Venezuela was once among the richest and safest countries in Latin America: Now men die in the streets fighting over five dollars

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Even the Associated Press has begun to notice the collapse of Venezuela just 15 years after the country adopted socialism:

Vigilante violence against people accused of stealing has become commonplace in this crime-ridden country of 30 million, once one of the richest and safest in Latin America. The revenge attacks underscore how far Venezuela has fallen, with the lights flickering out daily, and food shortages fueling supermarket lines that snake around for blocks.

See here.