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Monday, August 29, 2016

Important Survival Lessons from the Venezuela Collapse


2 comments:

Anonymous said...

The problem with socialism is that eventually you run out of free stuff.

Norway and Sweden have avoided this (for the most part) by having a population that thrives in a diverse economy and has a stronger work ethic. They have a higher standard of living because they have not had to spend huge sums of money in the past 50 years on national defense or fighting diseases like you do in a 3rd world country.

Norway and sweden, until recently, were not being innundated with a mass migration of unskilled labor to draw down their social resources.

Coorruption is not limited to just one spectrum of the political arena. But socialism breeds it far faster because it plays on emotion and not market based principals.

Theft is always easier than work.

Joseph Fromm said...

http://mobile.reuters.com/article/idUSKCN1162AJ