Post
Topic
Board Economics
Re: Martin Armstrong Discussion
by
americanpegasus
on 17/09/2015, 04:22:01 UTC
Watching this YouTube video that you posted TPTB of George Galloway owning a University Student, I couldn't help but be moved to believe him.  I *do* believe that Chavez was elected under valid democratic conditions, and *also* that he may have honestly given fair weight to his opponents.  Unfortunately, the population's love of him was too strong.  
  
So what happens next?  Something that most humans would agree is the "right course" (socializing aspects of the country to bring everyone out of poverty) takes its toll on a country's economy, especially when that economy is based on a fleeting representation of generating power that is neither scarce, nor is future proof.  
  
What happens next!?  We know already; it's the future:
"The Thread By Which Venezuelan Socialism Hangs May Soon Snap"
http://www.zerohedge.com/news/2015-01-29/thread-which-venezuelan-socialism-hangs-may-soon-snap  
  
And it only got worse from there:
Venezuela's currency collapse picks up speed
http://www.ft.com/fastft/356181/venezuelas-currency-collapse-picks-up-speed

Venezuelan mobs take law into their own hands, beating and lynching thieves
http://www.collapse.news/2015-09-11-venezuelan-mobs-take-law-into-their-own-hands-beating-and-lynching-thieves.html  
  
Holy SHIT.   Shocked  Shocked  Shocked  
  
This is a long way to fall from a country that championed the power of socialism just a couple of years previous....  
  
Do you believe that this is the fate of the first world as well?  If the hyper-printed Euro and Dollar are a foregone conclusion, especially with our current mandate to support a massive older population with a Social Security fund that can't handle it, and overpriced medical care for people that willfully inflict ailments onto themselves via not exercising and overeating... do you believe that we will also see once prosperous middle and upper class neighborhoods turn into lynch mobs and madness?  Or will the shepherds prevail in transitioning the flock into a system that doesn't price goods and services in energy costs (by substituting artificial scarcity)?