[p2p-research] fakeness of recovery

[Ryan Lanham]

On 12/29/09, Michel Bauwens <michelsub2004 at gmail.com> wrote:
>
> a few elements:
>
> - five year high sustained growth in Venezuela wi th chronic poverty down
> from 20.2 percent of the population to 11.8 percent between 2002-08 (and
> this after a 30 year rise  of it before Chavez)
>
> I'm insisting on this one, because you seem really the victim of propaganda
> on this one
>
> your talk about collapse really seems specious in view of the spectacular
> achievements cited below:
>
> (of course it's before the meltdown, which affected it like every other
> country in the world)
>
> See: http://www.cepr.net/documents/publications/venezuela-2009-02.pdf



HI Michel,

I do hope for the people who live there's sake, you are right about
Venezuela and I am a victim of anti-left propaganda.  We'll see.  My guess
is that Chavez has burned through his foreign reserves and distributed them
to his poor as social programs.  Whether that shock caused lasting good
things, time will tell.  It seems to have moved the numbers for a time.

Ryan
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://listcultures.org/pipermail/p2presearch_listcultures.org/attachments/20091230/d6de9596/attachment.html>