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This is the typical "disease" of South and Central American democracy. Voters want to have a Northern European welfare state. And who could blame them? But t
by gozur88 10y ago
This is the typical "disease" of South and Central American democracy. Voters want to have a Northern European welfare state. And who could blame them? But they don't have the economy they need for a Northern European welfare state.
Eventually Maduro will be replaced in a coup, or there will be a communist revolution. After a few years the government will transition to (mostly) free market democracy again, and we'll see a repeat of the whole cycle.
- Randgalt 10y agoVenezuela has the largest oil reserves in the world and they still failed. That's a special kind of insanity.