Silver as an investment

Category Archives: Left-wing populism

How Socialism Ruined Venezuela

Authored by Rafael Acevedo & Luis B. Cirocco via The Mises Institute, In order to understand the disaster that is unfolding in Venezuela, we need to journey through the most recent century of our history and look at how our institutions have changed over time. What we will find is that Venezuela once enjoyed relatively […]

Actions Have Consequences! Ask Venezuela

Authored by Bill Bonner via InternationalMan.com, Let’s turn to an economy getting doomier by the day: Venezuela. Actions have consequences. In public policy, it is impossible to say what the consequences will be. There are too many delusions and too much smoke. Take a policy said to eradicate city rats. Its real purpose is to […]

“All I Have Is Hunger” – Many Venezuelans Too Weak To Protest Despite Maduro Misery

While tens of thousands of angry Venezuelans turned out for the 'mother of all protests' yesterday, facing an increasingly hostile military/police state, the numbers could have been significantly larger but for the fact that legions of poor Venezuelans are simply too frail from starvation to protest. Some say they are intimidated by armed pro-government militias […]

Maduro Scrambles To Defuse “Explosive” Situation As Supreme Court Reverses Ruling

While investors had largely given Venezuela’s economic catastrophe the benefit of the doubt for the past two years as crude collapsed and the country’s CDS soared to record highs only to normalize subsequently, yesterday bond investors got very nervous for the first time in a while, as the Venezuela 9.25% of 2027 bonds crashed on […]