Before this deal, Venezuela was only making about 10 billion a year off their oil. Now with this deal, they will be making 200 billion.
That's money that can go into their nation and their poor.
What's wrong with you progressives?
#29 | Posted by subliberal
What's wrong with us is we care about facts, whereas you morons just swallow propaganda:
The Baseline ($10 Billion): This part is roughly accurate for Venezuela's recent annual oil revenues. Due to years of sanctions, mismanagement, and deteriorating infrastructure, Venezuela's oil export revenues hovered around $10B"$15B annually over recent years.
The $200 Billion Figure: Venezuela will not be making $200 billion a year. According to statements from the Venezuelan government, the agreement"which spans a 25-year bilateral project (or up to a 100-year concession for specific fields)"is projected to generate roughly $209 billion in total cumulative tax and revenue for Caracas over the multi-decade life of the deal, not per year.
You compared 10 billion a year due to our crippling sanctions, vs 200 billion over decades if they let us rip them off.
She's got blood flowing from her eyes, flowing from her....everywhere.