Posted on 03/31/2017 3:23:42 PM PDT by MtnClimber
Over the last two decades, the now-deceased Hugo Chavez and his handpicked successor, President Nicolas Maduro, have wreaked havoc in Venezuela. Socialist economic policies and government corruption have destroyed a once-thriving economy sitting on the world’s largest oil reserves.
For the past 21 years, The Heritage Foundation has published its annual Index of Economic Freedom, which looks at the economic freedom of countries throughout the world. In that period of time, Venezuela’s score has declined the most out of any country, going from 59.8 to 27.0 (on a scale of 1-100). It is now in second-to-last place, right behind Cuba and better only than North Korea......
Mismanagement of the economy has created a humanitarian disaster beyond comprehension. The capital city of Caracas is now the most dangerous non-war zone in the world, with 120 murders for every 100,000 residents. Venezuelans live in fear knowing they are more likely to be kidnapped in their own country than are the citizens of Afghanistan, Colombia, Iraq, Lebanon, and Syria.
To combat the epidemic of food scarcity, the government put the military in charge of the country’s food management and distribution systems. Yet that only seems to make matters worse. The AP recently reported that the military is taking advantage of the country’s food shortages by profiting from food trafficking.
(Excerpt) Read more at realclearworld.com ...
Do the democRATs really want to perform this same experiment on society with the USA?
Do the democRATs really want to perform this same experiment on society with the USA?
Recall that initially, Chavez was all about helping the Poor. Now, almost everyone is poor. Except a few cronies of the Regime.
The free s#!t army is getting a real education in Venezuela. They are learning after the free s#!t is all used up there’ no s#!t.
yes
It’s what liberalism is all about. Socialism followed by a dictator.
Tis really a very sad plight. Looks like the system of economic prosperity has failed them. Maybe Cuba can help, or North Korea.
Socialist economic policies and government corruption have destroyed a once-thriving economy sitting on the world’s largest oil reserves.
I forgot about the Chavez daughter with billions. Living in Switzerland if I recall.
Dies it really matter if a Time Bomb ticks?
If Maduro has survived all this, he probably isn’t going anywhere.
The Burn should go down there and stay until he achieves UTOPIA. Krugman too.
"Communism" is a con game. It's only purpose is to be used as an excuse for a new group of "elite" to seize power and enrich themselves while they make sure everyone else is "equal" economically.
Foolish people don't catch on to the game because they are stupid and ignorant.
Californzuela is next.
The man is a tyrant. and our oil interests are at stake too. I’m glad Trump admin. is paying more attention than Obama
I wouldn’t call it a time bomb. I would call North Korea a time bomb. Venezuela is more like a rotting corpse.
That’s how you can tell it’s a time bomb.
Didn’t you ever watch cartoons? Or MacGyver?
You said; “I wouldn’t call it a time bomb. I would call North Korea a time bomb. Venezuela is more like a rotting corpse.”
FR needs a like button
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