Sunday, June 17, 2018

Steve’s Barking;Will the U.S. turn into the next Venezuela?

I know that some of you silly gooses out there will only laugh at that statement, after all Venezuela is a communist country and the good old U.S. OF A is a capitalist country. The question is does the economic system ruin a country or does the cult leadership of a country lead to the demise. Think of it this way Hugo Chavez was an extreme populist when he took over hiS country an if my memory serves me correct Venezuela economy expanded because of oil. The United States is being ruled by a cult like leader, the economy is going great guns, but will the corrupt and cult like President lead us down the same path? Will the raising of the price of goods due to tariffs slow and hinder the economy of the U.S.? Will the rising of prices on goods(especially farm goods) from the U.S. force counties like China and Mexico get their farm products from countries like Argentina and Brazil? Will the administration do something foolish like limit foreign ownership in American companies, therefore hurting foreign investment in America? Will in two years Americans see much better investment opportunities in foreign countries hindering America and American companies from getting all the capital it needs? We in the United States have this false pride that Venezuela type of economic disaster couldn’t happen here, I’m not so sure.

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