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In reply to the discussion: Venezuela's Guaido calls for massive protest as blackout drags on [View all]GatoGordo
(2,412 posts)Up until 1999, you could compare them economically.
At one time, Venezuela was "richer" than China, and pumped out more oil than Saudi.
But along came Bolivarian Socialism, and changed all that. What used to be the economic envy of Latin America became a cesspool of cronyism, incompetence and Marxist ideology.
Say what you want about Saudi and its vile "House of Saud" and religious intolerance. It is true! But other than the nomadic Bedu sleeping in tents, everyone has reliable electricity and RUNNING WATER in a nation with NO WATER. Chavismo can't seem to pull off refining and pumping their own oil in a nation sitting on top of the earths largest proven reserves. As the old saying goes, "Put them in charge of the Sahara desert, and within a month there would be a shortage of sand".
Another win for Marx