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Old 11-28-2018, 11:01 AM
 
Location: London, UK
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2 years on and the situation seems to be getting more dire...

Inflation is expected to top 1.3 MILLION!% Venezuela’s Inflation Rate Surges Higher - The Wall Street Journal

There are Colombian tax payer refugee camps in Bogota and Barranquilla and the tide has no indication of stopping.

One of the comments in the following video says,

Colombia has its own poverty issues but here our grandparents teach us from childhood, "where one eats, two can eat", this simple phrase captures the spirit of the Colombian people.

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Old 11-28-2018, 11:22 AM
 
Location: Canada
7,363 posts, read 8,401,569 times
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Quote:
Originally Posted by Pueblofuerte View Post
2 years on and the situation seems to be getting more dire...

Inflation is expected to top 1.3 MILLION!% Venezuela’s Inflation Rate Surges Higher - The Wall Street Journal

There are Colombian tax payer refugee camps in Bogota and Barranquilla and the tide has no indication of stopping.

One of the comments in the following video says,

Colombia has its own poverty issues but here our grandparents teach us from childhood, "where one eats, two can eat", this simple phrase captures the spirit of the Colombian people.

Interesting video. Real shame whats happening. I disagree with the video when it says we have never seen poverty like that in Latin America before though.
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Old 11-28-2018, 11:37 AM
 
Location: London, UK
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Quote:
Originally Posted by UrbanLuis View Post
Interesting video. Real shame whats happening. I disagree with the video when it says we have never seen poverty like that in Latin America before though.
All mom & pop stores closed and supermarkets with empty shelves? A four hour line to maybe buy a loaf of bread, milk,oil, salt and a dozen eggs? No medicine in the pharmacies or equipment in the hospitals? I would say if its not completely true, it's pretty close.
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Old 11-28-2018, 12:25 PM
 
Location: Somewhere on the Moon.
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If the Venezuelan crisis isn´t controlled soon, Colombia faces a major threat to its future social, economic, and political stability. The Venezuelan presence is probably not at critical levels, except maybe in the border region, so the life of the typical Colombian isn´t suffering a decline on some things, especially public services, at least not due to the mass migration from Venezuela.

Once it becomes more recurrent deterioration of public services such as pregnant Colombian women giving birth on public hospital floors because a disproportionate of beds are occupied by Venezuelans, Colombian babies dying on the arms of doctors because the surge of demand for medicine that can save lives produces shortages, Colombian kids overcrowding public schools due to the large influx of Venezuelan kids, etc; that´s when the public outcry to control the Venezuelan flow will erupt.

In the beginning the only people to oppose mass immigration produced by a critical socioeconomic crisis in another country are usually the xenophobic and the racists. But, the moment the problem gets out of hand and everyday people begin to feel the effects of the mass immigration, people that aren´t racist or xenophobic will begin to voice their concerns.

By the looks of things, any change in Venezuela will have to start on the outside because Nicolas Maduro has the country on its knees and on a leash, with a whip at hand that he uses at will to subdue an ailing Venezuela.

Last edited by AntonioR; 11-28-2018 at 12:46 PM..
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Old 11-28-2018, 02:46 PM
 
Location: London, UK
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^^
That's periodically and definitely not the case throughout the country why would people queue for hours in line otherwise? Not to mention most are imported goods from Mexico, Brazil, sometimes Portugal and Italy. Prices of goods relative to wages are extortionate. There's always a reprieve when China gives a loan, the amount of money successive governments will owe China is huuuge!

Some countries like Caribbean ones, trade directly in oil, goods for petrol, however, the economic and especially the productive collapse is real.
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Old 12-04-2018, 05:44 PM
 
Location: London, UK
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In reference to the videos above, here's the latest by the BBC (posted less than a week ago). Its obvious that the Chinese loan has given the government some reprieve but that is sure to only last some time. If oil prices keep rising that will also somewhat sustain the status quo for a little longer, buying the chaviztas a little more time at least.

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Old 12-04-2018, 06:33 PM
 
Location: New Orleans
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Apparently shortages aren´t so much the problem now, but rather the runaway inflation makes just about anything unaffordable for the commoners of Venezuela.

I think their only chance to possibly buy some time would be to ditch the Bolivar and start using the Chinese yuan, which they could start circulating by practically giving away their petroleum to Beijing.

Apart from that far-fetched scenario, they´re screwed.
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Old 12-05-2018, 08:04 AM
 
Location: Sunnyvale, CA
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Quote:
Originally Posted by aab7855 View Post
Apparently shortages aren´t so much the problem now, but rather the runaway inflation makes just about anything unaffordable for the commoners of Venezuela.
Buying a bus ticket costs a month's wages, so yeah.



Anyway, long before the entire population moves to Colombia, the Venezuelan population will revolt, kill the current leaders, and install a new government.
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Old 12-06-2018, 07:40 AM
 
Location: Spain
12,722 posts, read 7,572,348 times
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Quote:
Originally Posted by aab7855 View Post
Apparently shortages aren´t so much the problem now, but rather the runaway inflation makes just about anything unaffordable for the commoners of Venezuela.
And the crime, a friend in Cabimas said they have banned riding motos after 8:00 pm because so many robberies. He said when he was opening his front door at night and heard a moto he'd pull out the key and go around the block one more time until the coast was clear, then try again.
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