Topic: Report From Venezuela: An Inside Look At A Country In Free Fall (Read 457 times)

Unfortunately its not like that. Those weapons are not given to normal civilians, and even Maduro's militia don't get to own them, just basic training to use them at most. The weapons are always under custody. They are supposedly to be given to the militia only in case of emergency (ie. evil us invasion).

This is meant to be a deterrent of sorts against a "foreign military intervention", or so their theory goes. At the same time, Maduro doesn't trust the people, he knows very well the moment the people gets arms, they will use them against him. Let me remind you, the license permit to bear arms was abolished under his term. Only authorities can legally own any firearms. (Of course common criminals own plenty).

It's almost as if DASH didn't help them at all to recover.

Your description war very accurate and made things crystal clear.
I believe that we are going to see what it is going to happen to Petro only in the case that Maduro will not be in charge anymore.

I snipped because I only wanted to comment about a leader trusting his citizens with weaponry.  It's very rare, and it is almost always a good sign.  It is, of course, anathema to the Talmudics (except for a small class of rabid Zionists in the criminal state of Israel) since it will be a lot harder to control a people without having a monopoly on the use of force.

Maduro has to keep his country independent from the international bankers as a top priority.  To the extent that the population is suffering, and the design of international sanctions is to starve out the people, it's a balancing act and not one which Maduro or the people of Venezuela wish to be playing.  It's a Zio-con game that they are forced to play.

All the boo-hoo'ing about 'providing health care' from the very same people who are trying their best to starve the Venezuelan people out is a laughable charade to anyone paying any attention at all.  Really it is.  You should be embarrassed.

Unfortunately for the Zio-cons, the people of Venezuela remember life while the international corporations were running the show and stealing all the resources from the nation.  It was hardly peaches and cream at that point either except for a few 'elite'.  When Chavez started using some of the country's oil wealth for health care, housing, etc, life got a lot better for a lot of the population.  I suspect that they remember that well, and I suspect it is why you guys are failing so hard.

without the impulse of a european christian power a latin american society crushes down.

without christian nathalism and communism, a latin american economy and society is doomed

Hmm, interesting how you decided to snip this part from my post:


I guess you have nothing to say about that since you're probably on the same wavelength as Maduro and his gang thinking that weapons and military uniform are far more important than providing funds to health programs and the national electrical system which is a complete disaster.

Wow!  A leader who trusts his own people enough to give them the tools they need to fight off invaders and treasonous sell-outs.  I like Maduro better now.  He ain't no Hugo Chavez, but an effective Nationalist all-to-same by the looks of things.

Looks like Venezuela has pretty well beaten back the Zio-con attack on his country.  Viva Venezuela!

This is what happens when the military forces of a country are corrupt. This country wouldn't reach so deep in this tragedy if their militaries were really patriot. And actually, Maduro just hasn't fall yet because he has the national bolivarian army on his hands.
It's a shame soldiers are killing their own people to defend socialism and a miserable tyrant, furthermore, turning a blind eye to drug trafficking and militias mainly composed by criminals of all sorts, especially drugs dealers.

Its like North Korea. We can't have working hospitals, with actual medicine or even cleaning tools in them, or food for the people, but (Maduro and his people) gets weapons and money for "defense", against "imperialism", which is the root of all evil, but they will "defeat it" because they are almighty and Socialism triumphs Capitalism. Yeah, just watch something from the State media, maybe you'll end like Homer Simpson in that Cuba episode...

It is the same sad story, only those who survived the eastern bloc would understand...

Of course the only reason to arm the militias is to suppress those "dangerous" demonstrations (unarmed civilians demanding electricity and water) seen during the blackouts of March. Their forces have already plenty of Kalashnikovs (and license to manufacture them, thanks to a previous agreement with Russia) so the reason to add another caliber makes little sense unless there is a plan to export sale...

Only now you get to learn about the patients deaths, this has been occurring for the last 6 years, children as well. A few managed to flee the country, many simply died waiting, but make only a note in digital media, as the entirety of the traditional paper/radio/tv media is under their control and censorship with internet constantly suffering censorship we have had to learn methods used by Iranian and Chinese dissidents to circumvent.

Pretty good read. I would have liked it if they had more detail about the individual interviews they did with refugees.

What a tough situation for these people. I have no idea how it will end but it can't go forever.

So, I was going through social media to see how things are going in Venezuela and...Man, that country is so fucked.

Jorge Arreaza, (Minister of Foreign Affairs) said in a recent tweet that another venezuelan kid died waiting for bone marrow transplant because, according to them (pro-maduro gang), the US is blocking the funds for health programs. Tweet here in spanish.

But then you have Maduro talking in national television about approving 7 million dollars to manufacture submachineguns^[1]...So, there are funds for weapons but not for health programs that are in critical conditions...Interesting. But, here's the most disturbing part:

What the fuck?

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1. https://www.tellerreport.com/life/2019-05-24---maduro-says-he-approved-almost-7-million-euros-to-manufacture-a-submachine-gun-.Sknqp0VpN.html

Dash is considered centralized by some members of this forum, but I don't know the details surrounding its change from the Darkcoin era. Now take Dash, change its name into Petro, change it enough so that nobody else can participate (node, wallets, etc), put said nodes in a single data center, do not release wallets but force everyone to use the single online wallet in a single server (hosted in the same data center), pre-mine an abitrary number of coins, peg said coins to some other arbitrary value in the world's worst coin; back it all in promises and you get a close picture of what Petro is.

Naida_BR is not too far of, it all appears to be a State backed ICO scam operation. Good luck suing Maduro...

During their big NEM token sale they raised about $250,000 altogether if you add up the tokens moved from their main address and multiply it by $60, roughly the price of a barrel of oil at the time.

Of course, they ended up ditching the whole thing in favor of releasing their own super duper X11 Dash hybrid coin, which, by all estimates, probably never even existed and was just numbers on a database or spreadsheet. Only a handful of Venezuelans bought paper certificates representing Petro holdings, but yeah, they all got shafted.

This "inflation memory" is living strong here, and i don't know if there is a chance to "cure it" short of switching to US dollars. But of course the main fueling for inflation remains unchanged. Fact is printing money makes inflation, and this is of course not limited to socialism, but socialism tends to make it worse, since they tie down the economy all over the place with fixed prices, wages, and interests rates. And of course, ownership of the "means of production" means state monopolies all over the place and few or zero chance of escaping the rules imposed by the state.

The way things are moving right know, we are bound to have a yearly inflation of 10 million %.

I have however seen cases where hyperinflation stopped almost immediately when taking appropriate economic measures. By dropping the exchange and price controls, countries like Germany and Perú quickly recovered. They also made new coins, perhaps to help aid with that "inflation memory".

Maduro foolishly made "a new coin" but nothing else, this new coin lost its entire value in less than 6 months. The new coin was meant to be 5 zeroes less the early coin, it was made in September, but a couple of months ago prices of everything were already 5 zeroes higher. Its only going to get worse.

And while that madness occurs, there is this:



30 years of taboo built the world's current most corrupt military caste. A country with people eating from garbage, but gives gasoline away for free.

There is no sense in keeping this gasoline free mentality unless it means losing military support. The military of course traffic (and or help traffic) this gasoline out of the country, where it becomes 40k USD.

People (especially foreigners) tend to blame it all in oil prices, but they fail to see 90% of the profits made by PDVSA are wasted in this idiocy. Venezuela's gasoline "subsidy" goes beyond any sanity anyone could possibly have.

Yep. You could real more on wikipedia: https://en.wikipedia.org/wiki/Unidade_real_de_valor


The Brazilian had what many call the memory of inflation. It was necessary for the government to be able to demonstrate that it was possible to have a stable currency. Thus, the fear of prices always rise, become more associated with the old currency.

Did they actually get money thanks to that coin? It's hard to believe that a smart investor would fall for such an obvious centralized shitcoin. Sites like Wired, and Bloomberg, have called it a 'scam'^[1][2], that should give investors enough reasons to stay away from Petro.

People in Venezuela aren't stupid. Those people know that the Petro wasn't created to help the economy, they know it was mainly created to circumvent the US and european sanctions and to try to attract fresh capital from foreign investors. Even the National Assembly said the Petro is illegal^[3], so even from the get-go, no one (except for pro-maduro people), trusted this scamcoin called Petro.

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1. https://www.wired.co.uk/article/venezuela-petro-cryptocurrency-bolivar-scam
2. https://www.bloomberg.com/news/articles/2018-04-03/crypto-rating-sites-are-already-calling-venezuela-s-petro-a-scam
3. https://www.coindesk.com/venezuelas-national-assembly-declares-petro-cryptocurrency-illegal

venezuela declaration from european colonialism is massively destroying it, they are becoming the savage wilderness they where before colonisation.

It seems like Petro was another way for Maduro's people to get more money and enrich corruption.
They used the blockchain technology wrongly and they disrespect the cryptocurrency industry. The sad thing is that people in Venezuela trusted this system but they ended up losing more money.

I'm don't know much about economic concepts but I do agree with capitalist countries also being vulnerable to hyperinflation. Didn't Brazil had something similar. I remember reading somewhere that they had to introduce a "non-circulating" currency at the time and used that to price goods.. I believe this was when the BRL was introduced.

This comes to a natural halt with time. In historical hyperinflation, using alternative currencies may have carried the death penalty. But when it became necessary for even the soldiers and police of the government to accept those alternative currencies, then the laws once feared became widely disregarded and a joke. Reference the Roman and Chinese hyperinflation of ancient times.