The Looming Catastrophe in South America
There is a looming catastrophe in South America that threatens the United States and every other country in the hemisphere. The crisis centers on Venezuela which is dangerously close to collapse.
Venezuela is in chaos because of hyperinflation that could hit 10 million percent in 2019 according to the International Monetary Fund (IMF). Moreover, Venezuela’s economy shrank by 50% in the past six years.
Conditions are so bad over one-third of Venezuelans eat just one meal a day because they cannot afford food, The Miami Herald reports…