There are now over 50 million blogs as the blogosphere continues to double every six months. Remarkably blogs in Spanish are only 3% of all blogs, barely edging blogs in Italian, despite the much larger Spanish speaking population.
The Devil's Excrement
Observations focused on the problems of an underdeveloped country, Venezuela, with some serendipity about the world (orchids, techs, science, investments, politics) at large. A famous Venezuelan, Juan Pablo Perez Alfonzo, referred to oil as the devil's excrement. For countries, easy wealth appears indeed to be the sure path to failure. Venezuela might be a clear example of that.
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The Devil's Excrement 
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