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Tag Archives: venezuela
Drought, El Niño, Blackouts and Venezuela
Drought, El Niño, Blackouts and Venezuela It’s fashionable these days to blame everything that goes wrong with anything on human interference with the climate, and we had yet another example last week when President Nicolás Maduro of Venezuela fingered drought, El Niño and global warming as the reasons Venezuela’s lights keep going out. In this […]
Venezuela Shows Us What an Electricity Shortage Looks Like
Venezuela Shows Us What an Electricity Shortage Looks Like The SHTF might be a lot more subtle than an EMP or a massive natural disaster. We preppers tend to think in black and white, but there are some gray threats out there that few are considering. What if, instead of a total power outage, our […]
“It’s Pure Chaos Now; There Is No Way Back” – Venezuela Hits Rock Bottom As Its Morgues Overflow
“It’s Pure Chaos Now; There Is No Way Back” – Venezuela Hits Rock Bottom As Its Morgues Overflow When we previewed Venezuela’s upcoming hyperinflation, which in January was predicted to be 720% and as of this moment is likely far higher… … we said “This Is What The Death Of A Nation Looks Like” and […]
Venezuela Runs Out Of Electricity, Will Shut Down For A Week, El Nino Blamed
Venezuela Runs Out Of Electricity, Will Shut Down For A Week, El Nino Blamed When last we checked in on our favorite socialist paradise, Venezuela, President Nicolas Maduro’s opponents “had gone crazy.” Or at least that’s how Maduro described the situation in a “thundering” speech to supporters at what he called an “anti-imperialist” rally in […]
Which Countries Have The Highest Default Risk: A Global CDS Heatmap
Which Countries Have The Highest Default Risk: A Global CDS Heatmap Sweden beats USA and Germany as the least likely to default on its bonds but at the other end of the global sovereign risk spectrum lie two socialist utopias – Venezuela (CDS just shy of 6000bps) and Greece (CDS around 1800bps) are the nations most likely to […]
My Wealthy Country Became A Dystopia Overnight: 6 Realities
My Wealthy Country Became A Dystopia Overnight: 6 Realities We like apocalypse fantasies because a part of us thinks it would be kind of fun. No bills to pay, no job to drag yourself to — life goes back to basics. You don’t watch The Hunger Games and really think about what it would be like to […]
Will Russia End Up Controlling 73% of Global Oil Supply?
Will Russia End Up Controlling 73% of Global Oil Supply? Russia has played a master stroke in the current oil crisis by taking the lead in forming a new cartel, but it’s a move that could spell geopolitical disaster. The meeting between Russia, Qatar, Saudi Arabia and Venezuela on 16 February 2016 was the first […]
The Economic Collapse Of South America Is Well Underway
The Economic Collapse Of South America Is Well Underway The 7th largest economy on the entire planet is completely imploding. I have written previously about the economic depression that is plaguing Brazil, but since my last article it has gotten much, much worse. During 2015, Brazil’s economy shrank by 3.8 percent, but for the most recent […]
The Economic Collapse Of South America Is Well Underway
The Economic Collapse Of South America Is Well Underway The 7th largest economy on the entire planet is completely imploding. I have written previously about the economic depression that is plaguing Brazil, but since my last article it has gotten much, much worse. During 2015, Brazil’s economy shrank by 3.8 percent, but for the most recent […]
This Is How Government Dealt With Dissent And Revolt In Collapsing Venezuela – “Soldiers Shooting Civilians In The Streets, Paramilitaries Roaming Neighborhoods”
This Is How Government Dealt With Dissent And Revolt In Collapsing Venezuela – “Soldiers Shooting Civilians In The Streets, Paramilitaries Roaming Neighborhoods” Editor’ Note: The initial report about this incident was printed in error. While the videos and images below were believed to be recently recorded, several readers contacted us to report that these incidents occurred […]
Venezuela Could Be The Future of Western Civilization
Venezuela Could Be The Future of Western Civilization If anyone wants to see where western civilization is headed they need only to look at Venezuela today. The Bolivar has gone from 6.3 per dollar to 1,000 per dollar in the past few years. Last year farmers were ordered to turn over certain crops to the government […]
Venezuela Is Out of Food: Here’s What an Economic Collapse Really Looks Like
Venezuela Is Out of Food: Here’s What an Economic Collapse Really Looks Like Venezuela is out of food. After several years of long lines, rationing, and shortages, the socialist country does not have enough food to feed its population, and the opposition government has declared a “nutritional emergency.” This is just the most recent nail in the […]
Venezuela fails to persuade Saudis to cut oil production
Venezuela fails to persuade Saudis to cut oil production Meeting called ‘successful,’ but no word of agreement to help boost prices AFP/Getty ImagesVenezuela’s minister of petroleum and mining, Eulogio Del Pino, seen in December. DUBAI — Saudi oil minister Ali al-Naimi met with his Venezuelan counterpart on Sunday but didn’t announce any plans for the […]
Hyperinflating Venezuela Used 36 Boeing 747 Cargo Planes To Deliver Its Worthless Bank Notes
Hyperinflating Venezuela Used 36 Boeing 747 Cargo Planes To Deliver Its Worthless Bank Notes The weeks ago, when we showed “What The Death Of A Nation Looks Like: Venezuela Prepares For 720% Hyperinflation“, we said that after looking at a chart of Venezuela’s upcoming hyperinflation… … a hyperinflation in which the soaring stock market has […]
