Maduro extends Venezuela emergency for fourth time

[Zorro]

Venezuelan President Nicolas Maduro extended a state of "economic emergency" for the fourth time Thursday, keeping vast powers to deal with a crisis that has only deepened in recent weeks.

The state of emergency, in place since January, has been extended for another 60 days, said a presidential decree.

The declaration allows the socialist government to seize assets of private companies to obtain essential food and goods.

Under the emergency, Maduro has put the army in charge of food distribution, seeking to ease severe shortages that have triggered outbreaks of looting and riots.

https://www.yahoo.com/news/maduro-extends-venezuela-emergency-fourth-time-230230683.html

It's the USA's fault we keep shooting ourselves in the foot! And we're running out of toes!

[sebastianPZZ]

1. Sinking Fast

Sad....

[DetlefK]

2. He's burning the remaining reserves in the hopes that the crisis will end by itself.

I cannot shake the feeling that Venezuela's socialism will end like Romania's Communism:
A huge demonstration in the capital, a shockingly tone-deaf reaction by the government, the demonstration turns violent and leads to fighting in the streets, the government gets abandaned by its political/military supporters, after 1 week of crisis an interim government forms, the communist regime gets replaced by a corrupt capitalist government, things get marginally better.