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When Money Dies: In Venezuela, A Haircut Costs 5 Bananas And 2 Eggs

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#41
Venezuela Currency Collapse Proves Silver Prevails
SalivateMetal


Published on Aug 23, 2018
 

gringott

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#42
Which makes me wonder...if a haircut cost 5 bananas and 2 eggs, what is the going rate for a BJ or a handy?
The going rate for a BJ in Panama during Just Cause was one MRE, any flavor.
 

GOLDBRIX

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#43
The Bankers boys are busy, attacking Iranian, Turkish, and Venezuelan currencies, and that gentlemen is why I hold Gold and Silver...
Aye, And sooner or later they'll come for the "usd" ( small print intended).
 

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#44
Venezuelans Resort To Buying Spoiled Meat As Electricity Fails



by Tyler Durden
Fri, 08/24/2018 - 19:25


As Venezuelans deal with a historic currency devaluation and the aftermath of a massive 7.3 earthquake which hit the northern coast on Tuesday, residents of Maracaibo have been forced into long lines to buy spoiled meat - as worsening rolling blackouts have caused refrigerators across the country fail, according to AP.



Some people fall ill eating the rotten beef, but at bargain prices, it’s the only way they can afford protein as the country’s crisis hits bottom.​
...​
A pungent tray of the ground meat and other graying cuts on display one day at his counter collected flies — and a steady flow of customers. Some feed it to their dogs, said Prieto, yet others cook it for their families.​
...​
Across the way in another stall, a butcher — shirtless and smoking a cigarette — offers up trays of blackened cuts.​
“People are buying it,” said Jose Aguirre who was unloading spoiled chicken. -AP

"Of course they eat the meat — thanks to Maduro," Prieto said. "The food of the poor is rotten food."

"It smells a little foul, but you rinse it with a little vinegar and lemon,” said Yeudis Luna, who bought darkened cuts of meat to feed his three young boys in Venezuela’s second largest city. "I was afraid that they would get sick because they are small," he said. "But only the little one got diarrhea and threw up."



The rolling blackouts have affected Maracaibo for the last nine months - however things turned dire on August 10 when a fire destroyed the city's main powerline - affecting over 1.5 million people.

Refrigeration units fell idle and meat began turning. At least four butcher shops have been selling spoiled meat in Las Pulgas, Maracaibo’s central market.​
Butcher Johel Prieto said the outage turned an entire side of beef rotten. He ground up much of it and mixed it with a fresh, red meat in an attempt to mask the spoilage. -AP
Perhaps all the zoo animals have already been butchered?

https://www.zerohedge.com/news/2018-08-23/venezuelans-resort-buying-spoiled-meat-electricity-fails
 

GOLDBRIX

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#45
however things turned dire on August 10 when a fire destroyed the city's main powerline - affecting over 1.5 million people.
The MAIN POWERLINE:
1535204754133.png
 

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#46
Now THAT's a shithole country!

I can't blame anyone for wanting to leave but they have nothing to offer the world. The only solution is revolution.
 
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Fatrat

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#47
Just like in Poor America, if you aint got money, you aint got first choice...you know the rich don't suffer, right?
 

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#48
Just like in Poor America, if you aint got money, you aint got first choice...you know the rich don't suffer, right?

But in America if you drop the attitude, learn as much as possible in school or a job, keep your nose clean & work hard, hold a job or jobs, don't invest in cigs, booze, drugs or tats at least you can escape & have some sort of life. The problem is the TEE VEE has everyone convinced everything is easy, free etc.....

How many here have worked 2-3 jobs at a time? I'll bet most at one point or another. I know I have.
 

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#49
More than one million people flee Venezuela amid 'food shortages, political turmoil and economic meltdown' as inflation hits 82,000 per cent while UN warns that country is building towards 'crisis moment'

  • Growing numbers are fleeing economic meltdown and political turmoil in Venezuela, where people scrounge for food and other necessities of daily life
  • Officials from Colombia, Ecuador and Peru will meet in Bogota next week to seek a way forward
  • Peru this month tightened entry rules for Venezuelans, requiring them to carry passports instead of just national ID cards
  • Venezuela on Monday cut five zeros from prices and pegged the country's currency to an obscure state-backed cryptocurrency
  • Critics slammed the plan as inadequate in the face of inflation that topped 82,000 percent in July and is expected to reach 1 million percent this year
http://www.dailymail.co.uk/news/art...ple-flee-Venezuela-amid-political-crisis.html
 

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#50
I'm rethinking an earlier post I made. While some metal might help in the short term......
They are running out of basics or can't afford them if they can find them.
Seems the only way to survive is to be totally self sufficient for everything.
Stockpiles and livestock but that would just make you a target.
Remote living might help some.
I have a lot more thinking to do about this.......

I'm wondering if this is an experiment by tptb to see how many people die from lack of / bad food, hygiene, murder, weakness, electricity, water etc.....
 

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#51
I'm rethinking an earlier post I made. While some metal might help in the short term......
They are running out of basics or can't afford them if they can find them.
Seems the only way to survive is to be totally self sufficient for everything.
Stockpiles and livestock but that would just make you a target.
Remote living might help some.
I have a lot more thinking to do about this.......

I'm wondering if this is an experiment by tptb to see how many people die from lack of / bad food, hygiene, murder, weakness, electricity, water etc.....


You don't get it, this is normal for when the Bolsheviks take over completely.

Anybody with any amount of personal property, land, business etc will be destroyed.

This was done long ago after the 1917 Revolution in the Red Terror, read your history. Ever hear of the Kulaks?

My wife's grandfather, in what is now Lithuania, Vilnius area, was educated, owned a lot of land on which they were pretty much self-sufficient in most of the needs of life. He also was a reservist in the Army [not Red Communist]. He was shot and thrown in a ditch, all property was taken and the living family scattered around Poland as they fled for their lives. I have seen the pictures of their lives before the Reds came. Yes, they had some gold stashed, and that is the main reason they survived. All other physical assets were taken.

This is not an experiment, the experiment was back in the early 20th century. This is purely an application of a known formula.
From start until now.

Chavez used the poor rural and city poor as the backbone of the "revolution" first against the "kulaks" then against the corporations doing business there, then against just about anybody doing business. They have destroyed the oil industry through pilferage and mismanagement while enriching themselves. Even the gold that Chavez brought back home is gone. Now [too late] many are fleeing the terror of starvation. Just an old story brought forward.
 

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#52
They have destroyed the oil industry through pilferage and mismanagement while enriching themselves. Even the gold that Chavez brought back home is gone. Now [too late] many are fleeing the terror of starvation. Just an old story brought forward.
At the time, i worked for one of the oil companies which Chavez nationalized and destroyed. I went to Caracas for 6 weeks and did a report on the damage. It wasn't pretty.
.
.
 
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searcher

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#53
10 Incredible Photos From Venezuela Show The Severe Risks Of Currency Devaluation

-- Published: Monday, 27 August 2018

– Paper currency in Venezuela is now worth less than toilet paper
– Incredible Reuters photos highlight the disaster that can become of fiat (both paper & digital) currency devaluations
– 2,600,000 paper or electronic bolivars for one roll of toilet paper

– 14,000,000 bolivars for one chicken highlights the disastrous decline in the standard of living in the socialist dictatorship
– One gold coin (1 ounce) could buy over 1,200 chickens or a small chicken farm producing poultry and eggs
– Economists including the IMF are predicting that Venezuela’s inflation rate could exceed 1,000,000% this year
– Huge amounts of currency to buy basic food supplies and necessities such as toilet paper and babies nappies
– Venezuelans who own livestock, food, farms, land, bitcoin and hard assets such as gold and silver have protected their standard of living in the hyperinflation



A roll of toilet paper next to 5,000,000 bolivars which is its price today: The equivalent of less than 1/1,200th an ounce of gold bullion with gold trading at just over $1,200/oz today. Image source: Reuters


A kilogram of tomatoes next to 5,000,000 bolivars, its price today. One ounce of gold in coin or bar format could buy 1,200 kilos of tomatoes. Image source: Reuters


A chicken next to 14,600,000 bolivars, its price today. One gold coin or gold bar (1 ounce) could buy over 1,200 chickens or a small chicken farm producing poultry and eggs. Image source: Reuters

Pictures: Carlos Garcia Rawlins. Source: 10 Must See Photos from Reuters The Wider Image

Editors Note: The lesson of history, especially the history of currency and money, is that we never learn from history. With currency devaluations being seen throughout the world today, we are repeating that errors of the past. Fail to prepare, prepare to fail.

Market Updates and News This Week
Russia Buys 800,000 Ounces Of Gold In July
Bears Pile Into Gold – Exactly The Wrong Time?
Banks Now Long Gold, Short Dollar. What Do They Know?
Chinese, Asian and European ETF Investors Buy Gold As US Sells
Gold Gains on Bargain Hunting; U.S.-China Trade Talks In Focus
It’s Time for Contrarians to Get Bullish on Gold


Charts This Week

Source: Bloomberg


Source: ZeroHedge


Source: Bloomberg

News and Commentary
Gold prices edge up as Fed chair’s speech weighs on US dollar (Reuters.com)
Hedge Funds Kept Betting Against Gold Even as Prices Began Rally (Bloomberg.com)
Mexico, U.S. likely ‘hours’ away from agreement on NAFTA: minister (Reuters.com)
Gold traders see price floor amid rising open-interest in options (Reuters.com)
Gold falls 12% during the last four months; but may bounce back later this year (ScrapRegister.com)



Source: SRSRocco

Gold and Silver Setup Today vs. 2008 Means Breakout Coming (SRSRoccoReport.com)
Revolution and major economic pain coming but we have a prosperous economic future – Mauldin (MauldinEconomics.com)
Another inflation gauge is set to enter the red zone, but no worries at the Fed (MarketWatch.com)
Russia is buying lots of gold to shield it from sanctions (CNN.com)
CNN Video: Russian banker Andrey Kostin responds to sanctions (CNN.com)


Gold Prices (LBMA AM)
24 Aug: USD 1,189.95, GBP 928.76 & EUR 1,029.43 per ounce
23 Aug: USD 1,187.30, GBP 923.24 & EUR 1,027.61 per ounce
22 Aug: USD 1,196.85, GBP 928.25 & EUR 1,032.88 per ounce
21 Aug: USD 1,194.10, GBP 931.28 & EUR 1,036.12 per ounce
20 Aug: USD 1,188.75, GBP 933.29 & EUR 1,042.41 per ounce
17 Aug: USD 1,176.70, GBP 925.59 & EUR 1,032.79 per ounce

Silver Prices (LBMA)
24 Aug: USD 14.62, GBP 11.37 & EUR 12.63 per ounce
23 Aug: USD 14.63, GBP 11.34 & EUR 12.62 per ounce
22 Aug: USD 14.81, GBP 11.49 & EUR 12.77 per ounce
21 Aug: USD 14.78, GBP 11.52 & EUR 12.83 per ounce
20 Aug: USD 14.76, GBP 11.57 & EUR 12.93 per ounce
17 Aug: USD 14.66, GBP 11.54 & EUR 12.87 per ounce

https://news.goldcore.com/

http://news.goldseek.com/GoldSeek/1535371200.php
 

searcher

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#54
Will Indebted Nations Globally Follow Venezuela Into Hyperinflation?
GoldCore


Published on Aug 29, 2018
Will your fiat paper or #digital #currency become worthless as currency wars deepen?
- Fiat currency has become worth less than toilet paper in #Venezuela
- Venezuela was once one of the wealthiest countries in South America
- Currency collapse due to massive currency “printing”, digital currency creation and socialist government
- A roll of toilet paper costs 2.6m bolivars or 0.40 cents but a #gold coin (1 oz) can buy over 3,000 rolls
- A chicken costs 14.6m bolivars or $2.20 but a gold coin (1 oz) can buy over 540 chickens
- Indebted nations throughout world are vulnerable and some are already seeing sharp currency depreciation – Turkey, Syria, Iran, Iraq, South Africa, Angola, Argentina, Russia
- Risk of #hyperinflation in US, EU, UK etc is low in short-term but real risk of deflation and then stagflation
 

searcher

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#55
Venezuela – An Economic Catastrophe In Images


by Tyler Durden
Sat, 09/01/2018 - 14:30


Authored by Pater Tenebrarum via Acting-Man.com,

The Final Stage of a Crack-Up Boom

For economists the dire downward spiral of Venezuela’s economy holds the same fascination black holes hold for physicists. Both illustrate what happens amid the most extreme conditions imaginable. It is thought that this may potentially provide clues of a more general nature. The remnants of massive imploded stars are inanimate and many light years distant; regardless of how violent conditions in their vicinity are, they cannot touch us. Unfortunately, extreme economic conditions definitely involve a great deal of human suffering.



“We are the humanist socialism that will save the world”, from Venezuelan cartoonist Weil (he always draws the dear leaders with big wads of dollars sticking out of their pockets, making them look like otherworldly birds – look for his work on the intertubes).

From the perspective of Austrian economic theory, a hyperinflation event essentially represents a highly compressed, extreme version of the boom-bust cycle referred to as a “crack-up boom” (note: the original German term coined by Ludwig von Mises was “Katastrophenhausse” – the literal translation would be “catastrophic boom”).

In a past article on forced saving we inter alia discussed the post WW I crack-up boom in the Weimar Republic, one of the most infamous hyperinflation events in history. The data available on this disaster are remarkably comprehensive and detailed and demonstrate that Austrian capital and business cycle theory indeed offers the by far most accurate explanation of the boom-bust cycle.

Recent developments in Venezuela are very similar. There is definitely a crack-up boom underway, but it differs of course in a number of details from the Weimar experience. Every slice of economic history is unique in some way after all, but the underlying economic laws driving economic history nevertheless remain universally and time-invariantly applicable.

Not too long ago our good friend Keith Weiner also mentioned Venezuela, mainly in the context of criticizing too simplistic views of the factors driving price inflation such as the quantity theory of money). Obviously the supply of money is just one of these drivers – the demand for money and the supply of and demand for goods and services are the others.

This is also why the purchasing power of money is not truly measurable, as no fixed yardstick to measure it with exists. There is no such thing as a “general level of prices” anyway – this is a logical fallacy. Keith correctly points out that in Venezuela – and this is something one can observe in almost all hyperinflation cases – it is not only money printing that has triggered the slump in purchasing power, but also a collapse in production, which has happened for more than one reason.



As assorted socialists continually assure us, what they have in Venezuela is luckily not 'real socialism'. They were definitely full of praise for “Chavismo” though when high oil prices still helped mask the crumbling of the country’s economy. Some people such as Jeremy Corbyn no longer even mention Venezuela nowadays, after frequently informing us in the past how wonderful Chavez-style socialism was.

In Venezuela production collapsed very quickly after the socialist dictatorship of Chavez (and later Maduro) weakened property rights to such an extent that no sane person was prepared to take entrepreneurial risks with their capital any longer.

The entire gamut of interventions from the imposition of price controls to outright confiscation of businesses was implemented with the aim of transforming Venezuela into a full-scale command economy. Amid heavy money printing and a concomitant slump in production and imports, the demand for money eventually collapsed as well – triggering the hyperinflation phase.

It should be pointed out that capital consumption was already quite advanced before the advent of Venezuela’s socialist rulers, as their predecessors had gradually undermined the market economy for decades. Naturally, these previous interventions were also accompanied by a lot of money printing.

All interventionist governments consider the suppression of interest rates to be a cure-all – and it can of course mask structural economic problems for quite some time, as a rule up to the point when the bulk of previously accumulated capital has been consumed.



Empty shelves in supermarkets in Caracas have been the “new normal” for more than four years now. Not only has domestic production collapsed, but imports have declined precipitously as well. Holding on to cash balances denominated in the domestic currency makes no sense and a major “flight into real values” has been underway for quite some time.

Pictures of an Economic State of Emergency
We have quite a comprehensive collection of charts pertinent to the hyper-inflationary crack-up boom in Venezuela and decided to put the most interesting ones into a post (most of the charts are fairly up-to-date, but keep in mind that things are moving very fast in late stage hyperinflation).

Recently the government decided to shave off five zeros from its currency (on August 18 to be precise), which is reminiscent of the 1000 for one reverse split applied to the IBC stock market index in Caracas a few years ago (i.e., they took off just three zeros in this case).

One similarity is already ominously obvious: the collapse of the value of the Venezuelan bolivar (VEF) has immediately accelerated in the wake of the “currency reverse split”. The stock market rally also accelerated shortly after the index was robbed of three zeros.

Presumably this is mainly a psychological effect. Anyway, we have made charts of the exchange rate in which we simply ignored the removal of the five zeros. Eventually we will adjust all past numbers, but it won’t really make a difference – the charts will look exactly the same. For starters, here is a log chart of the black market rate of the VEF vs. the USD (“black market rate” in this case simply means “market price”).



A log chart of the VEF-USD exchange rate. In 2010 VEF-USD traded just above 8 bolivares per dollar in the black market. As of today it stands at more than 8.7 million bolivares per dollar (or 87.22 using the post-split value, which compares to a VEF-USD rate of 0.0008 in 2010) – note the acceleration after the “reverse split” – on August 18, one day before the five zeros were shaved off, VEF-USD stood at around 5.9 million.

A linear chart from August 2014 to today shows how the move in the exchange rate accelerated as hyperinflation really took off and the bolivar essentially ceased to be a viable medium of exchange. Moves prior to 2017 are not really visible on this chart, but it is inter alia easier to show clearly at which point the “reverse split” was implemented. As noted above, the decline in the exchange rate accelerated even further in the wake of the decision.


A linear chart of VEF-USD from 01 August 2014 to 31 August 2018. Within just 12 days after the introduction of the “new” bolivar, it moved from 59 to 87 (or from 5.9 million to 8.7 million in “old” bolivar terms).

Professor Steven Hanke of John Hopkins University runs the “Troubled Currencies Project” for the Cato Institute – he uses exchange rates to derive an implied inflation rate for the countries concerned. Although price inflation is not really measurable, this does provide us with a rough idea of how quickly the purchasing power of these currencies is vanishing.

The most recent chart of Venezuela’s implied inflation rate we have found is as of August 19, shortly after the government introduced the “new” bolivar. Since implied inflation stands at 61,670% as of August 30, it seems actually likely to us that a typo was made in the annotation and the chart refers to the situation as of August 29 rather than August 19. In any case, it is fairly current.


Venezuela’s implied annual inflation rate via Professor Hanke – on August 30 it reached 61,760%.

The next chart shows Venezuela’s narrow money supply M1 since 2008 – unfortunately we could not find a log chart going back that far, so one can only discern the “parabolic printing phase” that began in 2016 – 2017.

We calculated that Venezuela’s money supply growth amounts to 46.68 billion percent since the early 1960s. On a log chart one would no doubt see that extremely generous money printing has been practiced for a very long time (it would probably look very similar to the log chart of the exchange rate above).


Venezuela’s narrow money supply M1 – up 46.68 billion percent since the early 1960s. Its growth rate has accelerated markedly in the past several years.

This brings us to the miraculous Caracas stock market, which has soared amid a collapse in economic output – a symptom of the “flight into real values”, as stocks represent claims on real assets.

Despite the little joke we have pinched from Kyle Bass and added to the annotation, the stock market has actually preserved purchasing power quite well in recent years. There is only one problem: once the inflation phase ends, which it must one day, the subsequent “stabilization crisis” will result in a sharp fall in the prices of the stocks that have rallied the most, as the economy’s structure of production will have to be completely rearranged.

Many investors will find it very difficult to decide when to get out and move into different sectors or different types of investments – and the class of investors as a whole won’t be able to escape the coming losses anyway. In Weimar Germany several of the biggest and most prominent winners of the crack-up boom lost their entire fortunes after hyperinflation came to a sudden halt in late 1923.


IBC Index, monthly – a gain of 4.11 billion percent since the low of 2002.

With respect to declining production, we have two more charts – one shows the slump in Venezuelan oil production compared to the surge in US oil production (note that Venezuela has the largest oil reserves in the world) and the other shows official GDP growth numbers – which are only released intermittently these days.


US vs. Venezuela crude oil production from early 2005 to April 2018


Annualized GDP growth according to official statistics – since 2016 these data are only released sporadically, and we are not sure how accurate they are.

So there you have it – the symptoms of a crack-up boom.


Nicolas Maduro, the remarkably well-fed current Dear Leader of Venezuela.


An all too familiar sight in Caracas these days: somewhat less well-fed Venezuelan citizens are hunting for food in the garbage. We are sure they will be happy to learn that it isn’t the fault of “real” socialism.


The situation is apparently not much better in rural areas – here a hungry mob is seen stoning a milk cow.

https://www.zerohedge.com/news/2018-09-01/venezuela-economic-catastrophe-images
 

searcher

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#56
Abby Martin: US sanctions penalize Venezuelan people for voting & electing ‘wrong’ candidate
RT


Published on Sep 4, 2018
Journalist and Host of Empire Files, Abby Martin discusses how US sanctions against Venezuela have intensified under the Trump administration, and how these sanctions have not just weakened the country’s economy but have deprived millions of viewpoints questioning US policies abroad.

#AbbyMartin #EmpireFiles #sanctions
 

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#57
^ what bs.

Sanctions started and maintained by the bush and obama admins, but draconian under trump.
 

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#59
World's Most Dangerous Cities: Caracas - BBC Stories
BBC Stories


Published on Sep 7, 2018
The most deadly capital city in the world, boasting the world’s highest murder rate. Venezuela and its capital are in chaos, and getting in as a journalist is next to impossible. Ben Zand goes in under the radar to see what’s truly happening in the world’s most violent city.
#BBCStories #Venezuela #BenZand
 

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#60
Venezuela crisis: Where families buy rotten meat to eat - BBC News
BBC News


Published on Oct 16, 2018
Millions of Venezuelans have left the country in the last two years, fleeing the oil-rich nation’s economic collapse.

Shortages of food and basic goods, years of recession, soaring inflation and regular power shortages have left the country almost on its knees.

The government says those against the socialist President Nicolas Maduro are waging an "economic war" – but many within and outside the country blame his policies, combined with corruption and mismanagement.

One of the most affected areas is the state of Zulia, long known as the centre of the country's oil industry.

The BBC’s Vladimir Hernandez is one of the few international journalists who has been able to report from the state.

Produced by Herminia Fernandez, filmed by Omar Garcia.

Edited by Kelvin Brown.

Please subscribe HERE http://bit.ly/1rbfUog
 

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#62
I’m stunned how long the ultimate collapse is taking.
I’d have thought the people and military would have had enough by now
The oil is still pumpin' and Maduro's precious little heart is still thumpin'.

Back in 2012, Venezuela banned the commercial sale of guns and ammunition to the public because crime was on the rise. It wasn't to protect its citizens... it was to protect the government against its people.

We have lefty and righty folks who want to ban everything but muskets. In the meantime, our own government has missiles that can hit you from halfway across the world. We don't stand a chance.
 

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#63
Venezuelan women are furious as to why it costs five bananas and 2 eggs to cut women's hair... and just an egg for men.
I can understand that. It only takes four or five minutes to cut off a person's hair, two minutes with scissors and another two minutes with the electric trimmer with a 3/8 inch spacer. Then a touch up around the ears and a buzz on the back of the neck.
 

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#64
Giving Thanks - A Collapse Update From Venezuela: Corruption, Hunger, & Crime


by Tyler Durden
Thu, 11/22/2018 - 22:00


Authored by JG Martinez D via Daisy Luther's Organic Prepper blog,

In this update, Jose talks about the worsening corruption, hunger, and crime in Venezuela. It’s hard to imagine, but things are still getting worse there. As we get together to feast with our families this week, please remember the people of Venezuela, where 80% of the population does not have enough food. ~ Daisy



I have been trying to solve a couple of issues this past week, mainly related to my parents’ health. Dad just had an event with his equilibrium (he is almost 80 so it is perfectly understandable), and he hardly could come back home in his old car. Amazingly, he did not crash or got injured in the way back. In the pictures, I have seen he is alarmingly thinner. I will send him some nutritional additions as soon as I can. I have been going through some personal and familial issues that demanded lots of attention and care and had to leave the city for some days up to work a few days in a place without any kind of coverage, not even landline, in the middle of nowhere. I survived though.

Let’s begin.

Why the collapse is still going on.
Well, it is a known fact that a slow, painful collapse is definitely the worst possible scenario. Its effects are long term, the suffering it inflicts has effects on too many people, and last too much time. It affects other countries’ economies and societies, on time.

In our example, this is exactly what is happening. I read the report of a Venezuelan journalist, much smarter than me, where he explains the exact reason with very clever words, of why the mafia is still in power. His analysis is that the regime is not a vertical structure. Otherwise, it would have been much easier to overcome with conventional methodologies. The reason is that the structure is not like, for example, the Iraq government where Saddam controlled everything.

In Venezuela, the power is exerted by small, powerful because they are armed and have support from traitors as internal sources) gangs that are scattered all over the country. These can be with or without uniforms. It is very likely there are foreigners with them too, not openly but in the torture/imprisonment facilities. This kind of division offers new perspectives to know where exactly the combat should start. I would dare to say that, once we understood how they operate, it should be much easier to remove them.

Local warlords should have local interests…and local thugs to “attend” such interests, too. With some basic surveillance and taking care of the local snitches, enough information could be collected for some groups to start cooking something decent.

Yes, I am a libertarian. This kind of love for freedom is beyond nationality. That is why the communist world fears it that much and wants to eliminate it so badly.

But I would not like to analyze too much the political aspects this time. It is effectively covered, at least in its main aspects, in other articles.

An update from my wife’s family
I hadn’t written some other articles because I was waiting for my wife’s family to arrive, so I could include personal information they collected from their conversations with other travelers.

They made the trip, and the information is outstanding. They confirmed the 18 dead by freezing story in the mountains of Colombia. Being a large family with small children, they received assistance in some of the parts of the trip, even being hosted without charge in a hotel room.

To summarize, this is the general situation: people have to get into a large truck (regular buses are out of the game, there are no tires or spare parts) just to buy some basic staples, at incredible prices that increase every single day. The power grid is working just 4/5 hours a day in most of the country. Sending money is now increasingly difficult. The price of food is such that, even in a foreign currency like dollars, the numbers just don´t match: a dozen eggs is 9$, and one kilo of meat about 13$ depending on the area. Corn flour for our arepas is just found by the 12 kilos package. Rice and pasta, the same. If someone can live with those prices…

Law “enforcement” is completely corrupt.
It is quite interesting to hear what they have to say about the role of the law “enforcement” corps. They kidnapped people, asking for ransoms in foreign currency. The situation in the imprisonment facilities was…apocalyptical. Once they have collected enough money from the ransoms and what not, almost the technical stuff LEOs all of that city flee the country for good, and they are now in some place in Latin America (Colombia, perhaps?)…or even planning how to sneak up to the USA.

Go figure.

One of the most interesting investigators of this kind of stuff I have read these last few days analyzed very thoroughly about how the atomization and redistribution of power schemes are what has allowed the mafia to be in relative control so much time. With many small bands of thugs operating at the same time all over the country, and the LEO corps obeying just their own rules (presidential convoy was stopped recently by an armed group of intelligence corps, with the consequent aggressive attitude of the bodyguards, and this impasse conducted to the removal of their director, Gustavo Gonzalez L. from the chair. (You can google it). There is a lot of stuff happening under the sheets.

It is quite likely that we will see lots of nasty things in the near future, as the power structures diminishes and more and more members are “purged”. Losing control for this structure means that the ruling party in the rest of the country will be those with the uniform, the badge, and the gun or the AK. And without a legal system working, that is bad. VERY bad. As it can be supposed, this will not be a happy ending for those involved. They know that the entire world is against them. They are considered (as it should be) delinquents for good people all over the world. They have stolen our gold and destroyed our capacity to generate wealth via oil production.

Stealth mode is essential to survive in Venezuela right now.
This said, I have suggested to my fellows to activate their stealth mode. Old clothing and shoes, avoid too clean cars, use the vehicles as little as possible…Jeez, even using dark bags in case they found some food is wise. There are plenty of stories about thugs grabbing grocery bags, sometimes even stabbing the holder, if some resistance was found. Parking the car ready to leave the place is a need. A lot of assaults are carried on when people are getting into the vehicle. In my case, with my SUV busted, I had a backpack and perhaps my wife or one of the kids with another smaller backpack, and we got to the bike quickly. (How I miss my old motorbike!).

I have a lot of stuff that I was going to move from our house to my parent´s place, mainly equipment like electrical tools and similar productive, useful devices that a prepper usually has in place. But nowadays, roads are so lonely and LEOs are so…predaceous, that it is not a good idea any longer. A truck loaded with stuff will be a gold mine for those thugs. That is, provided that the gangs roaming in the desert interstate roads can be avoided, which is highly unlikely.

Rules have changed, and the very weak empire of law that once existed (the middle 70s to 90s?) is no longer present. It is not a countrywide situation, though. But now the Southern states, Amazonas and Apure are the kingdoms of the Colombian guerrilla. Thanks, Uncle Hugo!. You f—ed us well.

There have been reports on the roads to the East of the country (Cumana city for example) where 20 or 25 people gangs stop the cars and take whatever they want. LEOs will take whatever food you happen to carry, without bothering in giving you something else than a warning that you are lucky to not be going to jail. This is something to be expected in such a situation, and it can´t be more dangerous. However, it will not develop itself from one day to another; once things start to get bad and dope starts to be scarce…the hunger will make the beast leave out. The predators will go after the easier preys first. Or whatever they believe these preys are.

It is a hard compromise, but you can´t look helpless and unable to defend. There are a lot of psychos here that will shoot innocent people in the head just because they can, and they know that no one is going to come after them. If you could see some of the videos that have been uploaded about what the gangs are able to do…you would understand why I am so freaked out. Hands chopped. Picks used to drill someone´s head while a woman laughs as she is recording the footage. Jeez.

If you carry, and the situation goes the wrong direction, people under such a dangerous situation, should not draw without being ready to use their piece. Once someone knows you are armed, you will become a target: a good piece is a survival tool for the thugs, a very coveted element, and finally, a prestige symbol.

And that is the update.
This is the updating, people. I will write some more articles, as I can interview and gather everything that my family that just arrived a couple of weeks ago is able to transmit everything while it is fresh in their memories.

Thanks for your much-needed assistance, and your moral support! I won’t disappear again.

https://www.zerohedge.com/news/2018...apse-update-venezuela-corruption-hunger-crime
 

GOLDBRIX

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#65
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
This is what the new breed of radical left DEMS consider equality, Social Justice. A society where Other Peoples' Money is all gone and survival is by one's wits.

CHILDREN, GRANDCHILDREN, GREAT GRANDCHILDREN - DO NOT, DO NOT, DO NOT give up your guns ESPECIALLY for the promise of FREEDOM
 

searcher

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#67
The Breakdown Of Society In Venezuela Is ‘Something Desperate And Dangerous’

December 8, 2018


Three entire generations of Venezuelans will soon be extinct. Gone. And it’s by design. Here’s an update on the ongoing total collapse of Venezuela…
by J.G. Martinez via The Organic Prepper

One of the most devastating facts that I recently realized we have to deal with is with the changes in the very fabric of society associated with a collapse of this kind. We are seeing a breakdown of the society we once had and it is turning into something desperate and dangerous.

If the LEOs were a necessity, the possibility of access to a justice system like the one we had before is unlikely.

Not that in Venezuela we were excellent with this, but…in the cities there was some degree of personal security, especially in some high-ranked neighborhood in Caracas. I remember the mayor of Chacao, Irene Saez, gaining huge prestige in this area, as she founded a special police force, with an emphasis on honesty, ethical and moral values. They were among the best selected personnel in the country during those years.

Vice, violence, and corruption
Unfortunately, that belongs to the past. Vice and corruption is widely spread in the entire society, regardless of the stratus you look at, ranging from the food and medicines dealers in the streets, up to the highest level. You know what I mean.

I don’t want even to imagine what it would be living in a big city with over one or two million people these days. Having being robbed at knife point in my college years, I know that this is an experience that I don’t want to repeat again.

Statistically, the probabilities are much greater, and the modus operandi is now much more violent. If the robbers are drugged enough, they won’t care to shoot anyone in the head just because. They know that any investigation will be overwhelmed by the humongous volume of dead bodies. Just in very special cases will an investigation be done. Resources, both human and material, are scarce.

Workers are scarce now.
A large part of the migrant population has left their kids with their elders, with the grandmothers in their golden years mostly, in order to increase their mobility and chances to find some productive work faster. This means that the labor force in the country has decreased.

A lot of young teachers and professors of all levels of education have left. Not to mention that the number of kids in the schools is less and less. Of course, this is perfect for the current status quo. They intend to re-educate whoever is left, from the shreds of the former society. Those who left are the most reluctant, those who understood the value of freedom, mostly. Those who feel the need to earn a decent life working instead of waiting for some government food card, and that were smart enough to see what was coming.

3 generations of Venezuelans will soon be extinct or gone
And what is this cataclysm coming? I have seen already that they need to generate the extinction of 3 generations, just to control the next coming ones. It happened in Russia already. Happened in Cuba, and in China.

They dream of predation of the resources in South America, and need to wipe out any resistance of their indigenous population before they do that. Too bad for them, this person who writes for you happens to be a member of such population. That won’t be achieved. Our soil is about to be stained with the filthy rotting carcass of the invaders. Happened before, it is about to happen now.

My generation, and that one after me had enough resilience to leave and work in other countries. My precedent generation is slowly dying because of the lack of medicines and proper feeding in their golden years. The generation after me, has been unable to study and progress because it can’t feed itself nor have any access to medical care. Much fewer good paid jobs or housing.

It is a social holocaust.
Do you see now what I mean about the social holocaust these band has generated? Do you think I am exaggerating?

No one deserves that. We did not VOTE for this. Our national identification records was intervened by the Cubans, under Uncle Hugo’s regime, check the facts. Check the news website of those years, between 2003 and 2012-14. The election system, an electronic platform has been hacked and it is not reliable any longer. Smarmatic, the company that was once in charge of our election, has even declared that they can not offer trustable results any longer, and then fled the country in a hurry, because the thugs in power were going to put them in jail.

With crude at $120, it becomes easy to promise an allowance for each mother and her kids. Under 60$ a barrel…well, you are lucky if you can continue sitting in the chair without being killed by a bunch of angry people.

Those stories I read about people in Cuba that worked in the state-owned cement company that stole a couple of spoons each day from the transporting belts, in their pockets, to add some improvements to their homes, have become the day to day now in my Venezuela. Not just with cement, because all the production is controlled by the military, and goes to large buildings that are being built in a hurry, property of the thugs that need to launder as much money as possible.

Venezuela is dying.
Come on people. Anyone who believes that the country is not dying should think seriously in taking a plane and see by themselves. I guarantee a nice welcome committee in the airport. Any foreigner will be seen as a potential spy by the Pretorian guards.

Crime Inc. has taken over, because plenty of good people have left. Don’t you believe me? I have seen videos of LOTS of Arab-looking guys in fancy restaurants and discos, in white Toyotas without plates (highly illegal there) surrounded by a bunch of prepaid-looking night shift sex workers, both males and females. While before it was normal to see your average goofy college student crowd looking for some fun, the crowds now are Chinese and Arab, full-grown men…with lots of girls and young men in tight clothes. Why are there no women in these crowds other than the ones they hire? Perhaps they are back in their countries…while these guys are on duty as an invading army in MY country?

I will leave that question open.

Food and medicine traffickers (the most despicable criminals, to me) have increased their power. They pay the gangsters to protect them. Working undercover they supply to all size of business, promoting the inflation even in dollars. There is no reason for something costing $7 one day should reach $10-12 the next week. This has not happened even in the countries devastated by war.

Things are not much better in rural parts of Venezuela.
Out of the cities, where the farms are, things are not much better, neither. The problem with drug consumption and trafficking has undermined the society foundations, even our country people that always enjoyed of appreciation given their honesty, rectitude and correct behavior, values that came to have great value, after generations of civil war in the last half of the 1800s, and the discipline of the later dictatorships that ruled with an iron fist, where criminals were used as labor slave force.

The impact of drugs and other deviations in the regular life standards in small, rural communities is devastating, because the younger generations refuse to work in the fields, preferring the easy way in order to sustain their vices: trafficking whatever they can.

The poorest farmer communities have been contaminated with drug user’s hutches, with tragedies like junkies killing their entire families in drug-induced paranoia attacks. I worked all over the country, and I could see when there was weekly and daily newspapers (most of them have been closed and/or censored by the ruling mafia) how this increased in the last 15 or 20 years.

This all seems to be by design.
I don’t have any doubt that it was some sort of a silent politics, approved and encouraged to the higher levels, to weaken even more our former social fabric. This breakdown of society is by design.

A confirmation of this, at least for me, is to promise (promise only because was never provided) to single moms with a monthly allowance for every kid they have. Encouraging woman to procreate like there is no tomorrow, without the means to sustain that pile of children, is asking for trouble. I

t is to set a terrible weight over the shoulders of next generations of society. This is true for every society, in every economy no matter how strong it is, or how old that society is becoming. Of course we all know what kind of criminals that bunch of commies are.

Remedies? Solutions? Sure. Restrain the procreation possibilities to two of them, for a single mom. After the third pregnancy, sterilization mandatory by minor protection law. Encouraging single moms to work from home, providing healthcare and feeding if they have a home able to host one orphan or abandoned child. Social workers should know better that I do, and I know this has been a relative success in other countries. Our culture has still a strong moral, and respect for the matriarchal order. Aunts and grandmas have a definite role in our society as a mother’s substitute.

Society is becoming more volatile.
There is a huge resentment against the ruling mafia, I can tell for sure. And a deep fear, but this is exactly the part that makes the situation so volatile and dangerous.

This is all over the place, and they are slowly deploying National Guards all over the country because they know it is the only way to contain the pressure. Former facilities of the state-owned oil company have been conceded to military personnel. This happened in Iraq too under Saddam, as far as I know. Not surprising. A couple of years later, they were asking for rendition to the coalition troops.

In order to improve the personal security in small communities, strong actions should be taken. Of course, LEOs will have to feel the support of the community. Unless they have some kind of privileges that don’t want to lose, they will have to do their jobs so their place in the community itself does not end by…replacing them, so to speak.

Those who use drugs, or need alcohol, and can’t be useful to the community as a working member, will face the worst time of their lives: detox by lack of substance. I have listened to some stories about gangs entirely drugged before storming a farm. This is no joke. 4 guys, each with a well-positioned arrow sticking from their chests, legs or arms can still be a threat if they’re high enough, if they are allowed to get closer.

Those officers reading perhaps would like to share their experiences. However, defending ourselves is a one way ticket and must be carefully addressed. With some luck, homes may not be harmed if the possibility of being very well defended is made evident. And I like silent weapons because of the intrinsic message they offer: if there is no sound, nobody is alarmed…and nobody is going to look for the trespasser, neither.

Thanks for your support fellows, and your encouraging comments.

Be safe, and may the good Lord bless you all.

https://www.silverdoctors.com/headl..._campaign=Feed:+Silverdoctors+(SilverDoctors)
 

GOLDBRIX

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#69
The economic warfare power of the USA is awesome, ain't it. They were able to wreck a successful socialist country thru the use of sanctions....https://www.latimes.com/politics/wa...sanctions-venezuela-1503676692-htmlstory.html This was no accident, this was murder most foul.
F.r. What makes you think it is the sanction levied by the US and not the on going Socialist Progs' Tactics of .gov takeover of the economy such as converting the oil fields to State control and their Socialist Crony Capitalism policies ?
As recent as the mid 1980s Venezuela was a nice place to stop and shop for the Carribean Cruise Liners. NOT NOW!
 

Fatrat

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#70
F.r. What makes you think it is the sanction levied by the US and not the on going Socialist Progs' Tactics of .gov takeover of the economy such as converting the oil fields to State control and their Socialist Crony Capitalism policies ?
As recent as the mid 1980s Venezuela was a nice place to stop and shop for the Carribean Cruise Liners. NOT NOW!
If they were failing by themselves, why would we bother to push them? Why would England need to steal their gold?
 

anywoundedduck

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#71
They kept Maduro from getting his filthy hands on it.
What we should do, and it may help our own farmers, is to begin to appropriate that gold to pay for delivery of food, dropped,by military tankers, direct to the people. Another Berlin Airlift, so to speak.
 

Fatrat

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#72
They kept Maduro from getting his filthy hands on it.
What we should do, and it may help our own farmers, is to begin to appropriate that gold to pay for delivery of food, dropped,by military tankers, direct to the people. Another Berlin Airlift, so to speak.
If you don't believe in welfare in America? and you don't believe the government can get anything right? Why would you trust them again? Besides, the caravan people are already at the border, just throw loaves of bread and peppers over the fence...
 

anywoundedduck

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#73
If you don't believe in welfare in America? and you don't believe the government can get anything right? Why would you trust them again? Besides, the caravan people are already at the border, just throw loaves of bread and peppers over the fence...
Screw those Soros paid invaders. I am speaking of an entire nation being starved to death by a despot dictator.
What's to trust?
No, I don't want food air lifted to the starving peoples of Venezuela, by the US Military, because I don't trust them....
Can't fix stupid.
 

Fatrat

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#74
Trump is NOT A DESPOT DICTATOR, he just doesn't care who starves as long as he can steal the oil, witness Yemen, Syria, Iran, Iraq, and Libya. No sanctions and Venezuela right up there with El Salvador and Guatemala and other 3rd world countries...
 

anywoundedduck

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#75
Trump is NOT A DESPOT DICTATOR, he just doesn't care who starves as long as he can steal the oil, witness Yemen, Syria, Iran, Iraq, and Libya. No sanctions and Venezuela right up there with El Salvador and Guatemala and other 3rd world countries...
What the hell are you smokin Fatrat?
I am talking about Maduro starving his own people.
You need to put the computer down, and step away from your desk for a while.
 

Fatrat

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#76
Sanctions ALWAYS starve people, that how they work...from way back when...
 

Mujahideen

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#77
I'm rethinking an earlier post I made. While some metal might help in the short term......
They are running out of basics or can't afford them if they can find them.
Seems the only way to survive is to be totally self sufficient for everything.
Stockpiles and livestock but that would just make you a target.
Remote living might help some.
I have a lot more thinking to do about this.......

I'm wondering if this is an experiment by tptb to see how many people die from lack of / bad food, hygiene, murder, weakness, electricity, water etc.....
I’ve pondered this as well.

You would need an entire tightnit community working in sync to provide resources and security; and a very solid culture/religion to keep everyone together.
 

Cigarlover

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#78
I'm rethinking an earlier post I made. While some metal might help in the short term......
They are running out of basics or can't afford them if they can find them.
Seems the only way to survive is to be totally self sufficient for everything.
Stockpiles and livestock but that would just make you a target.
Remote living might help some.
I have a lot more thinking to do about this.......

I'm wondering if this is an experiment by tptb to see how many people die from lack of / bad food, hygiene, murder, weakness, electricity, water etc.....
I do find it interesting that lots of things seem to be going south for globalism and all at a time when the solar minimum approaches. We have crazy weather everywhere. Prices on everything are going up, pay has been stagnant for decades although in the US wages are finally increasing somewhat. The left and right are walking on eggshells just waiting for something to kick off and it's already started in France if they can keep it going.
All of this at a time when crop losses are getting real and food prices are increasing to boot. That part has only just begun. We could easily have a 30% reduction in population over the next decade because of the food shortages alone.
On top of that we have the left trying to shove mass immigration up our asses and immigrants are coming from all around.
Seems like a great time to head to the equator, buy a farm and get rich growing food.
If it's all just coincidence I would be very surprised.
 

Uglytruth

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#79
nwo goal global population 500,000,000. That means they need to kill off one way or another 7.2 billion people as of 2018.
Halt reproduction is a start. Demographics is another that is rapidly approaching for a large number.

Also on another note wind power affects the local weather. Drying fields, stopping crop dusters and killing bats that eat bugs so there will be a reduction in yields.
 

searcher

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#80
Here's an interesting turn of events.

Russia sends 'White Swan' bomber planes capable of nuclear strikes to Venezuela - as America declares the move a collaboration between 'two corrupt governments'

  • Two Russian TU-160 supersonic bombers landed in Caracas, Venezuela
  • U.S. Secretary of State Mike Pompeo slammed the move on Twitter
  • He called the deployment 'two corrupt governments squandering public funds'
  • Moscow hit back, calling him 'highly undiplomatic' and 'inappropriate'
  • Rejected criticism from U.S. 'which can feed Africa with half its military budget'
https://www.dailymail.co.uk/news/ar...pable-bombers-fly-Venezuela-angering-U-S.html