Venezuela

So wrong,,I started this thread because I watched the news coverage on the brutality which was taking place in Venezuela, unlike some, Corbyn is not the central part of my life

Really, Annie?

So why did you post this when someone asked the thread was started?

Anniebach Fri 28-Jul-17 20:41:01
It was started because a man who wants to be the next P.M. Of this country and his shadow Home Secretary and shadow chancellor hold Venezuela as an example of all that is good , worrying

Your right niggly, has to be the fault of America and their 'promise the world president Trump'

Sorry, I didn't mean to write your name twice, I meant to correct the capitol 'a'!

Trump, Annie, annie who else?!!

Wonder who gets the blame for the poverty in Russia

"It seems, after some hesitation and discussions in the early part of 2014, Saudi Arabia launched this oil price war in tandem with the US. America supported the policy as it wanted to undermine the influence of oil-dependent Russia, something it apparently considered more important than supporting its own fracking sector, while access to cheap imported oil is good news for US consumers and industry in general. Whether or not there was a clearly planned and agreed strategy, there seems to be an unmistakable convergence of interests between the Saudi and US positions.

This strategy of keeping the price of oil down has not necessarily destroyed either the Russian or Iranian economies however. Instead, the hardest hit oil-producing nations are in South America and Africa, where petro-states such as Libya, Angola, and Nigeria are suffering.

But the worst affected country of all is Venezuela, the most disastrously oil-dependent state in the world. Oil accounts for 96% of exports and more than 40% of government revenues.

It is still unclear whether the Saudi-US oil price strategy will ever achieve its main goal of crushing Russian and Iranian power and influence. But one thing is clear: the world oil market will continue to be extremely volatile, and smaller, less powerful nations will continue to be caught up in the wider battle."

From an article in The Conversation four days ago.

So Venezuela is in the state it's in because of Saudi Arabia?

So wrong,,I started this thread because I watched the news coverage on the brutality which was taking place in Venezuela, unlike some, Corbyn is not the central part of my life

Strange comment Morgana. Annie started this thread so she could have ago at Corbyn. UK politics has been in it from the start. And I think the similarity between the Left wing populism of Venezuela and the Right wing populism of the UK is striking. Both are manipulating the populace and damaging the country. It's just that the UK is not yet in such dire straits as Venezuela.(and hopefully never will be)

Have I said so?
What I admire is any South American country that fights against being taken over by the US.
The reason Venezuela is in the state it is in is because Saudi Arabia swamped the world with oil, reducing the oil prices. Chavez and Maduro had to fight against that, as most of their exports, 95%, I read somewhere, were oil.
That happened in 2015, I think.

We were in the same sort of situation with oil exports, but we had lots of other things to export, unlike Venezuela.

Jen, you admired Castro now Maduro

So you reckon the 1% will help the poor, do you?

Note the date, end of 2015.

www.theguardian.com/world/2015/dec/06/venezuela-elite-hope-poor-abandon-chavez-legacy-election

Jen, there has been no fabulous revolution for the poor in Venezuela. Check the wiki page for the Economy of Venezuela.

According to Venezuelan NGO PROVEA, by the end of 2015, there would be the same number of Venezuelans living in poverty as there was in 2000

en.wikipedia.org/wiki/Economy_of_Venezuela

When you quote the Guardian numbers, you're distorting the truth, as extreme poverty went up when Chavez took power initially. The truth is less impressive.

Blame Trump. Blame America in general. Blame anyone except the people who are supposed to be running the country. Whatever the US has done, you're condoning the response.

America has history in South America.

I can remember almost in every decade that most have been interfered in by the USA particularly if the country looks to be socialist. It will not tolerate that under any circumstances, which has meant real hardship for folk in the past.

What a shame that such an interesting discussion about Venezuela was high jacked by political comments about the u.k.

When all else fails, denial or sarcasm

If you look hard enough you can find out that Venezuelans are eating humans.

"With oil prices low and the government's cash dwindling, price controls have become a huge problem. The state still subsidizes food far below normal prices to appease the poor. Maduro has printed money at breakneck speed, and the bolivar has plunged in value, wiping out jobs and income.

At the same time, Maduro's hostility to foreign business has created a corporate exodus. Pepsi (PEP), General Motors (GM)and United (UAL) are just some of the companies that have cut back or left entirely. Unemployment in Venezuela this year could reach 25%, according to the International Monetary Fund.

Inflation is only getting worse. In 2010, one American dollar was worth about eight bolivars. Today it's worth over 8,000 bolivars, according to the unofficial exchange rate, which many Venezuelans use because government rates are considered far overvalued. Prices could rise an astounding 2,000% next year.

To keep up, Maduro has raised the minimum wage three times this year. That has provided a little short-term relief to the poor, but experts say it creates long-term pain in the form of a worthless currency.

"The economy is really chaotic. It's totally collapsed. It's at the point of no return," says Alberto Ramos, an economist who heads Latin America research at Goldman Sachs.

Maduro blames his opponents for Venezuela's economic woes and says U.S. sanctions on Venezuelan leaders are proof the United States is waging an "economic war."

Regardless of where the blame lies, humanitarian misery has followed the economic plunge."

In the meantime, trump punishes Maduro with refusing to buy oil. Who is he punishing?
Not Maduro on his own, or the other members of his government. It's the ordinary people.

Jen , if extreme poverty is down why are people killing and eating cats ?

So true POGS, and he will do it if he wins an election, the man is a danger with his communist beliefs .

So how do you think Chavez managed to get extreme poverty down from 23.8% to 8.5% if all the oil money went on corruption?

This has recently been submitted in post:-

' Above all, Venezuela is subject to massive corruption; it's ranked among the most corrupt countries in the world. While we might be able to cite instances of corruption in Britain and other developed countries they are on nothing like the scale of Venezuelan corruption. It is reckoned that a huge part of their wealth from oil has disappeared as a result of corruption; far from being dissipated in spending on socialist 'public expenditure' it has disappeared into the pockets of members of the regime and their associates. '

The 'regime' and their associates for years can only be Chavez and Moduro and that is why it is difficult to understand why the left praise so wholeheartedly the likes of Chavez and Moduro . They are literally feted, adored and it would appear some will never accept anything other than they are saintly.

The left , such as Corbyn/McDonnell/Abbot have lionized the likes of Castro/Chavez/Moduro as being bastions of what a Socialist Revolutionary Government looks like and should be aimed for . They have for years aspired , worked toward the United Kingdom to be governed in their likeness and this is evident from their rhetoric to the rallies they attend , the organizations they belong to. In other words they have wanted the same Socialist values here in the UK as Castro/Chavez/Moduro had/have in Cuba and Venezuela.

The silence from Corbyn et al since they gave their praise to Moduro on his election is both enlightening and most certainly not a surprise to many.

If Venezuela is subject to massive corruption why does Corbyn heap praise on it

and in wades Trump again,with we may take military action over Venezuela ,this eegit thinks he's playing war games on a computer.For heavens sake somebody rein him in !