The collapse of Venezuela continues.
“The economic situation of this country is collapse,” Pablo Parada, a law student, who was participating last week in a hunger strike in front of the O.A.S. office in Caracas. “There are people who go hungry now.”
Notice that this New York Times article has no clue about the underlying causes of Venezuela’s problem. It does not even mention that their population has grown by more than 6 times since 1950.
We observe problems, deny overshoot, and blame something easy like corrupt politicians that doesn’t require us to make lifestyle changes.
Rinse and repeat to the bottom.
I wrote more about this here.