Remember the electric crisis?
It’s hard to, right? It seems like forever ago. Two months. An eternity.
What happened? Well, through the ingenuity and wit of Corpoelec’s crack team of engineers and technicians, the underlying problems were finally addressed. A far-reaching structural reform plan was put in motion to allow them to act nimbly, and decades of delayed maintenance were performed through a coordinated national effort. Major resources were devoted to finding a lasting solution to the problem, investments were fast-tracked, equipment was upgraded, the policy framework entirely re-invented…
No, of course none of that happened.
It rained. That’s what happened.
Water fell from the sky over Guayana, and it washed away our electric problems.
Until the next dry season, of course.
The story of Corpoelec is the story of policymaking in our country. When something bad happens, our first instinct is to just wait it out. It’s Maduro’s first response to everything. We still subsidize gas to absurd levels, even though everyone —even Maduro— knows it’s socially regressive, environmentally ruinous and financially unsustainable. We continue to over-value the Bolivar hindering trade, making ourselves uncompetitive and sustaining corruption. Not even the people whose job it is to implement them believe in these policies.
So what are we waiting for? Rain, of course. We’re waiting for oil prices to go up. We’re waiting for something to happen to magically relieve the pressure. As soon as it does, we’ll be happy to go back to of our old ways, living large and enjoying that cheap forex.
Sigma_Orionis wrote:So, you think that our Military just did a "Soft-Coup"? I don't see how that's going to fix anything. Specially when you consider how well have Military Governments (of any political leaning) have worked in the region. The article says that if their speculation is true, the Military will keep Maduro around as a figurehead till they don't need him. Well, I suspect that IF there was a soft coup, it won't be kept under wraps for long, And THAT will greatly increase the foreign pressure for presidential elections. So, either way it's a desperate measure, one that could very well trigger something worse. The funny thing is, NOBODY has reacted yet.
SciFiFisher wrote:Fixing things? Maybe not. Unfortunately, I believe you are correct about military junta's being a tad incompetent when it comes to managing socio-economic changes. What is needed is leadership that is willing to admit that the current variant of "socialism" is not working as intended and make fairly drastic changes to improve things. It's rare for that to happen in any country when things are hitting the crapper.
SciFiFisher wrote:I think the reason nobody has reacted yet is they are waiting to see what can get worse. It's not like things aren't bad already.
Sigma_Orionis wrote:THAT is so common here, that we (predictably) have a saying for that: "Amanecera, y veremos" which translates to "Dawn will come, and we'll see how it goes".
Sigma_Orionis wrote:Not much. We just appointed a Drug Trafficker as head of the National Guard. And, if the rumors are true, the person calling the shots on our Economic Policies is a lunatic. Other than that....
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