Economy 52,835 Posted August 20, 2018 Share Posted August 20, 2018 https://www.bnnbloomberg.ca/venezuela-s-95-bolivar-devaluation-adds-to-turmoil-after-drone-attack-1.1125645 Venezuela's Bolivar fell over 95% on the weekend, the biggest drop ever in world history over a such a small time frame. Inflation is set to reach 1 Million% (1,000,000%) The Government just increased minimum wage 3,500% to offset recent declines. That still puts the minimum wage at only $30/month or little more than a dollar a day The Government is also considering thing the currency to a crypto-currency. As volatile as cryptos like Bitcoin are, at this point it is far more stable than the Venezuelan Bolivar Link to post Share on other sites More sharing options...
TSUNAMI 21,297 Posted August 20, 2018 Share Posted August 20, 2018 I hate this planet. Link to post Share on other sites More sharing options...
JevyDuty 2,961 Posted August 20, 2018 Share Posted August 20, 2018 More poverty, death, pain, diseases and hunger That's all I read. So sad. Link to post Share on other sites More sharing options...
Peace 1,588 Posted August 20, 2018 Share Posted August 20, 2018 their corrupt government needs to be demolished right now. Link to post Share on other sites More sharing options...
littlepotter 76,610 Posted August 20, 2018 Share Posted August 20, 2018 what the **** chaeri pls Link to post Share on other sites More sharing options...
uo111 5,282 Posted August 20, 2018 Share Posted August 20, 2018 It was already worthless. Maybe this will illustrate to some how bad it is. But since the world has literally no leaders right now, nothing good will happen. Link to post Share on other sites More sharing options...
Fernster7 7,976 Posted August 20, 2018 Share Posted August 20, 2018 My God this is so tragic. I'm so scared for my family over there. And it will definitely get worse. **** those bastards on the government, they deserve to rot in hell. Monsters never die. Link to post Share on other sites More sharing options...
Melech 9,900 Posted August 20, 2018 Share Posted August 20, 2018 Where the leftist now that love to defend him? Link to post Share on other sites More sharing options...
Economy 52,835 Posted August 20, 2018 Author Share Posted August 20, 2018 5 minutes ago, Melech said: Where the leftist now that love to defend him? I don't think it's that simple so... Left or right is too basic a view Link to post Share on other sites More sharing options...
Melech 9,900 Posted August 20, 2018 Share Posted August 20, 2018 3 minutes ago, Economy said: I don't think it's that simple so... Left or right is too basic a view I see so many leftist defend Maduro cause he is a socialist Link to post Share on other sites More sharing options...
Gladys622 974 Posted August 20, 2018 Share Posted August 20, 2018 3 minutes ago, Economy said: I don't think it's that simple so... Left or right is too basic a view I think everyone agrees that the government there sucks boom boom cherry Link to post Share on other sites More sharing options...
ARTCHAOS 1,687 Posted August 20, 2018 Share Posted August 20, 2018 Thats mah country They also plan to add one zero to the bolivar late in the year to make "the people" belive that todays change make a huge impact on the economy. Basically a MESS Link to post Share on other sites More sharing options...
Gladys622 974 Posted August 20, 2018 Share Posted August 20, 2018 Anyway that’s super depressing. I have a best friend with family there. I hope they’re alright. Venezuela has so much potential and to see it fall into poverty under such terrible leadership is saddening, to say the least. boom boom cherry Link to post Share on other sites More sharing options...
Economy 52,835 Posted August 20, 2018 Author Share Posted August 20, 2018 21 minutes ago, mmmmmonster said: I think everyone agrees that the government there sucks 21 minutes ago, Melech said: I see so many leftist defend Maduro cause he is a socialist That's my point. It's not just left or right. Ppl need to understand HOW a government carried out is strategy is a factor too not just which political spectrum they are in There's both left and right who fail and succeed alike. Competence is very important regardless of your economic strategy Link to post Share on other sites More sharing options...
ARTCHAOS 1,687 Posted August 20, 2018 Share Posted August 20, 2018 19 minutes ago, Melech said: I see so many leftist defend Maduro cause he is a comunist Mostly when they blame intervencionist of the US and the righ. And fixed Link to post Share on other sites More sharing options...
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