Title : Venezuela On The Brink Of Economic And Social Collapse
link : Venezuela On The Brink Of Economic And Social Collapse
Venezuela On The Brink Of Economic And Social Collapse
Opposition supporters clash with riot police during a rally against President Nicolas Maduro in Caracas, Venezuela, May 3, 2017. REUTERS/Christian Veron
Scott B. MacDonald, National Interest: Is Venezuela on the Brink of Economic and Social Collapse?
For change to occur in Venezuela, it will have to come from within the ranks of its armed forces.
Venezuela is totally out of sync with most of Latin America and the Caribbean as it has headed in an increasingly autocratic direction politically, marked by stunningly inept economic mismanagement, reminiscent of Zimbabwe under Mugabe and the Congo under Mobuto. The problem is that as Venezuela sinks deeper into socioeconomic misery, many of its citizens are opting to leave. At the same time, the authoritarian regime continues to function as major conduit for illicit drugs in Latin America and the Caribbean, such is the need for cash among the Chavismo political elite. In a sense, the Venezuelan house is on fire and the neighbors are increasingly nervous of the spread of its problems into the region.
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WNU Editor: A good summary on the current situation in Venezuela. But I do not share the above writer's hope that the Venezuelan military will step in and save the country from this disaster.
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