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Venezuela Economy Close to Collapse

May 15, 2016

The Cubans have trained Venezuela’s president Maduro very well.  Maduro owns the Venezuelan supreme court, so there is no appeal to law.   Shelves are empty.  Businesses close for the smallest of reasons.  Political opposition leaders are murdered.

You run a small business and your employees need toilet paper in the bathroom.  There is no toilet paper because TP is low on the states list of priorities.  The business owner buys TP.. and gets arrested for hording.

Electricity is only available a few hours a day, so refrigerated food is rotting away.  Food and medicine are almost non-existent.

This is Socialism in real life.

World View: Venezuela Economy Close to Collapse as Maduro Orders Jailing of Factory Owners

Source: Venezuela Economy Close to Collapse

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2 Comments leave one →
  1. Greg Taggart permalink
    May 15, 2016 9:23 pm

    Dame Margaret Thatcher said it well ” The problem with Socialism is that you eventually run out of other people’s money”

    Like

  2. May 16, 2016 8:06 am

    I’ll park this here for later- http://www.salon.com/2013/03/06/hugo_chavezs_economic_miracle/

    Like

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