What Is A Recession? (2)

It is now vox populi that Venezuela is struggling a serious politically induced economic crisis which has yielded bread lines and other people useless from the lack of medication. The two root causes are well-known. Historically it starts with a dependency on a major resource to feed a dysfunctional patronage and welfare state; oil. Populism has been the continuing line of politics because the late 60ies, a line dramatically expanded by Hugo Chavez since 1998. To this custom Chavez added incompetency, empty concepts, willful prejudice, corruption and even drug site visitors, the lone affluent industry in Venezuela these days.

A similar income strategy can also be being used by MedCity News , a U.S. site with 10 employees that focuses on innovation and research in well being care. Founder Chris Seper makes use of dozens of contractors to supply content not only for its own website however for websites of …