[detective]

A dozen eggs was last reported to cost $150, and the International Monetary Fund "predicts that inflation in Venezuela will hit 720% this year.

[resistance]

A foreshadow of Obama’s America in ten years.

[EagleUSA]

Only the few at the top EVER benefit from socialism/communism. It is all about totalitarian POWER and CONTROL.

The RATS wet dream.

[RayChuang88]

The possibility of Venezuela turning into a Western Hemisphere version of Somalia may not be so ridiculous after all.

[Opinionated Blowhard]

At a very basic level, Socialism is people wanting to live off of someone else’s money. It needs people willing to work to support others. You end up with a predatory government looking to swoop in and take anything that the productive citizens create, thus strongly discouraging them from producing anything.

[jalisco555]

the International Monetary Fund "predicts that inflation in Venezuela will hit 720% this year

Are you sure the report said "this year" and not "this morning"?

[from occupied ga]

◾President Maduro is doubling down on the proven failed policies and philosophies of "Bolivarian Socialism," while diverting attention away from the crisis -- pointing fingers at so-called "enemies" of Venezuela such as the United States, Saudi Arabia and others.

It's what statists ALWAYS do when their policies fail (as they always do). I have never in my life ever heard a democrat say "We taxed the hardworking too much and spent too much on welfare." Or "Gun control just doesn't work. We need to make it easier for people to get guns not harder."

No, what they ALWAYS say is "We didn't go far enough." I've heard that more times than I can count. Statist logic being if doing x amount of something produces a bad result, then doing ten times x will somehow NOT make things worse but actually reverse the problem.

Or to put it in another way if you're in a hole and digging it deeper, rather than stop digging and fill in the hole, You should keep digging but dig more and faster - somehow this will get you out of the hole.

They ignore the fact that socialism/statism has NEVER delivered on its promises, not even once. And of course the lazy and the stupid believe them. From the results of the 2012 election 51% of the USA belongs to the Dunning Kruger club.

[corlorde]

No, no no comrade, there aren't doing socialism right. The United States can really make socialism work this time! The Dems have it down now!

[dp0622]

Were they Grade A EXTRA LARGE EGGS at least?

I’m moving all my money into Venezuelan bonds. Interest rates must be YUGE!!

Thank God they dont have nukes. Do they?

[LucyT]

[grundle]

A dozen eggs was last reported to cost $150

That's only if yopu believe the official exchange rate. If you pay with U.S. dollars on the black market, it's actually about 1% of that amount.

[Little Ray]

Sooo...
If a dozen eggs are going for $150, why aren’t there convoys of trucks and freighters full of eggs headed for Venezuela? The “invisible hand” is a pretty good provider.
Right - the Venezuelan government would rob any supplier of his goods and profits and Venezuelan money is probably worthless.