I believe 10 years from now, Venezuela would be much better, i wouldn't be making the decision to move there if it had a bleak future. Chavez will be out in the next few years.
I see very little reason for such optism. Even though venezuelans first voted to not allow infinite re-elections, Chávez eventually had it his way. He can technically stay in power for decades, and I think he will, unless he is killed. As for Venezuela getting better... just wait and see how these next two years will be like for the country. You'll understand what I mean.
Chavez is using that oil money not on himself or his party, he is using it to build roads, make Caracas have one of the best transit systems in the world, build bridges, help the poor, put a patch on the Education and health systems etc. Very un-dictatorship like imo. Ounce Chavez is gone, and no dictator comes in, Venezuela will have a period of growth.
Those are alot of wrong assumptions, right there. Venezuelan infra-structure is worse than ever. A bridge in a highway connecting Caracas to the main port actually collapsed. One of the best transit systems in the world? Man, go there and see for yourself just how far off that is.
Inflation is out of control. Oil production is decreasing because he sacked all competent employees from PDVSA and filled it with incompetent and corrupt chavistas. Now that oil prices are falling, he will be forced to print money to maintain at least the facade of his social programs that buy his popularity among the very poor. Inflation will skyrocket, killing the purchasing power of the poor venezuelans who will depend even more on government handouts.
Industrial output in Venezuela has decreased quite alot since the caudillo seized power. Basically, that country is going to the sewer. I wouldn't want to be there for the next years.
Also, there is no paranoia against foreign companies like in dicatorship and communism, there is still tons of foreign companies in Venezuela, just not in the industrial department. Venezuelan companies are doing all the things that American oil and resource companies would be doing if they were there, except the profit stays in Venezuela, not go to America. (See the Congo, New Guinea and Borneo as examples of what i mean)
First, nobody knows what you mean by Congo, New Guinea and Borneo. Why can't you look at the many developing nations that embraced american and foreign investement in genereal and prospered more than Venezuela can dream?
Second, the paranoia is there. Chávez keeps nationalizing key companies, and when the owners complain they are called american spies and worse.
Paranoia against foreign companies would be like how Coca-Cola wasn't in communist countries, and we had the cheap Russian knock-off of Cola instead. Venezuela has compainies like Coca-Cola, rather then a Venezuelan knock-off.
that is what i'm trying to mean, basically they allow foreign companies in, that don't take advantage of Venezuela.
Companies don't take advantage. They sell a product, buy it if you want to, work for them if you want to. They are subject to the same laws as local companies, pay the same taxes, etc.
This is ridiculous!
