Good opinion piece by someone who left Venezuela....Hey Bernie, I left Venezuela's socialism behind for a reason: Voices
Good opinion piece by someone who left Venezuela....Hey Bernie, I left Venezuela's socialism behind for a reason: Voices
If something happened here, like in Venezuela, it would be a hundred times worse. It is my belief that a full-on economic collapse would result in hundreds of thousands of deaths within the first few weeks, after that things would slowly begin to fall into a new "normal". The government would not be even close to being able to handle the chaos, and would just concentrate on maintaining itself until things started to settle down. It would be a mess in America for a month or so, and would be a dog eat dog scenario, but eventually things would restabilize...might not be what we were used to before though. It would be ugly.
Let the begging for money commence in 3.. 2... 1...
Find a first world nation that hasn't adopted a few socialist policies. I don't think there are any. Doesn't make it the basis of our economic or governmental system as a whole though. Doesn't make it right to have such policies either.
When government abolishes private business ownership then we'll talk.