Venezuela’s Oil Sector In Late 2013

When Bernie Sanders announced his candidacy, and called himself an admitted socialist, I thought to myself "oh my god, they want to turn America into Venezuela," and then I remember lower back in 2013 when Venezuela fell aside after so many errors via Hugo Chavez, their socialist President, turned quasi-dictator. Meanwhile, I found it thrilling that Democrats in our country stated Venezuela’s melt down did not have some thing to do with socialism, alternatively they stated it needed to do with poor management mistakes made by using the President there. Well, sure, however he did all of the matters socialist leaders do after they get into strength.

Now then back then in 2013 there has been an exciting article within the Seattle paper on Thanksgiving Day titled; "Venezuela secures mortgage from Russia’s Gazprom," reputedly one of those reprints from the Associated Press, which said; "Venezuela’s state-run oil organisation has secured $1 billion in financing from Russia’s Gazprom to assist the oil-structured economic system raise sagging output," and "some other loan for $1.2 billion from Spain’s Repsol need to be finalized next month. That could deliver to almost $10 billion the amount PDVSA has raised from its overseas oil partners this year."

What do I consider all that? Well, in case you inquire from me; does it make feel to mortgage cash to Venezuela? I say; no way, very silly, except the Russians want to capitalize and take over the platforms constructed through Conoco and other US oil corporations that Venezuela stole and nationalized and then misplaced 35% productiveness at a time while oil prices dropped. It’s all about dirty worldwide politics, cash, socialist greed, and oil isn’t always it? I would not loan money to Venezuela under any instances – nor Bolivia, nor Argentina, nor Ecuador for that count number.

These governments are known to comfy as much as the rest of the arena after which take. Reminds me of what Hitler did whilst he offered from the relaxation of the world, then established a forms to sting out the bills, then started out a warfare and every body failed to want to get concerned for worry of dropping price. Saddam did this too. Remember the French, Spanish and Russians failed to want the US to enter Baghdad, as they had been cheating the oil for ingredients program – the entirety is rotten in Venezuela – bad flow by Gazprom, they may be sorry in the long run.

Fast Forward to now, properly we see what occurred – now as we input 2017, Venezuela has terrible homicide rates, food traces that run out of food, hyper-inflation, destroyed economic system, humans ravenous, no citizen rights, forced labor – wow, it’s continually the equal story while socialism sooner or later has to pay the piper.

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