Global warming having catastrophic effects.
Proof that time travel will never be a thing. Otherwise, a time traveler could come back and short the currency and make a fortune. Imagine if someone shorted Zimbabwe dollars and parlayed that into shorting the Bolivar...
All they need to do is to raise taxes and the issue will go away.
WTF is wrong with the Venezuela Government anyway?
</sarc
And their number one customer is /was US. CITGO is a Venezuelan government owned corporation. Venezuelan oil is high in sulfur and other contaminates and is super thick. We are practically the only country in the world that has refineries to handle it. I heard that China was modifying their refineries to use it but that takes time and money........................
That's a completely meaningless number. What 24,571 percent really means is that Venezuela's money is nonsense and people only work/trade at the barrel of a gun. Their economy is a command economy where socialist bullets are the motivator. Thanks to Bernie and his followers, we could find out what that's like within a few years after President Trump leaves office. I pray that Trump will permanently solve as many problems as possible to push that civil war far into our future.
The fruits of Marxism displayed for the world to plainly see.
They just need more central government, and this will work itself out.
VZ is like AZ. The voters keep voting for the guy.
Was this reported on CNN?
Oh,wait, never mind.
“Analysts blame what they call mismanagement of a state-led economy.”
Is there any other kind of management of a state-led economy?
Why doesn’t Bernie Sanders visit Venezuela and explain to Maduro what he is doing wrong? For that matter where are Jimmy Carter, Sean Penn , Susan Sarandon and Danny Glover when you need them ? Michael Moore has a legitimate excuse not to visit. Due to his enormous caloric needs, it would be cruel for him to visit a food challenged land.
You’d imagine that Obama would have dedicated some of his ‘retirement’ world tour time to fixing some of the problems he left behind... Apparently Venezuela is too brown for him to care.
Socialism at work... they’ve gone through ‘other people’s money’ and are now down to trying to steal from each other...
There is a point where the price level is irrelevant.
Yay, socialism! It works so well. For those in charge.
Keeping an eye on the military.