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Venezuela Descends Into Chaos… Europe and US Next
Power shortages have deepened (and this in an oil rich country!); food is becoming scarce (some people have resorted to eating dogs and cats); people lie on concrete slabs in hospitals without medicine (if you thought medical care was bad, just wait until it’s free!); and riots and looting are growing worse.
I went to see the end stages of socialism, complete with hyperinflation. I wanted to see where Europe and the US are headed.
In hindsight, it was shocking to see how few people in Venezuela understood what was going on. You’d think in this day and age, they’d just watch a few Youtube videos (like some of ours) and realize the reality: Almost all their problems are a direct result of government and central banking.
Yet, hardly anyone understood. Your average person was miserable, that was for sure. But they didn’t know what was causing their misery.
I didn’t find much interest in gold and silver, let alone much buying, even though it was obviously a good idea. And, forget bitcoin. No one knew what it was… except for the government that predictably has banned it.
Bizarrely, large parts of Caracas still hang pictures of Hugo Chavez and still consider him to be a hero!
I met a few people who were open to rational discussions. They were making about about $20 a month and could barely survive.
“Why don’t you go somewhere else?” I asked them. “Colombia is close. And Trinidad & Tobago, Aruba, Argentina or Chile. All with economies that are functioning and sometimes doing very well.”
The general response was, “I don’t know anyone there.”
Very strange. Why choose to live in squalor and desperation just because the environment is familiar to you?
This is a mentality I often see in America. Elsewhere, too. Stressed, people have a tendency to live like serfs, never venturing far from their birthplace.
It’s really not necessary in this era of the internet. Spend five minutes on Facebook and you know some people.
In fact, our global reach includes TDV Groups (also known as the Vigilante Expat Network). If you’re a subscriber, you can converse with other dollar vigilantes anywhere in the world. They are a great bunch. I know from experience, they’ll practically pick you up at the airport and help you get situated if you decide to visit or move.
It’s just one of the many benefits of being a Dollar Vigilante newsletter subscriber (see more here).
The scary thing about Venezuela is that all the conditions already exist, and are nearly the same, in Europe right now. And the only difference between where the US is headed and Venezuela, is the US hasn’t outlawed guns… yet. Otherwise whatever I saw and experienced in Venezeula was already familiar to me from my travels in the US and Europe. (It’s one reason I got out and went to live in Acapulco.)
I was in Venezuela seven years ago and it was generally fine. A beautiful place to visit full of bustling shops, restaurants, bars and hotels. Two months ago when I returned, I was visiting the murder capital of the world. As I wrote, we had to carry backpacks of money to pay for lunch at the few restaurants that were open. We were told to not wear sunglasses or use our mobile phones or we’d get robbed. Our hotel barricaded the doors at night to keep criminals out.
Venezuela: Meet the destiny of Europe and the US.
Both Europe and the US are already tumbling further into socialism. Nearly half of all millennials in the US say they like socialism over capitalism.
Just look at Joseph Stiglitz, the Nobel Prize winner in Economics (Keynesian/Globalist economics that is), who is one of the most respected economists in the US… He wrote The Price of Inequality and, excuse me as I hold back from vomiting, Making Globalization Work. He’s also the former vice-president of the World Bank.
“Venezuelan President Hugo Chavez appears to have had success in bringing health and education to the people in the poor neighborhoods of Caracas, to those who previously saw few benefits of the countries oil wealth,” he said.
In his latest book “Making Globalization Work,” Stiglitz argues that left governments such as in Venezuela, “have frequently been castigated and called ‘populist’ because they promote the distribution of benefits of education and health to the poor.”
“It is not only important to have sustainable growth,” Stiglitz continued during his speech, “but to ensure the best distribution of economic growth, for the benefit of all citizens.”
And, look at this tweet from one of the top politicians in England from only three years ago!
The West is headed the way of Venezuela. In fact, it’s all part of the Globalist one world socialist government plan being quickly put into place this Jubilee Year.
You can see it in Europe, where unrestrained Islamic immigration is being aimed at creating chaos within established cultures. And in the US, where the possibility of a Hillary victory would firmly establish a Venezuela-style paradise.
This Jubilee Year is all about putting in place the final foundation for the world’s oncoming globalism. Venezuela is just a little bit ahead of the curve. For a video on this Jubilee Year and its growing damages, please see HERE. And for our White Paper, please see HERE.
I had the opportunity to interview one of the only anarcho-capitalists in Venezuela for my program, Anarchast. It took us nearly two months to put it live because I insisted on paying Daniel to translate it. It took him nearly two months because of the nearly constant power outages.
Have a look at this conversation I had with one of the few people in Venezuela who understands economics. See how quickly things fall apart under socialism and how the US, Europe, and many other places in the West are not far behind following Venezuela’s path:
245 Comments on "Venezuela Descends Into Chaos… Europe and US Next"
JuanP on Mon, 23rd May 2016 7:24 pm
Frank “Where are all the beautiful girls from Venezuela?” Miami Beach, boy, Miami Beach! You can’t walk a block or ride an elevator without coming across some gorgeous beauties down here, many of them Venezuelan. One warning about Venezuelan women, though, it is very hard to tell what’s natural and what’s not there and they are incredibly stupid and superficial as a rule, so I recommend them for fucking, but not for breeding.
Paul on Mon, 23rd May 2016 7:35 pm
Of course. 50 years ago Venezuela may have been able to turn itself into some kind of “tropical Scandinavia” but I know as a Swede, bourgeois socialism doesn’t work. See the economy continue to tread water while the rich get richer and the living standard for the vast majority declines, or fight for a new, superior society based on the principles of Marxism-Leninism, which is of course just as hostile to bourgeois socialists as it is more right wing capitalists. Maybe even more so because at least the latter doesn’t try to conceal the fact they are lackeys of the richest 1%.
Apneaman on Mon, 23rd May 2016 7:46 pm
The biggest fallacy on this thread is those thinking that because Venezuela is Socialist and a basket case, that somehow means America not. Wrong. America is both a basket and socialist, just it’s own unique flavor. Y’all can’t admit it due to major cognitive dissonance. It contradicts the America myth, but it’s there. The biggest difference is that the rich receive the majority of the benefits of American socialism.
Even Ludwig’s uber devoted disciples of libtardtarian “Misesian” religion think so and there is nothing they hate more than socialism, but at least they admit it even if they are otherwise tards.
Bernie Sanders Is Right: The US Is Already a Socialist Country
“Just Admit It: Social Security Is Socialism
New Deal propaganda has been so effective though, that many people who support socialism imagine that they are opposed to it.
For example, government old-age pension in the US enjoy support that is as near to “universal” as anything is likely to get:
when Pew surveyed Americans as to which government programs should be cut, lopsided majorities opposed any cuts to Medicare or Social Security. When asked what programs should be cut as part of budget negotiations in DC, 87 percent of respondents opposed cuts to Social Security, while 82 percent opposed cuts to Medicare. (The popularity of these programs extends across Republicans, Democrats, and unaffiliated voters.)”
https://mises.org/blog/bernie-sanders-right-us-already-socialist-country
5 Ways America is Already Socialist
http://www.dailykos.com/story/2015/11/22/1453152/-5-Ways-America-is-Already-Socialist
Millennials have a higher opinion of socialism than of capitalism
https://www.washingtonpost.com/news/rampage/wp/2016/02/05/millennials-have-a-higher-opinion-of-socialism-than-of-capitalism/
Grandma loves her SS cheque and medicare and Dad loves his FEMA flood insurance subsidy and the millennial grand kids want their slice too (student loan forgiveness and free tuition).
Merica says – I luvs me some Socialism!
Gomer Wumphf on Mon, 23rd May 2016 7:49 pm
If you want socialism go to Venezuela. Oh and bring food and toilet paper – they seem to be running low on both these days. BTW did you know Chavez was a billionaire? One wonders what the bus driver’s net worth is these days. He certainly looks like he’s eating well – even if his countrymen are having a bit of trouble with the food thing. But every cloud has a silver lining – after all the food shortage is helping with the toilet paper shortage.
Or you can stay here and vote for BSanders. Like all socialists/Marxists he will certainly eliminate the wealth problem. After all Socialism/Marxism has given the world Lenin, Stalin, Hitler, Mao, Pol Pot, the Kim Family, the Castro bro, Chavez, Maduro, etc. etc. etc. and well over a hundred million dead. What do they call doing the same thing over and over again and expecting different results? Oh – I remember – “progressive”!
jake on Mon, 23rd May 2016 7:53 pm
I had a Venezuelan friend from a wealthy family going to school in Florida. I vividly remember,after Chavez had taken over, begging him to talk to his family about leaving Venezuela before things got bad. It is clear to me that people all over the world are substantially idiots. And the more ignorant and lazy they are, the more susceptible they are to Socialism and dictatorships. The United States is perhaps even worse, since we know what it is like to be relatively free. Yet millions in the United States are choosing Socialism, even though most don’t even know how to spell it, let along know what it means. Not to mention the fact that it has failed, as an ideology, so miserably worldwide that it’s tragic if not idiotic. I am convinced that Progressives infected our educational system many decades ago and we are reaping the effects today. I am embarrassed and ashamed that this is happening in my country. We have become a nation of idiots and cowards.
Anna Rexxia on Mon, 23rd May 2016 8:01 pm
I’m having a hard time believing this garbage that is passing for an article isn’t from The Onion. Such ignorant, conservative nonsense. This will be the first and last time I visit this idiotic website.
Davy on Mon, 23rd May 2016 8:06 pm
Welcome back MSN
GregT on Mon, 23rd May 2016 8:13 pm
206 comments? It would appear that the sheeple are divided over which way they are best exploited. No matter the system, the corruption will always find a way to rise to the top. Greed, it’s basic human nature.
Davy on Mon, 23rd May 2016 8:17 pm
The US is a hybrid economy, political system, social structure. The economy clearly has both a capitalism and socialism flavor. The political system is a democracy and a oligarchy. The social structure is 1st world and modern as well as poor and 3rd world. It is a big place with lots of people. Those who generalize about it forget it is a melting pot of peoples and regions.
adornoe on Mon, 23rd May 2016 8:22 pm
blah, blah, blah
makati1 on Mon, 23rd May 2016 8:28 pm
Another Russian/Chinese nail in the Us coffin…
“Whatever the US has been focusing on, whether it’s commissioning $4.4 billion warships, wargaming in the name of “regional stability”, or arguing over LGBT rights and confederate flags, it is neither productive, nor helping its global economic standing. One day when the USD is no longer the reserve currency, and all of the games the Federal Reserve plays to allow fiscal policy to go unchecked are no longer an option, we suspect that it will wish it had done things quite differently.”
http://www.zerohedge.com/news/2016-05-23/de-petrodollar-ization-esclates-china-imports-record-amount-russian-oil-april
When will the Saudis start accepting yuan for oil? Soon, I bet.
X on Mon, 23rd May 2016 8:28 pm
So, you write one article and you expect me to believe it? Hmmmm. Not going to happen.
adornoe on Mon, 23rd May 2016 8:31 pm
Sorry about that “blah” above; just testing.
Now, isn’t it wondrous what socialism does to a country?
Davy (above) has a hard time accepting the article as being truthful. And, that’s the way it is with liberals and socialist, who, when confronted with the truth about how socialism ALWAYS fails, they always go into denial and want to close their eyes and ears to the truth.
Liberals and socialists want to “fundamentally transform” the country itno a ‘socialist haven’, but, they do have choices, and some of those choices include moving to countries that already have economic socialism as their form of economics. But, no, they insist that they will remain in America and take it down, just like liberals and socialists and communists, have taken down so many other countries. The U.S. was built by people fleeing other lands, in hopes of building better futures. Yet, the socialists in the U.S. refuse to leave for their “better lands” where socialism “thrives”. No doubt, they see how what “socialism thrives” means, and they won’t be leaving to go there, since, it would mean that they’d have to face the truth full-on. Cowards!!!
Tom on Mon, 23rd May 2016 8:40 pm
So you moved to the peaceful city of Acapulco. Don’t forget your bullet proof vest. Your a conservative pig.
al B on Mon, 23rd May 2016 8:48 pm
What a bunch of liberal tripe !!!!!!!!!!
Bruce Tunnel on Mon, 23rd May 2016 8:53 pm
The irony is the writer lives in Acapulco, the murder capital of Mexico. Soldiers everywhere and tourists staying away in droves.
makati1 on Mon, 23rd May 2016 9:15 pm
adornoe, America is already mostly socialist, with a dollop of greedy capitalism. I listed most of the socialist programs in my comment above.
JuanP on Mon, 23rd May 2016 9:38 pm
I wonder how all these new people ended here. Does anyone know what happened? Bruce, Tom Adornoe, X, how did you end here? Did you follow a link somewhere?
Jay on Mon, 23rd May 2016 10:15 pm
Politicians like to call social security an entitlement because they don’t have to pay into it. But the rest of us do. Half is paid by employee and half by employer. A whipping 15% goes into my social security. Who can save 15% of their salary into a 401k? I bet most of us don’t. I know I can’t. So Politicians need to stop calling it an entitlement because it’s not. In fact if I was able to save that 15% into a private account my return would be way better than what social security distribution would be.
Apneaman on Mon, 23rd May 2016 10:17 pm
Juan, pingbacks
If you google the title…
“Venezuela Descends Into Chaos… Europe and US Next”
…and look at the sites that feature this ass wipe article they are almost all the type of place retards like to hang out. Retards being mostly young white merican males, right leaning and conspiracy minded – the dumbed down crowd.
dollarvigilante
thedailycoin
financialsurvivalnetwork
marketoracle
I’m not saying all the new commenters are tards, just a bunch of em.
goober Pyle on Mon, 23rd May 2016 10:41 pm
Author lost me at social security rant. Anyone who has worked their whole life and paid into it does NOT view this as a “socialist” perk – it’s THEIR money.
gary fedak on Mon, 23rd May 2016 10:44 pm
Do not confuse socialism with gross mismanagement, incompetence, and corruption.
JuanP on Mon, 23rd May 2016 10:59 pm
Thanks, Ap! I don’t know why I didn’t think of googling it.
Vytautas Sadunas on Mon, 23rd May 2016 11:21 pm
Sanders should have been watching over and over again the political speeches of Fidel Castro and other murderers, during the Cuban Revolution, where they chanted Death to the Imperialismo Yanqui, Cuba si yanquis no.- Followed by an interminable number of disidents being burdered, by fire squads or simply in the streets. That was part of the paradise that those blood thirsty subhumans brought to the Country of Rubio and Cruz. Cuba is now living under abject poverty and misery, with the company of thousands jailed for life for rejecting the paradise.
Vytautas Sadunas on Mon, 23rd May 2016 11:28 pm
Sanders lives BACK no less than two hundred years of rotten civilization, where the hate and disrespect for human life is the only law, just like it happen during the flamboyant French Revolution when enless murder was the law of the land, under demagogical principles of Liberte, Equalite and Fraternite. Vive la France and Viva Cuba, Viva Venezuela of Chavez..
sidzepp on Mon, 23rd May 2016 11:50 pm
Unless some of you are part of the 1%ers, it really doesn’t matter which side of the political/economic divide you stand on because those who call the shots are enjoying the divisiveness that the underclasses engage in laying blame on anything or anyone that they see as different.
They entrap us in debt. Government, businesses, individual. The world is at over 230 Trillion dollars in debt. Their solution calls for continued economic growth. But continued economic growth demands increases in population and consumption which will further impact our fragile biosphere.
So continue the name calling and blaming the others when we are all dependent on the same lifeboat. At least the wealthy on the Titanic went down with the ship.
makati1 on Tue, 24th May 2016 12:36 am
Sid, you are spot on! Divide and conquer. They only know one game. Winner take all and let the rest ‘eat cake!’. Or go extinct, if that is the result. After all, check the ages of the big players and you will find that most are over 70 and many are over 80. A few are over 90. They have nothing to lose.
Darrick Evenson on Tue, 24th May 2016 12:56 am
Why don’t Venezuelans go to another country? Many do. But the poor can’t afford food WHO is going to pay for the trip and WHO is going to pay their first month rent and food while they go out and look for a job? We’re not all Trust Fund Babies like you.
Darrick Evenson on Tue, 24th May 2016 1:00 am
Sweden and Norway are welfare states, and they are doing just fine. UK is a welfare state, and nobody is hungry. A welfare state allows Capitalism to run, but taxes heavily to provide everyone basic services of health, housing, and education. A Socialist State controls the economy, takes over major industries, messes with Capitalism, and look where it gets you.
Darrick Evenson on Tue, 24th May 2016 1:09 am
China was anarchist for a time, which means the War Lords ruled. Their word was “law” over the places they controlled.
Japs on Tue, 24th May 2016 2:50 am
Social Democracy (European-style Socialism) works just fine.
JohnnyJohn on Tue, 24th May 2016 3:07 am
Sorry, Europe is Capitalist. They allow free enterprise. A socialist country owns the means of production within it’s borders. God bless Nokia, Maersk, Volvo, Nordea etc…
Davy on Tue, 24th May 2016 5:45 am
“Anyone who has worked their whole life and paid into it does NOT view this as a “socialist” perk – it’s THEIR money.” Sorry Goober, we think things are ours. We think the land is ours and we have human rights but the reality is we are just passing through. We have nothing but the challenge of surviving. What we do have is hubris and existential separateness. You can say I deserve something in relation to others that deserve something but don’t think for a minute anything is yours.
onlooker on Tue, 24th May 2016 6:02 am
Darrick the warlord in China would not be the most accurate description of anarchy. It is in my estimation best described as a system of voluntary self rule by a community, society or group. One in which no centralized dominating power exists but rather a closely knit Communal coexistence whereby everyone agrees to a set of binding principles or laws.
Davy on Tue, 24th May 2016 6:14 am
Warlorism in China’s early history gave rise to Taoist thought something we should be reflecting on because our modern world is little more than a modern existential warlordism.
Susan on Tue, 24th May 2016 6:29 am
This article is skewed in so many ways. First off, Venezuela may have attempted to model itself after socialism, but when PepsiCo and beer companies are the major employers, they clearly were not socialist. If that were the case, then the workers would still be making money as part owners of Pepsi and beer, or receiving the benefit of government ownership in those companies. The next greatest problem is that those entities relied on imports. And yes, the U.S. would meet the same fate, as we now import everything, save for some food. But workers cannot get to work when there are no tires for the cars. Sidzepp has it right-Venezuela did not play ball and they destroyed them, just like Jamaica. The U.S. is already bankrupt, yet they do not call in the note-because our politicians are still doing what they are told.
john on Tue, 24th May 2016 6:52 am
Mr Corbyn,
You are an idealist idiot
MortBurn on Tue, 24th May 2016 10:15 am
This is not where Socialism ends…..this is where Socialism ends when it runs into the immovable wall of the US & the West’s control of the international economy. If one falls afoul of them (re: ditches ‘capitalism’), they shut you down hard and no matter your natural wealth you won’t be able to benefit from it.
In another context, see: Iran, and countless others whom the West has sanctioned over the years.
Davy on Tue, 24th May 2016 10:37 am
Socialism and capitalism ends with globalism and globalism is ending as we speak. So many people here get lost in the “isms” and the national ideologies and fail to see the bigger picture of the whole system buckling under from a retarded bifurcation. No, not the “retarded” the “tards” here always use I am using this in the sense our systematic bifurcation that is long overdue. It was delayed by destructive consumption, needless production, and harmful development. All these modern sins were committed without any thought for a future. Now the future is here and we are naked and unprepared for THE shit storm to end all storms.
We have an end game shit storm coming and people still want to point fingers and play the blame and complain game. The reason is people are so pissed off is it gives them satisfaction to be angry and hostile. We are supposed to be proud of shit disturbers or something. WTF, fine shit disturb but offer some solutions. If you are just about bitching and moaning what good are you? You are a waste of space using up good oxygen and dropping your shit to be stepped on. Modern humans are a real piece of work.
beamofthewave on Tue, 24th May 2016 1:37 pm
Socialism is the worst, I do so despise libraries and public education. Why is it that it is always men who write about abandoning the old and children to what ever fate or God has for them? It is always men who despise poor people, what does this society do to men to make them so mean, I just don’t get it.
PracticalMaina on Tue, 24th May 2016 1:44 pm
It is almost like the coke money makes its way back to the US somehow…. In unrelated news, more new guns were made today than at any point in history. Progress
My state used to do a lot of business with Venezuela, well a lot of business from a small states perspective, they used to subsidies our low income fuel programs, I bet they are missing a democratic governor, as are we.
Dredd on Tue, 24th May 2016 2:11 pm
Venezuela came down with a case of Oilfluenza (Oilfluenza, Affluenza, and Disgorgement).
So it relied on dirty oil sales to pay for its international intercourse.
It should have relied on local enterprise.
It is a lesson for those nations that do likewise (The Extinction of Robust Sea Ports – 6).
Apneaman on Tue, 24th May 2016 3:33 pm
beamofthewave, what did a library ever do to hurt you?
Nothing, I imagine, it’s sounds like one of those talking points that are mandatory to repeat for every Any Randian devotee? Basically they all believe in shit some self absorbed speed addicted witch wrote in a novel. No different than any other ideology really in that it’s all bullshit made out of whole cloth. Just as real as Frodo, Bilbo, Gandalf and Sauron. I don’t know for sure if you identify with that nonsense – just sounds familiar. It’s also elitist me thinks.
I love libraries – helps even the score IMO (internet too now). If one is so inclined they could educate themselves and all it would cost is a handful of late fees. We can’t allow that to happen – some impoverished person might learn himself up and take your job eh?
My favorite American and one of my favs overall is Ben Franklin – one of the all around sharpest minds ever. Probably no major French support without Franklin’s patience, slyness and power of persuasion and therefore no America independence.
Ben started the first or one of the very first lending library’s in America and it’s one of the many things I admire him for.
The Library Company is America’s first successful lending library and oldest cultural institution. It was founded in 1731 by Benjamin Franklin as a subscription library supported by its shareholders, as it is to this day.
During the early years of the United States, books were not widely available. Standard English reference works were expensive and difficult to find: they had to be shipped to the colonies from Europe, and the average person could not afford to purchase the books that well-rounded intellectuals thought worth reading.
http://www.librarycompany.org/about/
The modern public education system is another matter entirely.
Apneaman on Tue, 24th May 2016 9:50 pm
A 2002 documentary about the April 2002 Venezuelan coup attempt which briefly deposed Venezuelan President Hugo Chávez. A television crew from Ireland’s national broadcaster, RTÉ happened to be recording a documentary about Chávez during the events of April 11, 2002. Shifting focus, they followed the events as they occurred. During their filming, the crew recorded images of the events that they say contradict explanations given by Chávez’s opposition, the private media, the US State Department, and then White House Press Secretary Ari Fleischer. The documentary says that the coup was the result of a conspiracy between various old guard and anti-Chávez factions within Venezuela and the United States.
https://www.youtube.com/watch?v=3ZajyVas4Jg
johnjeremy on Sun, 10th Jul 2016 4:07 pm
DO YOU NEED A LOAN IF YES CONTACT