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Venezuela Liquidating Assets As Economic Crisis Worsens

m.knox

Well-Known Member
Gold Member
Aug 20, 2003
127,566
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It is sad to watch Socialism fail yet again.... But the silver lining is that maybe it will demand the attention of the "we need more socialism" crowd.

http://finance.yahoo.com/news/venezuela-liquidating-assets-economic-crisis-214144104.html

Here's a quick snapshot of socialism at its finest..... Yeah, we need more of THIS... lmfao.

Venezuela’s GDP could fall by 10 percent this year, the worst economic performance in the entire world. The country suffers from shortages of basic goods, including food and medicine. And inflation is running at around 85 percent, at least according to official estimates, which are likely vastly understating the true inflation rate. Crime rates are some of the worst in the hemisphere.
 
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