I

On Sun, Jul 28, 2024 at 10:47 AM Charlie via groups.io <charles1848=
[email protected]> wrote:

> Roberts: "Chávez reasserted state control over the state oil company."
> That is, state ownership does *not* equal state control. It's a plain
> truth, isn't it? But the PRC apologists and the obfuscators like Marv shove
> it into the dark when the lamp turns to look at state-owned corporations in
> China.
>

I’m tired of the personal attacks Charlie.  I don’t know how the other
moderators feel.  But no doubt some will agree

Mark


> ---and---
> Roberts: "No country has a larger public external debt as a share of GDP
> or of exports or faces higher debt service as a share of exports." His
> article avoids mentioning the major buyer of Venezuelan petroleum: China.
> Sixty years ago the Soviet Union bought Cuban sugar on fraternal terms
> between two socialist countries, but the PRC has dealt with Venezuela on a
> basically commercial basis. "Venezuela's debt dates to 2007, the era of
> then-President Hugo Chavez, when the country borrowed more than $50 billion
> from Beijing under loan-for-oil deals." (Reuters, Aug. 26, 2022) So much
> for solidarity of the "Global South," for a "global community of shared
> future," yadda yadda.
>
> 
>
>


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