Nearly half of millennials say they prefer socialism to capitalism, sadly US congress has also been infiltrated by Socialist like Ocasio-Cortez whom wants a system like Venezuela brought into the United States. If people like her succeed American will be impoverished with shortages by estimation within 2030, we would see bread lines and mass starvation, dead bodies on the street of America could become a reality.
Socialism, a system that relies on state ownership and control of the means of production, state direction of production decisions, and direct state control of education and employment decisions of individuals.
Venezuela had a Bernie Sander like revolution in 1999 called the The Bolivarian Revolution. Hugo Chávez, the founder of the Movement and later the United Socialist Party of Venezuela.
Socialism caused a socioeconomic and political crisis that began in Venezuela during the presidency of Socialist president Hugo Chávez. The same socialist policies have continued into the presidency of Nicolás Maduro. Socialism has caused hyperinflation, escalating starvation, disease, crime and mortality rates, resulting in massive emigration from the country.
Venezuela is more or less out of options. Prices are estimated to be rising at a rate of 3 per cent every day, giving an annual inflation rate of more than 40,000 per cent and an International Monetary Fund official has warned the rate could reach 1,000,000 per cent by the end of the year.
That would be one of the most disastrous episodes of hyperinflation in history, up in the pantheon with Zimbabwe’s currency collapse in the late 2000s under Robert Mugabe, and Germany’s descent into monetary hell in the 1920s.
U.s Presidential hopeful Bernie Sanders praised Latino Socialism in 2011: “These days, the American dream is more apt to be realized in South America, in places such as Ecuador, VENEZUELA and Argentina, where incomes are actually more equal today.
Today the once oil rich nation on earth is now brought to the brink of collapse due to its socialist policies.
Today Socialism has caused the Latin American state to be the grip of a humanitarian crisis. Thanks to the dysfunction of the economy and the price system, there are chronic shortages of food and medicine. Three-quarters of Venezuelans have lost an average of 11kg of bodyweight. Doctors report children dying of malnutrition. Malaria cases have spiked due to a collapse in treatment. Emigration has surged. So has crime.
Venezuelans are now trying to escape socialism in droves.
The Venezuelan refugee crisis is the most underfunded in modern history, according to an analysis from the Brookings Institution published this week.
Venezuela is second only to Syria in terms of how many displaced people are living outside their country of origin. But estimates from the United Nations Refugee Agency show that if current trends continue, there could be as many as 6.5 million Venezuelans living outside of their country by 2020, far outpacing the speed of displacement seen in Syria with 6.7 million Syrians being pushed out of their birth nation.
U.S. have hesitated to label the Venezuelan refugee crisis a global one “because it is not directly impacting the U.S. yet,” Nancy Santiago Negrón, vice president of strategic partnerships and communications at Hispanics in Philanthropy, told NBC News.
But that might quickly change since it is almost certain the number of Venezuelan refugees worldwide will reach 5 million next month, said Santiago Negrón.
Venezuela already surpassed China in becoming the No. 1 country of origin for those claiming asylum in the U.S., with nearly 30,000 Venezuelans applying for asylum with U.S. Citizenship and Immigration Services in 2018.
Nearly one-third of all claims filed at USCIS come from Venezuelans, the most of any country by far, according to recent numbers.
Countries such as Ecuador, Peru and Chile have already imposed barriers to entry for Venezuelans, which could cause the refugee crisis to spread to other regions.
Santiago Negrón said they are already seeing countries like Brazil and Trinidad and Tobago struggling to grapple with the growing crisis.
Colombia, the largest Venezuelan hosting nation, launched over $230 million in credit lines for infrastructure and private investment in areas with high refugee density.