"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
World Socialist Website Neglects To Mention That Socialism Is Killing Venezuela
Submitted by A. Magnus on Wed, 2016-05-11 00:00
"The free fall of the Venezuelan economy has produced an explosive situation with widespread repercussions for the Latin American region. The Venezuelan bolivar has lost 98 percent of its value versus the US dollar since 2013, with inflation rising to roughly 600 percent by the end of 2015. Inflation is expected to double to above 1000 percent in 2016, with the IMF expecting growth to shrink by 10 percent this year after last year’s fall of 8 percent."
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