Former President Donald Trump on Tuesday compared America under President Joe Biden to Venezuela, an extremely poor socialist South American country with hyperinflation.
"Remember during the campaign I would say, with great conviction, that if these people get into office, we will end up being 'Venezuela on Steroids,'" Trump wrote on his social media platform, Truth Social.
"Guess what, another one, of many, Trump predictions that is true, or turning out to be true! 'Trump was right about everything,' as the now well known phrase (chant) goes," he said.
More than three out of four Venezuelans live in extreme poverty, according to a study from Andres Bello Catholic University covered by Reuters.
Conservative think tank The Heritage Foundation ranked Venezuela the second worst country in the world for economic freedom, with only the Asian dictatorship of North Korea edging it out.
While the South American country is no longer experiencing hyperinflation, its bolivar currency is at 222%, Reuters reported in May.
Nonprofit watchdog Freedom House gave Venezuela a 1/40 score for political rights and a 13/60 score for civil liberties, making the socialist nation one of the most repressive countries on earth.