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Trapped in Venezuela: Looking to Get Out? Good Luck! - Mish - Global Economic Analysis

Yeah, "It can't happen here" is a terrible, terrible, assumption to make. I'll grant it's unlikely to happen tomorrow, but it's certain it'll happen at some point. It may be six months (or less), or sixty years (or more)...but past that I can't narrow it down much. My own feeling is it'll happen in my lifetime, but there's a decent chance I'll get lucky and die first.

Commented 3663 days ago

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Beginning of the headline :Every day, the cost of a plane ticket out of Venezuela goes up. That assumes you can get a plane ticket, and you probably cannot, even if you booked three months ago. Delta Air Lines, American Airlines, and Lufthansa cut the number of flights. Air Canada stopped all service. Economy class tickets to New York city cost as much as $3,000, if you can get them. And you probably can't. Instead, people take five-day rides to Lima, Peru as a means of escape. And that takes money as well. The result... Read More

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