this post was submitted on 21 Sep 2023
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Is it the fault of the USA that Venezuela’s currency is so devalued that a great part of the population has to emigrate outside the country?

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[–] [email protected] 0 points 1 year ago (3 children)

They had a national welfare system that to my understanding was very extensive, but just handed out money. What if that money was instead moved to the creation of other sectors and welfare was done through that

[–] [email protected] 0 points 1 year ago* (last edited 1 year ago)

First of all, your sentence is a contradiction on its own. A national welfare system that just handed money? Lula's policies are more akin to that. Second, Veneuzela did move its resources to other sectors of its economy (i.e housing) https://venezuelanalysis.com/news/12946/

[–] [email protected] 0 points 1 year ago (1 children)

Where do you think the welfare money goes huh?

[–] [email protected] 0 points 1 year ago

In Venezuela? It went directly to unemployment

[–] [email protected] 0 points 1 year ago

It was. Not much you can do when you are psychologically abused and sabotaged by a larger next door neighbor.