$150 for a dozen eggs: Venezuela in 720% hyperinflation death spiral — Fellowship of the Minds


Venezuela is the socialists dream the state owns everything so that it can be free!

kommonsentsjane's avatarkommonsentsjane

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

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