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Strategies & Market Trends : World Outlook -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (50402)	1/8/2026 10:24:58 AM
From: Les H	Respond to of 52770

A lot of people seem unaware of the achievements of the socialists in Venezuela 🇻🇪 before US sanctions wrecked the economy. Here's a rundown by the numbers (taken from the United Nations and quoted in my book, "Bad News From Venezuela, 20 Years of Fake News and Misreporting"):… — Alan MacLeod (@AlanRMacLeod) January 7, 2026 The bottom fell out of Venezuela's oil revenues after the US lifted sanctions on Iran and production of crude oil in the US roughly doubled from 2005 to 2014 after they exempted fracking from the Clean Water Act. Venezuela's economy suffered the same type of problems that Japan encountered in the 90s when exports no longer fueled growth. It is ironic that Japan and Germany were once touted as rival to the US economy, and they've both been taken down.