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Re: Venezuela

Posted: Wed Jul 04, 2018 10:08 pm
by peejay
Interesting parallel to our discussion here: https://www.bbc.co.uk/news/world-middle-east-44710012

Basically Iranians have been buying up gold coins since the US cancelled the nuclear deal...

Re: Venezuela

Posted: Mon Aug 20, 2018 4:31 pm
by hobo
BBC article
Venezuelan bolivar - what can it buy you?
https://www.bbc.co.uk/news/world-latin-america-45246409
:o

Re: Venezuela

Posted: Mon Aug 20, 2018 6:55 pm
by Deeps
hobo wrote: Mon Aug 20, 2018 4:31 pm BBC article
Venezuelan bolivar - what can it buy you?
https://www.bbc.co.uk/news/world-latin-america-45246409
:o
Ay Caramba !

Re: Venezuela

Posted: Mon Aug 20, 2018 7:13 pm
by peejay
I also looked at that, gob-smacked, this morning!

Thing is, I thought Venezuela's troubles started with the drop in oil prices hurting tax revenues? Now that it's getting back where it was (at least petrol prices are) surely it would offer some respite?

Re: Venezuela

Posted: Tue Aug 21, 2018 5:47 am
by jansman
Here is an article that explains it quite well.https://www.washingtonpost.com/news/won ... 765351e916

Re: Venezuela

Posted: Tue Aug 21, 2018 6:13 pm
by peejay
Ah, the old reliable chestnut of corruption, should have guessed...

Re: Venezuela

Posted: Tue Aug 21, 2018 7:08 pm
by jansman
I tried to find a political neutrality, but every site seems to say the same things about socialism.Mind you,corruption exi in all politr and religious systems.

Re: Venezuela

Posted: Tue Aug 21, 2018 7:22 pm
by Deeps
peejay wrote: Tue Aug 21, 2018 6:13 pm Ah, the old reliable chestnut of corruption, should have guessed...
Oh you're such a cynic. :lol:

Yeah, who'd have thunk it though, people really are a selfish and greedy bunch. Going off at a tangent but I'm sure Chavez invited Gaddafi to leave Libya and move to Venezuela to live in luxury with his billions but the arrogant git decided to stay and fight it out. That one ended up with the good guys winning (well the bad guy losing) although its looking like the bad guy will have his day in Syria.

Sorry for the negative waves peeps. :(

Image

Re: Venezuela

Posted: Tue Aug 21, 2018 8:32 pm
by peejay
It just saddens me that so many resource-rich countries that should have citizens living a good life (not even amazing life) get taken down by literally a handful of greedy b@st@rds :-(

Re: Venezuela

Posted: Tue Aug 21, 2018 8:40 pm
by Deeps
peejay wrote: Tue Aug 21, 2018 8:32 pm It just saddens me that so many resource-rich countries that should have citizens living a good life (not even amazing life) get taken down by literally a handful of greedy b@st@rds :-(
Totally agree, I'd make a really crap dictator, I don't need much and I certainly wouldn't be hanging on out of ego.