The failure of socialism in Venezuela

Venezuela has been going downhill for a while now. With excessive inflation, an inability to supply basic goods and services, a lack of foreign currency, the looming threat of a default, extreme violence against any who dare question the government, and criminalization of any civilian-owned weapons perhaps it’s only a matter of time before Venezuela collapses. With massive oil reserves Venezuela is now importing oil. I guess socialism isn’t working out so well. I wonder how much longer Maduro will stay in power?

nicolas-maduro

USA Today-Venezuela, with world’s largest reserves, imports oil

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