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Venezuela's "Death Spiral" - A Dozen Eggs Cost $150 As Hyperinflation Horrors Hit Socialist Utopia
Today, a once comfortable middle-class Venezuelan father is scrambling desperately to find his family's next meal -- sometimes hunting through garbage for salvageable food. The unfortunate 75% majority of Venezuelans already suffering extreme poverty are reportedly verging on starvation.
Severe shortages of food, clean water, electricity, medicines and hospital supplies punctuate a dire scenario of crime-ridden streets in the impoverished neighborhoods of this nearly failed OPEC state, which at one time claimed to be the most prosperous nation in Latin America.
Good thing things are so well in other "non-socialist" countries in the region like Haiti, Honduras and Nicaragua then. I am sure Venezuela was amazing in the 1990s. These countries switch between various types of corrupt plutocracies and call themselves whatever they want. These labels are meaningless.
I guess this mean the $3.99 breakfast special is no longer available?
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