Comments by "" (@shauncameron8390) on "VisualEconomik EN" channel.

  1. Due to agriculture.
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  2. Oil-rich.
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  3. Due to oil and foreign migrant labor.
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  4. All oil-rich and dependent on US military protection.
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  5.  @handsfortoothpicks  That's typical of socialism. The state, not the people, own the means of production.
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  6. Sanctions are a poor excuse for mismanagement.
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  7. <regimes are fearful to do so> Because economic freedom = personal freedom. And personal freedom = more people questioning the regime and eventually calling for the regime to step aside.
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  8. And keeping the populace pacified.
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  9.  @Will-ef2tw  Also technology.
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  10.  @tealkerberus748  Because of government meddling.
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  11. Over GDP, that is. But in terms of GDP per capita, China is just barely $10K.
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  12.  @handsfortoothpicks  But Daniel Ortega is.
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  13.  @Julio-xz3or  Yet a lot of its citizens have to live in France, because they can't afford Monaco rent.
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  14. Exactly.
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  15. But Venezuela's own mismanagement did the most damage.
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  16.  @stevefan8283  Because Maduro banned all imports and any attempts were seized by Venezuelan customs.
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  17. Exactly.
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  18. Proving America's Founding Fathers right about democracy. Once the people are able to vote themselves access to the treasury, you can kiss the nation ADIOS!
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  19.  @MassiveCarbonFootprint  In Quebec (that French-speaking province in Canada), we have government-subsidized private schooling.
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  20. But they do have Uncle Sam's military protection.
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  21. You prefer stagnation and regression?
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  22. Like China?
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  23.  @Eoin-B  North Korea never had vast natural resources. And their poverty was largely due to over-reliance on Soviet aid and the government's heavy-handed control as local industry gradually declined rendered unable to efficiently or adequately feed itself.
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  24.  @sandroman_04  They're poor by European standards.
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  25. Because of high demand and (government and geography-imposed) low supply.
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  26. LOL. What a bad comparison!
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  27. Mexico is not that poor.
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  28.  @thecomment9489  Not really. Socialism is the father of communism and fascism.
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  29. Exactly.
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  30. But dependent on Western military protection and foreign migrant labor as the locals are too coddled and spoiled to maintain the country themselves.
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  31. But they're not reliant on it to pay their bills.
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  32.  @stvdmc2011  Did those countries antagonize Uncle Sam enough to warrant any sanction?
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  33. F---ing PIGS!
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  34. Albania, Equatorial Guinea, Nicaragua, Honduras, Moldova, etc. would all like a word with you on that.
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  35.  @tomricc69  Hardly. Even with the healthcare costs, the US's cost of living is still relatively low.
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  36. <subsidize them> With money stolen from the private sector through higher taxes.
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  37. There's hardly anything capitalist about those countries as they are de-facto socialist regimes.
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  38. The IMF and austerity measures are just consequences for populist politics and unsustainable economics.
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  39.  @oldskoolmusicnostalgia  Aside from Russia.
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  40. <just look at the USA, top 1% are oligarchs and the rest are slaves,> Hardly as only 11.4% of the population live below the poverty line.
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  41. Ultimately.
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  42. Spain = retirement home for elderly Brits.
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  43. Exactly.
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  44. <The Soviet Union never had an enterprise go bankrupt.> But the whole country went bankrupt.
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  45.  @oldskoolmusicnostalgia  <They have a purely profit-driven agenda and absolutely do not want to invest anything that might improve other sectors of the economy.> Because that's the government's job.
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  46. Mostly by its own government.
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  47. But proved to be inadequate substitutes for freedom in the end as Gaddafi found out the hard way you can pacify the people for only so long.
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  48. But at least they put that oil money to good use.
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  49.  @GoldenBoyDims  Europe had the technology and manpower to carry it out.
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  50. But they're held back by their dependence on the larger nations for their survival.
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