Posted on 08/10/2016 2:23:24 PM PDT by detective
Venezuela is stuck in a doom loop that's become a death spiral.
Its stores are empty, its people are starving, and its government is to blame. It has tried to repeal the law of supply and demand, and, in the process, eliminated any incentive for businesses to actually sell things. The result is that the country with the largest oil reserves in the world now has to resort to forced labor just to try to feed itself.
It gives new meaning to the revolution devouring its own.
(Excerpt) Read more at washingtonpost.com ...
The stupid people in the MSM praised Chavez and what he was doing.
They are clueless as to why it went wrong.
The irony is... now that socialism has made things REALLY bad... the people will now demand MORE socialism to fix it!
This is exactly what happened during the great depression.
And the result would have been the total collapse of the US had WW2 not come along and bailed out FDR and made it appear socialism could work.
Have hugo’s daughter provided any relief to the peasantry from her billions of $$$$ US?
bkmk
Circling the drain only lasts so long....
It has tried to repeal the law of supply and demand”
Just like every Candidate we in the Media have supported especially and including Obama,Clinton, and Bernie. This is the Result of their Policies which were taken right out of the DNC Platform
of course not! only the evil rich that vote for someone else are expected to pay taxes!
I am shocked. The WAPO actually reporting on the disaster that is socialism. Our radical left will probably complain.
Interesting that I had to go all the way to the end of the article before they finally used the name “socialism”.
Clinton’s first term
All that free stuff is sure getting expensive.
Someone should make a kickass video of the misery there and turn it into a political ad with a caption like this is your country on socialism-Hillary’s America...
A PSA to VOTE for Mr. Trump!
If it got any worse, it would become Ethiopia.
The end game of socialism is always the same. Slavery to the State.
They just need to pass new laws.
Trying to guess the next step of this dance. A cosmetic change in government, perhaps, with Maduro going to ground in Monaco, and an application from the “new” government to the IMF for a nice, juicy cash injection. UN money, maybe. They don’t have anything left to steal inside the country.
It’s already Ethi-Utopia. And it was entirely predictable.
First comes the working in the fields.
Then comes the dying in the fields.
The death spiral is done on purpose. Communists governments destroy their own people to ensure submission. Only the naive pretend they can’t see the problem. it is on purpose.
No mention of socialism in Washington Post.
Why not? Bolivarian socialism is a catastrophic failure.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.