Maduro’s Dismal Strategy: Less Bread, More Blood
(From Real Clear Markets)
Why, then, has Maduro taken such a suicidal path?
Much has to do with incompetence. Himself a former bus driver, with some courses in agitprop taken in the schools and agencies of communist Cuba as his sole intellectual background, Venezuela’s current leader has little idea of how an economy works. What is more, one could hardly find someone with a proper training in economics among those who assist him in formulating and implementing the country’s economic policy.
Acute as it is, economic incompetence does not explain, by itself, the economic mess in which Venezuela finds itself today. The political risks of overhauling the management of the economy can hardly be overestimated.
Indeed, Maduro has given most of the country’s key economic posts to both high-ranking military officers and key leaders of the Chavista movement with no economics background whatsoever. The reason behind that move seems to be none other than to buy their loyalty: in a country submitted to insane price and foreign-exchange controls as is Venezuela, the scope for government figures to derive a personal profit from bribery and trafficking is immense. According to retired General Cliver Alcala (a critic of the regime), food has become a better business than drugs.
http://www.againstcronycapitalism.org/
Source: http://www.againstcronycapitalism.org/2017/06/maduros-dismal-strategy-less-bread-more-blood/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).