Susan Warner writes for The Gatestone Institute (via ZeroHedge), that Venezuela, an oil-producing OPEC state that at one time claimed to be the most prosperous nation in Latin America, “is unraveling at breakneck speed”: A dozen eggs now cost $150, as inflation will hit 720% this year according to the International Monetary Fund. It’s not […]
via $150 for a dozen eggs: Venezuela in 720% hyperinflation death spiral — Fellowship of the Minds
Reblogged on kommonsentjane/blogkommonsents.
Here is a good chance for the socialists in the Democratic Party to experience first hand – how to live under socialism during the unraveling of the country. THEY RAN OUT OF OTHER PEOPLE’S MONEY- which always happens. Any takers?
kommonsentsjane
kommonsentsjane 
Reblogged this on Centinel2012 and commented:
Venezuela is the socialists dream the state owns everything so that it can be free!
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Yes, until they run out of other people’s money. Wish they could take a vote of the Venezuela people and see how they feel now – do they still love socialism?
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Reblogged this on kommonsentsjane and commented:
Reblogged on kommonsentsjane/blogkommonsents.
This is what happens to Democrats and socialism. If socialists understood good economics – they wouldn’t be socialists. You can’t make a silk purse out of a sow’s ear. Young followers of “Bernie” better wake up because you will be burned in the end.
kommonsentsjane
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