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Reload this Page The Absurd Venezuelan Economy

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  #21 (permalink)  
Old 06-27-2008, 11:56 AM
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Originally Posted by Bourne View Post
If the IMF says that it is then I'll agree that by definition Venezuela is a developing country, and developing poorly.
CALL CNN!!! BOURNE ADMITS HE WAS WRONG!!!

STOP THE PRESSES!!!



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  #22 (permalink)  
Old 06-27-2008, 12:13 PM
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Originally Posted by Donkey Jote View Post
CALL CNN!!! BOURNE ADMITS HE WAS WRONG!!!

STOP THE PRESSES!!!
(As DJ runs off to tell the rest of the kiddies on the playground that he actually got Bourne to admit to using an insignificant label.)
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  #23 (permalink)  
Old 06-27-2008, 01:40 PM
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No matter though. He's damaging the Venezuelan economy, his citizens are tiring of his failures and he is likely to be voted out of office in the next election.
well if that happens you and your buddies are wrong.

He would have to leave quietly. The people like him enough though It will not for a while.
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  #24 (permalink)  
Old 06-27-2008, 01:54 PM
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well if that happens you and your buddies are wrong.

He would have to leave quietly. The people like him enough though It will not for a while.
His popularity is rapidly plumetting because of his mismanagement of the economy resulting in shortages of basic consumer goods.

It's very likely that he'll lose the next election.
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Old 06-27-2008, 01:57 PM
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Originally Posted by Bourne View Post
His popularity is rapidly plumetting because of his mismanagement of the economy resulting in shortages of basic consumer goods.

It's very likely that he'll lose the next election.
Which election are you referring to?
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Old 06-27-2008, 02:23 PM
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Originally Posted by Donkey Jote View Post
Wikimedia Error

I'm cool with Wikipedia's definition.
If you notice on the top of the Wikipedia page you linked, the following two statements let you know that the information you are referring to may not be accurate:
"This article or section may contain original research or unverified claims."
"This article or section is missing citations or needs footnotes."
Anyone who does online research knows that Wikipedia may be a good place to start your research, but should be referenced as a credible source.

Quote:
Originally Posted by Donkey Jote View Post
You'll notice that the IMF lists Venezuela as a developing country.
IMF does not list Venezuala as a "developing country". It lists Venezuela as a country with an "Emerging and Developing Economy".
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Old 06-27-2008, 03:15 PM
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Six of one...
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Old 06-27-2008, 04:07 PM
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Six of one...
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Originally Posted by Donkey Jote
CALL CNN!!! BOURNE ADMITS HE WAS WRONG!!!

STOP THE PRESSES!!!
CALL CNN!!! DONKEY JOTE ADMITS HE WAS WRONG!!!

STOP THE PRESSES!!!
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  #29 (permalink)  
Old 06-27-2008, 04:11 PM
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"Developing country" is a general term. If, in a conversation about Economics, "Emerging and Developing Economy" doesn't say to you that Venezuela is a developing country, then you're a blatant fool.

Go back and insert the "Emerging and Developing Economy" in the original post by Levi...

Quote:
Originally Posted by leviathon435 View Post
OMG, a developing latin American country has some economic troubles, must be the governmnet's fault. Chavez is not perfect, I'll admit it, but let's take the article's concluding sentences:

Let's see if this doesn't make as much sense:

or maybe:


And those are examples from incredibly wealthy countries.
The point remains the same.

You never answered the question, Bourne. What do you consider to be a developing country, and why do you not consider Venezuela to be one?
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Old 06-27-2008, 04:16 PM
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Identifying Venezuela as a developing economy is irrelevant to the fact that it is in decline.
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