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Venezuelan Currency Tanks 95% On Weekend, Biggest Tank In History!


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Florian
17 minutes ago, Rafr88 said:

Mostly when they blame intervencionist of the US and the righ.

And fixed:koons:

I'm not trying to defend Maduro in any way but let's not be blind, the US are playing a huge role in the instability of the country and the volatility of their currency

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Economy
38 minutes ago, mmmmmonster said:

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.

To think this could happen to the country in the world with the world's largest oil reserves

 

True the profit margin for oil there isn't as massive as say middle East since it's more expensive to extract oil in Oil Sands form (like Canada)

 

But a lot of money can still be made and it provides a lot of jobs because it's a labor intensive process

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