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How Socialism Ruined Venezuela

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 high levels of economic freedom, although this occurred under dictatorial regimes.

Nuclear Stupidity: Tillerson Says Diplomacy Continues Till First Bomb Drops

Nuclear Stupidity: Tillerson Says Diplomacy Continues Till First Bomb Drops

 The following artice by David Haggith was published on The Great Recession Blog:

Secretary of State Rex Tillerson says President Donald Trump wants him to push forward on diplomacy with North Korea “until the first bomb drops.” (Bloomberg)

 

Brilliant! That means until the first entire city is destroyed. At least, that is what it could easily prove to mean … unless he means until the US drops its first bomb. 

Iran's Top General Meets With Kurdish President Barzani As U.S. Neocons Push For War

Iran's Top General Meets With Kurdish President Barzani As U.S. Neocons Push For War

In an unexpected diplomatic turn of events which underscores the seriousness of escalating tensions between the Iraqi government and the Kurdistan Regional Government (KRG), the head of Iran's elite Revolutionary Guard (which last week were designated by the US as a terrorist organization), General Qassem Soleimani, arrived in Erbil on Sunday and met with Kurdistan regional president Masoud Barzani to discuss the growing crisis at a moment when Kurdish Peshmerga forces are blocking Iraqi Army access to Kirkuk oil fields and military installations. 

Russia Unveils 'CryptoRuble' As Assange Thanks US Govt For His 50,000% Gain On Bitcoin

Russia Unveils 'CryptoRuble' As Assange Thanks US Govt For His 50,000% Gain On Bitcoin

Once again the unintended consequences of government intervention are exposed...

In 2010 - following the release of sensitive government documents related to wars in Afghanistan and Iraq - John McCain and Joe Lieberman led a bipartisan attempt to cut off WikiLeaks funding by forcing 'traditional' payment systems to block them.

image courtesy of CoinTelegraph

7 years later and the price of Bitcoin has... risen...50,000%!

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