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@tyalikankyАй бұрын
Can lake Chad be Megachad again?
@AaronVanWolfenАй бұрын
As a Venezuelan who is living in Denmark, no... The culture towards authoritarianism and entitlement is too strong and the delusion of wealth makes everything worse. -"why we should work if we have oil?" -"why we should pay taxes if we have oil?" -"Why we should invest money if we have oil?" -"Why I should follow laws if I have money?" I remember hearing this bulls**** when i was a child and nothing has changed since. A Republic only works when its citizens know their duties and rights.... but in Venezuela the cultural greed for "easy wealth" and social status is what fuels the dictatorship.
@charlesbranscomb8493Ай бұрын
That's stupid that's what the USA is currently doing
@leoF_0312Ай бұрын
Unfortunately, even Venezuelans in South America, most of them basically homeless, keep saying the same and being arrogant despite their situation
@wisenup4541Ай бұрын
Same thing venezuelans do when they come Trinidad to live they act as they better than us because the country big and have oil and want to talk down to is while being in our country to survive
@AlexM-uz1hgАй бұрын
Well, thanks for making it clear :( Sad, but true.
@doujinflipАй бұрын
Seems very similar in the GCC, where Saudi/Kuwaiti/Emirati/Qatari citizens will end up similarly unproductive and uncompetitive when they finally can't pay migrant workers to do everything for them.
@IloveDoubleDАй бұрын
Sitting on natural resources doesn't make a country great, Having the intellectual ability to innovate and to create a government system that can keep grift and corruption at bay makes a country great.
@charlesbranscomb8493Ай бұрын
You need a smart government for more than a decade to get the country stable and diversify diversify diversify your economy
@leoF_0312Ай бұрын
So Venezuelans are doomed 😆
@doujinflipАй бұрын
It's competent and trusted _institutions_ that are the key, which often happen through establishment in a difficult resource-poor locale. Hence why the modern world generally praises nations like Japan, Singapore, Botswana, and Uruguay over their larger, more endowed, but more corrupt neighbors (China, Indonesia, South Africa, Brazil).
@IloveDoubleDАй бұрын
@@charlesbranscomb8493 Indeed Venezuela is a one horse economy, oil. And it will likely always be. Unless of course you want to include a economy based on tourism. If they can get people to come.
@JuanDeLaRosaTVАй бұрын
It is not about the intellectual ability. It’s simply to have the desire to do so. Most oil tycoons of back then knew they could make money with oil, so they set out to find some and get rich. They were not “intellectually” gifted in any way-they just had the drive, the desire to get rich off of oil
@iippo06Ай бұрын
Nobody is running away from Norway due to oil.
@kzazazazkАй бұрын
Cause Norway doesn't fund 80% of its budget and social services with oil, so when the price drops they still survive. 😂
@dean_l33Ай бұрын
@@kzazazazk Don't they pretty much fund everything from the interest from their oil trust fund
@kzazazazkАй бұрын
@@dean_l33 Nah. It is predominantly a pension fund, so they do use it to invest in local and global businesses but it's not tied to government spending at all. In terms of direct investment the pension fund has nothing to do with it, that's just state and private spending. Petroleum makes up 9 percent of Norway's total economy and they've divested heavily. If oil prices ever did topple they'd still be alright, and if they had to they could vote on liquidating some of the pension fund to maintain social services, but they haven't ever done so before and it takes a massive vote of majority and process, the government can't actually touch it otherwise.
@jenspersson3420Ай бұрын
They have also switched mostly to natural gas rather than oil, the oil fund is there as a plan b as well and to fund the welfare state if need be, fortunately they dont need to. Norway and norwegians didnt get rich until recently and living generations still know that fishing and sheeps are not preferable.
@jyy9624Ай бұрын
@@dean_l33it's retirement money for Notwegians
@basvriese1934Ай бұрын
I still think it's quite funny that overreliance on resource extraction is called Dutch disease, when it happened in the netherlands it was a really minor case compared to many other countries
@ollifrank6255Ай бұрын
Yeah but the name stuck. It an actually only describes the effect on the exchange rate not all what comes with it.
@renaatsenechalАй бұрын
Much like the spanish flue wasn't spanish at all. Only the conditions were there to study it
@TurtleChad1Ай бұрын
I hope Venezuela can free itself from authoritarianism.
@everything373-z3bАй бұрын
They will, sooner or later, let's hope sooner.
@ldavi296Ай бұрын
I hope we do....
@rockstar450Ай бұрын
Once socialist ideology leaves the state, maybe the people have a chance
@HengreАй бұрын
As a Norwegian who has been to Venezuela several times it is heartbreaking to see how different our societies has handled finding oil. Norway has a long history of democracy and equality going back centuries, all the way back to the Viking age and even before. Venezuela on the other hand is a much younger country that has a colonial history with a lot of inequality. Trust between citizens and to the institutions is a key in my opinion. If you compare our two countries Venezuela has much better climate and much larger natural resources. When they day comes that Venezuela once again gets it freedom, building trust and transparent institutions will be the thee key to a better future. For the wonderful people of Venezuela I hope that day will come soon and that they will build a new and stronger future for themselves and their children, grandchildren and future generations.
@tkm238-d4rАй бұрын
Agree with you that the whole socio-political culture makes the ideal scenario less likely. The moment the Chavez system is dismantled, some elites and their ground supporters are just going to get a huge chunk of the goodies.🙄🙄
@rockstar450Ай бұрын
Norway is capitalism perfected
@oppionatedindividual8256Ай бұрын
@@rockstar450 it’s not capitalism perfected.. that would be laissez-faire. Norway is a social democracy as is painfully anti-male.
@rockstar450Ай бұрын
@oppionatedindividual8256 Norway is NOT socialist 🤣 it's a FREE MARKET which allows PRIVATE ownership. The definition of capitalist. It isn't centrally managed except for services (paid for by high taxes) and a sovereign wealth fund. Ask any Scandinavian and they'll tell you their counties are capitalist. Even their universities are privately owned for competition (capitalist competition to promote innovstion). I love how Socialists need to steal capitalism to get a W lol
@342RodryАй бұрын
All south america wants venezuela to be great again, so venezuelans can leave us in peace
@wisenup4541Ай бұрын
What problems they cause In your country
@342RodryАй бұрын
@wisenup4541 organized crime became a common thing, and a terrible culture in general, very annoying and hostiles.
@Joker-no1uhАй бұрын
And the US. They are causing chaos right now. Literally, only Venezuelan and then that makes others look bad because people think it's all South American immigrants.
@kleinenfuchse5365Ай бұрын
😭 how often do you shave your skröppel a year?
@MeowMeow_95_Ай бұрын
@@wisenup4541a bunch of CRIMINALS from Venezuela are coming here! It’s awful!!! STAY THERE!!!!
@whiteuncleruckusАй бұрын
Venezuela is kind of a non island Tropico 😂
@DavidTremblayАй бұрын
I lived in Venezuela for one year in 1986 I was a 16 years old Canadian in a student exchange. I remember distinctly that the gaps between poor and rich was quite large. How the rich were so condescending at the time was also remarkable. I was living in a family whom, before the oil price collapse in early 1980, were going on shopping spree in miami for a weekend then back to work on monday. I remember being dismissed when I saying "your country isn't rich there's so many poor people" by this answer "those aren't from Venezuela they are columbian illegals" Anyhow at this time and being a Venezuelan, I would probably had welcome the Chavez revolution not knowing any better
@tkm238-d4rАй бұрын
Good point that you make about the $$$ gap. For the lower end, it's either the Chavez system that at least gives them some goodies or a so-called free market system where they may get nothing. 🙄🙄
@XxLIVRAxXАй бұрын
And the poor became even poorer and more desperate than ever before. The iron law of oligarchy.
@XxLIVRAxXАй бұрын
@@tkm238-d4rThe poor had plenty of social programs from the 60s and 70s, the economic crisis of the 80s forced public spending cuts, add a failed push to industrialize the country with state owned heavy industry companies that mostly failed and left the country endebted.
@dosmastrifyАй бұрын
That's funny I feel like I hear this line in America too
@fearlesspotato3429Ай бұрын
Well if we're being honest here Venezuela is about the earliest examples of what happens to a nation with cultural diversity. Back in the 1950s Venezuela had some very tight immigration laws but once the military government fell the bureaucrats opened borders and everyone was allowed in, millions of Europeans flooded the country, impoverishing the people and bastardizing the culture, spreading their socialist ideologies and ultimately using poor Colombian migrants as fuel for their socialists Revolution. If you see venezuelan elites there's not one who's family existed in Venezuela before 1960, none. So the Venezuelan socialist revolution was not pushed by venezuelans but by foreigners, both rich and poor.
@cz1589Ай бұрын
Shared and liked. Another example of 'Putins useful idiots'.
@zkittlezthabanditt604Ай бұрын
What? Shared and liked?
@RickGodsАй бұрын
As a Venezuelan there is only one way to make Venezuela greater than ever, we need to belive and get together and defeats our demons for good and thats not going to be easy but the promise land is there waiting to be taken back.
@everything373-z3bАй бұрын
For sure they can, just get rid of Maduro, do not use the oil money directly (use it on investment) and that's it.
@junovzlaАй бұрын
yeah lmao if it was that simple we would've done that ages ago
@nolimit6241Ай бұрын
Yeah but what other dictatorships w americas support was free and liberal 🤔 🤣
@Jorginni08Ай бұрын
Answer: not with Maduro.
@adarretАй бұрын
Thank you for reporting the Lighter/Better Quality nature of the oil from the Starbuck Fields off Guyana, makes more sense now…
@collintrytsman3353Ай бұрын
excellent as always
@michaelericlambert2487Ай бұрын
Your videos are impressive and well-executed. I look forward to seeing more.
@petrbartovsky410Ай бұрын
beautiful work
@mihaiburloiu367Ай бұрын
Brother, the word is 'Venezuelan', not 'Venezuelian'.
@ggvacm4st3r79Ай бұрын
Make Venezuela Great Again
@kleinenfuchse5365Ай бұрын
Arp den schaufel arp den twut?
@crazytootzplays1597Ай бұрын
this was way too funny
@MisterSplendyАй бұрын
Tell us, when was Venezuela ever great???😂
@kleinenfuchse5365Ай бұрын
@@MisterSplendy back in the twutties yes
@kleinenfuchse5365Ай бұрын
@@MisterSplendy SplenTWUT
@bridezilla3758Ай бұрын
Venezuela? Or Venezuelia??
@g4m3r222Ай бұрын
maduro and the communists must go
@dean_l33Ай бұрын
You can just say communist must go
@XxLIVRAxXАй бұрын
Ironically, the Communist Party is at odds with Maduro and several communist are imprisoned.
@dosmastrifyАй бұрын
I like when Hubert narrating
@GainingDespairАй бұрын
Venezuela is a clear example of the resource curse, where a country rich in natural resources finds itself in a tough spot. The wealth generated from these resources reduces the need for citizens to engage in revenue generation. With minimal reliance on tax income, the government often neglects the needs of its people, resulting in a decline in quality of life and stunted economic growth. This situation frequently leads to the establishment of an aristocratic or dictatorial government, as the ruling elite can maintain control without needing the support of the general populace. Ultimately, the principle is that loyalty often depends on financial incentives; when the military and police are well-paid by the ruling party, they are more likely to support that regime rather than consider any other alternatives.
@deviousdevil75Ай бұрын
Nice work Well done
@GHST995Ай бұрын
Ugo Havez really put this country on a path to the stone age. Good luck compadres.
@daniell1483Ай бұрын
Something worth pointing out, Venezuela has a lot of oil, but it is generally of very poor quality. It has a lot of admixture that damages the systems it is used within. So yes, high quantity/low quality oil is what you find in Venezuela.
@ollifrank6255Ай бұрын
I visited Venezuela in in 1999, Chavez just got elected and didn’t implement any of his policies yet and already saw a country in trouble. The country looked like a museum of the US 1970’s with extreme income gaps. Almost no own industrial production as if having oil was enough. But still, the country was in good spirits. Later on, I made Venezuelan friends at work and from neighboring countries that had visited the country. Venezuela was not great at all, except for a few. Chavez election was a mislead response to a bad situation and he and later Maduro then made everything much worse.
@jacobjones630Ай бұрын
Yeah they can wind up like utopian right wing country Argentina!
@XxLIVRAxXАй бұрын
Actually that would be a better starting point than what we got, we have no functioning public healthcare system or education, its de facto privatized.
@sydbius10 күн бұрын
Venezuela could be great with its resources, weather, climate and tropical weather. Could be the leaders of green architecture, green design and biomimicry and bio diversity. So much potential that we probably won’t see it In our lifetime.
@Sven-jx6uvАй бұрын
A sovereign fund like in Norway would never work in any Latin American country. You can save for decades, then a politician will come along and say: "elect me and get free money" and it's gone. The saving for the future mentality is not existent in the culture, and any pile of money laying around will only be a focus center for intense corruption. Best to have bilateral agreements with the West for development of physical infrastructure that will remain with the people.
@ChairmanMeow1Ай бұрын
Blaming oil is crazy. There's only one thing to blame - bad management.
@junovzlaАй бұрын
and the bad management is attracted by the oil because it's cheap money
@amunx1Ай бұрын
Oil is a causality by effect that human nature of greed is more prone to happen.
@HakeemSliverАй бұрын
That voice is powerful Venezuela 🥺
@bobjohnson3940Ай бұрын
In this case, you need the thing that took you out. You definitely need to restart production, but, learn from what happened and expand into other things. The key question is, does this depend on a new regime or not? Probably.
@Gwanzan3325Ай бұрын
Do not mistake the benefits of the era for your personal qualities.
@nicelol5241Ай бұрын
Many people blame the government but its not just their fault but the petrols dependency as well
@GustavoAndresAcostaRomeroАй бұрын
Just for the record, Venezuela has always been slightly fucked. Yea, we've had oil bonanzas, but wealth has never been distributed properly. We're just really fucked up now. I'd say the question is "Can Venezuela ever be great?"
@vulpoАй бұрын
I thought I had bugs running across my screen. 😆
@GreatRetroАй бұрын
I feel so happy for Norway!
@crazytootzplays1597Ай бұрын
I have doubts democracy will return to here.
@GreatRetroАй бұрын
Daaamn, Venezuela had such a BIG chance to revive their Oil sector, wren ruZia attacked Ukraine and the West stoped buying ruZian oil!!! If Venezuela then in 2022 used this chance, they would be way b etter off right now....but seems that they blew it...
@XxLIVRAxXАй бұрын
Maduro is a Putin ally, what do you expect?
@fearlesspotato3429Ай бұрын
The Short answer is "no" The long answer is "Absolutely not lol" Venezuela like all south american nations are what ine calls "colonial cultures" people exists within very strict social classes and people are taught from birth that they were born to be part of said class by an authoritarian detail they chose, often times is race, rarely however is ideology or family. This types of cultures historically only dies through war and struggle, one example is russia how this type of culture only died after ww1 and the Soviet revolution only for decades of safety turned the Russian into a slave once more. But south america has the curse of Peace, geographically too safe, racially too logical, and historically, too unimportant. The perfect place for eternal peace and as a result this culture hasn't died even after their Independence. So the only way for south america to prosper is to be ruled by foreigners, not locals. Or to be destroyed in genicidal wars. A similar Nation to Venezuela and south America in general is Egypt, they have never prospered under Egyptian rule, but have prospered greatly under nubian, greek, roman, persian and arabic rule, never Egyptian. Colonial cultures are not capable of creating wealth on their own, they need better peoples to rule them. Another great example is India, another nation with a colonial culture, and again ni indian local has made india prosper but Afghans, mongols and British have.
@MoNICA-se3gcАй бұрын
With good politicians YES
@LibertyPrime-ur5vtАй бұрын
When a communist runs a country, consider it lost.
@nolimit6241Ай бұрын
Venezuela isn't communist is socialist w a capitalist economy
@XxLIVRAxXАй бұрын
If we get a political transition, the profound institutional reforms that had already been called for in the 1980s and initiate an integration with the West, we have a shot at long term prosperity. That path was denied to us by Chavez and his populist authoritarian rule that unfortunately coincided with the largest oil bonanza that helped him consolidate his regime. At the moment, we have no roadmap to democracy.
@TheHunterOfYharnamАй бұрын
Do a video about the soon to be kurdistan
@Boon2DockАй бұрын
Listen, I just want some cachapa. Ok? Fix the damn economy!
@justinallen122Ай бұрын
Hey meng
@boomba6686Ай бұрын
good time bad time
@nikkobriteramos314Ай бұрын
#nikkobriteramos
@notbochkaАй бұрын
of course, its booming, papasiaa campaign all over the internet hahahah, could be nice if you do a video about lebanon
@wadedeeds1738Ай бұрын
Not hardly
@KemonoFriendsOfficialАй бұрын
Was Venezuela ever great? No.
@ghost.8836Ай бұрын
In the 1950s we were one of the biggest global economies and now look at us in the mud thanks to Maduro and Chávez
@andreylucassАй бұрын
It never was.
@Adam-kj2lhАй бұрын
Dans les années 60 le Venezuela faisait partie des 5 pIn the 60s Venezuela was among the 5 richest countries in the world and even until 2013 it was the richest in Latin America per capita.
@leoF_0312Ай бұрын
2:02 mm🥚s
@IloveDoubleDАй бұрын
It has never been great.
@Adam-kj2lhАй бұрын
In the 60s Venezuela was among the 5 richest countries in the world and even until 2013 it was the richest in Latin America per capita.
@aersn4locsАй бұрын
No
@abcdef-l2c8tАй бұрын
Well, all their gangsters are moving to the USA, so maybe they venezuela can improve in their absence.
@mattdouplesxАй бұрын
Not just USA. All over the America's.
@abraham2172Ай бұрын
Thats complete nonsence. If all the gangsters were gone, crime rates in Venezuela wouldnt be so high.
@Adam-kj2lhАй бұрын
I hear a lot of people in the comments saying that Venezuela was never big, that's not true in the 50s and 60s the country was among the 5 richest countries in the world per capita And even until 2013 it is the richest country in Latin America per capita, I agree about corruption and bad governance have destroyed Venezuela, but we must also add the illegal sanctions of the United States which prevents Venezuela from trading with the rest of the world
@Kenneth_JamesАй бұрын
Why are these guys like Maduro so ridiculous? Why not just get uber wealthy and go live in the south of France or some other beautiful and comfortable place?
@XxLIVRAxXАй бұрын
Power for power sake, there is no replacement for that.
@yohananberrocal4586Ай бұрын
No, Venezuela will never be great again.
@MrLachlan1903Ай бұрын
This comment is too stop sometime getting first.
@G-Man-half-lifeАй бұрын
Venezuela was never great to begin with.
@FKAS8410Ай бұрын
I WILL CONSIDER LEAVING A LIKE TO AID THEEEE ALGORHYTM.
@SayilswtorАй бұрын
Never gonna happen
@ISTP8w9Ай бұрын
Can these guys get someone else to narrate, this guy's accent is too strong and annoying.
@everything373-z3bАй бұрын
Please make a video about Bolivia's future.
@StrykenineАй бұрын
We could export some American greatness to our friends in Venezuela. We're overfull at the moment.
@anonymousperson9735Ай бұрын
Sure let's get a version of the guy who tried to stage a coup in our country. That makes a lot of sense.
@abraham2172Ай бұрын
American "greatness" under Trump😂😂😂
@smartguy360Ай бұрын
only if they get rid of maduro
@steadyashegoes7763Ай бұрын
Why didn't you get into the coming territorial war with their neighbor? Don't you think that will have a big impact on their economy and global politics?
@XxLIVRAxXАй бұрын
There is no incoming war, the armed forces of Venezuela are utterly uncapable of a military operation of that magnitude, its a glorified praetorian guard.
@steadyashegoes7763Ай бұрын
@XxLIVRAxX they may appear to be very weak compared to most forces, but they are much stronger than their neighbor.
@griffenrice2521Ай бұрын
Oooof, I normally like the insights and analysis provided, but talking about South America without mentioning colonization and American imperialism is incredibly myopic. Also, talking about twilighting oil in one breath and then encouraging production in another is insane. Given that this channel has already likened the green energy movement to the opium wars, I'm starting to worry about the turn this channel may be taking.
@amunx1Ай бұрын
@@griffenrice2521 It's more myopic to be in your position. My guess is that you live in USA or any other first world country who has colonized- you can correct me if I'm wrong but I'm sure I'm not. The issue of Venezuela is neither imperialism or colonization (which ended 200 years ago). That's an imposed woke agenda from people living in USA/other first worlds pretending to be know it alls of the current situation in Latin America. You know little to nothing bout it mate.
@worldwanderer91Ай бұрын
Venezuela needs their own version of Trump, not more Leftist nutjobs
@anonymousperson9735Ай бұрын
Sure let's get a version of the guy who tried to stage a coup in our country. That makes a lot of sense.
@leoF_0312Ай бұрын
@@anonymousperson9735 calla opofictor que espera sangre gringa, sentado / chavista
@XxLIVRAxXАй бұрын
Another strongman is not exactly a path to democracy.
@duckface81Ай бұрын
the world is already controlled by the right
@conteleone2631Ай бұрын
comment 4 the algorythm
@dmm118Ай бұрын
Venezuela played around with socialism and got burned