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Response to procon (Reply #51)

Sun Feb 4, 2018, 02:58 PM

53. "shoring up" a economy that is set up to fail is a losing proposition

Last edited Sun Feb 4, 2018, 08:25 PM - Edit history (2)

Unless Venz does away with the insane currency controls (1 low rate for govt officials, 1 med rate for some vendors, and and high rate for everybody else...that's if you can get dollars) and gets rid of the price controls which during hyperinflation (caused by the govt over printing money) insures the shelves will be empty because selling under costs does not work for long, fires the govt toadies running the oil industry into the ground and rehires experienced oil workers, stops seizing foreign property and assets so there is foreign investment again, stops the govt money giveaway to buy votes and puts the money in the failing oil industry and infrastructure, stops jailing opposition politicians and bypassing the elected parliament so there is democracy again,
anything done will just be a band-aid on a mortal wound.

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