Oil didn't wreck Venezuela's economy. Socialism did.

[m.knox]

Capitalism is lifting Cuba out of despair while socialism is putting Venezuela in despair.....

"We need more socialism"......... Today is not a good day for the board jester.....

http://theweek.com/articles/606693/oil-didnt-wreck-venezuelas-economy-socialism-did

But while unleashed capitalism can have unseemly side effects, no policy produces the kind of sheer economic devastation that authoritarian socialism does. Sadly, Venezuela gives us yet another example.

 

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