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Venezuela

01/22/2019 / By Tracey Watson

Reminder from Venezuela: Inflation is not a natural disaster; it is a man made catastrophe that’s entirely avoidable

Back in February of 1973, inflation in Venezuela was at a respectable 3.22 percent. Those days are long, long gone, however. According to TradingEconomics.com, consumer prices jumped by a staggering 1.3 million percent in Venezuela over the past year. The country is in an absolute economic freefall which at this point looks completely irreversible. Interestingly, […]

12/12/2018 / By Ethan Huff

Maduro to accelerate the final collapse of Venezuela by selling oil in cryptocurrency, a failed Ponzi fad that has already plummeted nearly 90% across the board

The president of the failing socialist state of Venezuela has announced that by the end of 2019, he plans to make all oil trade from the country occur with a new Petro cryptocurrency rather than normal Petro dollars controlled by the United States. President Nicolas Maduro told members of the public on state television during […]

09/18/2018 / By Tracey Watson

40% of retail stores in Venezuela go bankrupt as government mandates massive minimum wage hike that no employer can afford

Just when it seems like things cannot possibly get any worse in Venezuela, they somehow do. A combination of rampant corruption, failed socialist policies, and the 2014 fall in the oil price have already left this formerly wealthy country reeling, pushing it right over the edge financially. At the end of July, Venezuela’s annual inflation […]

06/07/2018 / By Ethan Huff

Collapse of Venezuela perfectly demonstrates what happens when Left-wing governments confiscate everything from productive members of society to REDISTRIBUTE in the name of “equality”

The socialist state of Venezuela is in its final death throes, and one commentator wants the world to know that things didn’t have to end this way. But this is how they always end when political Leftists who love big government are at the helm. And it’s exactly what was foretold in the famous 1957 […]

05/21/2018 / By Tracey Watson

In less than 20 years, the U.S. dollar has lost 80% of its value vs. REAL money (gold)

For those among us who feel safe and secure – perhaps even a little smug – about the value of the U.S. dollar, convinced that a Venezuela-type crash of the currency could never happen in the United States, this article is sure to come as a shock. Gold Switzerland recently reported that in the two […]

05/13/2018 / By Isabelle Z.

First Venezuela, now Argentina on the verge of financial catastrophe

Argentina could soon follow in Venezuela’s footsteps as the country moves toward financial collapse. The peso is dropping while prices rise dramatically, and Argentina has now made the very serious move of entering talks with the International Monetary Fund to seek financial rescue. It’s an interesting step for the country given its history. When Argentina […]

05/03/2018 / By JD Heyes

Socialist America: Nearly half of Americans favor government-guaranteed jobs for everyone

In recent days openly socialist Sen. Bernie Sanders, I-Vt. announced he would propose legislation that would guarantee a taxpayer-supported government job to anyone who needed or wanted one. As reported by The National Sentinel: Seems Bernie thinks everyone ought to have a government job, and ought to make at least $15 an hour doing it. No word […]

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