14 ms·
The Venezuelan government destroyed the economy. On top of that, the government is using military force to prevent foreign aid from entering the country. Sanct
by twblalock 8y ago
The Venezuelan government destroyed the economy. On top of that, the government is using military force to prevent foreign aid from entering the country.
Sanctions make things a little bit worse, and they make Maduro's claims that outside forces are to blame for Venezuela's problems seem more convincing. (Sanctions have the same propaganda effect in North Korea).
But in any case, it is pretty clear that the Venezuelan government's mismanagement of the economy has been the primary factor for almost 20 years: Chavez was first elected in 1999 and the problems began under his leadership.
- drb91 8y agoThe economy is predominantly private: it is the sanctions hurting the economy. I refuse to defend Maduro, but he is the peoples’ choice. Yes there are anti-Maduro rallies, but there are also pro-Maduro rallies the media conveniently ignores. Meanwhile, the idea that the US could help without putting someone right wing in place that happens to benefit the supply of fuel against the interests of the people of Venezuela like Guaidó is absurd. If you want to help the people of Venezuela, end sanctions. This is an economic siege and we are seeing the consequences.
- twblalock 8y agoThe economy was destroyed before the sanctions started.
- vixen99 8y agoHere's a different view: https://economics21.org/how-socialism-destroyed-venezuela https://economics21.org/how-socialism-destroyed-venezuela
- drb91 8y agoThat is blatantly from a capitalist think tank.
- gspetr 8y agoHe isn't. He assumed presidency in violation of the country's constitutional procedure. You should also read up on that election. IIRC, he was on the ballot 10 times or so out of 20-something options (a few also had the same person as a candidate, but none nearly as much as Maduro).