Venezuela and Elliot Abrams
published by You on 26 February, 2019 - 00:08
Recently Venezuela has hit it big in the media. It is currently experiencing financial hardship leaving many people without food, it has a president with an authoritarian streak and the opposition leader has sworn an oath of presidency saying he is the legitimate president.
Quite a bit going on there.
Are people in Venezuela starving and in need of help?
Yes. The local currency has crashed.
Venezuela has the typical problem of a former colonialist state - its economy had been rigged to provide for the needs of the coloniser. Unlike a self sufficient state, it had to historically rely upon importing its needs, while exporting its main product. Historically this was coffee. These days it is oil.