Venezuela's inflation on track to top 1 million percent
As its people continue to go hungry, this part just says it all,
“Socialist President Nicolas Maduro often blames Venezuela's poor economy on an economic war that he says is being waged by the U.S. and Europe.”
“Socialist President Nicolas Maduro often blames Venezuela's poor economy on an economic war that he says is being waged by the U.S. and Europe.”
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Funny how socialists fail to recognize the connection between hard work, productivity, and fiscal health. When the oil facilities began to fall apart from lack of maintenance and people who knew how to keep things running, he kept blaming the no longer present Americans, and Maduro, who is possibly more ignorant than his predecessor, keeps banging the same drum. Socialists never accept blame for their own bad decisions.
It is shocking that the vast history of failed attempts to implement a Chavez type dream are not taught.
You don't even have to understand, just LOOK.
"Oh, but that can't happen here." is the usual idiotic response.
But why? Why do basically normal people just not want to know relevant historical experiences.
Predictable to those of us versed on socialism and the vast history of its attempts at implementation.
Respectfully,
OA
Just a few short years ago, Venezuela was a model growth nation. And nothing has changed except hmmmmm, I wonder what . . .
Subsidies maybe, overtax the productive maybe, don't let prices adjust to reflect reality maybe, free health care maybe, everything the Bernie Sanders fans want and NEED maybe?
Maduro's statement is only half crazy.
I wish the US fedgov would stop the economic war that it is waging on Americans, not Venezuelans.