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Comments by "" (@shauncameron8390) on "VisualEconomik EN" channel.
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China only started prospering when it reformed its economic model. The UAE and Qatar are dependent on foreign migrant labor and US military protection
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Like Nicaragua?
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But mismanagement and corruption due to its did far more damage to the Venezuelan economy. It's not the embargo's fault that Venezuela is a one-industry country and is dependent on commodities that can easily be sanctioned.
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@Telencephelon Yes it is true. And those tax-haven states are not independent countries.
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Puerto Rico was done in by its own far-left politics.
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@RonDiani But foreign migrants are not counted in its overall economic statistics.
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There's a reason Spain was among the PIIGS just a decade ago.
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And no mention of Venezuelan mismanagement that allowed the oil infrastructure to crumble necessitating the exporting of oil to other countries for refining as Chavez and Maduro didn't bother reinvesting in the industry.
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Who knew that price control = scarcity and inevitable price increase?
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CharlieHebdo12222 And US military protection.
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Whether it be democratic, national, scientific or just plain ol' regular, the results are the same. Tyranny, poverty, economic stagnation and ruin, genocide, laziness, etc.
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Yet over-regulation is what's killing Canada.
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You forgot Spanish colonization.
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The Philippines make lot of money from remittances.
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Just ask Greece.
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You can thank the Western Left for that.
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@sutapasbhattacharya9471 Hence the high alcoholism and suicide rates.
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So many minerals but no technology or human ingenuity to make any good use of them.
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LOL. None of those countries have laissez-faire capitalism.
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But at least they can you what is a woman.
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LOL.
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That's as long as you keep your mouth shut and take it like a good boy from the Sheik.
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Not really. Much of Eastern Europe consist of small countries yet they're struggling.
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Most of the rich small countries are resource-rich tax-havens.
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London and New York are elite financial centers. Tourism is just another source of income for them.
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And pacified with "free" stuff.
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States can afford to be complacent as they have no competition and they can legislate it out of business.
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Not really other than (D) voters.
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But for every Rwanda, there's Equatorial Guinea, Malawi, Eswatini and Burundi.
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Notice that most of those rich small countries are either tax havens or oil-rich?
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Just ask Cuba.
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@RubyDoobieScoo As if the resources ever belonged to the people or the people know how to put them to efficient use.
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Because with private enterprises, there is some level of accountability.
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@deezeed2817 Same difference as social democracy was a communist idea in origin just like fascism.
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<but not for real people.> That would be foreign migrants as Emirati citizens just sit there and collect a check from the government.
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It's rich, but most of its citizens live outside the country because they can't afford the living costs inside.
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But there are 10's of millions of Americans whose salaries are at or above it.
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But it wasn't the sanctions' fault that Venezuela mismanaged the oil industry to ruin. Chavez went of his own way to fire all the skilled personnel and replaced them with political supporters who weren't up to the task.
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Or Moldova. Or Albania. Or Nicaragua.
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LOL. Argentinians? Really? Argentina = the Spain and Greece of Latin America.
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It's not the sanctions fault most Muslim countries are one-trick pony economies that could easily get shut down from the outside.
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@ThisNinjaSays_ <They come in all shapes and sizes, usually Black and White. They're never Muslims.> Enabled by feminism in Black and White girls' home countries.
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Venezuela did itself no favors with firing its experienced personnel and replacing them with political bootlicks who weren't up to the task along with Chavez decimating whatever private sector the country had with price control and free money.
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How about no?
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The natural resource curse doomed the Spanish Empire and the USSR.
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@bristoled93 Take that up with the President/Prime Minister and Immigration Minister.
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But Spain was one of the first European colonizers and slave-traders.
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Provided by the the larger countries.
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Notice that all the countries in the world that have state religion are either theocratic or communist?
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Singapore is not a Muslim country.
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