Venezuela has definitely become the den of a big bad wolf
wearing blinders that prevent it from seeing the economic and social disaster
it has plunged the country into. Coming right out of its big mouth are serious
issues such as general shortages, soaring inflation, an extreme distortion in
exchange rates that range from the privileged Bs.6.30 per dollar to the
unrealistic and unpayable Bs.600 per dollar eating away the international
reserves, including the savings in Special Drawing Rights (SDR), out of which
there are only $1.28 billion left. Meanwhile, Venezuelans are in a state of
shock, all scared due to the uncertainty of not knowing how much longer they
will be able to continue to cope with the shortages of food, medicines and a
wide array of goods essential for their survival. More… 
Tuesday, July 14, 2015
The 'Blinders' of Communism in Venezuela
Venezuela has definitely become the den of a big bad wolf
wearing blinders that prevent it from seeing the economic and social disaster
it has plunged the country into. Coming right out of its big mouth are serious
issues such as general shortages, soaring inflation, an extreme distortion in
exchange rates that range from the privileged Bs.6.30 per dollar to the
unrealistic and unpayable Bs.600 per dollar eating away the international
reserves, including the savings in Special Drawing Rights (SDR), out of which
there are only $1.28 billion left. Meanwhile, Venezuelans are in a state of
shock, all scared due to the uncertainty of not knowing how much longer they
will be able to continue to cope with the shortages of food, medicines and a
wide array of goods essential for their survival. More… 
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