Politics

Venezuela In Martial law As Arab Spring Arrives (Video)

Venezuela In Martial law As Arab Spring Arrives (Video)
It is time for Venezuelans to organize and reject their failed government`s inept policies, kick out their incompetent leaders, and unqualified military generals from running business enterprises.

Venezuela – revolt


0:00readings this is econ matters as may 14 2016 talk about Venezuela venezuelan
0:07president declares sixty-day state of emergency planning US-french stability
0:12Maduro says washington’s actually measured the question as well as fascist
0:17right
0:21party officials have given them to looters as criminals and smugglers
0:25seeking to make a quick buck from reselling murderers bout a tough hand
0:29against violence in his enemies are plotting a coup attempt to this week
0:32suspension of Brazilian leader critics counter that hunger and desperation are
0:37pushing people to the situation worse and barring urgent policy changes such
0:43as easy as strict currency and price controls and crimped imports and
0:47production so you can see the lack of common themes to divert attention from
0:55the government’s incompetents their policies by blaming the west and sort of
1:03having a natural enemies enemy big bad Western capitalistic state social
1:10programs and it’s obvious that their system is broken it as not work and you
1:18dire need of a change the country’s literally on the break of a revolution
1:24and the citizens of breath finally reached a breaking point where their
1:29licenses life is worse off in doing that and so you almost have nothing to lose
1:36for a lot of their citizens and as we can see if you look at some of their
1:42statistics right you know 6.8% GDP growth rate looks good and tell you look
1:51at the annual GDP growth rate down 7.1%
2:00core inflation rate over 60% food inflation three hundred and fifteen
2:06percent interest rate 21.9% this is a broken economy it just shows that your
2:15system has failed and you need to be kicked out of office ASAP this is now
2:25sitting competence on a grand scale and given the fact that your resource rich
2:30country for instance your policy of kicking out all the Western E&P firms
2:37that could have helped you monetize your fast oil reserves considered some of the
2:41largest in the world and you’re only producing 2.5 million barrels per day
2:46and declining at a massive rate in a low price environment where your country
2:54needs the money more than ever it shows the failed policies of your socialistic
3:00system and juxtapose vs saudi Arabia’s 10 million barrels per day with the
3:10equivalent resources your strategy of kicking the West firms out to maximize
3:15your resources has failed
3:17right now the big bad Western oil companies we gotta get rid of them we
3:21need to state or private eyes all these resources
3:24every time the country does this it is a disaster so
3:30it is obvious that Venezuela citizens and reached a breaking point regardless
3:38if they want to do some kind of form of Scandinavia you know socialistic model
3:45with annexin capitalism it’s obvious that they needed a large dose of
3:51capitalistic principles in their economy you cannot have strict currency and
3:58price controls
4:00and you know have you know capital interest rates 21 percent right that’s
4:11just corporate business strategy cannot have a core inflation rate of 60 percent
4:15inflation at three hundred and fifteen percent your practice basically paying
4:23off military leaders by putting them charge of business industries and
4:27running them and they have no qualifications is just unacceptable it
4:31just makes everybody’s quality of life by poor utilization of resources and
4:38we’re literally talking about you know welcome to Venezuela Venezuela is awash
4:44with naturally such resources such as diamond bauxite gold iron ore and
4:49natural gas and toll in you know you have all these metals fossil fuels and
4:58compared to like Australia to maximize their natural resources mining literally
5:05this country is just a failed state and it shows that socialism is a failed
5:12enterprise every country that has tried your brand of socialism has failed
5:16miserably so at this point citizens need to repeal they need to get on Twitter
5:22Facebook they need to start organizing and they need to throw their government
5:27leaders out and they need to put a lot of pressure on the military to get them
5:31out of rules of business they do not need to be run businesses that their
5:35unqualified for and you need to start bringing in outside help human capital
5:40from external sources will go a long way in helping you improve your situation
5:45and monetize your resources all countries do it it’s no shame China does
5:51it
5:51China has a lot of capitalistic principles and they outsource a lot of
5:54their human capital needs until they can develop them get to the point where
5:58they’re self-sufficient and that standpoint Saudi Arabia does the same
6:01thing that’s the model that works and that’s what the Venezuelan citizens need
6:08to adopt they need to divide adopt capitalistic principles and the free
6:14market of outsourcing for the intellectual capital they need to
6:19monetize their resources but when your life is gotten to this point that is not
6:25normal people don’t stand on line in lines to shop for basic goods that is
6:30not normal in a normal country your system is broken the citizens need to
6:35wake up putting pressure on the government to kick them out this is your
6:41Arab Spring get to work

Venezuela
Venezuela