this post was submitted on 28 Apr 2024
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How could Venezula start out as the strongest, keep the exact value and end up being in last place?
Dictator
Extreme US sanctions because the US has to play Team America World Police against any country that dares socialism.
This is not true. Our economic crisis started with the drop of the oil price which predates US sanctions by 5 years.
Certainly is drastically making things worse now though, right?
Not particularly. Read up on it from an unbiased source and you'll notice that most vital humanitarian items (medicines, food, vaccines, etc.) are exempted. While luxury and consumer items are mostly untouched as well. It's actually private personal accounts and industrial transactions of the politically affiliated capital owners, that support the current government, that are sanctioned. Also oil sales specifically. The sanctions were also gradually reduced for almost two years during negotiations, then completely halted after a partial agreement in October last year.
The, "us sanctions are killing Venezuelan people" is actually a global left propaganda piece. The Chavista government was killing Venezuelan people and stealing money way before the US instated sanctions.