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Hugo Chavez's childhood home burned by anti-government protesters

Tuesday, February 14, 2017

How to Solve the Riddle of Venezuela's Economy


Forget Donald Trump. Long before the White House began trafficking in alternative facts, Venezuela's government had cornered the market in magical thinking. You say gross economic mismanagement is wrecking the economy? Nonsense, volleyed President Nicolas Maduro, the disappearance of goods like food and medicine is the work of unscrupulous profiteers. The continent's largest oil producer can't keep the lights on? Stop using hair driers, Maduro says. Bootleggers are shooting it out for a piece of Venezuela's flourishing black market border trade? "Enough of this terrorism," Maduro said, excoriating Colombian paramilitary forces. More…

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