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2016-09-15 Caribbean-Latin America
Venezuela's "Death Spiral"
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Posted by Fred 2016-09-15 00:00|| || Front Page|| [7 views ]  Top

#1 Maduro is strongly urging businesses and farmers to sell their goods at severe losses, forcing shut-downs when the cost of doing business becomes prohibitive.

Always with the socialist "Magic Money" tree. When you remove the value of things, things don't happen.
Posted by Procopius2k 2016-09-15 09:19||   2016-09-15 09:19|| Front Page Top

#2 This sort of thing reminds me of when I was in second grade and the teacher assigned us each to write a limerick involving food in some way. Mine ran:

"There once was a fellow named Sam
"Who would only ever eat ham.
"It happened one day
"That he died away [sic].
"And now his wife eats only ham."

I was never happy with this verse, but lately I see a lot of this tendency in politics as in the final line, namely not learning from others' mistakes.
Posted by Korora  2016-09-15 09:22||   2016-09-15 09:22|| Front Page Top

#3 The usual socialism-statism outcome.
Posted by JohnQC 2016-09-15 10:12||   2016-09-15 10:12|| Front Page Top

#4 That spiral could continue on until there was literally nothing there but dust, dirt, and wildlife and our (alleged) "media" would STILL NOT cover the story--it doesn't fit THEIR narrative.
Posted by Crusader 2016-09-15 10:42||   2016-09-15 10:42|| Front Page Top

#5 The problem many people, including a few R'burgers, have is the "axiom" that the government cares about the people.

In Socialism the system is a success as long as it provides luxury and power for the founders. If in continues to do such for future members of the elite then that's just gravy. It is only for the comfort of the founders that the system is established. Do you really think Obama cares about the future of the Dem party?
Posted by AlanC 2016-09-15 11:17||   2016-09-15 11:17|| Front Page Top

#6 Do you really think Obama cares about the future of the Dem party?

Only in how it will benefit him, AlanC.
Posted by Mullah Richard 2016-09-15 13:26||   2016-09-15 13:26|| Front Page Top

#7 Socialism might work in theory - and there's a lot of that - but it has never worked in practice. Hayek explains why. It's all pretty obvious once you read The Road to Serfdom.
Posted by KBK 2016-09-15 14:13||   2016-09-15 14:13|| Front Page Top

#8 To reword the old Soviet Era Joke: "In Socialism they pretend we have private property and we pretend to be still free."
Posted by magpie 2016-09-15 20:23||   2016-09-15 20:23|| Front Page Top

#9 American socialists appear to really be Trotskyites in sheep's clothing.
Posted by 3dc 2016-09-15 22:34||   2016-09-15 22:34|| Front Page Top

23:10 newc
22:36 Frank G
22:34 3dc
22:26 Grunter
22:22 Shipman
22:15 3dc
22:12 3dc
22:10 Shipman
22:08 mossomo
21:52 Bov Flimbers
21:49 Shipman
21:48 Shipman
21:45 Bov Flimbers
21:44 Frank G
21:41 Bov Flimbers
21:38 Bov Flimbers
21:37 Bov Flimbers
21:34 Bov Flimbers
21:13 SteveS
21:07 Procopius2k
20:51 3dc
20:23 magpie
20:11 Pappy
20:10 swksvolFF









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