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You Know It's Bad When...

...more Venzuelans than Americans believe their children's financial futures will be more secure than their own...

 

 

While some might argue "well, Venezuela are at rock-bottom, so they only have on way to go," there is certainly no fundamental or economic sign of such a renaissance and besides, with the bedrock of America built on optimism, this survey strongly suggests The American Dream, if not broken, is faltering as average-joes everywhere lose faith in politicians and central-planners. Ironically, with the rise of Sanders (and Hillary's populism), Venezuela is perhaps a good glimpse of the socialist utopia that lies ahead for The Land of The Free (as long as it's fair and equal).

Charts: Goldman Sachs