Life in Venezuela

Discussion in 'Economics' started by DallasCowboysFan, Jun 26, 2016.

  1. I think the situation is very close to a civil war, the people can no longer endure this difficult situation, many families are suffering
     
    #51     Aug 20, 2016

  2. It keeps getting worse too.......
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    Venezuela's Inflation Rate Now Approaching Lunacy Levels


    Venezuela’s inflation rate is traveling at ludicrous speed. Colombia has been unable to help, despite allowing for Venezuelans to come into the country’s supermarkets in droves. Venezuela, led by Nicolas Maduro, is the region’s only failed state.

    There has been zero relief on food inflation thanks to the inflow of goods likely being resold at a premium, and surely unable to meet domestic demand. In one month, food prices in Venezuela rose 30% with annualized inflation now at 773% year-over year ending July. It’s official, we are now approaching four-digit hyper-inflation within the next few months.

    To make matters worse, inflation is expected to worsen on the 50% minimum wage hike announced by Maduro this week. That takes effect on September 1, a gift to pro-Maduro locals who will watch thousands of opposition activists take to the streets calling for a recall vote this year.


    Sadly for Venezuelans, the 50% hike is mere political posturing by the Socialist Party of Venezuela (PSUV). With inflation over 700%, Maduro would have to raise minimum wage by 780% to get a net 5% hike. Good luck with that.

    Cumulative YTD inflation is 289% against cumulative wage hikes so far of 80%. In Venezuela, inflation is Usain Bolt and Maduro is akin to a middle-aged man running in steel toe boots, with Achilles tendinitis and a bum knee.

    Colombia at least has helped squash the looting of supermarkets in Venezuela. Maduro is great at making rhetorical speeches about the plight of the poor and the evils of capitalism; not so great at stacking shelves with bread and milk.

    Recent social indicators by the Conflict Observatory (OVCS) reflect the continued economic stress even with a decline in food protests and looting. Social stress remains elevated with the large scale political protest for September 1 fast approaching. Maduro said he will treat anti-government activists with the same force handed down to Turkey’s coup plotters by Recept Erdogan, the country’s president.

    However, Morden believes the economic stress factor will outweigh political loyalties to PSUV, the party of deceased president Hugo Chavez. Any violence against activists would likely backfire. PSUV is up for local re-elections in October. And any crackdown on political rights, already dubious in Venezuela, would make it hard even for the most ardent left wingers in the U.S., Brazil and Europe to back Maduro.

    http://www.forbes.com/sites/kenrapo...e-now-approaching-lunacy-levels/#68f2479b2269
     
    #52     Aug 26, 2016
  3. Tom B

    Tom B

    F-ing socialists.

    Man claims son was eaten by fellow inmates during riot in Venezuelan prison

    By Alex Vasquez S.Published October 14, 2016

    CARACAS, VENEZUELA – Juan Carlos Herrera is beyond devastated. He says his 25-year-old-son, jailed in 2015 for robbery, was beaten, dismembered and eaten by fellow inmates at the Táchira Detention Center.

    http://latino.foxnews.com/latino/ne...low-inmates-during-riot-in-venezuelan-prison/
     
    #53     Oct 15, 2016
  4. yiehom

    yiehom

    All lies ! Just because you can write it here doesn't make it "the" truth.
     
    #54     Oct 16, 2016
  5. d08

    d08

    What's impossible about it? When regular citizens are starving, I doubt the prisoners have much of anything.
     
    #55     Oct 16, 2016
  6. yiehom

    yiehom

    A starving country could not be sending boats and helicopters to Haiti, which most of the "powers" haven't done. Stop believing all the subversive propaganda on tv.

     
    #56     Oct 16, 2016
  7. luisHK

    luisHK


    The videoclip of venezuaelan inmates forcing another one to eat his own fingers is out there. There are actually 2 clips of the same nights, showing different tortures. At least Venezuelan jails have mobile phones and cameras, not that backward.
     
    #57     Oct 16, 2016
  8. d08

    d08

    Who do you think finances the UN? The UN trucks were also looted, no point helping them. Haiti has always been a problem, natural disasters just make it from bad to worse.
     
    #58     Oct 16, 2016
  9. Things have gone from bad to worse to unbelievable...


    This was written by a woman whose first language is Spanish.

    It's a pretty dramatic portrayal of her daily life in Venezuela. We never hear this much about it.

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    • Private ownership of guns was banned in 2012. Then things began to go downhill in a hurry.
    • In 2013, preppers were relabeled “hoarders” and the act of stocking up became illegal.
    • In 2014, the government instituted a fingerprint registry for those who wished to buy food to ensure they didn’t take more than their “share.”
    • In 2015, things began to devolve more quickly as electricity began to be rationed and farmers were forced to turn over their harvests to the government.
    • 2016 brought the announcement that folks were on their own – there was simply not enough food. As well, despite the rationing, an electricity shortage was announced.
    • 2016 also brought the news that the country was out of everything: food, medicine, and nearly all basic necessities. People were dying of starvation and malnourishment made other illnesses even worse. Hyperinflation brought exorbitant prices, like $150 for a dozen eggs.
    • Now, civil war is near (if not already happening.) They’re calling it “protests” but violence between the people and the government is ongoing. This rage is stoked by wealthy Venezuelans who enjoy luxurious meals, fabulous parties, and lush accommodations while the rest of the country struggles to find a bag of rice they can afford. Let them eat cake?

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    Malls and big stores are basicly alone because there are places where “colectivos” use to attack, with bombs and there is a group of about 40 men in motorcicles that have been creating chaos in the whole city, every day the take the city they have plenty of arms and the just go through the city shooting building houses, stealing stores, people on the streets, batteries of cars, everything the want… this situation is far worst that we ever imagine. they kill people every day and they are pay mercenaries from the goverment because no one does nothing.

    the goverment people is also killing inocents. kids… teenagers, the youth. we are panicking. We bough a land 3 years ago. I got pregnant and we decided to wait. the land is a safe zone but is 5 hours from here. is a very small town 11. 000 people. I live ib a city with about 3 million people. at least for now the town are peaceful but there isnt electricity and the isnt an asfalt road so this doesnt sound lovely for thief that are now looking for biggest fish to cash. according to our neighbours the town is in calm nothing has happen. We need to go as soon as possible. I am scared because what you say is also true. But in the city there are no options at least not now. . what do you thnk we should do? I realize appreciate what you recommend.


    Venezuelan houses are already bunkers. This has being like this ever since I can remember. Perhaps 20 years… Every regular house is made like bunkers. Pure concrete from the botton to the walls to everything. Every house has also 2 to 3 security doors really big and heavy ones and on top of that we have fences and electric fences on top Of BIG GATES. And trust me is not enough to be safe.

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    Much more here..........

    http://www.zerohedge.com/news/2017-06-05/letters-venezuela-what-life-really-post-collapse-society
     
    #59     Jun 6, 2017
    murray t turtle likes this.
  10. That's masturbation material for some of ET's ultra liberals
     
    #60     Jun 6, 2017