News for hackers. Stuff that matters.

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 hansjorg on Tuesday September 20, 2016 @03:51PM (#12542739)
High corruption and a very thin fabric of society. Before Chavez came to power an almost apartheid system, which was fine with the (small) elite and of course with the large majority of US commentators.

Over ambitious social programs, an owner-class hell bent on sabotaging and completely backed by the US. What do you do when it all starts to slide? Tighten the screw. When that doesn't work, tighten it again. Recipe for disaster.

[ Parent | on HN ]
Re:How Bad Off Is Oil-Rich Venezuela? It’s Buying U.S. Oil by wildmusings on Tuesday September 20, 2016 @03:55PM (#12542785)
There's no way you can pin this on anyone or anything but Chavez, his allies, and their policies. They've ruled Venezuela for 20 years and steered it from flawed prosperity to total ruin.
[ Parent | on HN ]
Re:How Bad Off Is Oil-Rich Venezuela? It’s Buying U.S. Oil by hansjorg on Tuesday September 20, 2016 @03:56PM (#12542795)
Why did Chavez come to power? Who was prosperous?
[ Parent | on HN ]
Re:How Bad Off Is Oil-Rich Venezuela? It’s Buying U.S. Oil by AnimalMuppet on Tuesday September 20, 2016 @05:01PM (#12543385)
Valid points (at least, they would be if you actually stated them). But:

> > an owner-class hell bent on sabotaging and completely backed by the US

reeks of conspiracy-theory paranoia, at least in the absence of actual evidence.

[ Parent | on HN ]