Beaten wife syndrome has hit the Russians en masse. Rather believing their leaders act in their best interest than admitting they are slaves
Chávez is a great example. Sitting on the world's biggest oil reserves and still the country goes bankrupt.
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To me this is says so much—the GINI coefficient became 187% better than that of the US. This despite record GDP growth.
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And how is Venezuela doing today?
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Not well. I blame the CIA for its relentless interference. But it will improve. Still better than pre Chavez.
End of conversation
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There is a remarkable graph from the World Bank that shows that under Chavez’s socialism poverty plummeted from 23% to 8.5%
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Chavez’s first decade in office saw Venezuelan GDP more than double and both infant mortality and unemployment almost halved.
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