Venezuela: Slow-motion Economic Trainwreak

Author Topic: Venezuela: Slow-motion Economic Trainwreak  (Read 1523 times)

0 Members and 1 Guest are viewing this topic.

Offline Brocke

  • Eleutherophiliac & Drapetomaniac
  • Global Moderator
  • Member
  • *****
  • Posts: 9,784
  • I am not a number, I am a free man!
    • Vimeo page
Venezuela: Slow-motion Economic Trainwreak
« on: April 12, 2016, 07:17:14 PM »

Venezuela is on the brink of a complete economic collapse

The only question now is whether Venezuela's government or economy will completely collapse first.

The key word there is "completely." Both are well into their death throes. Indeed, Venezuela's ruling party just lost congressional elections that gave the opposition a veto-proof majority, and it's hard to see that getting any better for them any time soon — or ever. Incumbents, after all, don't tend to do too well when, according to the International Monetary Fund, their economy shrinks 10 percent one year, an additional 6 percent the next, and inflation explodes to 720 percent. It's no wonder, then, that markets expect Venezuela to default on its debt in the very near future. The country is basically bankrupt...

More: https://www.washingtonpost.com/news/wonk/wp/2016/01/29/venezuela-is-on-the-brink-of-a-complete-collapse/



wearechange - You Won't Believe What We Saw In Socialist Venezuela

VIDEO - https://www.youtube.com/watch?v=UOQb7Y5QVO8
Luke Rudkowski and Jeff Berwick travel down to Caracas Venezuela to give you a report on how people live in socialism. We not only give you a detailed update on life in Caracas but a complete social and economic breakdown of the situation on the ground.



That men do not learn very much from the lessons of history is the most important of all the lessons of history.
~Aldous Huxley

He who has a why to live can bear almost any how. - ~Friedrich Nietzsche

Offline Brocke

  • Eleutherophiliac & Drapetomaniac
  • Global Moderator
  • Member
  • *****
  • Posts: 9,784
  • I am not a number, I am a free man!
    • Vimeo page
Re: Venezuela: Slow-motion Economic Train-wreak
« Reply #1 on: April 17, 2016, 04:45:01 AM »

Last Days of Chavez's Legacy: The Fall of Chavismo in Venezuela

https://www.youtube.com/watch?v=p5ot_ri1Ox8

Venezuela’s December election was an historic moment. After exactly 17 years of dominating the country’s institutions and politics, the United Socialist Party of Venezuela (PSUV) — founded by the late President Hugo Chavez — was defeated at the polls.

The party, and its Chavista allies, was beaten in the congressional election of December 6 by the opposition coalition, which now has enough seats in the National Assembly to challenge President Nicolas Maduro, Chavez’s successor.

Indeed, Ramos Allup, the assembly’s newly elected speaker, declared on January 5 that there would be a change of government within six months. Under Venezuela’s constitution, the president can be removed with a recall referendum.

Other lawmakers have said that they would push for the release of political prisoners jailed under Maduro’s government.

Yet the president remains defiant, responding: "Let them call a recall referendum and then the people will decide.” Maduro has also said that he would veto any prisoner amnesty law.


That men do not learn very much from the lessons of history is the most important of all the lessons of history.
~Aldous Huxley

He who has a why to live can bear almost any how. - ~Friedrich Nietzsche

Offline Brocke

  • Eleutherophiliac & Drapetomaniac
  • Global Moderator
  • Member
  • *****
  • Posts: 9,784
  • I am not a number, I am a free man!
    • Vimeo page
Re: Venezuela: Slow-motion Economic Trainwreak
« Reply #2 on: February 04, 2017, 06:40:06 PM »

The Death of Venezuela. Prepare Yourself Accordingly.

Stefan Molyneux

VIDEO - https://www.youtube.com/watch?v=8YWzNoyoBSk


That men do not learn very much from the lessons of history is the most important of all the lessons of history.
~Aldous Huxley

He who has a why to live can bear almost any how. - ~Friedrich Nietzsche