The economy of Venezuela has been in decline, ever since Hugo Chaves came into power. Now, with the changes in their government giving his successor Nicolás Maduro dictatorial power, the world can expect to see even greater shortages and increased poverty in the South American country.
Yet it should not be so. Venezuela sits upon the world’s largest oil reserves, even larger than Saudi Arabia. With petroleum being one of the greatest measures of wealth today, it would be natural to expect the country to be wealthy.
But poor management, corruption and limited production is keeping the people of Venezuela from enjoying the fruits of nature’s abundance.
As the rhetoric between Washington and Pyongyang has heated up, so has the risk to the United States. Recent missile and nuclear tests by the North Korean regime have made it clear that they are closer to their long-stated goal of attacking the United States than ever.
After their sixth nuclear test, in which they exploded what was supposed to be a two-stage hydrogen bomb, the North Korean news agency started talking about an EMP (electromagnetic pulse) attack against the United States for the first time.
What’s next for us? A totally off-grid world, where the survival of the fittest would become effective?