Wait a moment: billion like in American English and now more in BE, not in Spanish?
Right. $70,000,000,000. (70 millardos.)
Quico, I thought so but I wanted to be sure. That gives 2592.59 dollars per head.
We know how heavy our dependency on oil is. I don't remember the figures, but the national exports are around 80% oil, right? And the state income is over 50% due to oil directly. I would guess most of the rest is due to taxes that come from the sales of such things as whiskey, cars and other stuff. The sales due to taxes on endogenous non-oil-related products must be something like una locha y media.
My point is that even if Chavez has enormously benefited from the oil boom, it won't be enough, it is not enough and the apparent flow of wealth, even if much better distributed, will not be enough...just everyone is expecting it will be his or her turn next...but with these conditions we have of absolute oil dependency the most we will have for decades is a quitate tu para ponerme yo.
And did you see what Chavez said again?
http://venezuela-europa.blogspot...r-why-
dont.html
Ibsen and Barrera should have mentioned in their short bio that Petkoff was Planning Minister under the Caldera government and that he ran for President (unsuccesfully) several times. It's curious that they left this out - it's like nothing happened to him between 1971 and 1998.
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