When Socialists Run Out of Money They Become Dictators

This isn’t a new occurrence. Venezuela Now a Military Dictatorship

A former head of the armed forces commission in the now emasculated congress, Luis Manuel Esculpí, said, “This is now a completely militarized government. The army is Maduro’s [sole] source of authority.”

Putting the military in charge will not make raw materials appear (as the head of the Chamber of Commerce has noted), nor will it clear up the problem with their balance of payments. It does mean that the “President” of Venezuela doesn’t have to worry about anything like democracy getting in his way.