Venezuela Implodes

For John, BLUF:  There will be reverberations up here in North America.  Nothing to see here; just move along.

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Venezuela migration nears 'Mediterranean crisis point'

Here is the sub-headline:

The UN's migration agency says Venezuela is heading for the same refugee "crisis moment" seen in the Mediterranean in 2015.

From The Beeb, 25 August 2018.

Here is the lede plus three:

The warning comes as its neighbours try to halt the movement of people fleeing Venezuela's economic crisis.

Peru brought in stricter border regulations on Saturday - a day after a court overturned Ecuador's attempt to strengthen its own controls.

More than two million Venezuelans have fled their country since 2014.

They are fleeing a dire economic situation, with Venezuelans facing shortages of food, medicine and basic goods.

A friend of mine wrote:

Whenever it appears that the economic crisis in socialist Venezuela has reached it's nadir, another emergency situation occurs.  This country's economic collapse is having repercussions throughout many Latin America countries.  Those US Millennials advocating socialism should travel to Venezuela to view it's effects first-hand.

Various forms of socialism (Scandinavia is the example) work in high trust societies, but not all societies are such homogeneous high trust societies.  Where does the United States stand?

Regards  —  Cliff