The situation in Venezuela is grim and not getting any better. A socialist government has destroyed what used to be one of the healthiest economies in the world and turned it into something for which few were prepared. As we get ready for the holidays here in America, with our usual spending frenzies and feasts, Christmas in Venezuela is looking a lot different than it did a mere decade ago. Maybe some of the young people who think socialism is the answer to all our societal woes will read this and realize that this form of government doesn’t work – it destroys all hope.
Cronyism is an affliction that applies to every economic system, socialist dictatorships just experience the rise and fall much faster than capitalist republics. You can look at what happened in Venezuela as a pretty accurate representation of what will happen in America on its present course if you fast forward at 10x speed.
