Thread: Chavez moves on

Originally Posted by surasak

Nationalized oil is giving Venezuelans the cheapest gasoline on the planet. Resources should benefit the nation...not a small select cabal of industrialists.

Private or nationalised, Venezuelans won't need to dig deep into their pockets to fill up for quite a while to come.

As to the move towards unbridled socialism, like many big cheeses before that let their magnificense go to their heads, this might well be the blunder that brings him down.

Originally Posted by Whiteshiva

Originally Posted by keda

Originally Posted by surasak

Nationalized oil is giving Venezuelans the cheapest gasoline on the planet. Resources should benefit the nation...not a small select cabal of industrialists.

Private or nationalised, Venezuelans won't need to dig deep into their pockets to fill up for quite a while to come.

As to the move towards unbridled socialism, like many big cheeses before that let their magnificense go to their heads, this might well be the blunder that brings him down.

I am afraid you are right, but don't forget that some of the most succesful economies of the world are, at least in part, socialist or communist. There may perhaps be more than one way to achieve prosperity.

I would appreciate a better explanation of this statement. Better yet an example.

Oil prices went up after the election. Only a mild winter thus far in the NE USA has led to a decline in the past week.

Originally Posted by HermantheGerman

Originally Posted by Whiteshiva

Originally Posted by keda

Originally Posted by surasak

Nationalized oil is giving Venezuelans the cheapest gasoline on the planet. Resources should benefit the nation...not a small select cabal of industrialists.

Private or nationalised, Venezuelans won't need to dig deep into their pockets to fill up for quite a while to come.

As to the move towards unbridled socialism, like many big cheeses before that let their magnificense go to their heads, this might well be the blunder that brings him down.

I am afraid you are right, but don't forget that some of the most succesful economies of the world are, at least in part, socialist or communist. There may perhaps be more than one way to achieve prosperity.

I would appreciate a better explanation of this statement. Better yet an example.

China, Vietnam, Scandinavian countries. Is that good enough for you?

Originally Posted by Whiteshiva

Originally Posted by HermantheGerman

Originally Posted by Whiteshiva

Originally Posted by keda

Originally Posted by surasak

Nationalized oil is giving Venezuelans the cheapest gasoline on the planet. Resources should benefit the nation...not a small select cabal of industrialists.

Private or nationalised, Venezuelans won't need to dig deep into their pockets to fill up for quite a while to come.

As to the move towards unbridled socialism, like many big cheeses before that let their magnificense go to their heads, this might well be the blunder that brings him down.

I am afraid you are right, but don't forget that some of the most succesful economies of the world are, at least in part, socialist or communist. There may perhaps be more than one way to achieve prosperity.

I would appreciate a better explanation of this statement. Better yet an example.

China, Vietnam, Scandinavian countries. Is that good enough for you?

Not realy.
Scandinavian countries I believe are mostly social democrats not socialist or communist.
China and Vietnam you need to explain further. If you meant the highest growth "right now", you are right.