the Slimes article sluffs over WHY this is happening, casually mentioning “mismanagement” and “bad timing” for oil prices falling, you know, like all of this horrific misery is being causes more or less by bad luck ...
Mismanagement and bad timing are fundamental characteristics of socialism. It builds up over time too. But I gotta hand it to the Venezuelans. They they have perfected the art of mismanagement. And they destroyed their country in a very few years. They did in 4 or 5 years what took the Soviets 70 years to do.