Michael A. Arouet (@michaelaarouet) 's Twitter Profile
Michael A. Arouet

@michaelaarouet

Compounding. Economy & politics, investing, charts and irony. No investment advice. Watch out my impersonators. I’m not on Telegram, Bluesky, Facebook etc.

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calendar_today17-08-2017 11:22:22

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Michael A. Arouet (@michaelaarouet) 's Twitter Profile Photo
Michael A. Arouet
@michaelaarouet

4 months ago

Amazing chart, Venezuela used to be wealthier than Poland. Poland introduced capitalism & free market principles, Venezuela followed socialism. Capitalism makes people wealthier, socialism always ends in bitter poverty and misery. Why are young people so fascinated by socialism?

Amazing chart, Venezuela used to be wealthier than Poland. Poland introduced capitalism & free market principles, Venezuela followed socialism. Capitalism makes people wealthier, socialism always ends in bitter poverty and misery. Why are young people so fascinated by socialism?