Re:The Suicide of Venezuela
by rbanffy on Thursday April 28, 2016 @08:31PM
(#11592972)
The demise of Venezuela cannot be attributed to a single cause. Incompetent management of the economy, oil prices and relentless sabotage by internal economic interests (supported by external ones) all contributed to the current situation. And probably a hundred more causes could be found in less than an afternoon.
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Venezuela is highly polarized so it's very difficult to get a fair and balanced outlook of what's happening there. But it's impossible to deny the evidence of stubbornly incompetent and corrupt management of public finances.
Printing unlimited money, supporting cuban dictatorship with oil billions, digging deeper in social division and looting public treasure... you can believe in whatever society model you want, but persistence in error to the point of leading the country to misery is irresponsible.