May 26, 2015

Venezuela Circles the Drain

(John Hinderaker) We have chronicled the accelerating decline of Venezuela's economy under its narco-socialist rulers. When a country can neither produce nor buy toilet paper, you know the end is approaching. Now, Venezuela's international reserves are disappearing, as its currency implodes. Dimitra DeFotis reports at Barron's: Russ Dallen, who contributes to a newsletter for investors, and writes about Latin America, writes today that "Venezuela's situation continues to unravel at increasing speed as

Source: Power Line