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Wednesday, March 6, 2013

Hugo Chavez: What the Mainstream is Hiding



Hugo Chavez's death is going to radically shift the balance of power in Latin America and the Caribbean but not for the reasons that you are being told on the mainstream media.Venezuela is part of OPEC, a protectionist organization meant to oligopolize the international trade of oil by focus it on the member countries. As for Chavez himself, Venezuela may not have had the resources to engage in imperialism, but he sure as hell practiced economic tyranny at home. Expropriating firms, devaluing currency and unsustainable spending. Sure, Venezuela has the "fairest" income distribution as people get more equal slices of pie, but socialism stagnates the growth of the pie.
NEWS ON BUZZ
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