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Oil is not too far from the all time highs, it's certainly much higher than when Chavez took over. Why isn't everything better? They killed basic market economi
by phyller 8y ago
Oil is not too far from the all time highs, it's certainly much higher than when Chavez took over. Why isn't everything better? They killed basic market economics, including (especially) in the oil industry. They made it so people are afraid to invest in business in Venezuela. They didn't want to admit that their policies were killing the economy, so they doubled down which just made it worse.