Venezuela Minimum Wage Up 3000%... Many Fired!

[Prada 1,200]

Many countries will follow soon.

Romania, Turkey are just example.

[Lord Temptation 11,209]

One word: O I L 

[enigmaunicorn 626]

9 minutes ago, Beytwice said:

yes

 

this happened last month, on 10th August. we got beaten up by riot police, and they used tear gas and tear explosives on civils, on children and women, on everybody

up to this day there is no head of accusations and the corrupt ruling party is trying to "shield" one of the Ministers and cover up any evidence in this case

they are literally mutilating justice laws and nobody can stop them, they change any judiciary that doesn't follow their rule.

it's sad.

Reminds me of Egypt. Has been significantly much more messed up since sisi came. And what boils my blood even more is the delusional people that are supporting him.

[Babel 41,643]

I left my country almost 14 years ago, don’t think I’ll ever go back on a long time. Things have only gotten worse by time. Wishing all fellow Venezuelans to leave that sinking ship before it’s too late for them. 

[Babel 41,643]

10 minutes ago, Lord Temptation said:

One word: O I L 

The irony of one of the richest countries in the world having the worst economic crisis of its history. 

Maybe it’s not ironic at all.

[OBEY 57,109]

@Economy can you tell me if bad things happened in Ontario regarding to 15$ minimum wage ? people losing their jobs etc ?

[Melech 9,900]

43 minutes ago, GagaTheExplorer said:

suicide is an idea that always crosses my mind 

  Reveal hidden contents

and I'm not even kidding 

 

That’s never a solution. It may sounds ignorant, so already apologies, but what about immigrating somewhere else?

[Prada 1,200]

is there anyone willing to take me as a slave or servant? (Australia, USA, Canada, England are my preferences)

im willing to do anything you ask for....

All i want is just food and will work for you for 5 years till i get my citizenship....:)) 

[Lord Temptation 11,209]

53 minutes ago, Vegas said:

The irony of one of the richest countries in the world having the worst economic crisis of its history. 

Maybe it’s not ironic at all.

Having oil can make you America’s friend (Saudi Arabia) or it can make you Americs’s foe (Iran) 

It all depends on whether or not you do what America tells you to do 

[Economy 53,076]

1 hour ago, Lord Temptation said:

One word: O I L 

My Country produces more than Venezuela, in fact we produce more than every OPEC nation exept Saudi Arabia.... We do not have serious corruption issues...

 

Norway which used to be a big exporter before their production started declining was also very good

 

Oil doesn't automatically mean corruption

 

 

[Economy 53,076]

52 minutes ago, Lord Temptation said:

Having oil can make you America’s friend (Saudi Arabia) or it can make you Americs’s foe (Iran) 

It all depends on whether or not you do what America tells you to do 

Canada supplies most of US imports... Saudi Arabia a small fraction these days ever since the shale boom in the US

[Economy 53,076]

1 hour ago, OBEY said:

@Economy can you tell me if bad things happened in Ontario regarding to 15$ minimum wage ? people losing their jobs etc ?

Has been largely neutral. Hasn't created a boom like some in favour said it would from higher incomes at the bottom but it hasn't stopped economic expansion either like those against it said and unemployment remains relatively low and stable

 

First of all it didn't go all the way to $15. It went up to $14 first but the additional $1 increase was due to come in January which the new Government is vowing to block

 

Secondly the Canadian dollar has fallen last couple years so for international businesses especially the increase in real exchange value isn't as huge as it might appear

 

Lastly because the increase was done when economy was strong, you typically get wage pressures anyway when revenues rise and lower unemployment force you to offer more pay for workers. The government simply forced at the bottom what was happening to middle class already. If the increase was during a Recession when wages are supposed to drop I think it would have caused more damage. At least the timing of the increase was pretty ideal

[ARTCHAOS 1,687]

3 hours ago, GagaTheExplorer said:

suicide is an idea that always crosses my mind 

  Reveal hidden contents

and I'm not even kidding 

 

Girl same, but sometimes I get curious about how this mess is going to end and then the thought fades

[Lord Temptation 11,209]

54 minutes ago, Economy said:

My Country produces more than Venezuela, in fact we produce more than every OPEC nation exept Saudi Arabia.... We do not have serious corruption issues...

 

Norway which used to be a big exporter before their production started declining was also very good

 

Oil doesn't automatically mean corruption

 

 

 

53 minutes ago, Economy said:

Canada supplies most of US imports... Saudi Arabia a small fraction these days ever since the shale boom in the US

All countries are corrupt. It’s just less visible and harder to trace in a wealthier economy. By definition the more money you have the more you can spend on hiding or destoying evidence: IT computer security systems, offshore bank accounts, trust accounts, creating holding companies, employing fancy accountants to “cook your books”. All perfectly legal. 

Canada has several attributes that force it to be rich: white, ex-British Empire and a single contiguous border with the US. White English-speaking countries are NEVER poor and never have been poor and probably never will be poor.

If Mexico had as much oil as Canada...wow just imagine the bloodshed. It’s already pretty bad but all that cheap wealth would make it ten times worse. I know Mexico is a racially diversified country with a sizeable “white” population but it’s a Hispanic country: historically all the Latin American states have had political, social and economic volatility and upheaval.

[Economy 53,076]

39 minutes ago, Lord Temptation said:

 

All countries are corrupt. It’s just less visible and harder to trace in a wealthier economy. By definition the more money you have the more you can spend on hiding or destoying evidence: IT computer security systems, offshore bank accounts, trust accounts, creating holding companies, employing fancy accountants to “cook your books”. All perfectly legal. 

Canada has several attributes that force it to be rich: white, ex-British Empire and a single contiguous border with the US. White English-speaking countries are NEVER poor and never have been poor and probably never will be poor.

If Mexico had as much oil as Canada...wow just imagine the bloodshed. It’s already pretty bad but all that cheap wealth would make it ten times worse. I know Mexico is a racially diversified country with a sizeable “white” population but it’s a Hispanic country: historically all the Latin American states have had political, social and economic volatility and upheaval.

Ok about circumstances true. And it is in a very good geographical location. I just meant that it's possible to have a lot of oil and  not mismanage the resources and run nation to the ground

 

think Canada is the only Nation in the top 10 highest oil reserves (were #3) that isn't a hell hole to live in (I think the US is close to top 10 now with the upgrade in "proven reserves" from shale tho)