Venezuela

>>133811990
read some history

>>133811990
>fix prices
>tax everyone more
>profits down
>cheaper to not plant wheat, beans than to sell them
>make it illegal not to grow them
>fuckthisfarmingshit.jpg
>no food
>WTFimstarving.gif
>riots

>>133813128
This

Also hyperinflation and a fixed currency ratio means it's literally impossible to get outside funding. If you tried to convert a million Dollars to Bolivars you'd lose something like 90% of its value, so no one is going to help them out.

>>133811990
because they chose prices for everything and didn't allow the market to adjust to the huge amounts of external factors and interacting systems which is why they're stuck with $100 toilet paper

>>133811990
Sanctions and embargoes on a wholly state industry just after they gave the people who gave them those, free oil. I've seen many videos. Probably the rich can eat just fine. Everybody looks fine. Little south american glitch or two. Maybe a touch of an inflated currency. But I see no anarchy or New Delhi tier stuff. And even if it were. How close is any other country to that? Far far away? Let's all hope

w/o a diverse economy, it became too sensitive to oil price dropping

Price controls
Oil prices
Corruption and bureaucracy

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>>133811990
Follow the Green line.

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>>133814601
Compared to Chile
>reminder that Venezuela has enormous oil reserves and Chile does not

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>>133814706
Which brings us to current times where you get nonsense like this.
>pic related
>literally ~90% of their trade revenue is dependent on oil AFTER the price drop

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>>133811990
Not defending Marxist socialism, but this meme needs to die

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>>133815025
>Now compare this to US exports

>>133814706
>That steep rise under Chavez

>>133811990
just take a history books or hear get in touch with someone that went through the shitshow that was communism (chink or russkie), i mean how bad do you think it would be when the political ideology of your nation promotes the destruction of the people with talent/experience/brains,etc and encourages people to believe that individiality and property is a bad thing even though the former is gained by hard work and a proper management of the resources (brains required). That's why such a cancerous ideology will always fail, one of the worst things that could have ever been created and oh almighty lord how many people have lost their lives because of it

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>>133815029
objectively incorrect m8
see: >>133814601

They were already halfway up shit-creek by 1999, and they were effectively ""real socialists"".
>govt. owns oil company
>90% of trade revenue is oil
>profits are redistributed
>tight control on creating new businesses

The socialists loved it until it started to noticeably stink, this was as close to the real deal as you're ever gonna get under Marxian socialism.

>>133811990
So, if it all because oil prices and sanctions, why Russia or Gulf states currently not starving and rioting?

>>133811990
The government owing everything isn't socialism

>>133814706
the growth of Chile from 1970 to 1971 was legit and thanks to Allende's nationalization policies. It was after 1972 that the sabotage orchestrated by the CIA, conservashits and globalists stagnated their economy.

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>>133815401
....You mean the global oil price boom? Had literally nothing to do with Chavez.

Again see:>>133815025

>>133813128

Plus Chavez stole 3 billion and gave it to his daughters... whom are now living outside of Venezuela.

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>>133815973
>have a system supposedly better than capitalism
>inferior capitalists somehow keep ruining it
>communists are unable to ruin capitalist countries' economies tho

WEW LAD

>>133811990
Venezuela doing good, Obama sets up SOUTHCOM in 2010 to combat "radical populism" in Venezuela and everything goes to shit there shortly after

SURELY JUST A COINCIDENCE

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>>133816362
It's certainly possible that we were fucking with them in some other way or planning to, but the oil price is quite clearly what brought them down.
>and Obama wasn't THAT powerful

>>133816297
That's a very reductionist view of a much more complex and conditional struggle.
On the other hand, I think it's good right-winged retards such as yourself keep such an infantilized perception, keep up the memes!

>>133816910
>such an infantilized perception
Kind of hard when the ideology in question is so infantile.

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>>133816910
Is that how pseudo intellectuals say "I have no argument to refute this simple statement"?
>kinda seems like it...

>>133817725
>EVERYONE WHO DISAGREES WITH THE STUPID STATEMENTS I MAKE IS A PSEUD

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>>133819114
If they don't give arguments to support their disagreement? Yeah seems pretty pseudo to me gomrade.