Link of the Day: Watch Snopes Tie Themselves in Knots Trying to Avoid Admitting Socialism Is the Problem in Venezuela

Snopes says:

Is this a Photograph of Worthless Money in the Gutters of Venezuela?
The disastrous economic situation in Venezuela can’t be summed up in a single image.

The photo in question was submitted with the caption: “This is a street in Venezuela. That’s money in the gutter. It’s worthless. Welcome to socialism.”

Snopes labeled it “miscaptioned”.

Then explained: “this is a genuine photograph of worthless money dumped in the gutter of a Venezuelan street. However, the accompanying caption presents an oversimplification of the series of events that led to this currency’s worthlessness and its discarding by Venezuelan residents.”

They then go on to explain all the reasons besides socialism that the money is worthless. All of which don’t happen in non-socialist countries.

It’s a tragically, unintentionally amusing thing to read.

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