economics – Andymatic

Venezuela TL;DR

“Oil represents 95% of exports and current low oil prices have plunged the country into crisis: they do not have the cash to keep running.”

“That’s basically like watching Friends and assuming that everyone in the 1990s lived like Ross, Chandler, and Rachel .”

Taxes aren’t only about raising revenue.

“The financial crisis wasn’t just ‘a bubble bursting.'”

“Think about writing a check for $5000, every month, for 12 years.”

“Acts of personal integrity are seen as suspicious veiled acts of self-interest at best, and signs of mental illness at worst.”

“They want us focused on pushing our crumbs around our plate that we don’t notice who the hell has most of the pie to begin with.”

“Most North American schoolkids have likely never seen a living rice plant.”

The forces of globalization (and greed) bankrupt Hollywood’s visual effects studios.

“I don’t think frugality is about not spending, it’s about not wasting.”