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Olduvai III: Catacylsm
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Venezuela’s Grim Reaper: A Current Inflation Measurement – Current Annual Rate 2875%

Venezuela’s Grim Reaper: A Current Inflation Measurement – Current Annual Rate 2875% The Grim Reaper has taken his scythe to the Venezuelan bolivar. The death of the bolivar is depicted in the following chart. A bolivar is worthless, and with its collapse, Venezuela is witnessing the world’s worst inflation. As the bolivar collapsed and inflation […]

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Venezuela Could Be The Future of Western Civilization

Venezuela Could Be The Future of Western Civilization If anyone wants to see where western civilization is headed they need only to look at Venezuela today. The Bolivar has gone from 6.3 per dollar to 1,000 per dollar in the past few years. Last year farmers were ordered to turn over certain crops to the government […]

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Brain-Drained

Brain-Drained Venezuela: Real Wages Collapse amid Continuing Crack-Up Boom While the crack-up boom in Venezuela continues, real wages in the country have have utterly collapsed. The bolivar is still trading close to 700 to the US dollar on the black market, and the Caracas stock index keeps making new all time highs in nominal terms […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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