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Don't Cry For Me, Venezuela - It's Economy Sucks!
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#1
(This post was last modified: 12-06-2017, 07:29 AM by Serpius)
Wow, talk about an one-time strong economy going down in the pits... big time!

Don't Cry For Me, Venezuela!

I'm glad I don't live in Venezuela!

I wonder if Donald 'The Foreign Hater' Trump will accept refugees from Venezuela seeing how bad their economy is. Hmm??
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11-22-2017, 11:32 PM
  
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Bummer, the link is not working Sad
12-06-2017, 04:06 AM
  
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12-06-2017, 04:06 AMnotathoughtgiven Wrote: Bummer, the link is not working Sad

Fixed the link. Sorry... I messed up the URL. Sighs...
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12-06-2017, 07:29 AM
  
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12-06-2017, 07:29 AMSerpius Wrote:
12-06-2017, 04:06 AMnotathoughtgiven Wrote: Bummer, the link is not working Sad

Fixed the link. Sorry... I messed up the URL. Sighs...

Thank you for fixing the link.  It is really bad when you have to decide if you should eat or get vaccinated.  Their economy is really in meltdown.   Not being up on current affairs there and not wanting to register to view the whole article, what caused the economy to go so bad there?
12-07-2017, 01:43 AM
  
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12-07-2017, 01:43 AMnotathoughtgiven Wrote:
12-06-2017, 07:29 AMSerpius Wrote:
12-06-2017, 04:06 AMnotathoughtgiven Wrote: Bummer, the link is not working Sad

Fixed the link. Sorry... I messed up the URL. Sighs...

Thank you for fixing the link.  It is really bad when you have to decide if you should eat or get vaccinated.  Their economy is really in meltdown.   Not being up on current affairs there and not wanting to register to view the whole article, what caused the economy to go so bad there?

This is a top 5 reasons given out just over 1 year ago, but still holds true today.

1. They're worried Maduro is replacing democracy with a de facto dictatorship. (today, this is pretty much true)
2. A recall effort to oust Maduro was suspended by election officials. (since then, Maduro had quashed any further attempts at recall)
3. The country, in the third year of a brutal recession, has grappled with food and supply shortages. (now in its 4th year, it's economy has gotten far worse)
4. Oil prices have tanked, and $11 billion went missing from the state-run oil fund. (today, Maduro has suppressed any attempts to find the missing money)
5. Poor quality of life — from crime to poverty — has spiraled out of control. (today, the spiral continues unabated)

Source: Venezuela in Crisis: 5 Reasons Why This Oil-Rich Nation Is On The Brink Of Collapse

I believe you can access that article without any subscription. (at least it didn't ask me to sign up)
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12-07-2017, 04:39 AM
  
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