Posted on 11/05/2016 6:52:36 AM PDT by C19fan
To paraphrase noted economic expert Obi-Wan Kenobi, many of the truths we cling to about currencies really do depend greatly on our own point-of-view. Take Venezuela. The good news is that, if you look at it over a long enough timeline, its currency hasn't changed much the past month. The bad news, though, is that's because it's gone from being almost worthless to almost entirely worthless. And the worse news is that it's actually lost over a third of its value during this stretch.
(Excerpt) Read more at washingtonpost.com ...
Less currency should die.
More leftists should.
And how will they pay for it? With more Bolivar’s??
I feel great sorrow for the good honest Venezuelans that tried to prevent Hugo Chavez from ruining their country.
But now I want the Chavistas to suffer incredible pain and hardship. They brought this ALL on themselves.
In the same way, I also want the stinking liberals in the USA to suffer greatly. They voted for the ObamaCare dog pile and now have to eat it. Just wait until welfare collapses. You haven’t seen anything yet.
Sean Penn and the rest of the celebritards who cheered the commie takeover should be made to dispense their personal wealth to the Venezuelans and forced to live there.
For a minute there, I thought Jose Valenzuela was dying.
Might become collectibles someday. Buy some and gift them to your kids.
Commodities like oil and drugs and guns are the currency of the Venezuelan apparatchik. They also dabble in the laundering trade.
Coming soon if Hillary gets elected to the USA...
Welfare does not collapse alone and the people won't just starve they way they did in the Great Depression.
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