This entry was posted on February 4, 2007 at 8:15 pm and is filed under Pictures.
Celebrating February 4th. 1992 Factoid #7: Accumulated Inflation since Chavez took over
February 4, 2007
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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