New York Times: Venezuela’s Collapse Is the Worst Outside of War in Decades, Economists Say
Butchers have stopped selling meat cuts in favor of offal, fat shavings and cow hooves, the only animal protein many of their customers can afford.
MARACAIBO, Venezuela — Zimbabwe’s collapse under Robert Mugabe. The fall of the Soviet Union. Cuba’s disastrous unraveling in the 1990s.
The crumbling of Venezuela’s economy has now outpaced them all.
Venezuela’s fall is the single largest economic collapse outside of war in at least 45 years, economists say.
“It’s really hard to think of a human tragedy of this scale outside civil war,” said Kenneth Rogoff, an economics professor at Harvard University and former chief economist at the International Monetary Fund. “This will be a touchstone of disastrous policies for decades to come.”
To find similar levels of economic devastation, economists at the I.M.F. pointed to countries that were ripped apart by war, like Libya earlier this decade or Lebanon in the 1970s.
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WNU Editor: What is more shocking to me than the above New York Times report is that many Venezuelans still support this rotten regime. Check out my commentary here .... Why Is Venezuela’s Maduro Still In Power? (April 19, 2019).
5 comments:
For the same reason that half this country still believes that Trump is a Russian agent.
GOP Congressman: ‘Trump Has Engaged in Impeachable Conduct’
but morons here tell us, as does their leader, that the NY Times is fake news
Go get him squirrel.
"President Trump’s Air Force One video trashing Mayor Bill de Blasio may have violated law"
Citizens Responsibility and Ethics in Washington (CREW) is complaining about Trump. He cut a campaign commercial and there was the presidential seal.
GASP!
Squirrels, hacks, geezers, and pornographers were outraged. Outraged, I tell you!
It was especially bad for intersectional people who were both geezers and pornographers!
They were doubly outraged!
But those dirty dogs showed picture after picture of Obama and Hill-of-Beans doing the same thing
But we should still throw Trump in jail for 6 months because Hillary bought an indulgence, Obama is holy and Al Gore has carbon offsets.
Oh wait, carbon offsets is neither here nor there, but Hillary's indulgence still is good!
Squirrel will have to pant hard now to post more links to engage in misdirection.
Left Liberals are pro-HUMAN TRAFFICKING
"Rapid DNA testing reveals a THIRD of migrants faked family relationship with children to claim asylum during ICE pilot of the procedure in Texas"
This program is a clear and present danger to their narrative, policies and ultimately their quest for totalitarian power.
They will kill the program when they get a chance.
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