So you admit it's entrepreneurial? Why is famine in so common in countries without propery rights and rule of law and unknown in countries where such they exist? Zimbabwe went from a food exporter to famine as the white farmers were killed or fled as there farms were seized.
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Replying to @simon_enefer @KEEMSTAR and
(1/2) I admit starting a business is “entrepreneurial,” yes, that’s the definition. No famine has ever been the result of too few people starting small businesses.
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Replying to @mediocre_danny @simon_enefer and
(2/3) Famine’s common all over the planet. It normally is the result of drought or pestilence. Twice in history, it also resulted from horrible policies implemented in failed collectivization attempts— both failures were due in part to ecology.
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Replying to @mediocre_danny @KEEMSTAR and
Nonsense! Why have Venezuelans lost on average 30lbs? Mass dieting, bad weather or because the government has destroyed the economy. Have you ever meet anyone who has been their? I have and the stories are terrifying.
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Replying to @simon_enefer @KEEMSTAR and
“Why have Venezuelans lost on average 30lbs?” Frankly, I’d like to see the survey. I can’t find a primary source on that. Venezuela HAS gone through a market crash though, and they are having certain resources sadistically withheld from them.
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Replying to @mediocre_danny @KEEMSTAR and
What resources are being withheld from them? Their currency is worthless and even close allies - China and Russia - won't put more money into the country. Neighbouring countries are being overwhelmed by Venezuelan refugees. Peru closed its border last week.
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Replying to @simon_enefer @KEEMSTAR and
Off the top of my head, funds and toilet paper. American banks have frozen the funds of many Venezuelans as a “humanitarian” measure. P&G-type companies stopped selling them toilet paper (to foster unrest). Funny how they never ran out of napkins or towels, though!
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Replying to @mediocre_danny @KEEMSTAR and
Use the currency as toilet paper, it is cheaper! Companies don't like having there employees put at risk or being paid with worthless paper. The government has made every mistake in the book, from property seizures to price controls.
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Replying to @simon_enefer @KEEMSTAR and
Uh, so if their currency is worthless, and their companies don’t like paying employees with it, why are they almost all still in business and paying their employees with Venezuelan currency?
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Replying to @mediocre_danny @KEEMSTAR and
Most foreign companies have gone. The last figures I saw expected a 5-10% decline in the economy this year. But would you work if pay if a days labour wouldn't even buy you enough to eat?
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Well, SOMEBODY’s still employing that other 80%. I assumed it’d be foreign oil interests.
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