Tuesday, December 30, 2014

Venezuela Is On The Brink Of Default

Time: Low Oil Prices Pushing Venezuela Towards Default

WNU Editor: The lineups (see the above video)  remind me of the old Soviet Union .... all this wealth .... but everyone (with the exception of those at the top in government) are poor.

More News On Venezuela's Economic Crisis 

Venezuela Confirms Recession, Highest Inflation in Americas -- VOA
Venezuela's president blames opposition for deep recession -- AP
Maduro blames plunging oil prices on U.S. 'war' vs Russia, Venezuela -- Reuters
Venezuela accuses US of starting oil war to 'destroy' Russia and Venezuela -- Al Jazeera
Venezuela confirms recession, inflation hits 63.6 percent in Nov -- Reuters
Venezuelan 1,000% Inflation Seen by BofA Without Weaker Bolivar -- Bloomberg
Venezuela's milk shortage closes famous ice-cream shop -- BBC
Venezuela behind only Honduras as country with most murders per capita, NGO says -- FOX News
Venezuela Has World's Second-Highest Homicide Rate: NGO -- Huffington Post
Lopez: 'Venezuela on the brink of collapse' -- Merco Press


Jay Farquharson said...

Naw, it's not just the Political Top, it's also the Opposition Top, but much of their wealth is offshore.

Venezuela is sad, because it's the age old battle between corrupt Popualist so- called Socialists, vs corrupt Feudal Capitalists.

Other than the cars, IPODs and IPhones, Marx, Engels, Lenin, FDR, Big Bill Haywood, Mary Jones, Tommy Douglas, would all recognize the conflict.

James said...