Monday, September 21, 2020

Quote du jour

Venezuela is still a wildly rich country. Even at today’s low oil prices, its proven reserves notionally would be worth nearly $15 trillion at market prices, or a little more than a half-million dollars for every man, woman, and child in the country. But that wealth is probably just going to sit there, maybe for decades, while the people are stunted and starving. In fact, that wealth won’t be wealthy at all. It will just be oil in the ground, like gold in the mine.
-Kevin D. Williamson

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