EPTwhat came first, chicken or egg? the venezuelan foreign exchange control f.ex. came in response to the 2003 oil-strike (economic repression too). i think you are simplifying a bit too much.
Venezuela - Mass Protests - Page 4
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nunez
Norway4003 Posts
what came first, chicken or egg? the venezuelan foreign exchange control f.ex. came in response to the 2003 oil-strike (economic repression too). i think you are simplifying a bit too much. | ||
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siri
Portugal129 Posts
On February 20 2014 23:12 KwarK wrote: Basically if your currency might not be worth the same today as it was yesterday then you don't want to use it as a means of exchange. The bolivars are unstable while assets keep their value so trading assets for bolivars is very risky which pushes you into bartering or hedging your money into assets. However people still want to buy and sell things because economy. So, what do you do if you want to buy a house but the seller won't accept bolivars because they're unstable? You give him dollars. When a nation loses faith in the stability of their own currency individual citizens choose to use a more stable means of exchange, most often the dollar. Venezuelans know that a dollar today will be pretty much the same as it was yesterday because it's backed up by the US gov. The Venezuelan gov don't like this because it allows people to bypass their price fixing and devalues their own issued currency reducing their control over the national economy so they try to make it illegal and seize the dollars, as in the news article you linked. It's nothing more than economic repression to protect themselves from their own mistakes, forcing the average Venezuelan (although $100 suggests they were going to someone not average) to suffer inflation and the collapse of the market rather than opting out. This is very truth. Last year you could trade 1 dollar for 10 bolivars in black market. Now its up to >90. People either have to increase prices to even have profit, close, or just sell in dollars. So people just stop importing. And with the so many expropriations fucking it up the country production, theres a huje supply deficit. You enter a supermarket and half shelfs are empty http://cnnespanol.cnn.com/2014/02/19/113810/ Great, another neo-nazi funded by the western goverments killed. Oh wait | ||
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nunez
Norway4003 Posts
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samurai80
Japan4225 Posts
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JonnyBNoHo
United States6277 Posts
On February 20 2014 22:39 nunez wrote: a view well aligned with modern history. good 'ol empire dollaz making latin american economies scream once more. you gotta be pretty naive to think it does not happen with us backing. really makes you wonder what is being shipped the other way... ooold news, but relevant There's an official and a black market exchange rate for dollars. If you have government connections you can get dollars at the official exchange rate and then re-sell on the black market for big money. Or, if you can smuggle some in, you can make a lot too. Venezuela could simply re-adjust its exchange rate with dollars, but it's too desperate to keep inflation in check. They're stooping to really, really derpy things like forcing appliance stores to sell things cheaper. | ||
Myles
United States5162 Posts
On February 21 2014 01:40 samurai80 wrote: I am surprised that there is a thread about Venezuela mass protests and nothing about the civil war starting in Ukraine. Especially considering the amount of Ukraine players in the Starcraft community. http://www.teamliquid.net/forum/viewmessage.php?topic_id=437184 It's (was) directly under this thread. | ||
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samurai80
Japan4225 Posts
On February 21 2014 01:46 Myles wrote: http://www.teamliquid.net/forum/viewmessage.php?topic_id=437184 It's (was) directly under this thread. Sorry my bad. I did not know what "Euromaidan" meant. | ||
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funkie
Venezuela9374 Posts
1. The protests have gone a bit violent. Colectivos, the pro-government groups with guns, are attacking each and everyone of out protests, even thought we are protesting in a pacific manner. They, however, don't care and start shooting tear gas and crowd control ammo at us. 2. Some pictures from protests >> http://www.buzzfeed.com/conzpreti/29-heartbreaking-images-from-the-protests-in-venezuela?bftw 3. For the last couple of days, the government goes on national television to inform about new laws and whatnot, and those announcements go hand in hand with the unlawful groups attacking people. Yesterday the report was that they were also shooting tear gas and ammo at the apartment buildings around Altamira, El panteon and La Candelaria. 2 protesters were shot yesterday, and they're both recorded on video. (I'll post them at the end of this). 4. Maduro has started a procedure to kick out CNNEE (CNN en Español) from the country. This procedure was conducted a few days ago to the Colombian-based NTN24. This raises more concern about the freedom of speech in the country overall. 5. In Tachira state, some warfare machinery has been out on the streets as of yesterday, also Internet and phone lines have been dead since around 8pm yesterday, with no sign of coming back. Some parts of said state are without electricity too. Some F16 or planes of that sort have been flying around Tachira too, throughout the day. Some videos in the spoiler. I'll try to keep you guys posted. + Show Spoiler + | ||
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Shiragaku
Hong Kong4308 Posts
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nunez
Norway4003 Posts
President Maduro repeated his stance tonight that armed opposition groups, armed pro-government groups, and state security forces that fire weapons during protests will not be tolerated. “I won’t protect anyone in this country who fires during protests,” he said. sourceten deaths so far according to this article. | ||
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ShoCkeyy
7815 Posts
Good video (montage) showcasing what's going on. | ||
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nunez
Norway4003 Posts
Rise of the Student Opposition sourceIn 2008, the US-based Cato Institute awarded the US$500,000 Milton Friedman Prize for Advancing Liberty to student leader Yon Goicoechea for his role in mobilising protests against the suspension of private broadcaster RCTV’s licence. At the same time, a sizeable amount of the US$45 million in funding provided annually by US institutions to Venezuelan opposition groups was channelled to ‘youth outreach’ programmes. | ||
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siri
Portugal129 Posts
Bad article as it implies that any help to take maduro out of power is bad. Also 99% sure the writer has never being to venezuela (vacations dont count) and know anything about the country. I rofl to her saying the private sector was holding back food on warehouses to create "artificial" shortages xD Reminds me when maduro was blaming the "private sector" for the shortages of harina Pan. Things is, maduro is not chavez, and the "private sector" responded + Show Spoiler + http://www.youtube.com/watch?v=TFlJc0uGu5I She obviously doesnt know the reason for the huge supply shortage, just some random "Dr" from hungary babling about something she has no ideia off. We go from neo-nazis funded protestants, to students (funded obviously right). Will the next step be actually admitting that there is a huge chunk of the population that wants the government out? :D | ||
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siri
Portugal129 Posts
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nunez
Norway4003 Posts
On February 25 2014 06:12 siri wrote: Bad article as it implies that any help to take maduro out of power is bad. Also 99% sure the writer has never being to venezuela (vacations dont count) and know anything about the country. I rofl to her saying the private sector was holding back food on warehouses to create "artificial" shortages xD Reminds me when maduro was blaming the "private sector" for the shortages of harina Pan. Things is, maduro is not chavez, and the "private sector" responded + Show Spoiler + http://www.youtube.com/watch?v=TFlJc0uGu5I She obviously doesnt know the reason for the huge supply shortage, just some random "Dr" from hungary babling about something she has no ideia off. We go from neo-nazis funded protestants, to students (funded obviously right). Will the next step be actually admitting that there is a huge chunk of the population that wants the government out? :D Julia Buxton is a specialist on South America and the region's rapidly evolving political, economic and security architecture. She is an expert on Venezuela, receiving her PhD from the London School of Economics, where she also studied for her MA (Distinction) in Comparative Politics. sourceyou lose | ||
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zlefin
United States7689 Posts
 Certainly the effects of funding sources on the motives of an organization are going to have some effects that may be unfortunate, and sloppy reporting is a problem. | ||
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GoTuNk!
Chile4591 Posts
Anyone who claims shortage of goods is the result of hoarding by the private sector is disconected from reality and denies the most basics principles of economy. This is no different from finance nobel's lauret (equivalent, it has another name) claiming there was no risk in the financial sector because their models proved it before the 2008 crisis. (Merton and a huge portion of the academy) | ||
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nunez
Norway4003 Posts
jesus fucking christ. | ||
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siri
Portugal129 Posts
On February 25 2014 10:01 nunez wrote: well... it's a really good thing the author of the article doesn't claim that shortage of goods is a result of hoarding then. jesus fucking christ. so this means what? ...with ongoing raids by security forces on private sector warehouse facilities, where food and goods are allegedly being hoarded to create artificial shortages... The reason some people close their store and dont sell their goods is not to create artificial shortages like she implies. Its because the inflation is so high that they will either have to raise substantially prices to not lose money (and risk getting their stores robbed by the "people"), or just wait it out until things stabilize. The reason for the huge shortages is because the government stop giving dollars to importations, and because the national production got destroyed with the many years of corrupt expropriations. She is full of shit, and you dont need much time to live there to realize that | ||
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nunez
Norway4003 Posts
your reading comprehension will get there eventually. until then you should try to think a bit more before you post. | ||
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