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It was once the richest country in Latin America. Now it’s falling apart
Time Magazine ^ | August 9, 2016 | Iaon Grillo

Posted on 08/10/2016 10:03:22 AM PDT by OddLane

In Venezuela the food lines are only the most visible evidence of a nation in free fall. Known as las colas, the lines form before dawn and last until nightfall, several bodies thick and zigzagging for miles in leafy middle-class neighborhoods and ragged slums alike. In a country that sits atop the world’s largest known petroleum reserves, hungry citizens wait on their assigned day for whatever the stores might stock: with luck, corn flour to make arepas, and on a really good day, shampoo.

“I never dreamed it would come to this,” says Yajaira Gutierrez, a 41-year-old accountant, waiting her turn in downtown Caracas. “That in Venezuela, with all our petroleum, we would be struggling to get corn cakes.”

In the capital’s Dr. José María Vargas hospital, a doctor watched a 73-year-old woman die of kidney failure because the hospital lacked the medicine to perform a routine dialysis...

(Excerpt) Read more at time.com ...


TOPICS: News/Current Events
KEYWORDS: venezuela
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1 posted on 08/10/2016 10:03:22 AM PDT by OddLane
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To: OddLane

Ain’t Marxism grand?


2 posted on 08/10/2016 10:03:53 AM PDT by E. Pluribus Unum (If you are not prepared to use force to defend civilization, then be prepared to accept barbarism.)
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To: OddLane

Venezuela is the result of the socialism that Hillary wants here.


3 posted on 08/10/2016 10:07:17 AM PDT by Blood of Tyrants (Socialism is always just one or a thousand or a million more murders away from utopia.)
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To: OddLane

They finally ran out of other peoples’ money.


4 posted on 08/10/2016 10:08:00 AM PDT by RoosterRedux
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To: OddLane

This is what would happen to America under Hillary or Bernie.


5 posted on 08/10/2016 10:09:21 AM PDT by CyberAnt ("Peace Through Strength")
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To: OddLane

I’ll never truly understand the madness. Even the so called leaders that push Marxism would ultimately be better off in a capitalist system. Belief in Marxism is a mental disorder.


6 posted on 08/10/2016 10:10:35 AM PDT by catbertz
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To: OddLane

the tense is wrong

Venezuela has fallen apart


7 posted on 08/10/2016 10:10:40 AM PDT by bert ((K.E.; N.P.; GOPc;WASP ....Opabinia can teach us a lot)
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To: bert

I bet you can still fly into Caracas and stay in a 5 star hotel


8 posted on 08/10/2016 10:13:42 AM PDT by silverleaf (Age takes a toll: Please have exact change)
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To: E. Pluribus Unum

“...Ain’t Marxism grand?...”

Yep, works every time...to destroy EVERY country it takes over. And Obama is having orgasms as he watches. The worldwide radical left, radical globalists, and drooling.


9 posted on 08/10/2016 10:14:02 AM PDT by EagleUSA
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To: E. Pluribus Unum

Ah yes, but the free crap american whiners don’t care if America falls, as long as they get free stuff on the way down.


10 posted on 08/10/2016 10:14:34 AM PDT by LouAvul (Freedom without responsibility is anarchy.)
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To: OddLane

“We said that Venezuela became the country of the happy poor,” says economist Eduardo Fortuny. “Without really improving their income, he gave them more things. Chavez’s popularity went hand in hand with his public spending.”
==
Yeah, but did they get Obamaphones?


11 posted on 08/10/2016 10:15:19 AM PDT by LouieFisk
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To: CyberAnt

You know, Bernie has a new house. I bet he would be happy to take a few thousand of them in and share his food and space and all...


12 posted on 08/10/2016 10:15:41 AM PDT by Zarro (Tune OUT the MSM. The enemy of our republic.)
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To: E. Pluribus Unum

To the followers of Hugo Chavez, I say “How do you like my sulfur now?”


13 posted on 08/10/2016 10:17:19 AM PDT by Wally_Kalbacken
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To: OddLane

Just copying Argentina:

“In the 43 years leading up to 1914, GDP had grown at an annual rate of 6%, the fastest recorded in the world. The country was a magnet for European immigrants, who flocked to find work on the fertile pampas, where crops and cattle were propelling Argentina’s expansion. In 1914 half of Buenos Aires’s population was foreign-born.”

“The country ranked among the ten richest in the world, after the likes of Australia, Britain and the United States, but ahead of France, Germany and Italy. Its income per head was 92% of the average of 16 rich economies. From this vantage point, it looked down its nose at its neighbours: Brazil’s population was less than a quarter as well-off.”

http://www.economist.com/news/briefing/21596582-one-hundred-years-ago-argentina-was-future-what-went-wrong-century-decline


14 posted on 08/10/2016 10:17:50 AM PDT by ameribbean expat
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To: OddLane

At least all that filthy, evil, environment killing oil is staying in the ground where it can’t cause climate change. Be proud, Venezuelans. We all appreciate your sacrifices on our behalf.


15 posted on 08/10/2016 10:18:27 AM PDT by Hardastarboard (This is the legacy of Hillary Clinton: Death, destruction, terrorism and weakness.)
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To: catbertz
"Even the so called leaders that push Marxism would ultimately be better off in a capitalist system.

The leaders wield power and money and influence, while the population suffers. They are the 1% of Marxists/Communists.

They are going to restaurants and swanky golf clubs and vacation areas while the population suffers.

16 posted on 08/10/2016 10:18:31 AM PDT by aMorePerfectUnion
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To: catbertz
Belief in Marxism is a mental disorder.

Or the manifestation of an evil heart. Some people enjoy watching others suffer.
17 posted on 08/10/2016 10:19:31 AM PDT by LostInBayport (When there are more people riding in the cart than there are pulling it, the cart stops moving...)
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To: OddLane

This article is ironic as Hades when you consider that it’s published in Time magazine - as leftist a rag as you can possibly get.

Of course, “socialism” or “communism” is never mentioned as part of the problem. Rather, it’s implied that Chavez (in hell now) was merely just another dictator who laid the seeds for Venzuala’s problems, not socialism itself, by his personal economic incompetence.


18 posted on 08/10/2016 10:22:59 AM PDT by rusty schucklefurd
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To: OddLane

Amazingly, Time does a pretty good job of laying the blame for this tragedy squarely on Chavez’s Socialism. It goes through in detail how him implemented Socialism and when it failed (like price controls), he relied on spending the oil wealth to cover it up and maintain his popularity.


19 posted on 08/10/2016 10:26:38 AM PDT by Opinionated Blowhard ("When the people find they can vote themselves money, that will herald the end of the republic.")
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To: silverleaf

Maybe so, but can you get back out with all your belongings and yourself.


20 posted on 08/10/2016 10:29:29 AM PDT by SgtHooper (If you remember the 60's, YOU WEREN'T THERE!)
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