{"id":19756,"date":"2016-04-10T19:31:45","date_gmt":"2016-04-11T00:31:45","guid":{"rendered":"http:\/\/olduvai.ca\/?p=19756"},"modified":"2016-04-10T19:31:45","modified_gmt":"2016-04-11T00:31:45","slug":"its-pure-chaos-now-there-is-no-way-back-venezuela-hits-rock-bottom-as-its-morgues-overflow","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=19756","title":{"rendered":"&#8220;It&#8217;s Pure Chaos Now; There Is No Way Back&#8221; &#8211; Venezuela Hits Rock Bottom As Its Morgues Overflow"},"content":{"rendered":"<h3 class=\"title\"><a href=\"http:\/\/www.zerohedge.com\/news\/2016-04-10\/its-pure-chaos-now-there-no-way-back-venezuela-hits-rock-bottom-its-morgues-overflow\" target=\"_blank\">&#8220;It&#8217;s Pure Chaos Now; There Is No Way Back&#8221; &#8211; Venezuela Hits Rock Bottom As Its Morgues Overflow<\/a><\/h3>\n<div class=\"tabs\"><\/div>\n<div class=\"node sticky\" data-mediaconductor-processed=\"true\">\n<div class=\"content\">\n<p>When we previewed Venezuela&#8217;s upcoming hyperinflation, which in January was predicted to be 720% and as of this moment is likely far higher&#8230;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.zerohedge.com\/sites\/default\/files\/images\/user5\/imageroot\/2016\/01-overflow\/venezuela%20inflation_0.jpg\" alt=\"\" width=\"501\" height=\"339\" \/><\/p>\n<p>&#8230; we said &#8220;<a href=\"http:\/\/www.zerohedge.com\/news\/2016-01-22\/what-death-nation-looks-venezuela-prepares-720-hyperinflation\">This Is What The Death Of A Nation Looks Like<\/a>&#8221; and said &#8220;<em>there is no good news in any of the above for the long-suffering citizens of this &#8220;socialist paradise&#8221; which any minute now will be downgraded to its fair value of &#8220;socialist hell.<\/em>&#8221;<\/p>\n<p data-mediaconductor-processed=\"true\">Subsequent news that Venezuela was now openly liquidating its gold reserves while its president, in an amusing twist, announced last week, that henceforth\u00a0<a href=\"http:\/\/www.zerohedge.com\/news\/2016-04-07\/venezuela-orders-three-day-weekends-save-electricity\">every Friday will be a holiday<\/a>, (the term there was a slightly different meaning) to cut down on electricity usage (<a href=\"http:\/\/www.zerohedge.com\/news\/2016-04-07\/venezuela-orders-three-day-weekends-save-electricity\">while blaming El Nino for its electricity rationing<\/a>) merely confirmed that\u00a0<a href=\"http:\/\/www.zerohedge.com\/news\/2016-02-07\/venezuela-prepares-liquidate-its-remaining-gold-holdings-pay-coming-debt-maturities\">the end if nigh for this once flourishing Latin American nation<\/a>.<\/p>\n<p>Sadly, while we have been warning for years about Venezuela&#8217;s inevitable, economic devastation, we said it was only a matter of time before the chaos spreads to broader society and leads to total collapse.<\/p>\n<p>That may have arrived because as even the FT now admits, after visiting the main Caracas morgue,\u00a0<a href=\"http:\/\/www.ft.com\/intl\/cms\/s\/0\/697f928a-fa77-11e5-8f41-df5bda8beb40.html\">Venezuela risks a descent into chaos<\/a>.<\/p>\n<p>But back to the morgue of central Caracas, where FT correspondent Andres Schipani writes that the stench forces everyone to cover their nostrils. &#8220;<strong>Now things are worse than ever<\/strong>,&#8221; says Yuli S\u00e1nchez. &#8220;<strong>They kill people and no one is punished while families have to keep their pain to themselves.<\/strong>&#8221;<\/p>\n<p>Ms S\u00e1nchez\u2019s 14-year-old nephew, Oliver, was shot five times by malandros, or thugs, while riding on the back of a friend\u2019s motorcycle. His uncle, Luis Mej\u00eda, remarked that in a fortnight three members of their family had been shot, including two youths who were shot by police.<\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;It&#8217;s Pure Chaos Now; There Is No Way Back&#8221; &#8211; Venezuela Hits Rock Bottom As Its Morgues Overflow When we previewed Venezuela&#8217;s upcoming hyperinflation, which in January was predicted to be 720% and as of this moment is likely far higher&#8230; &#8230; we said &#8220;This Is What The Death Of A Nation Looks Like&#8221; and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,7],"tags":[252,413,1455,669,851,4318],"class_list":["post-19756","post","type-post","status-publish","format-standard","hentry","category-economics","category-survival-2","tag-el-nino","tag-hyperinflation","tag-national-security","tag-reality","tag-venezuela","tag-zerohedge"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/19756","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19756"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/19756\/revisions"}],"predecessor-version":[{"id":19757,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/19756\/revisions\/19757"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19756"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19756"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19756"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}