TroglocratsRdumb
Diamond Member
- Aug 11, 2017
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Should America rescue Venezuela on the condition that the Maduro regime step down and allow a new government to be formed?
More than 50 countries urged Venezuela on Thursday to receive aid due to the country’s food and medicine shortages.
Many Venezuelans under the socialist Maduro regime have reverted back to a bartering system to acquire food and medicine.
A June U.N. report said “Venezuelan security forces are suspected of killing hundreds,” yet the police and government were immune from the consequences.
“We are projecting a surge in inflation to 1,000,000 percent by end-2018 to signal that the situation in Venezuela is similar to that in Germany in 1923 or Zimbabwe in the late 2000’s,” said Alejandro Werner, the director of the IMF’s Western Hemisphere Department.
Conditions in the country have worsened, causing Venezuelans to flee to countries like Colombia, Brazil, Chile, and the United States. Colombia has particularly seen an influx of 250,000 Venezuelans since August, with 3,000 people still flowing into the country each day according to a Washington Post report.
Inflation In Venezuela On Track To Reach 1 Million Percent In 2018
More Than 50 Countries Urge Venezuela To Get Aid Due To Food And Medicine Shortage
Many Venezuelans Forced To Use A Barter System As Inflation Rate Hits 40,000 Percent
More than 50 countries urged Venezuela on Thursday to receive aid due to the country’s food and medicine shortages.
Many Venezuelans under the socialist Maduro regime have reverted back to a bartering system to acquire food and medicine.
A June U.N. report said “Venezuelan security forces are suspected of killing hundreds,” yet the police and government were immune from the consequences.
“We are projecting a surge in inflation to 1,000,000 percent by end-2018 to signal that the situation in Venezuela is similar to that in Germany in 1923 or Zimbabwe in the late 2000’s,” said Alejandro Werner, the director of the IMF’s Western Hemisphere Department.
Conditions in the country have worsened, causing Venezuelans to flee to countries like Colombia, Brazil, Chile, and the United States. Colombia has particularly seen an influx of 250,000 Venezuelans since August, with 3,000 people still flowing into the country each day according to a Washington Post report.
Inflation In Venezuela On Track To Reach 1 Million Percent In 2018
More Than 50 Countries Urge Venezuela To Get Aid Due To Food And Medicine Shortage
Many Venezuelans Forced To Use A Barter System As Inflation Rate Hits 40,000 Percent