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He is talking about a policy, not Chavez. The fact that lot of Chavez's policies were disastrous doesn't mean this one in particular was bad.
by js8 9y ago
He is talking about a policy, not Chavez. The fact that lot of Chavez's policies were disastrous doesn't mean this one in particular was bad.
- stun 9y agoThe disastrous policies. Could you name them?. Before he died, as afar as i know, Venezuela was getting on just fine. Whats disastrous is Maduro much like the one running the US. Both stupid
- rbanffy 9y agoIt's frequently pointed out Chávez didn't invest as much in modernizing PDVSA and production eventually fell. As oil prices crashed, the reduced production became a problem as it can't be expanded quickly enough without substantial investments. But this is what I heard from an analyst and we must consider some information loss because this is far from my core expertise.