Quote:
Originally Posted by kektex
There has been a lot of infrastructure work here I have to admit, but when you take in to account that he has been in power for 8 years with the highest oil revenues in the history of the country, it amounts to nothing. What the hell do I care about a bridge or a highway when the hospitals dont have any beds?
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Yep... can see your point. Smells like the usual govt inefficiency and lack of coordination.
Quote:
Originally Posted by kektex
Corruption is rampant in PDVSA, the state owned oil company, and itīs starting to show in oil production numbers and in the international reserves.
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Kinda normal in a state owned monopoly - once you open one file there is a can of worms and with each sheet of paper you touch - there is another can of worms underneath that ad nausea....
I like Venezuela - amazing place with plenty opportunties ahead. Suspect it will take time to stabilize - the killer is always poverty and where people may prefer to vote for more extreme candidates who may claim to be fighting on their behalf. It's the same trend in Nicaragua and a few other SA countries at the moment - and a backlash against historical interference in a number of these countries.