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Undercurrents (8/24/2016)

The “America is on Double Secret Probation” Edition.

Hello and welcome to Undercurrents. I was lazy this week as well as a bit exhausted by the news, so this week’s Undercurrents is shorter than usual. 1,340 more words


Crony capitalism started Venezuela's ruin

By Fred McMahon

Imagine a city where menus don’t include prices because inflation drives them higher daily; where streets are ghostly empty after dark and the murder rate is the world’s highest; where people queue for hours for meagre supplies of medicines and food, leaving many hungry and sick; where farmers don’t bring goods to market because roads are dangerous and police corrupt. 615 more words


The Eminent Collapse of Venezuela

“There is no turning back.”

             Hugo Chavez

“I am convinced that the path to a new, better and possible world is not capitalism, the path is socialism.” 37 more words

Venezuela: Latin American Country Faces Economic Free Fall

In Venezuela the food lines are only the most visible evidence of a nation in free fall. Known as las colas, the lines form before dawn and last until nightfall, several bodies thick and zigzagging for miles in leafy middle-class neighborhoods and ragged slums alike. 317 more words


Glavin: My, how far the anti-globalization movement has fallen

It took a cartoon appearing in the World Social Forum program in Montreal this week that could have come straight from the pages of Julius Streicher’s Nazi propaganda tabloid Der Stürmer to provide a fleeting glimpse into just how deeply the rot has spread: a hook-nosed Jew vomiting an Uncle Sam caricature, disgorging a long-bearded jihadist. 1,173 more words


Who’s Behind the Attempted Coup in Turkey?

“I am deeply hurt!”

It was John Bass, United States’ Ambassador to Turkey speaking in an interview with several Turkish journalists reported in our local daily on Sunday. 1,965 more words


Witnessing a 'Complete Collapse of Society' in Venezuela

Alvaro Ybarra Zavala puts it bluntly: “Venezuela has become hell.”

The photographer had just returned from one of his latest trips to the South American nation when he talked to TIME, and he was visibly affected by the chaos he had witnessed there. 376 more words