If a visitor to Venezuela is unfortunate enough to pay for anything with a foreign credit card, the eye-watering cost might suggest they were in a city pricier than Tokyo or Zurich. A hamburger sold for 1,700 Venezuelan bolivares is $170, or a 69,000-bolivar hotel room is $6,900 a night, based on the official rate of 10 bolivares for $1. But of course no merchant is pricing at the official rate imposed... 

In recent weeks, two independent journalists traveled undercover to document their experience in the socialist “paradise” of Caracas, the murder capitol of the world, and lived to share an incredible video showing the ultimate conclusion of a state run economy. Venezuela is in the midst of a complete economic collapse, with all the typical symptoms, including hyperinflation, government price...