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What the hell is Bolivia doing?
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| Lira |
I don't know how much coverage this has been having abroad, so here's a summary:
We're Bolivias greatest investor and biggest costumer (having little opportunity to sell to other countries), and we're having elections in Brazil this year (so we might shift back to the right): why would Bolivia do this? Are they actually shooting their own foot? |
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| Sunflower |
| I've heard absolutely nothing about this in the U.S. media :p Perhaps their leaders are just getting a little more nationalistic or perhaps even isolationist? It does seem a bit strange though. Is this decision the best thing for Bolivia, at least short-term-wise? |
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| Lira |
| Well, it makes them feel they own their resources now, and that's something the Bolivian population wanted, but at what cost? |
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| InterMilan31 |
| Dont Bolivans hate their crazy presidente :p like the Iranian youths or is that just US propaganda? |
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| Q5echo |
| quote: | Originally posted by Lira
Are they actually shooting their own foot? |
sounds like that little commie is going Deng Xiaoping on your ass. sucks. |
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| Lira |
| quote: | Originally posted by InterMilan31
Dont Bolivans hate their crazy presidente :p like the Iranian youths or is that just US propaganda? |
He's just been elected, actually, after 2 other governments were overthrown by the people. He represents the poor majority of Native Bolivians, fighting against the opression of the white minority.
In other words, they've gone berserk :p |
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| metalgearsolid |
| Bolivia is ing me up on the stock market. My total lost has been 16.94% thanks to Bolivia and because I did a bad job selecting stocks. |
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| Shakka |
| Bolivia's new president lines up with Chavez in Venezuela and a potentially more hostile Ecquador. He has said he will nationalize the country's resources among other things. Bolivia is squarely anti-U.S. right now. In the long-run, this guy is probably shooting his country in the proverbial foot. |
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| Lira |
| quote: | Originally posted by Shakka
Bolivia's new president lines up with Chavez in Venezuela and a potentially more hostile Ecquador. He has said he will nationalize the country's resources among other things. Bolivia is squarely anti-U.S. right now. In the long-run, this guy is probably shooting his country in the proverbial foot. |
I wonder how it would affect Brazil, considering that we certainly wouldn't shift to a radical left, given the fact the left has become weaker here during Lula's government. |
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| Lira |
| quote: | Originally posted by Nou
More power to Bolivia! |
Please elaborate :conf: |
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| Lira |
| quote: | Originally posted by Nou
Foreign countries use their land and little money is returned to them for use of their land.
Nationalizing their gas fields is a good move for the as in the long run it will provide them with the total control of profits from the export of natural gas. |
Ideally, it would be a good move if there weren't certain flaws:
- Their biggest ideologic allied now (Venezuela) has no need for their gas. Therefore, they won't profit from Venezuela.
- Their biggest trading partner and investor(gas wise) was insulted (Morales said Petrobras was involved in smuggling and illegal actions without having any proofs), and Bolivia only took a more moderate stance after Brazil threatened to call its embassador in Bolivia back (Morales then said he wasn't sure about illegal actions, and would investigate such claims). Had the Brazilian embassador in Bolivia left, Bolivia would need to find another big industrialised partner to sell three quarters of its gas. Not to mention that we are Bolivia's second greatest trading partner (the US being the greatest) [source].
- After such impulsive behaviour, Bolivia will hardly attract investment for quite a long time, jeopardising the process of South American integration. Even the construction of a giant oil pipeline crossing South America is now not well seen in Brazil.
The worst problem here is not just what happened, but how it happened. |
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