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Latin America

Marksman_91

(2,035 posts)

2. It's their own problem they didn't diversify their economies

Reply to Demeter (Original post)

Thu Apr 9, 2015, 12:35 AM

Apr 2015

Plenty of countries, smaller ones even, and in harsher geographic positions, are doing pretty well for themselves without the need for a major oil industry. It's the chavista regime's own fault that it didn't take advantage of the oil bonanza to improve production and develop other industries.

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China Spoils Washington's Economic War against Venezuela [View all] Demeter Apr 2015 OP

This is an interesting article. Real food for thought. Thank you. n/t Judi Lynn Apr 2015 #1

Latin America is attracting attention in my economics sources Demeter Apr 2015 #3

It's their own problem they didn't diversify their economies Marksman_91 Apr 2015 #2

Be that as it may, they deserve a chance to work themselves out of it, don't you think? djean111 Apr 2015 #4

But when the problem is government incompetence hack89 Apr 2015 #7

I understand that. It is just that I don't see anything but a return of rich people buying djean111 Apr 2015 #8

Nothing we are doing is impacting their economy hack89 Apr 2015 #9

Gosh, I was told the TPP and TTIP would fix all of our China problems!!!!!! djean111 Apr 2015 #5

More debt they can't pay. nt hack89 Apr 2015 #6