Thursday, July 30, 2015

Meanwhile In Venezuela... The Socialist Paradise Has Arrived

http://www.zerohedge.com/news/2015-07-29/meanwhile-venezuela-socialist-paradise-has-arrived
As we recently warned, the hyperinflationary collapse in Venezuala is reaching its terminal phase. With inflation soaring at least 65%, murder rates the 2nd highest in the world, and chronic food (and toilet paper shortages), the following disturbing clip shows what is rapidly becoming major social unrest in the Maduro's socialist paradise... and perhaps more importantly, Venezuela shows us what the end game for every fiat money system looks like (and perhaps Janet and her colleagues should remember that).

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