Home » Posts tagged 'venezuela' (Page 19)
Tag Archives: venezuela
Venezuela On The Verge Of Revolution As Hyperinflated Currency Crashes To New Record Low
Venezuela On The Verge Of Revolution As Hyperinflated Currency Crashes To New Record Low Venezuela, a country with only $10 billion left in reserves to run on, is in trouble. As the currency hyperinflates to new record lows against the dollar… James Holbrooks points out that the people are starving. The government has gone full-on authoritarian, and now desperate […]
Maduro Orders Army Into The Streets Ahead Of “Mother Of All Protests”
Maduro Orders Army Into The Streets Ahead Of “Mother Of All Protests” With the world’s attention focused on Syria and North Korea in recent weeks for obvious reason, another geopolitical hotspot is on the verge of eruption. According to AFP, after weeks of increasingly more violent protests, Venezuelan President Nicolas Maduro has ordered the army […]
Venezuela’s Money Supply Soars By A Record 200%
Venezuela’s Money Supply Soars By A Record 200% Two weeks ago, Reuters reported that due to “unexplained” reasons, the Venezuela central bank had stopped publishing its M2, or money supply, data. The M2 money supply was up by nearly 180% in mid-February from a year earlier, according to the central bank before it halted the […]
Venezuela In Dire Straits As Oil Production Falls Further
Venezuela In Dire Straits As Oil Production Falls Further Venezuela’s economic crisis continues to deepen. The South American OPEC member is thought to be sitting on nearly 300 billion barrels of oil, far more than any other country in the world, including Saudi Arabia (estimated at 268 billion barrels). But the economy has been in freefall for […]
Venezuela Stops Publishing Money Supply Data For Obvious Reasons
Venezuela Stops Publishing Money Supply Data For Obvious Reasons More than a year after hyperinflating banana republic Venezuela stopped reporting official inflation data, Venezuela has stopped publishing money supply data, depriving the general public of the last, and best, available tool to ascertain soaring inflation in what has become the world’s worst-performing economy. Then again, […]
This Region Of The World Is Being Hit By The Worst Economic Collapse It Has Ever Experienced
This Region Of The World Is Being Hit By The Worst Economic Collapse It Has Ever Experienced The ninth largest economy in the entire world is currently experiencing “its longest and deepest recession in recorded history”, and in a country right next door people are being encouraged to label their trash so that the thousands […]
Venezuelan Hyperinflation
Venezuelan Hyperinflation The Venezuelean hyperinflation is the direct result of what happens when the general population loses all confidence in the government. The current hyperinflation is reminiscent of Germany’s hyperinflation following World War I, which was also the result of a Communist Revolution and the overthrow of the government giving birth to the Weimar Republic. Venezuela’s […]
Dangerous Situation: Venezuelan National Guard Assault Members Of The Press During Protests
Dangerous Situation: Venezuelan National Guard Assault Members Of The Press During Protests During Thursday’s protest over food in Caracas, chaos erupted after supermarket shoppers were told that regulated goods they had expected to be available would not be up for sale. In a sign of just how bad things have gotten, at least 19 journalists were attacked while […]
Why You Need to Become More Self-Reliant NOW, No Matter Where You Live
Why You Need to Become More Self-Reliant NOW, No Matter Where You Live Recently, I spoke with Rory from The Daily Coin about the potential for economic collapse and why we need to pay attention to what’s going on in Venezuela. We discussed how to prepare for it, why everyone needs to work on becoming more […]
Watch Venezuela, Because Food Shortages, Looting And Economic Collapse Are Coming To America Too
Watch Venezuela, Because Food Shortages, Looting And Economic Collapse Are Coming To America Too The full-blown economic collapse that is happening in Venezuela right now is a preview of what Americans will be experiencing in the not too distant future. Just a few years ago, most Venezuelans could never have imagined that food shortages would […]
Scenes From The Venezuela Apocalypse: “Countless Wounded” After 5,000 Loot Supermarket Looking For Food
Scenes From The Venezuela Apocalypse: “Countless Wounded” After 5,000 Loot Supermarket Looking For Food Over the last several years we have documented with clockwork regularity Venezuela’s collapse into failed state status, which was cemented several weeks ago when news hit that “Venezuela had officially run out of money to print new money.” At that point […]
Venezuela at risk of unravelling as economic, energy turmoil deepens
Venezuela at risk of unravelling as economic, energy turmoil deepens Violent protests follow decision to ration energy, cut work week for public employeesSo much is riding on the onset of the rainy season in Venezuela, where people across the drought-stricken country lined up on April 28, 2016, to buy food. So far, Caracas is being […]
This Is The End: Venezuela Runs Out Of Money To Print New Money
This Is The End: Venezuela Runs Out Of Money To Print New Money Back in February, when we commented on the unprecedented hyperinflation about the be unleashed in the Latin American country whose president just announced that he would expand the “weekend” for public workers to 5 days… … we joked that it is unclear just where the country […]
More revelations on Venezuela’s “drought” and the Guri Dam
More revelations on Venezuela’s “drought” and the Guri Dam Just when I thought my recent post on the Venezuela drought was dead and buried a comment appeared. It was posted by Miguel Octavio, a physicist by training who lives in Miami but who visits Venezuela frequently, and it linked to a follow-up post on Miguel’s blog that contained a […]
