Category Archive: Socialist Venezuela

Jan 29

Ten Years after Venezuela stole the assets of major oil companies, its socialist government now begs for privatization

Just 25 years ago, Venezuela was the richest and healthiest country in all of Latin America. Then Venezuelans voted for socialism. As government trusters cheered worldwide, the Venezuelan government began expelling private businesses, stealing their assets and shutting down freedom of press. the property and development projects of Exxon, Conoco and other oil companies were …

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