Derec
Contributor
We do consider different reforms when there are crashes, sure. Refusing to do so is just stupid.Did the US abandon it's system because it crashed?
Does it ever consider changing it's system every time it crashes?
Problems with Venezuelan economy are much more fundamental than they ever were with US.I see no reason Venezuela should change any of it's principles just because it's economy is struggling.
Price controls lead to shortages. Currency controls lead to a currency black market. Fighting the private sector leads to it being diminished and economy more dependent on oil. Starving PDVSA of capital leads to production shrinking.
US is by far Venezuela's biggest trading partner. Some "economic warfare"!And if people don't think Venezuela has been under constant economic warfare for years they are simply naïve children that don't know history or the way the US operates in South America.