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CARACAS (AFP) -
When Yolanda Abreu got her check for severance pay after five years working as a cardiologist, she let out a laugh of sheer disbelief: it was barely enough for a cup of coffee.
Like her, millions of Venezuelans have seen their salaries decimated by rampant hyperinflation that is expected to drive prices up by 13,000 percent this year, IMF figures show.
Her story hit the headlines after she tweeted a photo of the check for 156,584.29 bolivars, which equates to about $0.20 on the black market.
"They called me from Caracas University Hospital to come and collect my check for benefits accrued over five years of service as a level 2 specialist in cardiology and electrophysiology," she wrote on Twitter.
And what will it buy, she wondered indignantly. "A coffee?"
originally posted by: hopenotfeariswhatweneed
a reply to: 727Sky
I spoke to a couple from Venezuela the other day, I asked why in their opinion the country is in such trouble, their opinion was the puppet dictator installed by the American government is the cause of woes.
I told them the media tells us it is the fault of socialism and they laughed, they thought that was hysterical, dumb and not even close to the reality. Their words were something along the lines of " we are paying a heavy price for not towing the line to American interests ".
originally posted by: hopenotfeariswhatweneed
a reply to: 727Sky
I spoke to a couple from Venezuela the other day, I asked why in their opinion the country is in such trouble, their opinion was the puppet dictator installed by the American government is the cause of woes.
I told them the media tells us it is the fault of socialism and they laughed, they thought that was hysterical, dumb and not even close to the reality. Their words were something along the lines of " we are paying a heavy price for not towing the line to American interests ".
originally posted by: 727Sky
Can you imagine the state of affairs in Venezuela now that the country has just about fallen to a point of no return ? What if the present monetary worth of what ever you use for money was devalued to the point it has in Venezuela...? Several years ago just about the same thing happened in Argentina and the stories of survival/crime were horrendous from what I read. youtu.be... Argentina
Venezuela was once upon a time a great and safe destination....However even back as late as 2000 time frame (if not earlier) my Spanish speaking flight attendants (some were born in Venezuela) would not leave our over night hotel for fear of BAD THINGS... Stuff like this is so sad on many different levels... Who's fault is this ? I would say look no farther than the socialist who took over the country...
There is a saying I have heard more than once that the Marxist or socialist want everyone at the same misery level (except for the inner circle and the leaders which seem do do quite well until they lose their heads).. If one looks at history I would say that is pretty spot on. Socialism takes the incentive out of being productive IMO.
CARACAS (AFP) -
When Yolanda Abreu got her check for severance pay after five years working as a cardiologist, she let out a laugh of sheer disbelief: it was barely enough for a cup of coffee.
Like her, millions of Venezuelans have seen their salaries decimated by rampant hyperinflation that is expected to drive prices up by 13,000 percent this year, IMF figures show.
Her story hit the headlines after she tweeted a photo of the check for 156,584.29 bolivars, which equates to about $0.20 on the black market.
"They called me from Caracas University Hospital to come and collect my check for benefits accrued over five years of service as a level 2 specialist in cardiology and electrophysiology," she wrote on Twitter.
And what will it buy, she wondered indignantly. "A coffee?"
www.france24.com...
originally posted by: IkNOwSTuff
originally posted by: hopenotfeariswhatweneed
a reply to: 727Sky
I spoke to a couple from Venezuela the other day, I asked why in their opinion the country is in such trouble, their opinion was the puppet dictator installed by the American government is the cause of woes.
I told them the media tells us it is the fault of socialism and they laughed, they thought that was hysterical, dumb and not even close to the reality. Their words were something along the lines of " we are paying a heavy price for not towing the line to American interests ".
Well if that’s true then they got off lightly.
Most countries that fail to fall in line with American policy usually end up bombed out of existence on top of their money being worthless.
Not saying I believe them but someone’s being lied to and I don’t know enough about the situation to say if it is us or them being fed the bs
originally posted by: Ameilia
a reply to: 727Sky
Keep socialism out of America.
originally posted by: watchitburn
Whether socialism was a factor or not is up for debate, it seems to me that corrupt Govt is the main cause here and usually is.
The people of Venezuela should be blaming their "elected" Presidents. Maduro and Chavez before him. Neither were put in power by the US and neither are or were friends of the US. But both were/are corrupt and running the country into the ground.
originally posted by: Ameilia
a reply to: 727Sky
Keep socialism out of America.
originally posted by: toms54
Last I heard they were eating the zoo animals.
originally posted by: AndyFromMichigan
Every communist nation -- and Venezuela's version of socialism is communism -- ends up reducing most of the population to the lowest common denominator. Only a small privileged elite remains who are permitted to enjoy a nice lifestyle.
It's worth noting that in America, liberals who champion socialist policies -- like, say, Bernie Sanders -- are mostly wealthy 1%ers. They want to be that elite upper-class who get to shop in the secret stores that the general public are not allowed to enter.
originally posted by: Irishhaf
a reply to: AndyFromMichigan
You big silly its obviously a Cia plan, or they just didn't elect the right people everyone knows communist/socialist policies are perfect...