so, it seems to be a currency crisis in venezuela that's being spurred on by an undiversified economy. and the protestors in the street seem to not have any particular ideological persuasion.

if there's something to this, it reduces to the idea that venezuela is basically a mercantilist and colonial import/export economy, rather than a socialist state. in other words, what this says is that while the "bolivarian revolution" may have dramatically reduced inequality it has completely failed in producing a self-sustainable socialist economy. they import everything. that's the opposite of socialism...

all the signs are that venezuela is in for a rough ride. this was obvious to me after reading maduro's first public remarks. let's remember that, moving forward.

http://libcom.org/news/express-summary-venezuela%E2%80%99s-situation-curious-people-andor-poorly-informed-22022014