Dead Wrong® with Johan Norberg – Why Venezuela Collapsed (VIDEO)

Don’t blame socialism for Venezuela’s horrors. It’s just that the oil price collapsed, so obviously an oil dependent country couldn’t afford imports and all that spending. Dead Wrong®. Collapse is a strong word, as a matter of fact it’s not even the correct word. Find out why from Free To Choose® Media Executive Editor and Cato Institute Senior Fellow Johan Norberg.
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