Venezuela president declares ‘economic emergency.’ Sounds like a way to declare yourself President for Life. Create great shortages of everything, economic mayhem, declare an economic emergency and take over. Toss the people some bones and they’ll sit down and shut up. Kinda reminds us of Obama. Is the elimination of the middle class and the stock market dump the beginning of this? President for life?
This post was last modified on January 26, 2021
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I like the part about how the socialists decided to declare this "emergency" after getting their butts kicked in the last election.
"Everyone will now wear there underwear on the outside . . ."
This sounds like an update to business as usual for Venezuela.
Socialism is always in a state of 'economic emergency'.
It constitutes an engineered economic emergency.
Running out of other people's money will do that.
"Venezuela has the world's biggest known oil reserves but the big fall in crude prices over the past year and a half has slashed its revenues."
Not the 100% failed economic system of socialism. It is always someone, something, or some outside force that causes totalitarian state governments to fail...NEVER the core ideology.
That may work in Venezuela, but if Obama tries that, I doubt he'll make it to November.