The situation in Venezuela has gone from bad to worse. The hyperinflation has gone from extreme to pure insanity. Unfortunately for the people of Venezuela, there’s no way out of this mess. When we look at this country, we see that when a currency is devalued, the people suffer. Be mindful of that, wherever you live.
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Sources Used in This Video:
https://goo.gl/UpprQe
Bloomberg Venezuela Café Con Leche Inflation Index
https://www.bloomberg.com/features/2016-venezuela-cafe-con-leche-index/
Venezuela’s Hyperinflation Is Breaking Deli Scales - Bloomberg
https://www.bloomberg.com/news/articles/2018-03-14/venezuela-s-hyperinflation-is-breaking-deli-scales
Poverty.png (860×644)
Screen-Shot-2018-03-16-at-11.36.22-AM-615x400.png (615×400)
Four meals from anarchy: How Britain would collapse in just days if power supply is cut
https://www.telegraph.co.uk/news/2018/03/17/britain-four-meals-away-anarchy-cyber-attack-takes-power-grid/
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Always make sure you have a handle on your finances, but also your preparedness. You never know what will happen.
Are you ready in case an unfortunate event occurs?
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I believe in a society where people are able to succeed if they deliver value to the world. I don't believe in a world where inequality is created by crony-ism, corrupt deals and political advantage. So many people confuse the two by blaming "the rich" without discerning filth from merit.
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Nice analization. Maybe they need a big change or improvement about their currency
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Absolutely. They really need a change. The people can't last much longer.
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Great bro,thanks so much.i am very interested and happy for your good post.
😍😍😍😍😍😍😍😍😍😍
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Wow! Venezuela is suffering right now. Violence, inflation, and a poor economy. I feel very badly for Venezuelans :(
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Same here. The people are truly suffering. I know a few people who are living there now, contacted me telling me this is really happening. It's sad.
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Venezuelans today live the greatest hyper inflation ever recorded, the result of the destruction of the productive apparatus in a socialist dream turned into a true utopia, government policies focused on the thesis of trial and error, called socialism of the 21st century, which has resulted more in error and failure of a model that has only impoverished the Venezuelan population, to the extreme that no public service works properly, and no foreign country wants to invest in Venezuela.
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It's an absolute disaster!
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Gracias por la información amigo, buen análisis
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Thank you for watching!
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La solución temporal para los que estamos en venezuela es producir ingresos en divisas extranjeras hasta que la crisis sea superada
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👏👍✌️♥️👊🏻
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Venezuelan here. Thanks for spreading information about my country.
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