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Venezuela Debt Crisis: Socialism Realized

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First published at 19:17 UTC on November 30th, 2017.

Stefan Molyneux

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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 th…

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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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