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Response to scarytomcat (Reply #31)

Sun Jan 27, 2019, 07:11 PM

33. Like:

Taking over private factories and running them into the ground.

Seizing foreign oil companies equipment, driving off needed investment and know how.

Instituting price controls on basic food stuffs during massive inflation, insuring the shelves are bare. (can't sell under cost long)

Causing the massive inflation by over printing money.

Confiscating productive farms and parceling them out to loyalists, drying up the local the food supply.
Food production:


Instituting bizarre multi-level currency controls, drying up the supply of dollars for food imports.
https://www.legalmondo.com/2017/04/foreign-currency-regulations-venezuela/

Firing all the competent oil workers and replacing them with loyalists.
https://www.forbes.com/sites/rrapier/2017/05/07/how-venezuela-ruined-its-oil-industry/#9c24aa87399d

Oil production: (their major export)


Govt pricing of local gasoline sales below market value, resulting in shortages as it all gets black marketed to neighboring countries.

Etc..

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