Monday, November 11, 2013

Venezuela Arrest Store Owners

Hugo Chavez may be dead, but his successor Nicolas Maduro continues his crazed Marxist policies by first inflating so much that price inflation soars above 50% and then blaming store owners for it, arresting them and seizing their stores. 

Of course, running those stores with low prices even as input costs increases will in the end be very costly for the government. And the example this creates is of course going to discourage any even remotely sane businessman from investing in Venezuela.


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