Why this Blog?

A place where I can lament the changing times; for eccentric comments on current affairs and for unfashionable views, expressed I hope, in cogent style; also occasional cris de coeur largely concerned, I regret to say, with myself.



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Showing posts with label Devaluation. Show all posts
Showing posts with label Devaluation. Show all posts

Tuesday, 5 March 2013

De Mortuis nil nisi Bonum? Probably Not


So President Chavez is dead; no more "raspberry beret" then.


I shall, in a way, miss his absurd - indeed sometimes almost surreal - rants; I suppose every stage needs a comedian sometimes.

For the Cubans' sake I hope that whichever of his socialist henchmen takes his place will be as generous as the late-lamented one; and for the Venezuelans' sake that the replacement might have at least a minimum understanding of economics or even a basic education.


There's an old joke:
"What would happen if the Sahara desert was taken over by communists?"
Nothing for a few years and then there'd be a shortage of sand."

With arguably the world's largest oil reserves, these socialist goons have a country with crumbling infrastructure and have had even to devalue their currency.  Typical left-wing balls-up - and remember that they have nationalised everything - normally the kiss of death it is true.  If a real lefty takes over I suppose they'll start making an atom bomb like that clown in North Korea.


Sic transit gloria - or perhaps not.

Until the next time