Huayna Capac357
Deity
No, I don't like Venezuela's model. As I said, it is entirely dependent on oil sales, which must stay about $74/barrel to remain economically sound. It is around $55 or so now IIRC, and has been down for some time. He needs to get a basis for his economy quickly, or he won't be able to afford his social programs. Those programs, however, are doing real wonders for the vastly impoverished, illiterate, and insalubrious population. I like Chavez himself, though, even if he is a tad bombastic.
What do you think would be able to give Venezuela a sustainable source of income?
Also, I like your use of the word "insalubrious."
