Venezuela Is a Ticking Time Bomb

Real Clear World ^ | 21 Feb, 2017 | Venezuela Is a Ticking Time Bomb

[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.

[lavaroise]

The communist bomb did explode a while ago there... Now it is the fallout

[Huaynero]

Hugo’s daughter is far and away the richest person in Latin America. Last report I recall had her living in the presidential residence. Manuro didn’t lacked the stones to evict her. And she lacked the good graces to simply move.

[Joe Boucher]

past time for the military to take over in Venezuela?
Yep.