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Venezuela’s great socialist experiment has brought a country to its knees

25 August 2018

9:00 AM

25 August 2018

9:00 AM

Imagine if Theresa May suddenly announced that her government was going to devalue the pound by 96 per cent; increase the minimum wage by 6,000 per cent; pay the wage increases for millions of businesses for three months; tie the pound to a mythical cryptocurrency; prepared for petrol rationing; and impose a 0.7

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