like usa do.

For the last 60 years or so, few of the world's worst dictatorships have. In fact, the worst instance of the USA invading another country was sparked by the rare instance in which a terrible dictatorship did attempt to invade another country.

Few would praise the Union of Myanmar, for instance, despite its hermetic demeanor towards the rest of the world.

Re: It’s official: Venezuela is a dictatorship

#9
A country with one of the greatest oil reserves in the world, fertile land, good climate, access to the sea (world trade) and no military conflicts for a century was turned into a population of homeless people hunting dogs and cats on the streets in order to not starve to death - only possible with Socialism.

I remember how ten years ago people on my university (in a Western country) were trying to convince me that Chavez's version of Socialism is the future for humanity. And when he came to give a speech he was celebrated like a pop star.

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