Author Topic: Postmortem (Complacency and How Chavez destroyed Venezuela from the inside out)  (Read 262 times)

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Offline mountaineer

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The suddenness of Venezuela’s collapse should have come as no surprise because downfalls are inherently abrupt. Collapse is a phase change. One moment something is sailing along fat, dumb and happy and the next moment it is sinking beneath the waves. The change from two to one is a loss of 50%; but the change from one to zero is binary.

So it was in Venezuela. Imagine waiting two years to buy a car and finding just when you thought you finally buy one that there are no cars for sale at all.
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Leonardo Hernandez had hoped to buy a new car this year, ending nearly two years of waiting on various lists at different dealerships throughout the country.

Those hopes were dashed last week when Toyota Motor Co. said it would shut down its assembly operations in Venezuela due to the government’s foreign exchange controls that have crippled imports and made it impossible to bring in parts needed to build its vehicles.

The country’s other car manufacturers, including General Motors and Ford, haven’t even started operations this year, while waiting for needed parts to arrive.
Think of not being able to buy soap, rice or toilet paper or order a cup of coffee, where even the rich are feeling poor. “In the serene private clubs of Caracas, there is no milk, and the hiss of the cappuccino machine has fallen silent. In the slums, the lights go out every few days, or the water stops running. In the grocery stores, both state-run shops and expensive delicatessens, customers barter information: I saw soap here, that store has rice today. The oil engineers have emigrated to Calgary, the soap opera stars fled to Mexico and Colombia. And in the beauty parlours of this nation obsessed with elaborate grooming, women both rich and poor have cut back to just one blow-dry or manicure each week.”

Imagine there’s no money to keep up the sovereign bond payments, the only source of money to keep power plants going.

Welcome to Hugo Chavez’s Venezuela, a country with the fifth largest oil reserves in the world and absolutely broke. It’s a remarkable achievement for Chavismo. A just-wow moment. Socialism is useless at everything except for smashing things in record time. There it excels. It’s hard to imagine that as late as the 1980s Venezuela had the highest standard of living in Latin America. But then in 1960 Detroit was the richest city in the world in per capita income. Now it’s well … Detroit.

James Eccleton remarked on how the mighty have fallen. “Brazil is becoming Argentina, Argentina is becoming Venezuela, and Venezuela is becoming Zimbabwe.” The question that always puzzles historians about the fall of great and rich countries is: ‘why didn’t they say it coming?’ How did they let disaster sneak up on them? ...

Most people are spurred into resistance by a crisis. But they remain lulled into complacency while the crisis remains imperceptible. Progressive tyranny benefits from image management, and takes great pains to keep crisis from view. The most insidious thing about a secret police is its very secrecy, because the mayhem it wreaks is upon the intangibles, among things we call legitimacy. So it goes until only a facade is left. Until the day of death the victim is largely asymptomatic, except for a gradual weakening. When the onset comes he discovers that his immune system is completely gone and the end is sudden.

That’s how disaster sneaks up on a world determined never to see it coming.

Click on link to read entire article by Richard Fernandez, PJ Media
The only difference between the Democrats and the Republicans is that the Democrats allow the poor to be corrupt, too.
--- Oscar Levant

Offline Rapunzel

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Socialism is useless at everything except for smashing things in record time. There it excels. It’s hard to imagine that as late as the 1980s Venezuela had the highest standard of living in Latin America. But then in 1960 Detroit was the richest city in the world in per capita income. Now it’s well … Detroit.

and we are headed in the same direction  - DC and I both warned of this in 2008 and both of us were roundly mocked by people on another (defunct) site that it could never, ever happen here... yet it is and people would prefer to attack the handful who are trying to apply the brakes before it is too late.
“The time is now near at hand which must probably determine, whether Americans are to be, Freemen, or Slaves.” G Washington July 2, 1776

Offline mountaineer

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The writer didn't need to mention the USA. The parallels are unavoidable.  **nononono*
The only difference between the Democrats and the Republicans is that the Democrats allow the poor to be corrupt, too.
--- Oscar Levant

Offline Rapunzel

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The writer didn't need to mention the USA. The parallels are unavoidable.  **nononono*

I know and that is what scares me. This is why they are fighting voter ID and why they insist on using electronic voting machines - incidentally made in Venezuela (at one time at least who knows now).
“The time is now near at hand which must probably determine, whether Americans are to be, Freemen, or Slaves.” G Washington July 2, 1776

Offline Chieftain

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The writer didn't need to mention the USA. The parallels are unavoidable.  **nononono*


...where our media was far more interested in helping Hugo badmouth George W. Bush than finding out what was really going on down there.....



 :smokin:
« Last Edit: February 15, 2014, 06:24:08 PM by Chieftain »

Offline Atomic Cow

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At this point, the only thing that will save Venezuela is a full on revolution with the extermination of the socialists.
"...And these atomic bombs which science burst upon the world that night were strange, even to the men who used them."  H. G. Wells, The World Set Free, 1914

"The one pervading evil of democracy is the tyranny of the majority, or rather of that party, not always the majority, that succeeds, by force or fraud, in carrying elections." -Lord Acton

Offline Chieftain

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At this point, the only thing that will save Venezuela is a full on revolution with the extermination of the socialists.

yah...at this point they need a big earthquake or a good, brisk volcanic eruption....in Bangladesh they look at a harsh tropical cyclone as nature's way of thinning the lower castes.....

 :whistle:
« Last Edit: February 15, 2014, 06:27:41 PM by Chieftain »


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