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A comment on How Bad Off Is Oil-Rich Venezuela? It’s Buying U.S. Oil. Parent comment

Re:How Bad Off Is Oil-Rich Venezuela? It’s Buying U.S. Oil by legulere on Tuesday September 20, 2016 @03:39PM (#12542630)
In Germany the publicly owned savings banks (Sparkasse) and credit unions (Volks-, Raffeisen- and Spardabanks) weren't affected by the financial crisis, only the large private banks were. Does that mean we should declare private banks as a failed system?
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Re:How Bad Off Is Oil-Rich Venezuela? It’s Buying U.S. Oil by jessaustin on Tuesday September 20, 2016 @03:48PM (#12542711)
Yes? If what we've seen from the banks is success, one would hate to witness failure.
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Re:How Bad Off Is Oil-Rich Venezuela? It’s Buying U.S. Oil by marknutter on Tuesday September 20, 2016 @03:49PM (#12542721)
Germany wasn't being propped up by a single resource that was seized by the state. They are far more reliant on a capitalist system than Venezuela ever was during Chavez' reign. The comparison is absolutely silly.
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Re:How Bad Off Is Oil-Rich Venezuela? It’s Buying U.S. Oil by ZoeZoeBee on Tuesday September 20, 2016 @03:56PM (#12542796)
The Large Banks are a failed system, evidenced by when they failed and were bailed out and the illegal practices of HSBC, Wells Fargo, Deutsche Bank, JPMC, Goldman etc
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