Thursday, August 22, 2019

Collapsing 1

It's tough to live in today's Venezuela. The Atlantic summarized it four years ago: 

"Venezuela is now the world champion of inflation, homicide, insecurity, and shortages of essential goods--from milk for children to insulin for diabetics and all kinds of indispensable products. All this despite having the greatest oil reserves in the world and a government with absolute control of all state institutions and levers of power."

Jorge Jraissati was just two years old when his country started on this path of collapse in 1999.  He says, "Throughout my twenty-two years of life, I have seen the intense pain that Maduro’s repressive institutions have inflicted on my family, friends, and community."

He offers not only his professional observations as an economist . . but also his personal observation of the "depth of human suffering" that socialism has caused there. 



For stories of Venezuela's worsening situation, go here.

(cont'd tomorrow)

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