Originally Posted By: gman2304
A couple facts...The average income in Venezuela is $4,760 US dollars a year. 80% of Venezuelans live below the poverty line.
I can buy your other arguments about Venezuela or Hugo, but outside of the US, $4760 USD / year is much higher than some other oil producing nations and there are places with more than 80% of their citizens live below the poverty line.
I don't think you'll find too many rich oil producing nations that are not corrupted in Africa, Middle East, and Central Asia.
A couple facts...The average income in Venezuela is $4,760 US dollars a year. 80% of Venezuelans live below the poverty line.
I can buy your other arguments about Venezuela or Hugo, but outside of the US, $4760 USD / year is much higher than some other oil producing nations and there are places with more than 80% of their citizens live below the poverty line.
I don't think you'll find too many rich oil producing nations that are not corrupted in Africa, Middle East, and Central Asia.