Chavez a Lifer: Venezuela's a Goner

We are living in strange, dangerous times. With yesterday's news that Hugo Chavez can have his job for life, it's time to short Venezuela. Latin America should prepare for refugees.

Meanwhile, the U.S. continues to emasculate itself with massive deficit spending, and the promise of more interventionist regulation and spending to come.

The world, it seems, is on a path to fiscal instability and the increasing politicization of economies. Willingly, through the popular vote.

Madness.