Posted on 04/03/2016 4:27:06 PM PDT by MtnClimber
nezuela is, once again, in the throes of a full-blown electricity crisis. Citizens complain of unannounced blackouts are shutting down factories, forcing shopping malls to close early, and otherwise wreaking havoc on an already-sputtering economy. The crisis is so severe that President Nicolás Maduro has curtailed working hours for government workers. Last week he even extended the Holy Week holiday to reduce power usage.
And Venezuelans are preparing for even worse news. Many are anxiously monitoring the dwindling water supply of the enormous Guri dam, which supplies roughly half of the country’s electricity. Experts are predicting that, as soon as next week, water levels will reach such a low level that the turbines will have to be shut down. If that happens, the electricity crisis will turn into a catastrophe.
As Venezuelans await the fate, they must be wondering whether their country’s electricity supply will outlast its incompetent government. Because even though the imminent shutdown of the Guri dam is the result of a drought, it’s the socialist government’s incompetence — manifested in myriad fashions — that is the root cause of the energy crisis.
(Excerpt) Read more at foreignpolicy.com ...
You’d have to figure when a country runs out of toilet paper their demise is not that far away. I’ll bet the next shortage will be for candles.
Technical solution is relatively simple, allow foreign companies to invest in construction of gas fired power plants that could be built quickly, and allow them to charge market rates.
Politically, it would be an admission of defeat for socialists ruling the country.
Things will have to become much worse for majority of folks supporting Maduro, before they decide to ditch him.
“When toilet paper is a luxury good, you have achieved socialism.”
Damn! That Socialism sure works great doesn’t it?
Ain’t communism grand. Coming to Merika soon.
“looted the country”? Hilterbeast is planning that here.
Communism always works. Ask the Norks.
And this workers paradise is a good example of what Bernie, Obama, Hillary and the whole of the DNC wants to do to America.
Didn’t maduro get voted out? I guess he just refused to leave?
Seems it’s gotten so bad already that they cut off the “V’’’ and the first ‘’e’’ in their countrys name.
Once those companies get the infrastructure repaired and the electricity running reliably, then it will get nationalized because the rates are too high for the oppressed people.
Yes, they put the first in fancy letters that are not text. They didn’t copy and I did not notice.
Socialism in action. Are you paying attention, Bernie? No, of course not. It’s always “This time it will be different”.
No, but his party lost the majority in the legislature. He is up for election this fall.
Hmmm...could it be...socialism? /churchlady
Maybe South America should stop being idiots and embrace civility and education.
Wait till summer
“This is what awaits us if Sanders is elected.”
Even if he isn’t elected...we are failing...the nation is collapsing as we watch.
Thank you for the ping Roos. And thank you for filling in for Kart.
I fear you are right. The GOPe are no better than the 'RATs. It is sad that there are only a handful of national level politicians fighting against the destruction.
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