Brazil Deploys Troops To Venezuela Border After Migrant Attacks – “This is going to turn into a war!”

by stockboardasset Brazil’s President Michel Temer announced an emergency meeting of government Sunday after deploying troops to the border town of Pacaraima where Venezuelan migrants clashed with residents. Temer met with key officials at his presidential palace, including those of defense, public …

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IMF Projects Venezuela Inflation Will Hit 1 Million Percent In 2018 With A Cup Of Coffee Now Costing $1.4 Million Bolivars (Germany’s Weimar Republic Redux)

via confoundedinterest: Perhaps Venezuelan President Nicolas Maduro wanted to go down in history as having the WORST hyperinflation in history. If that was his goal, he is doing quite well! (Reuters) – Venezuela’s inflation rate is likely to top 1,000,000 percent …

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Socialist Venezuela turns to barter

From Joseph T. Salerno at Mises Wire: In 2006, Venezuela’s president Hugo Chavez declared: There is a market that can be reactivated through barter and not through currency. Let us break that curse [of capitalism]. Well, twelve years later barter is …

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