Comment Re:Foxwash (Score 1) 247
How much evidence do people need? How thin do Venezuelans have to get? I'm sick of you people trotting out the no true Scotsman defense every time (and it is ever time) socialism fails. The USSR failed. Every socialist economy in Eastern Europe failed. Cuba failed. North Korea failed. Venezuela failed. Socialism has resulted in starvation and misery every place it's been tried without exception. The only reason China is what it is today is Deng jettisoned the ideology along with Mao's little book.
And a bank crash is not the same thing as a failed economy. The crash is a correction, and a necessary one. When it's over much of the overcapacity is gone.
I suppose it's easier to ignore your neighbors as they try to get rich flipping houses and blame everything on the "banksters".