/biz/ - Business & Finance

>>10900915
A mirad of reasons;
>context history
>political idiocy
>geography
>demographics

>>10900938
What do you mean demographics

>>10900971
spics

I am Venezuelan and years ago I invested and mined Bolivarcoin, now I'm a Bolivarcoin millionaire, I can't complain , I can buy toilet paper and meat, while I see many people eating from the rubbish, I'm lucky and smart at the same time, I think we deserve this communism, I'm moving to Argentina next month, can't wait to leave this shithole

>>10900980
Go back to /pol/

>>10900915
I think the president spend all their money on lavish parties. At some point the treasury is empty and down the shitter it goes

>>10901168
B but the Argentine economy is literally collapsing right this moment.

Comunism the leaders always exit scam on the people
Theyblive like kings while the population starves

>>10900915
socialism and drop of oil prices together

>>10900915
Joys of socialism

Promise poor people free stuff, the political elite steal everything. Everyone ends up broke

>>10901252
then he has to move on after mining some argentcoin

>>10900915
For decades they relied solely on their oil, so they imported everything and didn't build anything for themselves. Then the oil price went down and thus they don't have the money to important everything anymore. Now they are poor af

>>10901275
You and I both know this is just a shithole country with a corrupt government has nothing to do with socialism. Next thing you gonna tell me North korea is a democracy because its in the name.

>>10900915
Because they're commies, they hired everyone for the national oil company. Now they have double the people to do half the work. It was fine as long as oil pricw was sky high, but when it dropped they easily became unprofitable. Now a lot of people are employed by the state and in order to keep paying wages they have to keep printing currency.

US capitalism is to blame...socialism otherwise would work well there

>>10901325
this but unironically but only partially because the venezuelan government really is retarded and corrupt, though not as corrupt as burgers think they are. it's mostly incompetence and being targeted by a long lasting trade war and psyop war by the US.

>>10901325
This is the real reason why

Buy Petro

Maga

>>10900980
Unironically this. Spics have extremely low IQ

>>10901223
I want to know what coins you snowflake faggots are holding. My bets are on LTC, NEO and TRX you fucking cuck.

>>10901369
THE FUCK are you talking about

Literally EVERY single interaction with a government employee involves a necessary bribe just to get the to actually DO their job!

Ever actually try getting a passport, or a passport changed?

Fuckwit!

>>10900915
Socialism first and low IQ population second. The smart ones that weren't plundering in the gov left the country years ago.

>>10901168
How fucked up is the situation over there?

SOCIALISM. Soon coming to a western nation near you!~

Resource curse, look it up.

>>10900915
Socialism

>>10901280

>>10901223
Awww, is plebbit upset their socialistic dreams always turn into disaster?

left wing

communism

>>10901875
It's burgers fault

South America is the greatest continent in the world

They hold 7 miss universe titles

Be thankful you ugly fkn piece of Armenian african burger

Just look at KARDASHIANS and their offspring

Yes burgers are better

>>10901223
He's right. Spics tend to be politically retarded.

>>10901317
Socialism itself is a corrupt ideology, there is no such thing as an incorruptible socialist government

Socialism, petrol based economy, non-whites, and American interference. I think that covers it.

>>10901223
>back to pol

Stfu, pol autist are always welcome here

Basically making oil their sole export product. When the oil price drops they get JUSTed

>>10901904
IQ has little to do, otherwise Chile would be in rubble still

>>10903000
No they fucking aren't, go back faggot. We don't want your kind.

>>10902245
Yes yes blame it on the fact that you lost a customer ten years ago.

Socialists blaming their own customers! Go figure!

Your business methods sucked so here you are and it's your neighbors fault for not buying your inferior product.

Maybe if you had more to offer, like more the saudis and our own oil reserves combined then you'd still be in business.

Maybe you should have considered building an infrastructure on anything besides oil reserves?

Maybe there should be blood in your streets instead of oil?

But yea, usa did it and whatever.

Fuckwit.

>>10903044
>we

>>10900915
>land of monkeys
>led by a chimpanzee
Gee I wonder how

>>10903044
>unironically thinking that crypto isn't a right wing psyop
Stupid faggot. Based Satoshi (Szabo) is redpilled as fuck.

>>10902969
There is no such thing as an incorruptible government either.
Socialists surely are worse since it's nothing but a scam for votes, though.

>>10900915
be hispanic

they are not a sell out to the US like the fucking saudis therefore they are sanctioned from doing business with most countries hence bad economy

>>10900980
Spic here. Can confirm most normie spics are dumb. Autistic spics are somewhat better but not nearly enough to make it better

>>10903515
with 7 titles of MISS UNIVERSE

>>10904090
ok so your country is good for prostitution. amazing.

>>10905011
women arent the only things we make well, men too which is the main reason white manlets are dying off to brown latin lovers. sucks to suck.

>>10905051
being insecure sucks, doesn't it?

>>10903042
Big difference is that dumb chileans don't pretend they are smart and let the High IQ individuals calling the shots. Unlike all the other Southamerican dictatorships during the cold war in Chile the military asked the CEOs and entrepreneurs what where the conditions needed to upgrade the countrys infrastructure and maximize profits, and they did exactly that. Meanwhile in the rest of South America dumb dictators squandered the public money on stupid things without thinking about the economy.

1) over a decade of economic blockades / sanctions actively attempting to destabilize their economy and destroy their currency
2) multiple regime change attempts by the US (so that they can hand over oil reserves to american corporations) leads venezuela to resemble a police state - even worse than the US police state

>>10900915
US involvement.
USA does not benefit from left wing, independent or strong Latin American Countries.

>>10900915
several reasons. the biggest reason is communism however. chile and columbia do much better since they are more capitalistic.

>>10901223
National IQ is a determining factor in national wealth.

>>10905309
Chicago Boys, baybeeeee~

>>10905309
Yeah, and during the Pinochet's reign more than half of the populace tanked into poverty, economic growth didn't last and soon the economy was in recession
It wasn't until he was deposed and leftists-centrists took over that Chile grew

>>10901223
This is bait

hispanics are mostly terrible at self-governance

Their oil is shit quality.

What you people don't understand is that in cases like Venezuela and Argentina is not that they don't know what they're doing, the government just has to support like 50% of the population that don't do shit and receive a government check every month, and the only way the government can pay for that is by printing loads of money.

They really don't have much of a choice, because if the checks stop coming the chimping out would be so big the whole government would collapse.

>>10906068
No Latin American country has a welfare program as widespread and wide ranging as the US

>>10906068
so spics need to be smarter so they can produce more than cocoa leaves?

>>10905664
The US doesn't give a fuck if latin america is left wing or not, the cold war ended 30 years ago retard.

>>10906152
Tell that to the millions poured in Venezuela through USAID

>>10906090
Venezuela has more than double the percentage of public employees than the US, and a much higher proportion of their population depends on the the government. Also latin americans countries can't export inflation like the US does. Don't talk about shit you don't understand retard.

>>10906091
The US main export by far is colored papers, at least cocoa leaves are actually useful..

Hell no... Oil prices in the late 90's we're about 10-15$ per barrel and Venezuela worked quite Well

They just stole everything as good comunists.

>>10906283
>Venezuela has more than double the percentage of public employees than the US, and a much higher proportion of their population depends on the the government.
Public employment isn't welfare

>>10901317
KEK dickhead stop talking shit
https://panampost.com/sabrina-martin/2017/11/09/socialism-venezuelan-businesses-closed/
http://www.doingbusiness.org/rankings
https://www.internationalpropertyrightsindex.org/countries

>>10900915
Concerted effort of the world's banking system. We put sanctions on them like they are North Korea.

>>10906283
Oil workers are counted as government employees