Topic: Enjoy communism (II): Venezuela to cut 6 zeros from its currency (Read 511 times)
September 02, 2021, 04:07:46 AM
Well, as I said before, and as I see the conversation is already drifting to Biden Kamala etc. I proceed to lock the thread. Thanks for your opinions.
September 01, 2021, 11:10:12 PM
Tomorrow is not promised and we can't make conclusions here when our opinions don't count.
Yeah.. there is no guarantee. Kamala as the POTUS is risky for the Dems. Right now they don't want to alienate the moderate vote. Kamala will charge up the left-wing, but she'll swing the suburban voters towards the GOP. I guess the Dems have already learnt their lesson from 2016 and will be more careful before thinking about such a step. But then, someone needs to replace Biden in the next few years. I am not sure whether he can cling on till 2024. He is not in the best of his health, and is not as active as others would like him to be.
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September 01, 2021, 03:16:20 PM
Agree with what you said because the US has enough on their plate already and don't they need to add more. But, let me get this straight. Are you Kamala to replace Biden as the President?
What I read is that lawmakers wrote a letter to Biden to let Kamala take the role of controlling the illegal immigration at the southern border.
What I read is that lawmakers wrote a letter to Biden to let Kamala take the role of controlling the illegal immigration at the southern border.
Biden doesn't look fit to be the president of the United States. I don't believe that he has dementia, as the GOP House members would like to argue, but he is not looking to be in good state.
Regarding dementia, we can rely on Trump's statement about Biden having dementia because he's not happy in the first place that he lost the election to him.
So it is just a matter of time before Kamala replaces him as the POTUS.
Tomorrow is not promised and we can't make conclusions here when our opinions don't count. September 01, 2021, 10:11:33 AM
Lol! It seems to me that the same thing is happening around the world.
The sad thing is that some people are serious about supporting communism not knowing the horrors that the communism brings, I think a lot of people should learn about Stalin and the cannibal island, Pol Pot's Regime that's still killing people to this day. September 01, 2021, 10:04:42 AM
I live in India, and you can find youngsters supporting Communist party in every nook and corner. They can be recognized instantly. Will be high on weed most of the time and will be wearing red headbands and Che-Guevara t-shirts. They believe that it is cool to insult the army and shout anti-national slogans. Previously this disease was limited to some of the smaller states such as Kerala and West Bengal, but now it has spread to the larger states as well. And the funny thing is that India has never witnessed communist rule. The CPI never managed to get more than 5% of the total seats in parliament at any time after the independence.
Lol! It seems to me that the same thing is happening around the world.
hyperinflation is characteristic of communist countries
If you are trying to make a general point that hyperinflation occurs exclusively in communist states, and is an inevitability, then this statement is misleading and untrue.
Certainly, +1 on that. Again, not a defender of communism as a viable and likeable way of governing and tbh I do not think Venezuela is truly communist. But, beyond that, you will certainly admit that Erdogan is not a communist leader precisely, and you may see how the Turkish Lira is in hyperinflation. A few countries in Africa y, this is me guessing, Afghan currency are on the same path and none of these could be classed as communist regimes.
Inflation is a hidden tax from an irresponsible government to their citizens.
No, actually I didn't say it was only exclusive to communist countries, but if you look at where hyperinflation has occurred, it is not usually in countries that practice strict austerity in public spending and have a small state. On the contrary, they are states that spend and spend and spend. Italy would be an example. Before joining the euro, it also removed 0s, and it was not strictly communist but it had a state and a much larger state public expenditure than Germany, for example.
I'm going to leave the thread open a bit longer and I will lock it, because it is already drifting into discussion about communism in general. If someone wants to, they can open another one.
September 01, 2021, 09:56:07 AM
A comfortable position for your opponents 
By the way, I noticed that many supporters of utopian concepts, that if something goes wrong with them, according to their plans, the guilty one is immediately found. As a result, the picture they have is "it was not me who shit in my pants, it was someone else who shit in my pants ..."
Before realizing that the socialist fantasy vanished into thin air, the same countries were the "rotting west", and then so oops - someone shit in these dreamers' pants, broke their socialism and built it, quickly, in New Zealand, Sweden and other countries! They are funny!
By the way, I noticed that many supporters of utopian concepts, that if something goes wrong with them, according to their plans, the guilty one is immediately found. As a result, the picture they have is "it was not me who shit in my pants, it was someone else who shit in my pants ..."
Before realizing that the socialist fantasy vanished into thin air, the same countries were the "rotting west", and then so oops - someone shit in these dreamers' pants, broke their socialism and built it, quickly, in New Zealand, Sweden and other countries! They are funny!
I live in India, and you can find youngsters supporting Communist party in every nook and corner. They can be recognized instantly. Will be high on weed most of the time and will be wearing red headbands and Che-Guevara t-shirts. They believe that it is cool to insult the army and shout anti-national slogans. Previously this disease was limited to some of the smaller states such as Kerala and West Bengal, but now it has spread to the larger states as well. And the funny thing is that India has never witnessed communist rule. The CPI never managed to get more than 5% of the total seats in parliament at any time after the independence.
From my observations, the "breeding" environment for communism-socialism is, as a rule, a lumpenized environment, or people with an unformed worldview or lack of quality knowledge. It sounds like a shame, but the fact is that in a society that belongs to the middle class (we do not take into account those who are bought or interested), supporters of communism / socialism are at the level of statistical error. But the lower "to the bottom" of life - the more there are supporters of communist or socialist ideas! And there the idea of "take away and divide" is the main idea in their life!
I strongly advise you to watch the film "Heart of a Dog", based on the novel by Mikhail Bulgakov - it perfectly shows the picture of how such a lumpen proletariat comes to power in Russia ... The film is simply amazing, I am sure it is with an English translation and you will enjoy watching it!
PS Generally I recommend reading the works of Bulgakov !
August 31, 2021, 11:50:11 PM
A comfortable position for your opponents
By the way, I noticed that many supporters of utopian concepts, that if something goes wrong with them, according to their plans, the guilty one is immediately found. As a result, the picture they have is "it was not me who shit in my pants, it was someone else who shit in my pants ..."
Before realizing that the socialist fantasy vanished into thin air, the same countries were the "rotting west", and then so oops - someone shit in these dreamers' pants, broke their socialism and built it, quickly, in New Zealand, Sweden and other countries! They are funny!
By the way, I noticed that many supporters of utopian concepts, that if something goes wrong with them, according to their plans, the guilty one is immediately found. As a result, the picture they have is "it was not me who shit in my pants, it was someone else who shit in my pants ..."
Before realizing that the socialist fantasy vanished into thin air, the same countries were the "rotting west", and then so oops - someone shit in these dreamers' pants, broke their socialism and built it, quickly, in New Zealand, Sweden and other countries! They are funny!
I live in India, and you can find youngsters supporting Communist party in every nook and corner. They can be recognized instantly. Will be high on weed most of the time and will be wearing red headbands and Che-Guevara t-shirts. They believe that it is cool to insult the army and shout anti-national slogans. Previously this disease was limited to some of the smaller states such as Kerala and West Bengal, but now it has spread to the larger states as well. And the funny thing is that India has never witnessed communist rule. The CPI never managed to get more than 5% of the total seats in parliament at any time after the independence.
August 31, 2021, 12:59:57 PM
"there are many economically successful communist regimes" - do you have such a subtle sense of humor? Or such fat fantasies? No offense - you can give 1-2 examples from "successful communist regimes" to understand what "success" means to you ... I lived part of my life in a country that built "developed socialism" and paved the way to "communism", and I will tell you this - I regret the lost years "in a successful mode", and I perfectly remember "all the successes" and "achievements" that will make your hair stand on end on your head ...
No offense - you can give 1-2 examples from "successful communist regimes" to understand what "success" means to you ... I lived part of my life in a country that built "developed socialism" and paved the way to "communism", and I will tell you this - I regret the lost years "in a successful mode", and I perfectly remember "all the successes" and "achievements" that will make your hair stand on end on your head ...LOL.. even one example is enough for me. I have talked to some of my friends who are ardent supporters of the communist party. When I ask them why socialist countries such as Cuba and Venezuela are in such poor state, they tell me that these countries are not "real" communist/socialist countries. They provide the example of New Zealand, Denmark, Sweden.etc. The claim is that the ruling parties in these countries follow socialism, which is far from reality. If these countries actually had a socialist economy, then they would be as worse as Zimbabwe or Somalia.
A comfortable position for your opponents
By the way, I noticed that many supporters of utopian concepts, that if something goes wrong with them, according to their plans, the guilty one is immediately found. As a result, the picture they have is "it was not me who shit in my pants, it was someone else who shit in my pants ..."
Before realizing that the socialist fantasy vanished into thin air, the same countries were the "rotting west", and then so oops - someone shit in these dreamers' pants, broke their socialism and built it, quickly, in New Zealand, Sweden and other countries! They are funny!
August 31, 2021, 12:40:49 PM
Agree with what you said because the US has enough on their plate already and don't they need to add more. But, let me get this straight. Are you Kamala to replace Biden as the President?
What I read is that lawmakers wrote a letter to Biden to let Kamala take the role of controlling the illegal immigration at the southern border.
What I read is that lawmakers wrote a letter to Biden to let Kamala take the role of controlling the illegal immigration at the southern border.
Biden doesn't look fit to be the president of the United States. I don't believe that he has dementia, as the GOP House members would like to argue, but he is not looking to be in good state. So it is just a matter of time before Kamala replaces him as the POTUS. Actually it is like killing two birds with one stone. Kamala is so radical and she is almost unelectable. So it will be good for her if she becomes the POTUS without an election. And hopefully in the next two years, she can create a moderate image for herself and that may enable her to edge past the GOP candidate in 2024 (Ron DeSantis?).
August 31, 2021, 12:00:36 PM
I feel really bad for the people who are living in Venezuela, but Capitalism cannot thrive.. if they cannot show that their system is better. The capitalists brag about it's success, but it's success is built on a stack of cards called debt. It is only through tax bailouts and the clever manipulation of those economies that they portrait a smoke screen of wealth.
The sad fact is that the majority of capitalists are a small number of people compared to the rest of the population. There are a huge gap between the rich and the middle class and the poor people in these economies. (The Covid epidemic showed the cracks in this debt driven capitalist economies, with a lot of these people losing their businesses within a month of lockdowns)
The sad fact is that the majority of capitalists are a small number of people compared to the rest of the population. There are a huge gap between the rich and the middle class and the poor people in these economies. (The Covid epidemic showed the cracks in this debt driven capitalist economies, with a lot of these people losing their businesses within a month of lockdowns)
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August 31, 2021, 11:46:02 AM
I think those that suggest Biden invade Venezuela because of their problem don't understand the roles the US government has played since the year 2017 when sanctioned people so that Maduro won't enrich himself through illegal mining and oil operations.
The problem of Venezuela is still the same thing political corruption and if no solution provides the country will still experience the same issue even after they issue crypto due to their communism level.
Having said that, it is not everything that the US government has to fix when the people themselves are not ready for the corrections.
The problem of Venezuela is still the same thing political corruption and if no solution provides the country will still experience the same issue even after they issue crypto due to their communism level.
Having said that, it is not everything that the US government has to fix when the people themselves are not ready for the corrections.
LOL.. this is the last thing Biden need to do now.. Already the US federal debt is nearing $30 trillion mark. And out of that $10-$15 trillion was contributed by invasions in Iraq, Afghanistan, Libya.etc. Another invasion will just sink the American economy, as it is already reeling from the COVID 19 pandemic. I don't expect Biden to approve any such military intervention. He will stick with sanctions and embargoes. But there are rumors that Kamala will replace him sometime soon. She is more radical when compared to Biden, and I won't be surprised if she actually approves an external military intervention.
What I read is that lawmakers wrote a letter to Biden to let Kamala take the role of controlling the illegal immigration at the southern border.
August 30, 2021, 10:55:08 PM
I know there are decent people in Venezuela just like there are decent people in other countries. The problem is their number isn't enough. When the majority are turds, this is what you get.
Well.. this the sad reality. There are decent people in Venezuela, but most of them are in the process of migrating to other countries, or have already taken that step. For them, no hope remains in Venezuela. The regime has entered in to an agreement with the opposition, but I don't expect any big changes to the economic situation. If Venezuela remains in such dire straits even with crude oil prices of >$70 per barrel, then I don't think that they will ever make an economic recovery. For the near future, I can't foresee crude prices going up beyond this level.
August 30, 2021, 11:20:02 AM
...you will certainly admit that Erdogan is not a communist leader precisely, and you may see how the Turkish Lira is in hyperinflation. A few countries in Africa y, this is me guessing, Afghan currency are on the same path and none of these could be classed as communist regimes.
Inflation is a hidden tax from an irresponsible government to their citizens.
So like I said earlier it doesn't have anything to do with the regime. There is something else.
It does not appear that Biden is willing to invade the country. Not for a humanitarian issue and not for oil. And the little opposition left in the country is too weakened by hunger to mount a revolution. .
Why would anybody even want to invade that crap hole?
It would turn out just like Afghanistan. You cannot fix these people.
Deleting zeros from a currency is just another way of saying "our currency is dead". Turkey did the same thing few years ago and the first "0" already came back.
"That people" of which I happen to know a few do not need fixing. They are mostly tired of their government and what they are doing to the country. Venezuela was one of the best LATAM economies not that long ago - a place that anyone would like to live in.
I know there are decent people in Venezuela just like there are decent people in other countries. The problem is their number isn't enough. When the majority are turds, this is what you get.
August 29, 2021, 11:51:09 PM
I think those that suggest Biden invade Venezuela because of their problem don't understand the roles the US government has played since the year 2017 when sanctioned people so that Maduro won't enrich himself through illegal mining and oil operations.
The problem of Venezuela is still the same thing political corruption and if no solution provides the country will still experience the same issue even after they issue crypto due to their communism level.
Having said that, it is not everything that the US government has to fix when the people themselves are not ready for the corrections.
The problem of Venezuela is still the same thing political corruption and if no solution provides the country will still experience the same issue even after they issue crypto due to their communism level.
Having said that, it is not everything that the US government has to fix when the people themselves are not ready for the corrections.
LOL.. this is the last thing Biden need to do now.. Already the US federal debt is nearing $30 trillion mark. And out of that $10-$15 trillion was contributed by invasions in Iraq, Afghanistan, Libya.etc. Another invasion will just sink the American economy, as it is already reeling from the COVID 19 pandemic. I don't expect Biden to approve any such military intervention. He will stick with sanctions and embargoes. But there are rumors that Kamala will replace him sometime soon. She is more radical when compared to Biden, and I won't be surprised if she actually approves an external military intervention.
August 29, 2021, 07:36:40 PM
I am going to update this thread, so that it is not forgotten, because a parallel thread has appeared wanting to deny the obvious, and saying that hyperinflation in Venezuela has nothing to do with Communism.
The incompetent government in Venezuela is certainly partly to blame. But not exclusively. Venezuela has a long and troubled history due largely to its oil wealth. Communist states are a bad idea, but they don't tend to arise out of nowhere; they are a misguided attempt to fix the failures of the preceding system. I think it's overly simplistic to blame everything on the Red Menace. Reality tends to be coloured more in shades of grey.hyperinflation is characteristic of communist countries
If you are trying to make a general point that hyperinflation occurs exclusively in communist states, and is an inevitability, then this statement is misleading and untrue.Certainly, +1 on that. Again, not a defender of communism as a viable and likeable way of governing and tbh I do not think Venezuela is truly communist. But, beyond that, you will certainly admit that Erdogan is not a communist leader precisely, and you may see how the Turkish Lira is in hyperinflation. A few countries in Africa y, this is me guessing, Afghan currency are on the same path and none of these could be classed as communist regimes.
Inflation is a hidden tax from an irresponsible government to their citizens.
It does not appear that Biden is willing to invade the country. Not for a humanitarian issue and not for oil. And the little opposition left in the country is too weakened by hunger to mount a revolution. .
Why would anybody even want to invade that crap hole?
It would turn out just like Afghanistan. You cannot fix these people.
Deleting zeros from a currency is just another way of saying "our currency is dead". Turkey did the same thing few years ago and the first "0" already came back.
"That people" of which I happen to know a few do not need fixing. They are mostly tired of their government and what they are doing to the country. Venezuela was one of the best LATAM economies not that long ago - a place that anyone would like to live in.
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August 29, 2021, 03:12:53 PM
It does not appear that Biden is willing to invade the country. Not for a humanitarian issue and not for oil. And the little opposition left in the country is too weakened by hunger to mount a revolution. .
Why would anybody even want to invade that crap hole?
It would turn out just like Afghanistan. You cannot fix these people.
Deleting zeros from a currency is just another way of saying "our currency is dead". Turkey did the same thing few years ago and the first "0" already came back.
The problem of Venezuela is still the same thing political corruption and if no solution provides the country will still experience the same issue even after they issue crypto due to their communism level.
Having said that, it is not everything that the US government has to fix when the people themselves are not ready for the corrections.
August 29, 2021, 02:45:44 PM
It does not appear that Biden is willing to invade the country. Not for a humanitarian issue and not for oil. And the little opposition left in the country is too weakened by hunger to mount a revolution. .
Why would anybody even want to invade that crap hole?
It would turn out just like Afghanistan. You cannot fix these people.
Deleting zeros from a currency is just another way of saying "our currency is dead". Turkey did the same thing few years ago and the first "0" already came back.
August 29, 2021, 02:30:41 PM
Well, the example with YUKOS is generally not about communism - in Russia there is a mixture of banditry (domestic politics) and terrorism (foreign policy) ...
In China, everything is more complicated - there are communist ideas of the party, and totalitarianism, and the desire to be rich and respected, but not like Kim Jong-un, one among millions of half-dead vegetable citizens ... On the other hand, an experiment with economic "freedoms" in China showed that everything worked out, but on the other hand, some "wrong personalities" appeared - rich, influential, with some Western values and a craving for freedom. And this is already "evil" for the ruling elite ... Therefore, they will now have to "tighten the screws" a little, and in some cases transfer some private businesses under state administration ... If the owners do not agree to play by the given rules
In China, everything is more complicated - there are communist ideas of the party, and totalitarianism, and the desire to be rich and respected, but not like Kim Jong-un, one among millions of half-dead vegetable citizens ... On the other hand, an experiment with economic "freedoms" in China showed that everything worked out, but on the other hand, some "wrong personalities" appeared - rich, influential, with some Western values and a craving for freedom. And this is already "evil" for the ruling elite ... Therefore, they will now have to "tighten the screws" a little, and in some cases transfer some private businesses under state administration ... If the owners do not agree to play by the given rules
After Xi Jinping came to power, there have been a tightening of government control, and this is not restricted to any particular region in China. Xinjing and Hong Kong are well publicized because the people there have supporters in western nations. But the same is happening in the other provinces as well. The Chinese regime has now realized that now they don't need to be dependent on the western investors to bring new business. So previously they were trying to paint a picture of a liberalized country allowing some democracy and that attempt has been abandoned now.
August 29, 2021, 10:44:36 AM
Without the support of the West in 1990-2000+, there would have been no "success for China." Well, it is difficult to call the system, in its pure form, communist. This is a mixture of a totalitarian system, with elements of "manual economic freedom". But as we observe now, totalitarianism is beginning to regain its positions, and it will soon be difficult for "free business". State control and influence is already working, and there is still a smooth transition of management from private owners to state "henchmen"
Transition of ownership is from successful private individuals to political proxies. And this is not communism. In communism, the state controls everything, and not the individual. One example is the takeover of Yukos by the Russian government in 2004. Another example is the seizure of private business in Venezuela when Hugo Chavez was the president. This is not happening in China. In China the government understands that socialism/communism never works in real life and therefore they have come up with an authoritarian system which is combined with capitalism.
Well, the example with YUKOS is generally not about communism - in Russia there is a mixture of banditry (domestic politics) and terrorism (foreign policy) ...
In China, everything is more complicated - there are communist ideas of the party, and totalitarianism, and the desire to be rich and respected, but not like Kim Jong-un, one among millions of half-dead vegetable citizens ... On the other hand, an experiment with economic "freedoms" in China showed that everything worked out, but on the other hand, some "wrong personalities" appeared - rich, influential, with some Western values and a craving for freedom. And this is already "evil" for the ruling elite ... Therefore, they will now have to "tighten the screws" a little, and in some cases transfer some private businesses under state administration ... If the owners do not agree to play by the given rules
August 28, 2021, 11:00:13 PM
Without the support of the West in 1990-2000+, there would have been no "success for China." Well, it is difficult to call the system, in its pure form, communist. This is a mixture of a totalitarian system, with elements of "manual economic freedom". But as we observe now, totalitarianism is beginning to regain its positions, and it will soon be difficult for "free business". State control and influence is already working, and there is still a smooth transition of management from private owners to state "henchmen"
Transition of ownership is from successful private individuals to political proxies. And this is not communism. In communism, the state controls everything, and not the individual. One example is the takeover of Yukos by the Russian government in 2004. Another example is the seizure of private business in Venezuela when Hugo Chavez was the president. This is not happening in China. In China the government understands that socialism/communism never works in real life and therefore they have come up with an authoritarian system which is combined with capitalism.
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