AnCaps
ANARCHO-CAPITALISTS
Bitch-Slapping Statists For Fun & Profit Based On The Non-Aggression Principle
 
HomePortalGalleryRegisterLog in

 

 In Venezuela, the Lights Are Going Out. Literally.

View previous topic View next topic Go down 
AuthorMessage
RR Phantom

RR Phantom

Location : Wasted Space
Job/hobbies : Cayman Islands Actuary

In Venezuela, the Lights Are Going Out. Literally. Vide
PostSubject: In Venezuela, the Lights Are Going Out. Literally.   In Venezuela, the Lights Are Going Out. Literally. Icon_minitimeMon Apr 04, 2016 9:49 pm

Venezuela is, once again, in the throes of a full-blown electricity crisis. Citizens complain of unannounced blackouts are shutting down factories, forcing shopping malls to close early, and otherwise wreaking havoc on an already-sputtering economy. The crisis is so severe that President Nicolás Maduro has curtailed working hours for government workers. Last week he even extended the Holy Week holiday to reduce power usage.

In Venezuela, the Lights Are Going Out. Literally. Gettyimages-517439624-crop

And Venezuelans are preparing for even worse news. Many are anxiously monitoring the dwindling water supply of the enormous Guri dam, which supplies roughly half of the country’s electricity. Experts are predicting that, as soon as next week, water levels will reach such a low level that the turbines will have to be shut down. If that happens, the electricity crisis will turn into a catastrophe.

As Venezuelans await the fate, they must be wondering whether their country’s electricity supply will outlast its incompetent government. Because even though the imminent shutdown of the Guri dam is the result of a drought, it’s the socialist government’s incompetence — manifested in myriad fashions — that is the root cause of the energy crisis.

http://foreignpolicy.com/2016/04/01/in-venezuela-the-lights-are-going-out/
Back to top Go down
 

In Venezuela, the Lights Are Going Out. Literally.

View previous topic View next topic Back to top 
Page 1 of 1

Permissions in this forum:You cannot reply to topics in this forum
 :: Anarcho-Capitalist Categorical Imperatives :: AnCaps' Laissez-faire Free Trade Zone-