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Theoretical socialism
Comments
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Holy shit Hondo. Corruption is an characteristic of a command economy.2001400ex said:
Simple minds.... Read up on corruption costs in Venezuela.WestlinnDuck said:
Well, when Chavez was elected president of Venezuela in 1998 oil was about $12 a barrel and Venezuela was one of the more prosperous countries’ in South America. Now with oil selling at nearly four times that, Venezuela is an economic basket case with a collapsing nationalized oil industry. The miracle of socialism. Nice attempt at making shit up and deflecting the real reason for the economic collapse. -
What caused the Venezuelan government to increase it's borrowing and spending? Just because you make $15,000 a month doesn't require that you go out and spend $20,000 a month putting the extra $5K on a credit card.greenblood said:
You used to make $15,000/month and had $10,000/month in essential expenses. Now you make $5,000/month but have $12,000/month in essential expenses. That's what's going on in Venezuela. Yes they should have diversified their economy. Kuwait, Bahrain, and Qatar did years ago, before the price of oil collapsed. It's too late for Venezuela to diversify. Diversifying takes capital, and Venezuela doesn't have any, and because of US sanctions, their ability to get financing is damn near impossible. The only financing they can get is from Russia and China with horrible terms, and who get paid back in oil. Problem being, this oil production eats up any domestic product they receive because instead of selling it, it's being used to pay interest.SFGbob said:
Yes they are diversified now, they weren’t always so. There was nothing stopping Venezuela from diversifying their economy.greenblood said:
you might want to research Bahrain's and Qatar's oil production. It isn't much.SFGbob said:
So then Kuwait, Bahrain and Qatar should all be economic basket cases like Venezuela.2001400ex said:
Someone gets it.greenblood said:Venezuela is what you get when 95% of your country's economy is reliant on a single resource.
Kuwait is also much more diversified than you think.
The fact that Venezuela got so much of their income from oil doesn’t explain why they are a shithole today.
The only way Venezuela can be fixed is with a regime change, and the forgiveness of some past debt. Their oil industry will then become foreign owned, and that would force them to diversify, because their cash cow oil industry wouldn't belong to them anymore. The one problem with this is that many countries still wouldn't be go with this, because Venezuela has had prior history of nationalizing and seizing foreign companies. It would have to be tightly controlled.
But yes, Socialism sucks. Socialism is what prevented Venezuela from cutting spending when times got tough. I think they'd still be screwed, but I think the fall would have been much much slower.
Socialism is what caused the explosion of borrowing and spending to begin with. -
After everyone in China has had who knows how many family members murdered or starved to death by the government they are pretty compliant.2001400ex said:
Most of the ownership of business in China is owned by the government and they sure are doing fine with economic growth. HTHSledog said:
Oil failed because Venezuela being socialist seized the oil industry. They didn't know how to run it. Why would the people that do stay? This happens in every socialist takeover. History much?2001400ex said:
Why did I know you'd go to Medicare. STFU and stay on task. Yes I misspoke on Medicare and it is what it is. There is still a trust fund for part A, so what I said was partially correct, but I forgot about part D which was unfunded.SFGbob said:
Fuck you and you "do your research" you fucking moron, I bury you ignorant ass here every fucking day and after I've exposed you for the dumbfuck you are you run and hide like a fucking Kunt.2001400ex said:
Other people not so much. Do some research man. Stay off Fox news and talk radio. There's a wealth of information at your fingertips.SFGbob said:
Socialism is the issue in Venezuela.2001400ex said:
So you don't want to address the question in this thread? I mean you talked about free medical and free college. Neither of which has to do with the issues in Venezuela.SFGbob said:
I did address it. A fucking moron who claims that Medicare doesn't add to our deficit has no business telling anyone else they need to educate themselves. It's like listening to marriage counseling from Scott Peterson.2001400ex said:
I see you won't address the question either. Stop being a pussy and just screaming Venezuela like your news source does.SFGbob said:
Yeah "learn" from Hondo the same fucking moron who claims Medicare doesn't add to our deficit and that we only allow 60K a year of legal immigrants into this country each year.2001400ex said:
That's not what I said. I asked what politician is advocating the same policies that took Venezuelan down. I'd stay off Fox news and talk radio and actually learn about the issues in Venezuela.WestlinnDuck said:Free college isn't free shit? Free health care isn't free shit? Free housing isn't free shit? Free food isn't free shit?
In fact, big bad China that Trump is trying to keep from passing our economy is actually full communist. Why are you so worried about them, shouldn't their communism take them down any day?
Take a look at that thread where you put your head up your ass and claimed Medicare doesn't add to our deficit.
Simply being heavily reliant on oil isn't what destroyed the Venezuela economy. Massive government borrowing and spending to pay for their Socialist utopia is what destroyed them. No Socialism, and Venezuela is just fine.
That being said, I educated myself and understand thar issue. You still don't have a clue on Venezuela. You just hear what your news source says, think it applies to America, and rail on about it without actually educating yourself.
The core issue with Venezuela was spending more than they take in and not having and further credit when oil fell and spending didn't. Then it started the cycle. Then you try to apply free college and medical and compare it to Venezuela. Here's a new flash for you, we have a deficit spending problem in America too. Another shocker, the people you voted for and suck their balls increased the deficit the last two years in a period with an economic expansion, when the deficit should be shrinking. That's what you should be railing on, not comparing us to Venezuela when you have no fucking clue what you are talking about.
Also far poorer than Venezuelans prior to socialism. They get a very small benefit from their forced labor but cracks are beginning to show with some of that wealth.
They shoot you in the head if you don't do what they say and send the bill for the bullet to your family! Fuck you are dumb! -
If you read it to the end you’d see I said that.SFGbob said:
What caused the Venezuelan government to increase it's borrowing and spending? Just because you make $15,000 a month doesn't require that you go out and spend $20,000 a month putting the extra $5K on a credit card.greenblood said:
You used to make $15,000/month and had $10,000/month in essential expenses. Now you make $5,000/month but have $12,000/month in essential expenses. That's what's going on in Venezuela. Yes they should have diversified their economy. Kuwait, Bahrain, and Qatar did years ago, before the price of oil collapsed. It's too late for Venezuela to diversify. Diversifying takes capital, and Venezuela doesn't have any, and because of US sanctions, their ability to get financing is damn near impossible. The only financing they can get is from Russia and China with horrible terms, and who get paid back in oil. Problem being, this oil production eats up any domestic product they receive because instead of selling it, it's being used to pay interest.SFGbob said:
Yes they are diversified now, they weren’t always so. There was nothing stopping Venezuela from diversifying their economy.greenblood said:
you might want to research Bahrain's and Qatar's oil production. It isn't much.SFGbob said:
So then Kuwait, Bahrain and Qatar should all be economic basket cases like Venezuela.2001400ex said:
Someone gets it.greenblood said:Venezuela is what you get when 95% of your country's economy is reliant on a single resource.
Kuwait is also much more diversified than you think.
The fact that Venezuela got so much of their income from oil doesn’t explain why they are a shithole today.
The only way Venezuela can be fixed is with a regime change, and the forgiveness of some past debt. Their oil industry will then become foreign owned, and that would force them to diversify, because their cash cow oil industry wouldn't belong to them anymore. The one problem with this is that many countries still wouldn't be go with this, because Venezuela has had prior history of nationalizing and seizing foreign companies. It would have to be tightly controlled.
But yes, Socialism sucks. Socialism is what prevented Venezuela from cutting spending when times got tough. I think they'd still be screwed, but I think the fall would have been much much slower.
Socialism is what caused the explosion of borrowing and spending to begin with. -
Instead of having to invest in R&D, you can steal it.2001400ex said:
Ok. That number is probably high but fine I'm take it. Explain how that is the driving factor in the huge growth in China.greenblood said:
Yes about 1%. I was wrong with the $14 billion figure. I heard the $14B on CNBC, but they may have been using a specific month figure. I don’t know why so wide a variance but it’s between $225 billion and $600 billion annually. So yes 1% is about right.2001400ex said:
Wut? The entire GDP of China is $1.4 trillion?greenblood said:
Intellectual theft of US property alone amounts to about 1% of their GDP.2001400ex said:
Cool.. What's that as a percent of their GDP?greenblood said:
$14 billion annually from the US. Everybody else... who the hell knows2001400ex said:
Sounds like you know. You want to provide the answer?greenblood said:
True...but how much growth is because of intellectual theft?2001400ex said:
Most of the ownership of business in China is owned by the government and they sure are doing fine with economic growth. HTHSledog said:
Oil failed because Venezuela being socialist seized the oil industry. They didn't know how to run it. Why would the people that do stay? This happens in every socialist takeover. History much?2001400ex said:
Why did I know you'd go to Medicare. STFU and stay on task. Yes I misspoke on Medicare and it is what it is. There is still a trust fund for part A, so what I said was partially correct, but I forgot about part D which was unfunded.SFGbob said:
Fuck you and you "do your research" you fucking moron, I bury you ignorant ass here every fucking day and after I've exposed you for the dumbfuck you are you run and hide like a fucking Kunt.2001400ex said:
Other people not so much. Do some research man. Stay off Fox news and talk radio. There's a wealth of information at your fingertips.SFGbob said:
Socialism is the issue in Venezuela.2001400ex said:
So you don't want to address the question in this thread? I mean you talked about free medical and free college. Neither of which has to do with the issues in Venezuela.SFGbob said:
I did address it. A fucking moron who claims that Medicare doesn't add to our deficit has no business telling anyone else they need to educate themselves. It's like listening to marriage counseling from Scott Peterson.2001400ex said:
I see you won't address the question either. Stop being a pussy and just screaming Venezuela like your news source does.SFGbob said:
Yeah "learn" from Hondo the same fucking moron who claims Medicare doesn't add to our deficit and that we only allow 60K a year of legal immigrants into this country each year.2001400ex said:
That's not what I said. I asked what politician is advocating the same policies that took Venezuelan down. I'd stay off Fox news and talk radio and actually learn about the issues in Venezuela.WestlinnDuck said:Free college isn't free shit? Free health care isn't free shit? Free housing isn't free shit? Free food isn't free shit?
In fact, big bad China that Trump is trying to keep from passing our economy is actually full communist. Why are you so worried about them, shouldn't their communism take them down any day?
Take a look at that thread where you put your head up your ass and claimed Medicare doesn't add to our deficit.
Simply being heavily reliant on oil isn't what destroyed the Venezuela economy. Massive government borrowing and spending to pay for their Socialist utopia is what destroyed them. No Socialism, and Venezuela is just fine.
That being said, I educated myself and understand thar issue. You still don't have a clue on Venezuela. You just hear what your news source says, think it applies to America, and rail on about it without actually educating yourself.
The core issue with Venezuela was spending more than they take in and not having and further credit when oil fell and spending didn't. Then it started the cycle. Then you try to apply free college and medical and compare it to Venezuela. Here's a new flash for you, we have a deficit spending problem in America too. Another shocker, the people you voted for and suck their balls increased the deficit the last two years in a period with an economic expansion, when the deficit should be shrinking. That's what you should be railing on, not comparing us to Venezuela when you have no fucking clue what you are talking about.
https://money.cnn.com/2018/03/23/technology/china-us-trump-tariffs-ip-theft/index.html
Again, that is the US by itself. I can’t find figures on other developed countries like Japan, UK, Germany, etc. All of which signed on to the complaint yesterday. -
Hot socialist paradise chicks for sale cheap!
https://www.foxnews.com/world/venezuelan-women-sell-hair-sex-and-breast-milk-to-survive-as-country-crumbles
Socialism is awesome! -
Yeah but that’s not REAL socialism like they have in Norway!Sledog said:Hot socialist paradise chicks for sale cheap!
https://www.foxnews.com/world/venezuelan-women-sell-hair-sex-and-breast-milk-to-survive-as-country-crumbles
Socialism is awesome!
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MikeDamone said:
Yeah but that’s not REAL socialism like they have in Norway!Sledog said:Hot socialist paradise chicks for sale cheap!
https://www.foxnews.com/world/venezuelan-women-sell-hair-sex-and-breast-milk-to-survive-as-country-crumbles
Socialism is awesome!
The Throbber endorses the brand of Norwegian socialism that produces smoking hot women.
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Very very interesting argument.PurpleThrobber said:MikeDamone said:
Yeah but that’s not REAL socialism like they have in Norway!Sledog said:Hot socialist paradise chicks for sale cheap!
https://www.foxnews.com/world/venezuelan-women-sell-hair-sex-and-breast-milk-to-survive-as-country-crumbles
Socialism is awesome!
The Throbber endorses the brand of Norwegian socialism that produces smoking hot women.
Brb need to think it over -
No. That's not my idea. You said it's my idea. But it's not my idea.RaceBannon said:Hondo is creep's idea of a kid with a well rounded education
Dumb as a fucking rock anti Semite communist apologist
