Venezuela Debt Crisis: Socialism Realized

in politics •  7 years ago 

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Article: https://mises.org/wire/venezuelas-default-disaster

In early November, the totalitarian regime of Nicolás Maduro issued a “decree” demanding “the refinancing and restructuring of the debt.” For those unaware as to the terms of economic obfuscation, that signaled a complete economic default which was unsurprising for anybody truly paying attention.

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