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Thread: Venezuela on the path of recovery?

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  1. #1

    Default Re: Venezuela on the path of recovery?

    It is mix of a global recession and failing oil prices.

    Under 14 years of Chavez rule, Venezuelan GDP per capita went from roughly 4000$ to over 10000$ and extreme poverty fell from 24% to 8%.
    The dissonance here is profound.

    Violent crime in Venezuela is the most evident Chavez legacy.
    Vitiate Man.

    History repeats the old conceits
    The glib replies, the same defeats


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  2. #2
    Horse Archer Senior Member Sarmatian's Avatar
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    Default Re: Venezuela on the path of recovery?

    Quote Originally Posted by Montmorency View Post
    The dissonance here is profound.

    Violent crime in Venezuela is the most evident Chavez legacy.
    Why?

  3. #3

    Default Re: Venezuela on the path of recovery?

    'Chavez raised incomes/wealth and reduced poverty, only for it to be undone by the oil dip' is a narrative easily flipped on its head.
    Vitiate Man.

    History repeats the old conceits
    The glib replies, the same defeats


    Spoiler Alert, click show to read: 



  4. #4
    Horse Archer Senior Member Sarmatian's Avatar
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    Default Re: Venezuela on the path of recovery?

    Quote Originally Posted by Montmorency View Post
    'Chavez raised incomes/wealth and reduced poverty, only for it to be undone by the oil dip' is a narrative easily flipped on its head.
    How?

    By pointing out violent crimes?

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