Skip to main content

View Diary: Chomsky on the Economic Crisis (53 comments)

Comment Preferences

  •  Venezuela is in decline. (1+ / 0-)
    Recommended by:
    iRobert

    Their economy is in a tough spot, and it'll get worse unless they make some drastic changes.  

    We are building a team that is continuously being built. - Sarah Palin

    by burrow owl on Tue Feb 17, 2009 at 06:29:53 PM PST

    [ Parent ]

    •  Eh, Where Isn't In A Tough Spot? (4+ / 0-)
      Recommended by:
      ScienceMom, ganymeade, Anorish, JesseCW

      Brasil? Venezuela and Iran's economies are dependent on oil, and suffering accordingly at this moment. But that doesn't mean that Venezuela is actually functioning, and parts of Brasil and other developed nations are far worse than Venezuela. Live in Ciudad Juarez or Chihuahua for a day and tell me Caracas isn't better?

      That is all. Individually, I wish you the best, but collectively, my dearest hope is to outlive you - groovetronica

      by Nulwee on Tue Feb 17, 2009 at 06:32:53 PM PST

      [ Parent ]

      •  Bingo. (2+ / 0-)
        Recommended by:
        Nulwee, JesseCW

        Let the mega banks fail, restore depositors, and watch smaller, regional banks flourish! NO BAD BANK! (for the love of God, Barack, it's not that hard!)

        by Paul Goodman on Tue Feb 17, 2009 at 06:38:52 PM PST

        [ Parent ]

      •  Caracas is nicer. (1+ / 0-)
        Recommended by:
        fladem

        Venezuela, generally, is nicer.  But Brazil is stable and growing a production based economy.  Venezuela has an unstable, commodity based economy that is not growing.  Today Caracas seems nice, but twenty years from now Caracas will seem a bit like Detroit to Rio's Charlotte.

        •  Brasil is a Massive Country! (0+ / 0-)

          you can't even compare the two. Venezuela does not have the strength of demographics, the sheer resources, the sheer land, the agricultural and mining and forestry possibilities that Brasil enjoys. You're comparing Alaska to California.

          That is all. Individually, I wish you the best, but collectively, my dearest hope is to outlive you - groovetronica

          by Nulwee on Tue Feb 17, 2009 at 06:43:57 PM PST

          [ Parent ]

          •  Somehow (0+ / 0-)

            South Korea, Singapore, Taiwan, Poland, the Czech Republic,and Chile have made do with little or less than Brazil or Venezuela.  And the UAE has done a better job of diversifying out of their oil economy by far, to the extent oil and natural gas now only make up 6% of their GDP.  And, by the same token then, comparing Rio to Caracas is not really fair, right?

      •  Or For That Matter, Compare It To Columbia. (2+ / 0-)
        Recommended by:
        JesseCW, Larsstephens

        That is all. Individually, I wish you the best, but collectively, my dearest hope is to outlive you - groovetronica

        by Nulwee on Tue Feb 17, 2009 at 06:44:16 PM PST

        [ Parent ]

Subscribe or Donate to support Daily Kos.

  • Recommended (149)
  • Community (71)
  • Baltimore (68)
  • Bernie Sanders (49)
  • Freddie Gray (38)
  • Civil Rights (38)
  • Elections (27)
  • Hillary Clinton (27)
  • Culture (24)
  • Racism (23)
  • Education (20)
  • Labor (20)
  • Media (19)
  • Law (19)
  • Economy (19)
  • Rescued (18)
  • Science (16)
  • 2016 (15)
  • Politics (15)
  • Riots (14)
  • Click here for the mobile view of the site