Venezuela Meltdown

Lies, damned lies, and statistics.
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Abdul Alhazred
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Re: Venezuela Meltdown

Postby Abdul Alhazred » Fri Apr 06, 2018 3:25 pm

ed wrote:Ya can't spend money you don't have.



The US government does it all the time.

What Venezuela did was in effect prohibit producing wealth.
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Re: Venezuela Meltdown

Postby ed » Fri Apr 06, 2018 3:32 pm

The us government has "income", different. Venezuela bet on a ponzi scheme.
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Abdul Alhazred
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Re: Venezuela Meltdown

Postby Abdul Alhazred » Fri Apr 06, 2018 3:52 pm

The US government runs what amount to Ponzi schemes, and I expect it will catch up with us.

In the mean time, actual wealth creation continues and is even encouraged.

That is the big difference.
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Re: Venezuela Meltdown

Postby Skeeve » Fri Apr 06, 2018 4:56 pm

Abdul Alhazred wrote:The US government runs what amount to Ponzi schemes, and I expect it will catch up with us.

In the mean time, actual wealth creation continues and is even encouraged.

That is the big difference.

Are you talking about the welfare state (corporate and poor folks),
Social Security - bereft of trust fund since Ronald Ray-Gun (zap),
the 20 Trillion dollar debt (and growing) we have, or something else?
Then Skank Of America could start in...

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Re: Venezuela Meltdown

Postby Grammatron » Fri Apr 06, 2018 4:58 pm

Abdul Alhazred wrote:The US government runs what amount to Ponzi schemes


Elaborate please
pillory wrote:jokes aren't funny....seriously thinking......

seriously thinking might be funny....but it's not joke

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Abdul Alhazred
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Re: Venezuela Meltdown

Postby Abdul Alhazred » Fri Apr 06, 2018 5:03 pm

Skeeve wrote:Are you talking about the welfare state (corporate and poor folks),
Social Security - bereft of trust fund since Ronald Ray-Gun (zap),
the 20 Trillion dollar debt (and growing) we have, or something else?


Yes.
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Re: Venezuela Meltdown

Postby shuize » Fri Apr 06, 2018 9:46 pm

'It feels like we're all dying slowly': Venezuela's doctors losing hope

After six years of studying and working part-time jobs, Cristian Diaga, 24, will soon graduate from medical school in Caracas, Venezuela. But instead of continuing his training in a top hospital in the country, as he had hoped, he is taking a job in a fast-food restaurant in Argentina – a situation he says is much more preferable.

https://www.theguardian.com/world/2018/ ... osing-hope

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Re: Venezuela Meltdown

Postby Skeeve » Mon Apr 09, 2018 1:00 pm

The Bloody Grab for Gold in Venezuela’s Most Dangerous Town

In Venezuela’s gold capital, national guardsmen block the roads. Military convoys and motorcycles circle while soldiers keep wary watch behind sandbag checkpoints or patrol with faces covered by balaclavas and rifles in hand.

The military has been fighting for months to master El Callao, the dangerous nation’s most dangerous town, and a beachhead in efforts to develop a mineral-rich region the government calls the Arco Minero del Orinoco. President Nicolas Maduro granted the army the handsome prize, a move that helps ensure the unpopular autocrat’s power. But the takeover has been punctuated by blood and bullets as soldiers raid neighborhoods and clandestine mines across 70,000 square miles from Colombia to Guyana, asserting themselves over gang lords and claiming revenue both legal and illicit.

On Feb. 10, the army seized weapons, burned vehicles and killed 18 civilians — including a woman and a youth — in one of the deadliest clashes since the project’s inception. Many victims were shot in the head and face, according to police photos and death certificates obtained by Bloomber


I guess that is one way to keep the army 'loyal' as it were...
Then Skank Of America could start in...

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Re: Venezuela Meltdown

Postby Skeeve » Thu Apr 12, 2018 10:13 pm

Photo of Venezuela unrest wins World Press Photo contest

Image

AMSTERDAM — A spine-tingling photo of a young man on fire during clashes in the Venezuelan capital of Caracas during the protest against President Nicolas Maduro has won the World Press Photo of the Year.

The photo by Agence France-Presse journalist Ronaldo Schemidt won both the overall honors and the category for Spot News Single on Thursday in Amsterdam. Jury chair Magdalena Herrera called it “a classical photo” that gave her “an instantaneous emotion.”


Picture says it all...
Then Skank Of America could start in...

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Re: Venezuela Meltdown

Postby Witness » Thu Apr 12, 2018 11:00 pm

Panama bans Venezuelan airlines for 90 days

Customers lineup outside of Copa Airlines sales offices after their flights was cancelled, in Caracas, Venezuela, Friday, April 6, 2018. The Venezuelan government suspended temporarily all diplomatic and economic relations with Panama in an ongoing diplomatic rift.
http://www.topix.com/world/venezuela/2018/04/panama-bans-venezuelan-airlines-for-90-days-1


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