Tuesday, May 17, 2016

Watch Venezuela, Because Food Shortages
& Economic Collapse Are 
Coming To America Too
"The full-blown economic collapse that is happening in Venezuela right now is a preview of what Americans will be experiencing in the not too distant future .. This is what the endgame of socialism looks like. When an all-powerful government is elevated far above all other institutions in society and radical leftists are given the keys to the kingdom, this is the result .. The thing is that Venezuela actually has more 'wealth' than most countries in the world. According to the CIA, Venezuela actually has more proven oil reserves than anyone else on the globe – including Saudi Arabia .. The U.S. government is mismanaging our money too .. We waste money in some of the most bizarre ways imaginable, and at this point our national debt is nearly the double the size it was just prior to the last major financial crisis .. The elite and special interest groups spend massive amounts of money to get their favorites into office, and in turn those politicians shower their good friends with money and favors. It is a very sick relationship, but that is how our system now works. We are sitting on the largest mountain of debt in the history of the planet, and our debt-fueled prosperity is completely dependent on the rest of the world lending us gigantic amounts of money at ridiculously low interest rates and continuing to use our increasingly shaky currency which we are debasing at a staggering pace .. Our debt level is the highest that it has been since the Great Depression of the 1930s, and yet we continue to race down this road to economic oblivion without even thinking twice about it."
- Michael Snyder
link here to the article

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