The Oxford English Dictionary defines “evil” as “doing or intending to do harm.” Ultimately, given that Venezuelan President Nicolás Maduro easily could have prevented the economic catastrophe that has befallen his country, there is no other plausible explanation for the suffering and devastation experienced by millions of people.
CAMBRIDGE – On July 23, Alejandro Werner, the Director of the International Monetary Fund’s Western Hemisphere Department, announced that the Fund was expecting inflation in Venezuela to reach 1,000,000% by year’s end. In April, the IMF announced that Venezuela’s GDP was expected to be 45% below its 2013 level by the same time. These are mindboggling numbers. How and why could such a thing happen?
CAMBRIDGE – On July 23, Alejandro Werner, the Director of the International Monetary Fund’s Western Hemisphere Department, announced that the Fund was expecting inflation in Venezuela to reach 1,000,000% by year’s end. In April, the IMF announced that Venezuela’s GDP was expected to be 45% below its 2013 level by the same time. These are mindboggling numbers. How and why could such a thing happen?