A year ago I
designated oil-rich Venezuela the Caribbean North Korea. My rationale: the very
economic catastrophe Venezuela’s ruling socialists have created has turned out
to be one of their best political survival assets. It works like a charm,
actually. When people are too busy standing in epic queues for scarce milk,
antibiotics and toilet paper, they don’t have a lot of time to work for regime
change. Especially when generals are the regime’s bodyguards. So I reasoned
Venezuela’s loony left would probably be in power for a long time to come. More…
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