Jason Burack of Wall St for Main St did a short video talking about why thinks Bitcoin has risen from a low in 2015 of around $225 to its current price of around $900. Jason believes there’s been big demand from new Bitcoin buyers in China, India, Venezuela and other Latin […]
by David Burke, Daily Mail:
Currency the bolivar has devalued so much that traders have given up counting it
The government has commissioned 20,000 bolivar notes to keep up with the rate of inflation – the highest bank note in circulation is 100 bolivars
Baker Bremmer Rodrigues said he feels like Pablo Escobar […]
by Mac Slavo, SHTF Plan:
He won’t go easily. That seems certain enough.
There may be pressure, quietly, from the United States, but that doesn’t change the fact that the Venezuelan people are eager to be rid of their dictatorial leader and return to some sort of functioning normalcy.
When everyone is hungry, […]
by J. D. Heyes, Natural News:
Venezuela’s experiment in socialism continues to wreak havoc on the country’s economy and its people, to the point now where one-third of those admitted to hospitals – even for minor scrapes – die from shortages of key medicines.
The Associated Press reported recently that if the South American […]
by Tess Pennington, Ready Nutrition:
Venezuela truly has become a nightmare come to life. What has taken place over the last three years has been nothing short of a total destabilization of the entire country. The water system, the roads, the electrical grid, the hospital, and especially the food distribution system. Venezuelans became so […]
by J. D. Heyes, Natural News:
With each passing day the world learns something new and horrifying about the slow, steady economic decline and implosion of socialist Venezuela, and yet its leader, Nicolas Maduro, remains committed to the “revolution” that is destroying that once-vibrant South American oil producer.
Now, as reported by CNN, pictures […]
by Wolf Richter, Wolf Street:
Teetering on the brink of utter economic collapse.
Venezuela, teetering on the brink of utter economic collapse, is rushing through a tender for billions of dollars of drilling contracts to boost oil production in the Orinoco Belt.
Venezuela has seen its oil production fall slightly each year for more […]
by Frances Martel, Breitbart:
A new study finds Venezuela on the brink of famine, with an alarming fifteen percent of citizens saying they can only feed themselves with “food waste discarded by commercial establishments,” while nearly half say they have had to take time off work to search for food.
The study — conducted […]
by Olusegun Ogundeji, The Coin Telegraph:
The worsening economic situation in Venezuela which has courted a triple-digit inflation, food, riots, and citizens crossing into Colombia to buy basic necessities seems to favour digital currencies.
Bitcoin’s all-time high
According to LocalBitcoins, Bitcoin trading volume in the country hit another all-time high last week of 163,732,154 […]
Just days after a massive protest swept through Caracas, which according to estimates saw some 2 million participants demanding an end to Maduro’s reign, the Venezuelan president was chased at a regular political event by a crowd of angry protesters banging on pots yelling that they were hungry.
Videos published by activists […]
Millions rise up against socialism
Anti-socialist protesters flooded Venezuela’s capital in one of the largest mass protests against President Nicolas Maduro’s rule in over a decade – and one of the largest protests in world history.
Chanting “this government will fall,” millions rallied across Caracas to demand a recall referendum against Maduro […]
from Al Jazeera English:
From above, Caracas’ skyline still hints at the opulence that once characterised oil-rich Venezuela, but at ground level there’s no hiding today’s reality: people are queuing all night for food and medicine; inflation is with over 700 percent the highest in the world; and murders and kidnappings are spiralling out […]
from GoldSilver (w/ Mike Maloney):
The situation in Venezuela is getting worse every day. Join Mike Maloney as he explains why this path to chaos was predictable and expected.
by Shaun Bradley, The Anti Media:
Venezuela — Life in Venezuela now consists of empty grocery stores, record rates of violent crime, and widespread shortages of just about everything. The economic and political conditions have been deteriorating for years, but recent stories coming from this once-rich nation are astonishing. Bars have run out of […]
from TRU News:
Venezuelan police crushed and chopped up nearly 2,000 shotguns and pistols in a Caracas city square on Wednesday, as the new interior minister relaunched a long-stalled gun control campaign in one of the world’s most crime-ridden countries.
Interior Minister Nestor Reverol said the event marked the renewal of efforts to disarm […]