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In reply to the discussion: Venezuela jails 100 "bourgeois" businessmen in crackdown [View all]Ranchemp.
(1,991 posts)131. The economists don't report is as they see it in my opinion,
they report the facts, they take a set of numbers and statistics and report the facts, not opinion, and their determination has been that the official exchange rate, coupled with massive mismanagement and widespread corruption within the Chavez, now Maduro govt. is the root of Ven. economic meltdown, and to top it off, you've got an electrical infrastructure that's been ignored and is failing, the highest overall crime rate in Latin America, chronic shortages of basic goods, and that's a recipe for disaster.
Ignore it all you want, but the facts are the fact.
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Maybe they're honest about who's democratically elected and who's not. Ever thought of that?
delrem
Nov 2013
#85
There is a problem, that the productive class gets paid peanuts while retailers gouge.
delrem
Nov 2013
#6
unless you're a major billionaire with lots of influence, you'll be in same position as farmers.
delrem
Nov 2013
#97
Better a small business than a large corporation, I would tend to think.
nomorenomore08
Nov 2013
#105
highest in South America actually, Honduras and perhaps El Salvador are higher in the whole region
Bacchus4.0
Nov 2013
#40
ok, you may be right. Not sure about overall crimes. and you are definitely right
Bacchus4.0
Nov 2013
#45
I suspect that Maduro would step in to prevent employers from laying off workers
Bacchus4.0
Nov 2013
#57
As opposed to the United States where the business model is to keep two sets of books.
Spitfire of ATJ
Nov 2013
#102
"They are barbaric, these capitalist parasites!" Well ...looks like the US has something in common.
L0oniX
Nov 2013
#34
Thank you!!! The economists report it as they see it in your opinion but
Theyletmeeatcake2
Nov 2013
#130
And Hugo's "solutions" to those economic problems are why they are where they are at.
hack89
Nov 2013
#135
According to a recent article VZ still has a positive budget situation
Theyletmeeatcake2
Nov 2013
#141
Not logical to throw retailers in jail and then complain about product shortages.
geek tragedy
Nov 2013
#48