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The Pub For General Automotive Related Talk |
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25-11-2014, 12:26 AM | #1 | ||
Banned
Join Date: Mar 2010
Location: PERTH. WA
Posts: 4,697
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Wow i just had a squizz at this site,what a spin out!
1 cent us for a litre of petrol in venezuala(government subsidised) haha Really cool to see who pays what around the world. |
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26-11-2014, 08:42 AM | #2 | ||
FF.Com.Au Hardcore
Join Date: Feb 2010
Posts: 1,242
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It doesnt take an Einstein to sell Petrol for 1 cent a litre. All you need to do is subsidise the ***** out of it. You simply run 12 to 15% budget deficits (as percentage of GDP) just like Venezuela does. In 15 years time, the kids of these Venezuelan petrol users will be paying a much higher price (and not just in petrol).
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