Venezuela's president admits economy has failed
Now you would think this is a good thing but if you read the story you'll see he still blames others outside the country for it's problem. Nothing socialism has done.
https://www.yahoo.com/news/venezuela...193020358.html
"..."I estimate it will take about two years to reach a high level of stability and see the first symptoms of new and economic prosperity, without for one second affecting social security and protection," added the president.
Maduro's economic recovery plan includes increasing oil production to "six million barrels a day by 2025 or before." Oil production has crashed from a high of 3.2 million barrels a day in 2008 to a 30-year low 1.5 million this year.
As well as the IMF's mind-boggling inflation prediction, it says Venezuela's GDP will plummet 18 percent this year, meaning a fourth consecutive year of double-digit falls...."