In a recent commentary on his Substack platform, economist Paul Krugman warns that the United States is on a perilous trajectory reminiscent of Venezuela’s political and economic collapse under former President Nicolás Maduro. Krugman argues that policies and rhetoric emerging from the Trump administration risk undermining democratic institutions, eroding economic stability, and deepening social divisions-trends that mirror the disturbing path Venezuela took in recent years. This article unpacks Krugman’s analysis and explores the implications of what he terms the “Venezuelification” of America.
Trump’s Economic Policies Mirror Venezuela’s Collapse Signaling Alarming Trends
The economic trajectory under Donald Trump’s administration reveals unsettling parallels to the Venezuelan crisis, sparking widespread concern among economists and policymakers. Key indicators such as unchecked inflation, escalating national debt, and aggressive deregulation mirror the policies once championed…
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Author : Samuel Brown
Publish date : 2026-01-13 17:08:00
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