SassyIrishLass
Diamond Member
- Mar 31, 2009
- 96,081
- 73,560
It is simple economics
What in a capitalist based economic model would have prevented an economic meltdown in Venezuela
What would capitalists have done when faced with millions of starving people ?
Dumbass what model created the million starving people? It sure wasn't capitalism.
Cripes you're stupid
Venezuela’s economy was based entirely on oil. While oil boomed their economy boomed, when it collapsed the economy failed
What would capitalists have done differently when the oil economy collapsed?
How would capitalists have helped the resulting millions of starving people?
There is a reason Venezuela's oil output collapsed and won't recover anytime soon.
Research it and you should feel stupid if you find the right answer. Hint...think state owned.