Each new day brings with it another batch of bad economic news. When it isn’t high inflation that the government desperately tries to hide, or sharply increasing poverty figures, it’s some other story about an industry on the verge of collapse. One day it’s newspapers, the next day it’s car manufacturers.
But you already know that as well.
As bloggers, we need to document and comment on all of this, but to be honest, it isn’t easy. How many more versions of the “chavismo-is-a-terrible-social-experiment” post can we write? Do our readers really need to be convinced that the country is going down the drain?
As it becomes perfectly clear that chavismo is a failure, we need to take a step back and acknowledge that this is another stage of Venezuela’s alarming collapse, a process that began in the 1970s, and…
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