TRIGGERnometry Why Socialism Never Works - A Warning From Venezuela - Daniel Di Martino
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Dec 24, 2025 
Daniel Di Martino, a Venezuelan-born economist and activist at the Manhattan Institute, shares his firsthand experiences of Venezuela's economic collapse. He discusses how socialist policies, starting with Chávez's rise, led to nationalization, rampant corruption, and deteriorating living standards. Di Martino critiques the idea that corruption alone caused the crisis, warning against the allure of 'free' benefits that stifle production. He also emphasizes the risks of socialism to personal freedoms and advocates for market-based solutions to revitalize economies.
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Gold Moved To Dubai
- Daniel claims Venezuela's central bank gold was moved to Dubai and shown in videos by corrupt regime affiliates.
- He cites marked Central Bank bars displayed in lavish videos as evidence of laundering via Dubai's gold market.
Why Socialism Magnifies Collapse
- Socialism's control of production plus price controls created shortages, hyperinflation, and collapse.
- Daniel argues these failures differentiate socialist corruption from corruption in non-socialist regimes.
Sanctions Aren't The Main Cause
- Blaming U.S. sanctions ignores domestic policy causes; Iran shows sanctions alone don't cause hyperinflation or refugee flows.
- Venezuela's crisis stems from policy choices, not primarily foreign interference.
