Monday, January 19, 2015

Collapsing

That food shortage in Venezuela we read about in October is now even worse. The military has been deployed to protect shoppers and keep some order, while lines at the stores may be half a mile long.



Forbes and Bloomberg both report that the country's economy is on the brink of collapse. Adding to the factors reported last October, it appears that the plunging global price of oil will take them to the breaking point.

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