Thanks to The Magic Power of Socialism™, Venezuela is getting to experience the joy of living in a postindustrial society.
Indeed, Venezuela has returned to the dark ages. Literal dark ages, in that this petroleum-exporting country can no longer keep the lights on. That’s why they’re instituting an extra half-hour of daylight savings time to avoid turning on lights.
A hydroelectric plant at Venezuela’s Guri Dam, which produces two-thirds of the country’s power, is being affected by a severe drought.
Officials have warned for weeks the water level has fallen to near its minimum operating level and could soon be shut down completely.
Unlike other countries that use hydropower as a significant energy source, such as the US, Venezuela has no sufficient reserve energy system.
The South American nation has grappled with blackouts for years. Caracas occasionally shuts down because of citywide losses of power and some rural areas are living mostly in the dark.
More of that genius socialist foresight at work.
SuperGenius Socialist President Nicolas Maduro also instituted mandatory three-day weekends to save energy.
This is what happens when socialists run out of other people’s money. They get power blackouts, yellow water and water truck hijackings, 500% inflation and chronic food shortages.
One wonders how much longer the populace is willing to take it…
Tags: hyperinflation, inflation, socialism, Venezuela
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