Latin America

railsback

(1,881 posts)

14. The bolivar has been downgraded numerous times already,

Sun May 26, 2013, 10:17 AM

May 2013

by 32% last year (which basically empowered the commercial monopolies and private banks), and the SITME was replaced with CADVI. Again, people incorrectly assume that there aren't ANY private mega corps in Venezuela, that's its all just a pure, Cuban socialist state. There are plenty of oligarchs holding monopolies who easily can control supply. They do not want more competition, they do not want people making higher wages, and they certainly want the oil fields, and will take the whole country down to do so. They ARE our Republicans.

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Toilet paper shortage is because ‘Venezuelans are eating more’ argues the government [View all] Bacchus4.0 May 2013 OP

To quote David Carridine as Woody Guthrie in "Bound for Glory": Buzz Clik May 2013 #1

It's like the global warming deniers naaman fletcher May 2013 #2

Plus naaman fletcher May 2013 #3

correct, the rest of Latin America is growing too Bacchus4.0 May 2013 #8

So this is the oligarch/Capriles strategy to bring down Maduro railsback May 2013 #4

Price controls cause shortages naaman fletcher May 2013 #5

Well, actually hoarding has more of an effect railsback May 2013 #6

That's abusurd naaman fletcher May 2013 #7

Its only absurd if you love oligarchs railsback May 2013 #9

In other words naaman fletcher May 2013 #10

You refuse to accept the answer railsback May 2013 #11

you didn't answer naaman fletcher May 2013 #12

I take it you believe there are huge warehouses hiding toilet paper? Socialistlemur May 2013 #13

The bolivar has been downgraded numerous times already, railsback May 2013 #14

A slight correction to the statement above Socialistlemur May 2013 #15

Toilet paper is a red herring railsback May 2013 #16