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Fleeing Venezuela

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Re: Fleeing Venezuela

#2
This is so painful to read, Venezuela sounds like a failed state, it can’t even provide running water to its people in Ordaz. The daily human toll must be ghastly.

How does a country ever get back on a positive trajectory after such a catastrophe?

Re: Fleeing Venezuela

#3

This is so painful to read, Venezuela sounds like a failed state, it can’t even provide running water to its people in Ordaz. The daily human toll must be ghastly. How does a country ever get back on a positive trajectory after such a catastrophe?

Cambodia went through the same hell and worse and only started the path back after Vietnam invaded it and ousted the Khmer Rouge. It might take an outside intervention to end the charade of the Venezuelan government.

Re: Fleeing Venezuela

#4
post #3

This is so painful to read, Venezuela sounds like a failed state, it can’t even provide running water to its people in Ordaz. The daily human toll must be ghastly. How does a country ever get back on a positive trajectory after such a catastrophe?

Cambodia went through the same hell and worse and only started the path back after Vietnam invaded it and ousted the Khmer Rouge. It might take an outside intervention to end the charade of the Venezuelan government.

Outside invasion - either by force or soft force (economic) are usually the quickest ways. Otherwise you need the rulers to decide to reform or the revolution to actually install a government that doesn’t just mimic the preceding.

Re: Fleeing Venezuela

#5

This is so painful to read, Venezuela sounds like a failed state, it can’t even provide running water to its people in Ordaz. The daily human toll must be ghastly. How does a country ever get back on a positive trajectory after such a catastrophe?

I don't have the numbers, but I suspect the brain-drain is near total, and irreversible for a few generations. The last time I did a round of interviews, about two years ago with half a dozen companies in Chile, at least half of the senior engineers, and many of the hiring managers, were Venezuelan. None of my Venezuelan friends plan on going back, although they do visit, and I think would like to go back if conditions were different- Venezuelan culture is quite a bit more "latin" than Chile, so there's a fair bit of culture shock for them. As it is, they are putting down roots, starting families, opening up businesses, etc, and I don't think they'll be leaving soon, if ever.

Re: Fleeing Venezuela

#6
Remember when everyone in Venezuela was starving and all the American Leftists were trying to defend Maduro and calling one a fascist on Twitter for criticizing Maduro’s regime?

Re: Fleeing Venezuela

#7
For those interested in industrial collapse in Venezuela, check out this great recap of what happened with their oil industry: https://youtu.be/0mvjp0ZqK7Q

Also check out this video on hyperinflation in Venezuela: https://youtu.be/ah9i3R9pRpg

Finally, it's worth seeing how things look on the ground. For example, check out this bit on the subway: https://youtu.be/jN5LZR4ejkg?t=20m

Re: Fleeing Venezuela

#8
post #6

Remember when everyone in Venezuela was starving and all the American Leftists were trying to defend Maduro and calling one a fascist on Twitter for criticizing Maduro’s regime?

I've probably seen half a dozen "debates" in the last year in which American Leftists were arguing with actual Venezuelans about whether the situation in Venezuela was real or Western Propaganda (TM).

Re: Fleeing Venezuela

#9
Reminds a lot of some of the eastern European states prior to the USSR collapse, but seemingly much worse.

Also the power outages mentioned - they should prove that crypto won't help...

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