Terry Carl
👤 Speaker
73
total appearances
Appearances Over Time
Podcast Appearances
Planet Money
Chevron, Venezuela and the Paradox of Plenty
He sees these indigenous people living in houses on stilts.
Planet Money
Chevron, Venezuela and the Paradox of Plenty
And he says, my goodness, it looks like Venice.
Planet Money
Chevron, Venezuela and the Paradox of Plenty
And he calls it Little Venice, which is what Venezuela means.
Planet Money
Chevron, Venezuela and the Paradox of Plenty
Venezuela is an agrarian country.
Planet Money
Chevron, Venezuela and the Paradox of Plenty
It exports one thing.
Planet Money
Chevron, Venezuela and the Paradox of Plenty
The news that Maracaibo has oil trickles out and there's a huge rush of primarily U.S.
Planet Money
Chevron, Venezuela and the Paradox of Plenty
I'm pretty sure.
Planet Money
Chevron, Venezuela and the Paradox of Plenty
That's what they tell me anyway.
Planet Money
Chevron, Venezuela and the Paradox of Plenty
That's what they tell me.
Planet Money
Chevron, Venezuela and the Paradox of Plenty
And the argument I made is that oil states are different from all other states.
Planet Money
Chevron, Venezuela and the Paradox of Plenty
So Venezuela loses its entire coffee markets.
Planet Money
Chevron, Venezuela and the Paradox of Plenty
They lose it entirely.
Planet Money
Chevron, Venezuela and the Paradox of Plenty
And what replaces it?
Planet Money
Chevron, Venezuela and the Paradox of Plenty
The export of oil.