Read all!-----VENEZUELA: HOW A PROSPEROUS NATION COLLAPSED
Before the weekend ends and America moves... - Cheryl Thompson Draper | Facebook -
Cheryl Thompson Draper -
Copied from Larry Brandt- 1992-Venezuela is the 3rd richest country in the Western Hemisphere, powered by oil and a growing middle class.
- 1997-Venezuelans become the 2nd largest buyers of Ford F-150s—a sign of widespread prosperity.
- 1998-Hugo ChΓ‘vez is elected, promising to “redistribute wealth” and fix inequality.
- 2001-The country votes again for socialism, framed as compassion and fairness.
- 2003-The government imposes price controls and currency controls. Black markets appear. Shortages begin....
THE HARD TRUTH
- It took one generation of “progressive” leadership to turn one of the richest countries on Earth into a nation defined by hunger, fear, mass graves, and mass migration....
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