>Venezuela In Chaos After Maduro Announces Massive 95% Devaluation, New FX Rate Tied To Cryptocurrency Are these the last days of Maduro as we know it? Will the left finally learn that socialism fails regardless of the circumstances?
>As a result of the enacted actions, the new version of the bolivar will be pegged to the value of the state cryptocurrency, the etro, which according to Bloomberg amounts to a 95% devaluation of the official rate, and will trade in line with where the black market was; the government will also raise the minimum wage more than 3,000 percent, which works out to about $30 a month. >$30 a month Holy fuck shit is bad. Can you imagine living on $30 a month? This is fucking insanity. Imagine how cheap the whores are there. You can probably drop like couple of bucks and the entire Jow Forums and r9k will stop being incel boards just like that.
>mfw I know a guy who swears Venezuela is failing because of supply side economics
I’m not even trying to change his opinion on it anymore because he just ignores any evidence I post to the contrary and makes excuses for how it wasn’t real socialism. Those exact words.
I was right near Venezuela last year, and thought about popping over since I knew having hard currency would make me effectively a millionaire. But I was warned that the border guards would simply relieve me of all my cash on entry.
Sure. Don't you have Samsung TV or something else? My uncle has Hyundai.
Christopher Price
Maybe a joint US/RU venture, with a wall dividing the country.
Landon Nguyen
I can't wait to see the collapse of the whole thing. Of course it's never the real socialism. It's a solution, but if Trump does it then it will be horrible for his political capital because the left will never forget that and will blame Trump on ruining the socialist utopia. Sometimes you gotta let the ones who suffer to suffer before saving them. They need to ask for help instead of them offering you.
Mason Adams
Anything we touch is becoming shit. I wish we touched itself as few as possible.
Aaron Brown
>pegs paper fiat currency to electronic fiat currency
LMAO E L
It would be one thing if it was perhaps BTC that has some level of international acceptance but I dont think crypto traders have much interest in the etro if I am just going with my gut on this one
Brody Gonzalez
seriously, I am sick of seeing this piece of shit on pol
either he vacates, or he is vacated
Zachary Campbell
>anything we touch becomes shit Truth. It's very sad but it's fucking true.
Owen Lee
Well people invested in xrp so...
Eli Bennett
just nuke us already please, then nuke huezil and gaygentina
Are you retarded or a socialist? Tho that's redundant
Chase Green
Give one reason why any country should spend their resources and sacrifice their blood simply to do something which is exclusively a responsibility of the Venezuelan people, but you niggers won't do it because you're either too lazy or too scared to do anything about it
Joseph Sanders
>Will the left finally learn that socialism fails regardless of the circumstances? No, never. Not. Ever. It will always be somebody/something else's fault. Forever.
Either that or 'not real communism/not implemented correctly'.
Jordan Allen
I'll send you the materials to build a zip gun so you can kill yourself.
Asher Carter
Haitians are still worse, remember that.
Joshua Cruz
These filthy animals are coming to brazil, whoring themselves and stealing.
I hope Bolsonaro wins so we can invade Venezuela, kill maduro and take all their oil.
Kevin Jenkins
Everyone south of Texas is the same.
David Phillips
So does this mean we should start mining etro? or is that not possible? Even if it bombs horribly, may be a good idea
Dude, who cares what happens in Venezuela? Most of them are niggers and shitskins.
Carson Jackson
Reminder Maduro has done nothing wrong and simply inherited a shitty situation. If you hate muh socialism so much it's Chavez who took them down that path and went and died before the cows came home to roost
Adrian Gutierrez
Is venezuela weak enough for Honduras to invade yet? Or should she wait for an all out civil war?
Sebastian Diaz
This is such a Spanish post
Gabriel Rodriguez
I'm not familiar with your military forces but they have virtually no air force and I'm sure you'd get an immense portion of the country on your side should you invade. Go on, Honduras, make history!
Isaiah Murphy
Mexicans contibute a huge amount to America's economy and culture, and yet Americans don't want them. So why don't they just import all the Mexicans in America to Venezuela to help out their economy?
Adrian White
Déjà vu
Connor Wood
The problem is, high and middle class peopple have already escaped. I think it is very important for a country to have a group of "citizens"(businessmen, academics, educated people to some level) who won't allow the government go extreme right or left or pull out any shaganigans. The other group of people just live day to day, independently of race or place in the world
Lucas Parker
>Mexicans >help the economy Sure thing, Bruce Lee.
Hunter Murphy
At this rate they'll be poor enough even your country can buy them out. I'd expect the Chinese to do that first, though, for that South American oil.
I am betting on this fuckers death over two years and he has survived everything. Sooner or later he will run out of luck.
Oliver Barnes
>Expecting leftists to learn from their failings
Andrew Gomez
I would support clandestine U.S. intervention in Venezuela if it meant installing government that would allow future prosperity for their nation as well as being beneficial to America and in the interest of her people.
Dominic Bell
ask your parents what life was REALLY like in 90-94
then multiply that by 10
John Thomas
And then they will blame you next time shit happens. Don't you ever learn?
Christian Reed
>Honduras invading anything kek
Nicholas Ward
I'm tired of all of these third worlders complaining about their lives when they don't do shit to fix it themselves. If they put in even the least amount of effort to fix their situation I would be sympathetic to them but they don't even want to do that. Maybe that's why their countries are so fucked up.
Dominic Brooks
Aren't whoring and stealing the two primary careers in Brazil? What's the problem?
Grayson Myers
The US allowing immigration from these countries was a mistake. Not because I have anything against South Americans, but people that should be leading their country come here to clean toilets instead of taking responsibility for their society.
Colton Torres
Yes, but what does this mean for Runescape?
Adrian Hernandez
It means runescape should get it's own armed forces, invade Venezuela, claim some amount of territory and take it from there. Well, Canuck friend, your country is going to go brown/black faster than mine it seems, so you will get to the punchline of this joke in your life time.
Noah Walker
>yfw the Century Initiative Canada will be le 10% face soon Joao
Brayden Price
Venezuela was fucked long before. Going back to the 70s everyone saw the oil industry as a blank cheque. Venezuelans felt they were entitled to free gas and lavish government spending. Naturally this squeezed out the entirety of the productive economy outside of oil.
The Chavistas made things even worse, but it's simply a classic case of the resource trap operating in a corrupt state full of stupid short-sighted people.
Jayden Wright
Great, just a matter of time before our dumbfuck president starts shipping them here then
Count yourself lucky things didn't get so bad. Wasn't Uruguay part of the Chavez cub with Ecuador and Nicaragua? (the latter also currently undergoing strife)
