Yep, when stocks start going south, the first thing to do is lower wages/fire people and the second is heighten prices.
People shouldn’t be under the idea that problems in wall street mean the rich are becoming poor. It means the rich will be less rich and the poor will lose their jobs and suffer higher prices. The GFC was proof that wall street fucks up and the rest of the population finds out.
There were anti Trump republicans, some even voted to impeach him, but they’ve all been purged or are in the process of being purged. Because now the Republican party isn’t about an ideology as much as it is a messianic cult around Trump.
It’s unfortunate that he’s lived to be 95 and still hasn’t managed to swallow his ego and admit the Bosnian or Cambodian genocides happened. I guess the ideological blindness is just too strong.
Destroying the subsidies that the previous governments had has made inflation worse in the short term but should improve it in the long term. He says this and people believe it, so they’re powering through the bad times awaiting the better times. In a way he’s in his honeymoon period, and some people like him better because he’s actually following through his policies instead of being all talk.
The state shouldn’t be in the business of killing people.
As long as Venezuelans keep blaming the US for Venezuela’s problems instead of looking inward, especially to their own corrupt government, things won’t get better for them.
Using the US as an external enemy is great for holding onto power but it doesn’t improve people’s lives. Transparency, democracy and accountability improve people’s lives. These are things most of Europe have and Venezuela does not. Venezuela has vastly different policies from center-left European countries and I’d know because I live in one.
You don’t have to defend China or Cuba because I don’t want to attack them. I wish Venezuela would be like China or Cuba. At least my family wouldn’t go without power, starve or die needlessly.
Maduro has to go, and chavistas need to stop blaming everyone but the government for their problems. But I suspect even after everyone has left and only chavistas remain, they’ll still blame someone else. Don’t encourage them.
Removed by mod
But lower pension costs, and overall it saves money to allow people to smoke themselves to an early death. Even if you count the cost of their treatment, it’s cheaper than 20 extra years of pension payments. It’s a terrifying but sound economic policy.
You could learn this internet if you decided to.