Iran and Venezuela were once so prosperous, how are they poor now?

Iran and Venezuela used to be rich because of U.S. sanctions, but they were sanctioned by the U.S. for not complying with U.S. wishes, causing their economies to plummet.

Both Iran and Venezuela have very rich oil resources, so their economies were once prosperous. However, due to the intervention and sanctions of the United States, the country's economic development is difficult, and the oil is also sluggish, so it has become very poor.

The domestic management system has been affected, with frequent civil wars and various wars affecting the domestic economy.

Venezuela once developed so well, why is it now a poor country? For countries around the world, the resources are actually money, especially oil resources, and once it has it, it is abundant. Such as Saudi Arabia, Cartier, etc. in the Middle East, and even Abu Dhabi in the UAE, because the GDP per capita is more than $120,000, which can be rich in six professionals.

However, Venezuelan oil is not just Saudi, but why is it so poor now? So much oil in Venezuela, why is it like this now?

After Chávez's death, Venezuela was in the midst of an oil crisis, the domestic economy collapsed, and inflation was rampant. Other industries shrunk, leading to shortages of materials in the queue of the Queen of China. Many people are forced to find food in garbage heaps to increase violence, and domestic diseases are poor.

To make matters worse, Venezuela has been shrinking. In 2016, it shrank by 18. In 2017, he shrank by 16.

A contraction of 16 is expected and the economy as a whole is constantly reversing. The paradox is that Venezuela's oil reserves are close to 2 billion tons, and if there are potential reserves, it surpasses Saudi Arabia, Russia, ranking first in the world. And Saudi Arabia is so rich on oil, but Venezuela is so poor, why is that?

In fact, Venezuela has a serious oil disease. During the Chávez era, in order to gain the votes of potential people, Chávez continued to increase the distribution of oil revenues and completely established a high welfare system based on income. Let people worry-free, consumption is high, and losses are increasing.

As a result, other industries are shrinking, and they are not developing. And this model, when the oil is growing at a high rate, can also keep it. However, as soon as the price of oil ** or follow-up funds is made, then the apparent boom collapses immediately.

Therefore, after the death of Chavez, the international oil price** directly led to the Venezuelan oil crisis**. Let social production be reversed and the people return to poverty.

Oil production. Many people may say that oil prices**, like Saudi Arabia and Qatar, increase production, can't sustain income? This is precisely the weakness of Venezuela, whose output is still declining with the price of oil**.

It's not because I don't want to increase production, but I can't do it. In the past, Chavez made more than 40 technicians and technicians in the oil industry, and then the oil industry did not improve. Other oil production is basically 3 million barrels, and Venezuela doesn't even have 15 million barrels right now.

And it is still decreasing, so the financial crisis is more serious, and you can only borrow money.

Due to the deterioration of relations with the United States, the United States announced sanctions against Venezuela's largest state-owned oil company, because Venezuela has rich oil resources, the largest oil export target is the United States, and this sanction by the United States has undoubtedly dealt a major blow to the Venezuelan oil industry.

There are internal and external factors, and the internal cause is the collapse of its own economic system, coupled with uneven economic development. The external cause is the sanctions of the international leading big brother.

Because Venezuela is too satisfied with the status quo, closed off from the rest of the country, and has no contacts with other countries, it will now become a poor country.

That's because they learned the wrong policy, which led to this kind of thing, and it was also because of the lack of people in the country.

Iran is poor. Although Iran has abundant oil reserves, it is an oil exporter, and it relies on oil exports to make profits from it, and the powerful United States controls its economic lifeline, and even if the oil reserves are large, the return is limited, and there is no money to develop local enterprises, and there is no other income, so it will be economically backward and poor because it relies on oil alone.

Although Iran is very rich in oil reserves, it has not vigorously developed its own country's industrial economy, so it has also made Iran not have a complete industrial system as a support, so it also makes Iran unable to develop an industrialized economy at all. So now Iran's economy is very poor, and it is very normal to be backward.

Natural resources. Oil, natural gas and coal are abundant. By the end of 2019, there were 158 billion barrels of proven oil reserves, ranking fourth in the world, and trillions of cubic meters of natural gas, ranking second in the world.

In 2018, Iran produced 10,000 barrels of oil per day and 239.5 billion cubic meters of natural gas per year.

Other mineral resources are also abundant, and the recoverable amount is huge. 3,800 mines have been proven, with mineral reserves of 27 billion tons; Among them, iron ore reserves are 4.7 billion tons; 3 billion tons of copper ore reserves (average ore grade, accounting for about 5% of the world's total reserves, ranking third in the world; Zinc ore reserves of 100 million tons (average grade of 20%), ranking first in the world; chrome ore reserves of 20 million tons; Gold reserves are 150 tons. In addition, there are a large number of manganese, antimony, lead, boron, barite, marble and other mineral resources.

56 mining species have been mined, with an annual mineral output of 100 million tons, accounting for the total reserves and the total output of global mineral products. <>

How bad is the situation in Venezuela? Some clues can be seen from two news: First, Venezuela announced on April 26 that due to power shortages, in order to save energy, the staff of non-critical departments will implement a two-day work week, working on Mondays and Tuesdays, and resting for the other five days.

It is estimated that more than 2 million civil servants are involved (the total population of Venezuela is about 29 million). Second, on April 27, a number of ** reported that Venezuela now can't even afford paper to print money due to the sharp depreciation of the inflationary currency.

For quality and anti-counterfeiting reasons, the Venezuelan currency "Bolivar" (in honor of Simón Bolívar, the hero of American independence, Venezuela named the currency after him) commissioned the world-famous banknote printing company Denaro of the United Kingdom, Germany's G&D and France's Obero type, of which Denaro accounted for the majority. Denaro recently revealed that it prints billions of bolivars for Venezuela, but Venezuela does not have enough dollars to pay for the printing.

There is no electricity to go to work, there is no money to print money, you can imagine how far it has become. Of course, the reality is even worse. Over the past few years, soaring prices, food shortages, and shortages of daily necessities, including milk powder, and toilet paper, have become the norm in Venezuela, and it is not surprising that the underground black market, riots, and rising crime rates have followed.

The author once knew a couple of Venezuelan journalists who tried everything possible to stay in the United States after studying in the United States, and asked them the main reason, saying that "Venezuela is too chaotic for the sake of their children" -- combined with two years of reporting, I fully understand.

The reasons why Venezuela is poor are as follows:

In the Chávez era, in order to win the votes of the people at the bottom, Chávez continued to increase the distribution of oil revenues, which was completely based on a high welfare system based on income. As a result, the people are worry-free about food and clothing, high consumption, and the deficit is constantly increasing. And because of this, other industries have gradually shrunk and cannot develop because of the lack of capital investment.

Venezuela

The Bolivarian Republic of Venezuela (Spanish: República Bolivariana de Venezuela), referred to as Venezuela, is a country located in the northern part of South America, with its capital Caracas. It is bordered by the Caribbean Sea to the north, Colombia to the west, Brazil to the south, and Guyana to the east.

It is known as the "Land of Waterfalls" and covers an area of 916,400 square kilometers.

The name "venezuela" is actually derived from the Italian word "little Venice", and its allusion comes from the Italian explorer Amerigo Vespucci (Amerigo Vespucci) when he first saw the village of American Indians living on stilts in Lake Maracaibo, and was named after Venice, the water capital of Europe.

Venezuela was originally inhabited by Native Americans. Columbus arrived here in 1498 on his voyage to America. The first Spanish colony was established in 1523.

It became a Spanish colony in 1567. Independence on July 5, 1811. The Federal Republic of Venezuela was established in 1830, renamed the United States of Venezuela in 1864 and changed to its current name in December 1999.

Iran is not a poor country.

Yiran is one of the major economies in Asia with strong economic strength. Iran's economy is dominated by oil extraction, the world's oil and gas power, located in the world's most abundant oil and gas in the Middle East, oil exports are the lifeblood of economic prosperity, oil production capacity and oil exports are ranked fourth and second in the world respectively, is a member of the Organization of Petroleum Exporting Countries. Iran has a well-developed petrochemical, steel, and automobile manufacturing industries, as well as an electronics industry, a nuclear industry, and a computer software and hardware industry.

The Republic of Islam is located in western Asia and is a Middle Eastern country. Iran is bordered by the Caspian Sea to the north-central and the Persian Gulf and the Arabian Sea to the south. Iran is bordered by Pakistan and Afghanistan to the east, Turkmenistan to the northeast, Azerbaijan and Armenia to the northwest, and Turkey and Iraq to the west.

It has an area of about 1648195 square kilometers and is ranked 18th in the world.

Hello Hello it is a pleasure to serve you, the Iranian state is very rich and Iran is one of the richest. Iran is one of the major economies in Asia, and Iran's economy ranks seventh in Asia. Iran has an area of more than 1.6 million square kilometers and a population of more than 80 million, making it a big country in Central Asia, and Iran's underground oil reserves rank among the top in the world.

Iran is bordered by the Persian Gulf and the Gulf of Oman to the south, and Russia and Kazakhstan across the Caspian Sea to the north. The coastline is 2,700 km long.

In fact, Iran's regime has a very special development path, for example, with strong religious characteristics, and it is difficult or impossible to use mainstream or Western standards to measure it.