Meanwhile, Venezuela continues bursting at the seams
Its citizens appear to be killing each other in open, class warfare. But let's put that in perspective. To wit:
Wiki (21 Mar 2014): "Venezuela is among the most violent places on Earth. In Venezuela, a person is murdered every 21 minutes. Crimes have been so prevalent in Venezuela that the government no longer produces crime data." How long has this criminal free-for-all been going on? What's the idea behind allowing it?
After all, that is what started the student uprising, unchecked violence on campus. And those protesting the lack of police protection were met with police violence.
The middle class joined the protests because the economy is a disaster.
Venezuelan money, the bolivar, is sick. Beyond the 56% inflation, few want to exchange real money, like dollars, for the stuff. Officially the exchange rate is fixed at 6.3 bolivares/$, but the government wasn't selling its dollars. On the black market a dollar cost 85 bolivars a week ago. Now it's 57 bolivars. Why? Venezuela introduce a new free-floating foreign exchange system yesterday. A dollar could be bought for 52 bolivars. Goldman Sachs praised the move. Henrique Capriles, Maduro's opponent, called it a mega-devaluation, a harsh blow to all Venezuelans.
It's complicated, a three tiered exchange system, that seems like an economist's nightmare. See, http://www.reuters.com/article/2014/03/24/venezuela-currency-idUSL1N0ML0...