Tim Knowles
Aug 28, 2017 · 1 min read

Maybe you can do a piece about this one. I don’t think I understand properly.

“You think Venezuela’s problems are proof that socialism doesn’t work instead of proof that America destroys disobedient oil states.”

Yeah, Venezuela’s problems go way beyond failed socialism. Who in America are you accusing of destroying what in Venezuela? Isn’t Venezuela’s problem its debt and the low price of Oil. Venezuela is sitting on a lot of oil but at the current market price Venezuela loses money on every barrel they sell. Their economy was dependent on Oil Revenue and now the Oil sector in Venezuela is a net loser.

Yes, the Frackers in American are killing Venezuela’s economy but so are the Russians, the Saudi’s, the Iraqi’s, everyone pumping oil. Are you saying that that is the deliberate intention of U.S. oil producers to destroy the Venezuelan economy? Could it be Venezuela is collateral damage in a broader Oil War?

TEK

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    Tim Knowles

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    Worked in our nations space programs for more than 35 years