Posted on Sep 14, 2018
terence-corcoran-everyone-realizes-too-late-that-stephen-harper-was-right-about-venezuela
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Stephen Harper was the Prime Minister before the Trudeau took over. Some Economists working for Bernie Sanders were supporting Venezuela but now even they are baffled on how bad this Socialist failure state is now going down a rabbit hole. Now Venezuela is falling apart financially, Democratically and socially as a million people + flee the broke country and overwhelm their neighbors. Venezuela has a huge oil industry but they are still broke. Socialism and corruption, nationalization and no democracy often leads to disaster.
terence-corcoran-everyone-realizes-too-late-that-stephen-harper-was-right-about-venezuela
Posted from business.financialpost.com
Posted >1 y ago
Responses: 4
Posted >1 y ago
Often? Do we have a successful model of a 100% socialist state succeeding?
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LTC (Join to see)
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SSG (Join to see) Bernie Sanders and Orcasio-Cortez need to do their Socialism Homework before embracing a bad form of Governance.
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LTC John Shaw
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LTC (Join to see) - Norway is a capitalist country. Socialism is when the State owns all means of production. The Nordic countries have high tax rates compared to the US.
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LTC (Join to see)
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The beef stew slow cooker of disaster because this economic and social disaster has been speeding up like a snowball rolling downhill since 2015
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This is what happens when you run out of wealth to redistribute.
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