SOCIALISM: “40% of retail stores in Venezuela go bankrupt as government mandates… minimum wage… no employer can afford”

“Just when it seems like things cannot possibly get any worse in Venezuela, they somehow do. A combination of rampant corruption, failed socialist policies, and the 2014 fall in the oil price have already left this formerly wealthy country reeling, pushing it right over the edge financially.

At the end of July, Venezuela’s annual inflation rate hit 83,000 percent… The corrupt Maduro government just implemented a 3,000 percent mandatory wage increase, which has resulted in the closure of 40 percent of the businesses that had somehow managed to remain solvent despite all the other problems in the country….”

https://www.naturalnews.com/2018-09-18-retail-stores-in-venezuela-go-bankrupt-massive-minimum-wage-hike.html

What are the fruits of Socialism? DEATH! If you only take one thing away from this article remember that statement.

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