[Boards: 3 / a / aco / adv / an / asp / b / biz / c / cgl / ck / cm / co / d / diy / e / fa / fit / g / gd / gif / h / hc / his / hm / hr / i / ic / int / jp / k / lgbt / lit / m / mlp / mu / n / news / o / out / p / po / pol / qa / qst / r / r9k / s / s4s / sci / soc / sp / t / tg / toy / trash / trv / tv / u / v / vg / vip /vp / vr / w / wg / wsg / wsr / x / y ] [Search | Home]
4Archive logo
...
If images are not shown try to refresh the page. If you like this website, please disable any AdBlock software!

You are currently reading a thread in /biz/ - Business & Finance

Thread replies: 9
Thread images: 1
File: burning dollards.jpg (53 KB, 599x395) Image search: [iqdb] [SauceNao] [Google]
burning dollards.jpg
53 KB, 599x395
https://www.washingtonpost.com/news/wonk/wp/2016/01/29/venezuela-is-on-the-brink-of-a-complete-collapse/?tid=pm_business_pop_b

>Venezuela's government has tried to deny economic reality with price and currency controls. The idea was that it could stop inflation without having to stop printing money by telling businesses what they were allowed to charge, and then giving them dollars on cheap enough terms that they could actually afford to sell at those prices
>The idea was that it could stop inflation without having to stop printing money
>stop inflation

Where were you when a country with natural oil reserves managed to go bankrupt?
>>
>>1075562
On the internet, reading people defending socialism.
>>
>>1075562

Watching a documentary about how American finance "regulators" are literally the same people sitting on the boards of investment banks that brought on the global anal prolapse of 2008, and also the same people that successfully lobbied against regulation during the decade before that.
>>
>>1075574
>lol it's definitely their fault and not because of the embargoes and economic sanctions and CIA subversion campaigns XXXX-DDDDDDDDDD
>socialism never works XXXXDDDDDDDDDD
>>
>>1075590

Inside job?
>>
>>1075593

Yeah. Saw it years ago but didn't know shit about finance at that point, and didn't care because I was in college getting high and playing Football Manager.
>>
I don't understand why the US gives all its money to Saudis for oil when they've gone fucked us multiple times and cucked Europe with terrorism.

Venezuela would be a much better partner not just for political reasons, but proximity, much larger reserves, and the fact that they won't be slaughtering Americans, just themselves, if we prop them up.

Would also divert all the illegals if they manage to become wealthy.
>>
>>1075597

I think you'll have to go back to Nixon and Kissinger for an answer to that question.

A lot of bridges were burned in South America in those days.
>>
>>1075594
lol, me too
Thread replies: 9
Thread images: 1
Thread DB ID: 485347



[Boards: 3 / a / aco / adv / an / asp / b / biz / c / cgl / ck / cm / co / d / diy / e / fa / fit / g / gd / gif / h / hc / his / hm / hr / i / ic / int / jp / k / lgbt / lit / m / mlp / mu / n / news / o / out / p / po / pol / qa / qst / r / r9k / s / s4s / sci / soc / sp / t / tg / toy / trash / trv / tv / u / v / vg / vip /vp / vr / w / wg / wsg / wsr / x / y] [Search | Home]

[Boards: 3 / a / aco / adv / an / asp / b / biz / c / cgl / ck / cm / co / d / diy / e / fa / fit / g / gd / gif / h / hc / his / hm / hr / i / ic / int / jp / k / lgbt / lit / m / mlp / mu / n / news / o / out / p / po / pol / qa / qst / r / r9k / s / s4s / sci / soc / sp / t / tg / toy / trash / trv / tv / u / v / vg / vip /vp / vr / w / wg / wsg / wsr / x / y] [Search | Home]

All trademarks and copyrights on this page are owned by their respective parties. Images uploaded are the responsibility of the Poster. Comments are owned by the Poster.
This is a 4chan archive - all of the shown content originated from that site. This means that 4Archive shows their content, archived. If you need information for a Poster - contact them.
If a post contains personal/copyrighted/illegal content, then use the post's [Report] link! If a post is not removed within 24h contact me at [email protected] with the post's information.