Socialism doesn't wo-

ahaha Capitalism doubles gdp every 30 years, this is barely doublimg in 50.

Fpbp

>It's debt is 50 percent of its GDP
Yeah they should try be more like USA, a 105 percent debt to gdp.

implying

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Look a kike publication pushing socialism. "Anti communism is antisemitism."

>Communist rag declares "Communism not responsible for problems in Communist countries"
I am shocked! Shocked I tell you!

>Bolivia
>Socialist

Also
>More of a kleptocracy than an actual socialist state.
Are they admitting socialism is kleptocracy and are saying Vuvuzuela is even more kleptocratic. Or are they just that fucking clueless.

God, Jow Forums posters are literal children. Fucking hell. Bloomberg is a neoliberal magazine through and through.

This would be epic

>Make us pay then faggot
(You) won't pussy

But unlike your shithole, USA is printing the world reserve currency.

Kike detected.
Who donates heavily to an anti gun propaganda campaign again?

>Bolivia is a better example
LMAO it's the shittiest country in the region. Bolivians emigrate anywhere they can.

>ackshully, this socialist country isn't actually socialist, but on an unrelated note, this capitalist country is actually socialist ::DDD

Commies need the noose.

The problem is that most people use "socialism" as a catch all term that can mean a variety of things. The socialized oil and gas industry in Bolivia, as an example, is more like the setup of Norway than Venezuela. Like Norway, Bolivia owns the oil itself and has a state oil company, however private oil companies still control the means of production. The state doesn't have a monopoly.
Here is an article about it
fee.org/articles/why-bolivia-is-not-a-socialist-success-story/

Bolivia is far less socialized than Venezuela and is also better managed. The Bolivia vs. Venezuela comparison is more of a signal to the left in the US that running up high deficits to pay for social programs isn't the answer.

>its not socialist because its corrupt
Lmao

Its like the fags who say people arent communist because they are stupid consumerist retards. Leftists ARE hypocrisy

first post best post socialism is illegal in the united states hell loving millennial

I forgot to add, Norway makes a lot of money through investments in the stock market. Bolivia, even after the Morales takeover, has a robust stock market, while in Venezuela, after Chavez took over, a lot of companies fled the market and it never recovered.

Not Bloomberg but enjoy, leftist "economist"

theguardian.com/commentisfree/2013/nov/07/venezuela-not-greece-latin-america-oil-poverty?fbclid=IwAR3YPUvUfk3nCqxDUkT5_Td9IyvvY54t594C_w5opcHIXBat-bwGSryvYnY

"Not likely. In the opposition's analysis Venezuela is caught in an inflation-devaluation spiral, where rising prices domestically undermine confidence in the economy and currency, causing capital flight and driving up the black market price of the dollar. This adds to inflation, as does – in their theory – money creation by the government. And its price controls, nationalisations and other interventions have caused more structural problems. Hyperinflation, rising foreign debt and a balance-of-payments crisis will mark the end of this economic experiment.

>But how can a government with more than $90bn in oil revenue end up with a balance-of-payments crisis? Well, the answer is: it can't, and won't"

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