In this video, I talk with author and economic analyst John Sneisen about the appalling new development out of Venezuela where Nicolas Maduro approves "Plan Rabbit" to "help" starving Venezuelans.
As Venezuela is decimated by hyperinflation, complete centralization by an authoritarian socialist state, as opposition is purged and people are forced to break into zoos in order to eat as well as eating their pets and waiting in long bread lines, President Nicolas Maduro has put "Plan Rabbit" in effect where citizens are being handed rabbits to mate in order to eat.
To most this is a joke. Venezuelans can't be independent, start a small business or provide for their families, but the government is handing them rabbits to eat. It's a disgrace.
On top of that, something that appears quite humorous for Maduro is that people have begun bringing the rabbits to bed and putting bows on them.
This is the reality of a socialist state at its end. The central planners devalue the currency into oblivion while mass handouts lead to the capitalists they depend on via extortion to go broke until there's no one left to extort and the whole centralized system comes crashing down. Now there are countless protesters in the streets and opposition is being locked up.
With an unthinkable level of regulations facing Venezuelans, the government is more concerned about controlling the populace rather than "helping" as is the ridiculous excuse of every socialist state as the leaders live in palaces while the populace is forced to drink from gutters.
Want a window into the future? Well this is it.