Quote:
Originally Posted by nomadking
Venezuela had problems long before any sanctions were applied, and mostly the sanctions are aimed at individuals.
The earliest sets of sanctions were terrorism-related(financial support for Hezbollah) and Drug Trafficking-related. Obama then added ones for "Antidemocratic Actions, Human Rights Violations, and Corruption".
Venezuela targeted freebies at the poor without looking at the bigger picture. EG if Corbyn starts forcing companies to give away part of their shares for nothing, then who in their right mind is going to invest in any UK company.
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More Venezuela chat. If Corbyn did this... if Corbyn did that...
There’s no evidence at all that Corbyn intends to follow the same policies. For a start EU membership, or single market alignment and a customs union, would be totally unsustainable. (That would be the Labour deal that will protect jobs, protect the NHS and protect workers rights).
If you read the actual Labour proposal you’ll find out it’s quite boring really. Employees at no point own shares, nor does the state, and the maximum dividend any employee can get is £500 (or about 25p an hour onto their salary for a full time employee).