When Did Venezuelans Realize They Were Facing Hyperinflation?
By J.G. Martinez Seeing that hyperinflation on a global scale isn’t too far off in the future, I wanted to take the time today to…
Venezuela
Venezuelans Turn to Gold Nuggets as the Local Currency Implodes
By Joseph Salerno The Venezuelan government recently lopped off six zeros from its hyperinflating currency, the bolivar. The highest denomination currency note of 1 million bolivars, worth less…
Socialist Venezuela to Slash Six Zeros from Its Failed Currency
By Mike Gleason After getting off to a rough start to open the week, precious metals markets appear to be stabilizing. Gold and silver prices…
Cash “Disappearing” in Venezuela Despite Hyperinflation
By Jon Miltimore The lines snake outside the state-owned banks of Caracas virtually every day as Venezuelans wait to withdraw cash. “We are only in…
UN Rebuke of Crushing US Sanctions on Venezuela Met With Stunning Silence
Op-Ed by John McEvoy Alena Douhan, the UN special rapporteur on the negative impact of unilateral coercive measures on the enjoyment of human rights, published her preliminary…
Venezuela Issues Million Bolivar Bill Worth 50 Cents As Hyperinflation Rages
By Tyler Durden Venezuela’s currency has lost 99.999% of its value during the six years of hyperinflation, forcing the country to issue larger banknotes. On…
Venezuela Has Gone Cashless (And That’s Not All)
By J.G. Martinez Writing about the current situation in my country is becoming increasingly difficult. Just checking my personal chats with all the information I…
Two Ex-Green Berets Sentenced To 20 Years In Prison For “Rogue” Venezuela Op
By Tyler Durden A Venezuelan court stopped short of handing down the maximum sentence to two former United States Army Special Forces soldiers for their…
Driven By The Dramatic Collapse Of US Shale, The Trump Administration Takes Aim At Venezuela
By Whitney Webb, The Last American Vagabond President Trump has claimed that the U.S. no longer needs foreign oil and is “energy independent.” Yet, the…
Donald Trump Uses COVID19 Panic to Expand Drug War, Attack Venezuela
By The Conscious Resistance Derrick Broze breaks down the latest news regarding Donald Trump’s call for renewing the Drug War, attacking the Drug Cartels in…
William Barr Greenlit Bush’s Invasion of Panama, Is Venezuela Next?
By Dave DeCamp The US Justice Department unsealed an indictment on Venezuelan President Nicolas Maduro and other government officials last week, accusing them of “narco-terrorism.”…
Venezuela Is Fast Becoming World’s Biggest Refugee Crisis
By Tyler Durden According to UN data, Venezuela is fast becoming the world’s biggest refugee crisis. By the end of 2020, 6.5 million Venezuelans are…
Wages in Venezuela Are As Low As $3 a MONTH As Hyperinflation Continues
By J.G. Martinez D. Abnormal circumstances oblige people to be creative and innovative. The hyperinflation in Venezuela made wages a complete joke. We’re talking about…
US Military Surrounding Venezuela With New Deployment In Guyana
By Tyler Durden The US military has effectively surrounded Venezuela, ahead of a possible military intervention. We’ve reported in the past that the Pentagon is…