@manator
Socialism is never the Solution - Nothing‼️
VENEZUELA TIMELINE
1950s: 4th richest country in the world
1976: Oil nationalization
1980s: Stagnation
1989: Looting instigated by socialists
1992: Failed coup attempts by Chavez.
1990s: Economic reforms to restart the economy.
1998: Chavez elected.
1999: Supreme court is packed and constitution rewritten.
2000: Enabling act allows Chavez to govern by executive order. Nationalizations of land begin, followed by major companies.
2002: National strike and failed coup and insurrection against Chavez.
2003: Centralization and purging of institutions. Firing of dissidents from government. Price and currency controls, and massive increases in government spending begin.
2004: Recall referendum against Chavez rigged. Signatories barred from employment and welfare.
2006: Chavez re-elected. Nationalizations accelerate.
2009: Chavez illegally amends constitution to end term limits.
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https://x.com/danieldimartino/status/1818481893538480228
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