The only shock is that Maduro admits it.
“The production models we’ve tried so far have failed and the responsibility is ours, mine and yours,” Maduro told his ruling PSUV party congress, as Venezuela looks to tackle chronic inflation the International Monetary Fund predicted would reach one million percent this year.
Flash – Venezuela’s president admits economy has failed – France 24
— Read on m.france24.com/en/20180731-venezuelas-president-admits-economy-has-failed