Venezuela Reaches the Final Stage of Socialism: No Toilet Paper

[Cynic]

Be overly dependent on one industry, fund a gazillion socialist policies off of said industry, never diversify your bonds and end up caught with your pants down when the price of the brick dips. Take heed Saudi Arabia

They are the ones who flood oil into the market...

 

[Reece]

They are the ones who flood oil into the market...

Saudi Arabia can produce oil for next to nothing but their economy is so reliant on it they need oil at $80 to balance their budget.

They flooded the market to drown out shale producers for the above reasons plus the Aramco ipo but it didn’t work.

MBS has been running wild investing through SoftBank and other avenues via the PIF, meeting with officials from India, Pakistan, Bhutan, UAE, and Russia to build alliances, trying to attract investment to Saudi, build better infrastructure and encourage growth in other industries to transition themselves from being solely reliant on just one sector. When he’s not murdering people you know.

When every last drop is gone or we’ve moved off to a more efficient fuel source Saudi Arabia better have diversified their economy or else they’ll be in a similar situation. That’s what I meant when I said that.

 

[Cynic]

Saudi Arabia can produce oil for next to nothing but their economy is so reliant on it they need oil at $80 to balance their budget.

They flooded the market to drown out shale producers for the above reasons plus the Aramco ipo but it didn’t work

MBS has been investing via SoftBank and other avenues through the PIF, meeting with officials from India, Pakistan, Bhutan, UAE, and Russia to build alliances, trying to attract investment to Saudi, build better infrastructure and encourage growth in other industries to transition themselves from being solely reliant on just one sector. When he’s not murdering people you know.

When every last drop is gone or we’ve moved off to a more efficient fuel source Saudi Arabia better have diversified their economy or else they’ll be in a similar situation

They did it to spite US Shale and Stifle Iran ... Aramco is still a go . They will have to wait a bit

but going into Yemen and alway fighting proxy wars will be their downfall.

 

[wtfyomom]

yeah lets just ignore capitalism failing all over the world because venezuela nationalized less of their economy than france (which again isnt even socialism) and the most powerful country ever sanctioned them to death, and lets act like i cant find poverty all across america.

 

[God Almighty]

Surprised nobody bumped this when most of America ran out of toilet paper.

 

[☑︎#VoteDemocrat]

Treasure Washes Up on Venezuela’s Shore, Bringing Gold and Hope to a Village

 

[jilla82]

yeah lets just ignore capitalism failing all over the world because venezuela nationalized less of their economy than france (which again isnt even socialism) and the most powerful country ever sanctioned them to death, and lets act like i cant find poverty all across america.

Capitalism failed in America?

People still dying to get to this country.

If you stay poor as an adult thats from the choices you made.

Im sorry, but any black person that wants to give the government more control is delusional.

 

[God Almighty]

Capitalism failed in America?

America is covered in food bank lines right now.

 

[jilla82]

America is covered in food bank lines right now.

Pandemic?
Are you arguing we should be open?

And does this argument take into account how people spend their money?

I mean...the fact that nonprofits in this country can feed people is an argument for the free market.

 

[God Almighty]

Pandemic?
Are you arguing we should be open?

And does this argument take into account how people spend their money?

The illusion is collapsing, breh. The economy is shyt. Has been for years. The stock market was separated from reality a long time ago.

 

[jilla82]

The illusion is collapsing, breh. The economy is shyt. Has been for years. The stock market was separated from reality a long time ago.

youre not saying anything about capitalism.

Its natural for economies to go through recessions and boom markets.

but again...the whole world being shut down has had a major effect...
...how are you ignoring that?

What type of system are you advocating for?

 

[God Almighty]

Its natural for economies to go through recessions and boom markets.

 

[Disclosure]

If you stay poor as an adult thats from the choices you made.

 

[blotter]

Capitalism failed in America?

People still dying to get to this country.

If you stay poor as an adult thats from the choices you made.

Im sorry, but any black person that wants to give the government more control is delusional.

youre not saying anything about capitalism.

Its natural for economies to go through recessions and boom markets.

but again...the whole world being shut down has had a major effect...
...how are you ignoring that?

What type of system are you advocating for?

A brain poisoned by capital is no way to go through life

The irrefutable contradictions of capitalism are no secret, you would be well served to engage with them. Probably some history too

The Dawning of the Apocalypse is a good start on the history tip

 

[88m3]

America is covered in food bank lines right now.

It's not a bug, it's a feature