Might Venezuela Go The Way Of Zimbabwe? Theater Of The Absurd

Might Venezuela Go The Way Of Zimbabwe? Theater Of The Absurd by Cook & Bynum The state of affairs continues to deteriorate in Venezuela as shortages have moved from everyday goods like diapers, detergent and toilet paper to a halting of long distance calls and rolling electricity blackouts. The country is even experiencing a physical currency shortage because it is not making timely payments to its bill printing vendors. Can Venezuela avoid a fate similar to Zimbabwe? That is putting it mildly. The Venezuelan government spends like Father Christmas after too much eggnog, subsidizing everything from rural homes to rice. It cannot…