https://www.economicpolicyjournal.com/2019/12/thanks-socialists-venezuela-refugee.html
Thanks Socialists: Venezuela Refugee Crisis to Become the Largest in Modern History
The Venezuelan refugee crisis is about to surpass the scale of the Syrian crisis.
According to Hearts on Venezuela, as 2019 comes to a close, four years since the start of the Venezuelan socialist-caused humanitarian crisis, 4.6 million Venezuelans have fled the country, about 16 percent of the population. The figure is strikingly similar to the 4.8 million people that had fled Syria by 2015, four years into the massive forced displacement crisis there.
The Venezuelan refugee crisis is one of the largest in modern history, and, if current trends continue, there could be as many as 6.5 million Venezuelans living outside of the country by 2020 (based on estimates from the U.N. Refugee Agency)—far outpacing the speed of displacement seen in Syria.
Socialism, in terms of a successful economy, can’t exist (SEE: Hayek Explains Why Socialism is Impossible).
–RW

The Dumb and Dumber of economics


