Tuesday, January 27, 2015

President Maduro Suggested The Very Thing That Could Set Venezuela Off

For the 9 months or so Venezuelans have weathered through hyper inflation, goods shortages, and days-long lines to enter near-empty grocery stores without mass demonstrations. But last week, according to Bloomberg, President Nicolas Maduro suggested that the country may have to take one measure that has put hundreds of thousands of bodies in the street protesting in the past — raising gas prices. The oil rich, cash poor country has always given Venezuelans a major break at the pump. Right now a gallon of gas costs $0.2 cents.  More…


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