Venezuela a failure of CAPITALISM.

You're saying the same shit as Maduro, the socialist dictator driving Venezuela into the ground. Duped and conned by a dictator.

Maduro is a piece of shit no doubt, but to think Venezuela is where it is now "because socialism" is not only an oversimplification, it's just plain wrong.
 
Maduro is a piece of shit no doubt, but to think Venezuela is where it is now "because socialism" is not only an oversimplification, it's just plain wrong.

That's not true. The main criticism of why socialism always fails is that a group of technocrats cannot manage an economy. This turns out to be true in every case of socialism, including Venezuela.
 
Why is supply and demand creating a disaster in Venezuela and a boom in the U. S. since they are in the same world oil market?

1) The US didn't boom.

2) The same problems Venezuela faces were ones states like Texas faced in 2016: U.S. Energy Plunge Slams State Budgets, Raising Tax Hike Fears

So when you have a state that is reliant on fossil fuel revenues, and when the price of oil drops as it did, predictably those states that rely on fossil fuel revenues find themselves in a budget crunch because of diminished returns. And increasing production only makes them fall further behind because it has the net effect of further reducing the price by increasing the supply.
 
That's not true. The main criticism of why socialism always fails is that a group of technocrats cannot manage an economy. This turns out to be true in every case of socialism, including Venezuela.

So Canada is a failed state?

Norway is a failed state?

South Korea? Japan? Germany?

These are failed states? Since when?
 
1) The US didn't boom.

2) The same problems Venezuela faces were ones states like Texas faced in 2016: U.S. Energy Plunge Slams State Budgets, Raising Tax Hike Fears

So when you have a state that is reliant on fossil fuel revenues, and when the price of oil drops as it did, predictably those states that rely on fossil fuel revenues find themselves in a budget crunch because of diminished returns. And increasing production only makes them fall further behind because it has the net effect of further reducing the price by increasing the supply.

So it's capitalism's fault that Venezuela doesn't diversify it's economy and nationalized it's oil industry?

If the world was all socialist oil prices would stay constant?
 
So it's capitalism's fault that Venezuela doesn't diversify it's economy and nationalized it's oil industry?

Jesus fucking Christ...

So on the one hand, Conservative morons like cawacko say that Venezuela didn't invest in its oil infrastructure so it can continue producing oil, but then on the other hand, say it is wrong for Venezuela to not diversify its economy.

Make up your fucking minds, idiots. Thanks.
 
If the world was all socialist oil prices would stay constant?

If the world was all socialist, there wouldn't be any dependence on oil because we would have a global green economy and use petroleum for plastics and jelly (and hemp could probably replace it there anyway).

But the world is not socialist, it is decidedly capitalist, which is why we have petro-dollars and a dependence on fossil fuels.
 
Jesus fucking Christ...

So on the one hand, Conservative morons like cawacko say that Venezuela didn't invest in its oil infrastructure so it can continue producing oil, but then on the other hand, say it is wrong for Venezuela to not diversify its economy.

Make up your fucking minds, idiots. Thanks.

Can't answer the question can you fraud? Instead you just project like always because you are full of sh*t. This topic is laughable just like you.
 
Can't answer the question can you fraud? Instead you just project like always because you are full of sh*t. This topic is laughable just like you.

Yes, it is capitalism's fault because it's the global oil economy from where Venezuela was deriving the lion's share of the revenues it was using to fund its society...and the reason they lean on fossil fuels is because of the global market for them.

95% of Venezuela's exports are fossil fuels and it is the 6th largest OPEC member.
 
Instead you just project like always because you are full of sh*t.

I'm not projecting the self-contradictory positions, you shitheads are.

You're screeching that we need to drill for more oil, you're screeching that Venezuela should do the same, but then you're also screeching Venezuela shouldn't do that and should diversify its economy instead...right after saying they should have invested more in their oil infrastructure...right before you say they should have a more diverse economy...right after you say they should do more for their oil infrastructure...right before you say they shouldn't...right after you say they should...lather, rinse, repeat.

This is why it's impossible to have good faith discussions with you people; nothing you do here is in good faith. None of it. It's all about preserving your stupid ego and confirming your inherent biases.


his topic is laughable just like you.

You're a fucking fraud who makes shit up as you go, who contradicts himself, who ultimately doesn't really know anything, just bits and pieces of things here and there; whatever you glean off internet message boards.

Then you get all pissy and whiny when your long-held, but ultimately false wisdom is shattered, forcing you to reconcile the reality that you're not as clever as you want people to think.
 
I'm not projecting the self-contradictory positions, you shitheads are.

You're screeching that we need to drill for more oil, you're screeching that Venezuela should do the same, but then you're also screeching Venezuela shouldn't do that and should diversify its economy instead...right after saying they should have invested more in their oil infrastructure...right before you say they should have a more diverse economy...right after you say they should do more for their oil infrastructure...right before you say they shouldn't...right after you say they should...lather, rinse, repeat.

This is why it's impossible to have good faith discussions with you people; nothing you do here is in good faith. None of it. It's all about preserving your stupid ego and confirming your inherent biases.




You're a fucking fraud who makes shit up as you go, who contradicts himself, who ultimately doesn't really know anything, just bits and pieces of things here and there; whatever you glean off internet message boards.

Then you get all pissy and whiny when your long-held, but ultimately false wisdom is shattered, forcing you to reconcile the reality that you're not as clever as you want people to think.

I've actually said nothing in this thread or anywhere else about Venezuela's oil but lying is like breathing to you. But you're just a little b*tch aren't you.
 
Jesus fucking Christ...

So on the one hand, Conservative morons like cawacko say that Venezuela didn't invest in its oil infrastructure so it can continue producing oil, but then on the other hand, say it is wrong for Venezuela to not diversify its economy.

Make up your fucking minds, idiots. Thanks.

What's even funnier is you think the two are mutually exclusive.

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What's even funnier is you think the two are mutually exclusive.

Diversifying the economy by doubling down on fossil fuel investment?

Does that make sense to you?

95% of Venezuela's exports are fossil fuels, and you want to increase that percentage because you think that makes their economy more diverse??? Whaaaa????
 
So Canada is a failed state?

Norway is a failed state?

South Korea? Japan? Germany?

These are failed states? Since when?

I thought we were talking about socialism. No wonder you're spreading this nonsense. You do not know what socialism is.
 
I thought we were talking about socialism. No wonder you're spreading this nonsense. You do not know what socialism is.

Well, you keep moving the bar on socialism, so it's really your deficiency, not mine.

So you say we want socialism like Venezuela

We say, no, we want a system like they have in Canada

You say Canada isn't socialist.

We say, EXACTLY SO WHAT THE FUCK ARE YOU SO AFRAID OF????

Is Canada a slippery slope to Venezuela? You would have us think so.
 
I thought we were talking about socialism. No wonder you're spreading this nonsense. You do not know what socialism is.

Great! So if we're both in agreement that the system we want more resembles Canada than Venezuela, what the fuck are you so afraid of, then?
 
Diversifying the economy by doubling down on fossil fuel investment?

Does that make sense to you?

95% of Venezuela's exports are fossil fuels, and you want to increase that percentage because you think that makes their economy more diverse??? Whaaaa????

Your false and failing premise is that capitalism is at fault because we wouldn’t have oil if not for capitalism. Since your premise is a failure now is when you usually start calling people racist to divert from your failure
 
Well, you keep moving the bar on socialism, so it's really your deficiency, not mine.

So you say we want socialism like Venezuela

We say, no, we want a system like they have in Canada

You say Canada isn't socialist.

We say, EXACTLY SO WHAT THE FUCK ARE YOU SO AFRAID OF????

Is Canada a slippery slope to Venezuela? You would have us think so.

No, you're the one blaming capitalism and extolling the virtues of socialism. I'm afraid of idiots saying they want socialism, have no clue what they're talking about but work to bring it about, and then get it.
 
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