Venezuela: The world's worst-performing economy

[Bacchus4.0]

http://www.aljazeera.com/programmes/countingthecost/2016/02/venezuela-world-worst-performing-economy-160227103201996.html

With hyperinflation so severe that people have to carry backpacks stuffed with cash to the local supermarket, it's no surprise that Venezuela - a country which is in its worst shape since World War II - is the world's worst-performing economy.

Across the oil-rich South American country, chronic power outages, crumbling infrastructure and severe shortages of basic goods have led the army and police to guard food supplies.

Less than three years after the death of the charismatic and larger-than-life Hugo Chavez, the hugely popular leader's Bolivarian Revolution is being blamed for failing Venezuela.

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With oil accounting for 95 percent of Venezuela's export earnings, plummeting world prices have sent the economy reeling towards collapse.

[Marksman_91]

1. No way, the Bolivarian Revolution has brought nothing but prosperity to the country!

If they're not doing well, it's TOTALLY because the US/CIA/Illuminati are sabotaging its economy. It happened with Allende in 1973, so it could TOTALLY be happening now again, even though the circumstances are completely different.

^ What I expect to hear from the Chavista cheerleaders in this site.

[Bacchus4.0]

2. One of them responded "one person one vote" and something about white

Venezuelans going to learn the truth soon. That was in response to a thread on chavistas hijacking polar delivery trucks. So, we can expect to hear just about anything for sure.

[Marksman_91]

3. Yeah, I saw that too. Even their responses are becoming incoherent.

But I guess it's expected when one is trying to defend the indefensible.