Venezuelan President Nicolas Maduro announced a series of major economic changes over the weekend in another desperate attempt to prop up the country's flailing economy. The key changes, which were to take effect Monday: Devalue Venezuela's currency, the bolívar, by a whopping 95%.
This was known as the "iron curtain." It was a term used to describe the boundary in Europe, which formed at the end of WWII and lasted until the ending of the Cold War.
