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In reply to the discussion: Venezuela's Maduro blasts 'devil' Obama [View all]MADem
(135,425 posts)There is a real strain on earnings; so much money is going to placate the very poor and there is competition between that money to keep those in poverty "on the team," money for infrastructure improvements, money to put food on the market shelves, the massive tons of money and oil they hand over to Cuba (while Cuba gives them doctors who are sent out into the boondocks to provide medical care to those poor folks), money to keep the wheels of commerce greased...and all that corruption money that doesn't help anyone but the Boligarchs, the slice of which gets larger and larger as time goes by.
I think the model is unsustainable. VZ needs a guy like the dude running Uruguay--he lives on a crappy little farm, drives an old car, doesn't take all his salary, and is a model of frugality and temperance. http://en.wikipedia.org/wiki/Jos%C3%A9_Mujica#Personal_life Of course, all the dudes with their hands in the cookie jar would probably wax a guy like that...he'd be getting in the way of their earning potential.