Post
Topic
Board Economics
Re: Venezuela hit by new nationwide powercut for more than three days
by
Artemis3
on 02/04/2019, 17:14:38 UTC
Maduro can go away and nothing will be fixed.
Without an increase in oil prices, Venezuela is the same as sub-saharian Africa.
There is no magic cure other than oil, the others are painful and will require years after years of reconstruction.

In this you are wrong, VERY wrong. As i wrote before, the Venezuelan oil industry is profitable even if the oil barrel goes down to 7USD. The problem IS NOT the oil price, is the GIANT mismanagement and misuse of funds, and the politicians meddling.

The socialists are not competent or efficient at all. Quite the opposite, anything they do (if ever) costs 10x more, and takes 100x more to do.

ANYONE that is not from Maduro's party, WILL FREE THE ECONOMY. This is the main root of Venezuela's poverty. The second root is STOPPING CRIMINALITY.

Furthermore Venezuela COULD LIVE WITHOUT OIL if it wanted, you have no idea how wrong you are by making that statement.