...for a socialist government to torpedo the prosperity of its subjects? Unfortunately, the experiment has been going on in Zimbabwe and Venezuela for the past few years, and the answer is troubling; months.
Just as Lenin caused starvation in the breadbasket of Europe, Mugabe has caused famine in one of Africa's breadbaskets. Even more shocking, Hugo Chavez has managed to empty his country's grocery stores via price controls during the biggest bull market in petroleum in decades.
One week later
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As things were happening last week, I wrote a post below that is likely
wrong. We know more now. Two things have become clear this week:
1) The local ap...
14 hours ago