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Posted on 5/24/16 at 8:10 am to tidalmouse
The problems is Venezuela didn't start when the oil prices tanked. It started when socialism was implemented there.
Posted on 5/24/16 at 8:12 am to Kujo
quote:They don't have property rights there. The govt can confiscate any property they want without compensation.
If you can, buy property there soon.
Posted on 5/24/16 at 8:13 am to Dan Bilzerian
quote:
A socialistic society in the US will end more like Venezuela, and nothing close to the country (Norway) that they always mention.
I agree that socialism has no place in America but I'm curious why you think it would be a Cuba/Venezuela outcome instead of a European outcome.
Most of the political leaders pushing for socialism in the US are highly educated ethnic Europeans whereas Venezuela was lead by under educated lower class revolutionaries.
Posted on 5/24/16 at 8:20 am to redstick13
I guess it Dollar General soda for them.
Posted on 5/24/16 at 8:24 am to Tigeralum2008
quote:
I agree that socialism has no place in America but I'm curious why you think it would be a Cuba/Venezuela outcome instead of a European outcome.
Florida. That's why.
Posted on 5/24/16 at 8:26 am to Tigeralum2008
quote:
under educated lower class revolutionaries.
We have a large portion of this that the European chaps don't have; at least before the refugees started rolling in.
Posted on 5/24/16 at 8:28 am to Kujo
One time too many.
Posted on 5/24/16 at 8:28 am to WeeWee
This could be the start of a new trend. The Venezuelan diet
Posted on 5/24/16 at 8:30 am to redstick13
quote:
It's a good place to buy gold from right now if you have the connections.
This seems far more dangerous than it is worth. 
Posted on 5/24/16 at 8:48 am to Dan Bilzerian
quote:
We have a large portion of this that the European chaps don't have; at least before the refugees started rolling in.
I see your point...
Posted on 5/24/16 at 8:51 am to redstick13
I'll sell them some Cokes via EBay.
Posted on 5/24/16 at 8:58 am to redstick13
quote:
They are a huge producer of oil with no buyers. The oil they produce is of poor quality.
There are plenty of buyers, I worked at a refinery which processed Venezuelan crude - refinery was equipped with a coker. The price for the low grade crude is adjusted downwards from west Texas intermediate.
Posted on 5/24/16 at 9:04 am to blueridgeTiger
quote:
west Texas intermediate.
Not a big seller these days either.
Posted on 5/24/16 at 9:08 am to redstick13
quote:
I agree that socialism has no place in America but I'm curious why you think it would be a Cuba/Venezuela outcome instead of a European outcome.
Florida. That's why.
Hold up. We have a heavily controlled republican house, senate and governor on the state level.
Posted on 5/24/16 at 9:12 am to Tigeralum2008
quote:The "outcome" in Europe is implosion through immigration, and we already have far more of that than they do.
I agree that socialism has no place in America but I'm curious why you think it would be a Cuba/Venezuela outcome instead of a European outcome.
Sweden is scheduled to become a third world country by 2030. Denmark's touted health care system is failing, and the rest of them have had to shut off benefits more than once.
It's all smiles and sunshine until the freeloaders start pouring in.
Posted on 5/24/16 at 9:13 am to Tigeralum2008
quote:
Most of the political leaders pushing for socialism in the US are highly educated ethnic Europeans whereas Venezuela was lead by under educated lower class revolutionaries.
This, and it's a distinguishing factor between reasonably successful socialist countries and the disasters.
Maduro rose to power through his revoluntionary zeal more than anything else. Before his political career he was a bus driver.
Posted on 5/24/16 at 9:17 am to blueboy
quote:
It's all smiles and sunshine until the freeloaders start pouring in.
which has already happened here in the states.
Posted on 5/24/16 at 9:23 am to redstick13
In laymen terms what is poor quality crude oil ?
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