(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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Replying to @simon_enefer @KEEMSTAR and
Well, SOMEBODY’s still employing that other 80%. I assumed it’d be foreign oil interests.
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Replying to @mediocre_danny @KEEMSTAR and
I don't think the figure for employment is correct. Venezuela has technical issues with its oil sector. Low capacity in its refineries and it needs to buy sweet crude to mix with it's own production and it had no hard currency to do this with.
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It may be a few years out of date— the newest figure on Wikipedia is from 2014, and actually puts the private sector at just 71% of employment. https://en.wikipedia.org/wiki/List_of_countries_by_public_sector … Though that was already after the Chavez administration had ended.
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