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Nuclear Unicorn

(19,497 posts)

3. Russia is also very petrol-centric but they do have other industries.

Reply to Lodestar (Reply #1)

Fri Jan 29, 2016, 07:49 PM

Jan 2016

I totally understand VZ's intent to provide for the poor but they would have done it better had they had spent the money in an effort to diversify the economy rather than just spending money.

We keep hearing so much on worker-owner factories and industries but the government failed to make those ideas a reality.

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Venezuela is on the brink of a complete economic collapse [View all] Nuclear Unicorn Jan 2016 OP

I think Russia is in the same boat...or close to it. n/t Lodestar Jan 2016 #1

Russia is also very petrol-centric but they do have other industries. Nuclear Unicorn Jan 2016 #3

exactly; Russia has 11 time zones of natural resources Flaxbee Jan 2016 #6

Why would you think that? Flaxbee Jan 2016 #5

This message was self-deleted by its author Bucky Jan 2016 #2

One part low oil prices, one part corruption, one part economic warfare. hunter Jan 2016 #4

They voted in the corruption NobodyHere Jan 2016 #7

So do we, so do we... hunter Jan 2016 #8

That's true. We get what we vote for. NobodyHere Jan 2016 #10

And often we get what we didn't vote for. hunter Jan 2016 #12

Close, but not quite FBaggins Feb 2016 #13

Anyone who loaned money to Venezuela deserves the default Yupster Jan 2016 #9

I think they tried to change things without enough planning Marrah_G Jan 2016 #11