What happened? How do you get from the world's largest oil reserves to -10% economic growth?
Seriously asking if any VZLAbros can explain what happens. Colombian gloating also welcome.
As they cannot sell oil abroad, they are burning domestically. CLMB is ok because they are still selling drugs and coffee to US.
>>56262713
>How do you get from the world's largest oil reserves to -10% economic growth?
Socialism
Chavez, Maduro, and Chavismo (which is basically socialism + SJW shit).
>Congolombian gloating welcome
They surrendered to FARC.
Socialism. Chavez destroyed the economy, and it only survived because the price of oio was fucking how. When the prices dropped the economy became shit
>>56262713
is pretty obvious nigga the oil price plummeted and their economy depends on it
typical heterodoxic macroeconomics. this is what happens when you intend a revolution over a capitalistic basis. it will always fail.
>>56264671
Farc is completely irrelevant, their power is only symbolic. after they disarm, they will fall into oblivion. some people are concerned about them not going to jail but most criminals in Colombia don't go to jail already, they receive other kinds of penalty.
>>56264862
half of Colombian exports are oil and we didn't fall into recession like them or the Equatorians.
>>56264862
Also, it hurts that Venezuela has never really produced its own food, and relied on other lat. american countries for a good chunk of its food production (mostly Uruguay and Argentina).
>>56264838
There's still toilet paper, just shortages of it, and it costs about $2 (12,7 bolivares). Water/food are whats in low supply, as well as medicine
This
gommunism
>>56262713
They want to bring that to spain
>>56265411
>Venezuela is now being headed by an illiterate former bus driver Congolombiano
It's all been downhill since the 70s, '92 was the killing blow, and '99 was the nail in the coffin.
>>56265813
he's 100% Chimpanzuelan despite of his mother being Colombian.
>>56265813
https://www.youtube.com/watch?v=qv5dAqSS0XU
They never developed their own industries, and had populist, incapable governments for decades
>tfw if these were the old imperial ages an American expeditionary force would have already invaded and colonized this country and we'd be making off like bandits right now from crazy oil production.
>>56265874
No, he's Congolombian.
http://www.elnuevoherald.com/noticias/mundo/america-latina/venezuela-es/article2031906.html
>>56265874
There's people who still pretend he's not colombian? Get over it already. Your country's image can't get any more ruined than it already is.
>>56265874
>Implying there is any difference between people from Ecuador, Venezuela and Colombia
same fuckwits
>>56265939
>Never developed their own industries
Venezuela was the most urbanized country in lat america for decades thanks to Marco Perez Jimenez.
What Venezuela never really developed is a proper way of producing food. Most of it was from other countries (Uruguay/Argentina, and I think Brazil), with the only exception being Polar (malta, beer, etc).
>>56265813
>registraduria
>>56265943
¿nació en Bogotá o en Cúcuta? decídete chimpanzolano.
todas esas teorías tienen tanto valor como las supuestas pruebas de que Hitler vive en Argentina.
>>56266023
>your country
>your
wat
>>56265939
they did. the venezuelan industrial park was huge.
>>56266115
Argentina and uruguay are very urbanized too. that's an advantage for the agroindustry, lots of empty land for the big companies.
>>56266115
urbanization =/= industrialization
>>56266352
>uruguay
>urban
>>56266572
uruguay is 96% urban :dunno:
>>56262713
Socialism happened.
Bernie Sanders: latino edition happened.
>>56262713
crazy little thing called
c o m m u n i s m
>>56262713
too busy blaming the cia and gommies
>>56267581
Based
>>56264838
>"Venezuela reaches the final stage of socialism: NO TOILET PAPER"
I just love that line. It's such an american-loaded, inflammatory headline and yet it just works.
>>56267581
>those two retarded bitches just dumbstruck by what was just said and how it doesn't correspond to their feelings
el bumpo
>>56262713
corruption
>>56262713
Economy is 90% oil.
Oil price falls 75% in one year
Why does economy decrease with all that oil??!?!?
>>56265017
>economy = exports
>>56268669
Then why is China's still growing at least 5%?
>>56262713
Bolivar happened
>>56268791
>comparing China to Venezuela
They are doing things right man socialism killed the country just like Sanders wants.
Venezuela got BTFO'd by Chavez and Maduro
it's more to do with Maduro's incompetence and corruption than socialism
>>56268908
While this is true, socialism = more government control = more power = greater risk for corruption.
>>56265017
just wait..
Also Ecuador is selling energy to us! wtf!?
>>56266623
>>56266572
Yes, our population is 95% urban, our country however is 95% empty grassland.
