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ffatty · 2194 days ago · link · · parent · post: "Venezuela (is) an experiment into what happens when a government declares war on all forms of expertise"
Good read, pretty accurate and insightful. However I don't agree with the author claiming a mistake was that the 'foreign companies who knew what they were doing' were 'forced out'. It's not the worst idea for your people to keep powerful foreign interests out of your oil reserves - the mistake was taking it a step further and nationalizing the industry into a corrupt and incompetent government.