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betsy

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betsy last won the day on September 10 2023

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  1. Another socialist bites the dust.

     

    Mass exodus from 'Mad Max violence' in Venezuela: Thousands flee across bridge to Colombia amid desperate hunger and soaring crime following economic crisis

     

     

    Quote

     

    ....... Venezuela once enjoyed relatively high levels of economic freedom, although this occurred under dictatorial regimes.

    And, ultimately, the lesson we learned is that socialism never, ever works, no matter what Paul Krugman, or Joseph Stiglitz, or guys in Spain like Pablo Iglesias say.

    It was very common during the years we suffered under Hugo Chávez to hear these pundits and economists on TV saying that this time, socialism is being done right. This time, the Venezuelans figured it out.

    They were, and are wrong.

     

    http://www.businessinsider.com/venezuela-how-socialism-ruined-country-2017-10

     

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