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In reply to the discussion: Venezuelan president tries out new powers [View all]EX500rider
(11,827 posts)58. "How much food does Saudi Arabia import?"
Really, that's your go to comparison country for food growth? A desert country with 59mm avg of rain a year Vs lush Venz. with 1,875mm a year?
http://data.worldbank.org/indicator/AG.LND.PRCP.MM
Although population wise they are about equal with S.A. at 28 million and Venz. with 29 million. But Saudi has a GDP of 711 billion vs 381 billion for Venz. Venz.'s GDP could be that high if they didn't mismanage their oil fields and production and scare away the needed foreign technical help.
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Wasn't there a Republican politician that was talking about a coup just the other day?
Ash_F
Nov 2013
#10
I just refuse to judge him and his running of his country as an outsider not knowing all
Arcanetrance
Nov 2013
#9
True, I think they have taken over many foreign businesses in the last few years
davidpdx
Nov 2013
#33
No, it will create product shortages. Which are already happening due to price controls.
geek tragedy
Nov 2013
#14
My understanding was that the government owned much of the manufacturing and industry in general
Arcanetrance
Nov 2013
#16
They do have a debt/GDP ratio half that of the US and have trading surpluses
Theyletmeeatcake2
Nov 2013
#28
They are the 5th highest oil producing country. It should be much better than that.
stevenleser
Nov 2013
#44
Not sure about that as their oil production continues to drop precipitously
stevenleser
Nov 2013
#52
Yes indeed, don't give those poor people money as they don't know how to use it properly
Theyletmeeatcake2
Nov 2013
#25