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Venezuela's future ?

Venezuela has more oil than any country in the world.


What will the future hold for Venezuela?

Venezuela has a bright future. I am betting sooner rather than later after the country hits rock bottom and begins to recover. It has not hit rock bottom, yet.

Hugo Chavez and Fidel Castro sent Venezuela into a downward spiral.

Fidel did horrible jobs in The Congo, Mozambique, Angola, Bolivia, Grenada, Nicaragua, El Salvador, Panama, Venezuela, etc and etc.

Both men are dead.

Venezuela has more oil than any country in the world.

The oil is crude and must be refined.

Chavez rode the Ponzi Scheme of new oil field discoveries to power and popularity. Oil reserves with limited refining capacity is big only on paper, but the volume of exports goes up like the line on the graph.

Chavez installed a corrupt government of cronies.

Venezuela has more Miss Universes than any other country in the world.

The Chinese are investing.

America is buying.

American oil giant ConocoPhillips took over Venezuela's State owned PDVSA. PDVSA fired 18,000 trained workers, and caused a massive strike.

FARC — Furezas Armadas Reolucionaires de Colombia signed a peace treaty after I was there in the American Army in the 80s and consulting in Bogota and Medellin in 2014.

Caracas, Venezuela was awful in 2016. It was worse than San Salvador, San Pedro Sula, Juarez, or Medellin. IMHO. I was in all of those places.

It has only one way to go, and that is up.

The sky is the limit.

Fred Schlimm* / Quora / July 14, 2018

* High Risk International Consultant. US Army Veteran Captain.

Questions and Answers?

Are things actually bad in Venezuela or is that capitalist propaganda?

Things are worse than you think.

Some places in Venezuela have to endure days with no water/electricity .Those are the most extreme examples, but pretty much all cities have some problems with water (tap water only comes once or twice a week where I live) or electricity (we spend 3–4 hours without electrical energy almost everyday here).

Public transport is nowhere to be found. We used to have buses, “mini-buses” and “carros por puesto” (kinda lie a taxi where you pay for your seat, like a bus), but now we don't have any of that, or the numbers have gone down dramatically. What's fashionable today is to grab a pick-up truck, put a roof on it and let people get in there. This is unsafe as well as uncomfortable, but that's the way it is.

There's a serious cash deficit .We pretty much have two currencies here: digital bolivares, and cash bolivares. The former will let you buy anything at a supermarket, food joint (provided they accept debit/transfers) or almost any store, but only cash will get you around: you need cash to pay for any kind of transportation, you need cash if you want to buy gas for your car and you most definitely need cash if you want to get out of this country.

There's less to do each day, fewer places to go and fewer options to do anything. Take for example private schooling. It used to be that almost anyone could afford it and public schools were only for the really poor. Today, private schools are too expensive for most people, but the worst part is that many of them are closing down. This is what happens when you have hyperinflation on one hand and salaries that keep soaring every other month. The same can be said for stores and malls (you see more and more closed stores everyday) and even private clinics/laboratories, as most medical staff are leaving the country, leaving a hole that just can't be filled as even the medicine students are preparing to leave even before they finish their studies.

Violence is only rising . This is a result of a long tendency, but it has only become worse as more people grow in the poor barrios and join gangs and such. Drugs are also a more common thing now, thanks to our government's ties with the Colombian (and possibly Mexican) cartels. In Puerto Ordaz, there have been three decapitations as of 2018 [1] and it's not like decapitations are a common thing here. I mean, yeah, Venezuela has been one of the most violent countries in the world for a long time, but this crap is reaching new levels of inhuman behavior.

People are leaving in droves . This is a consequence of all of the above, but it's also pretty bad in itself if we take a moment to ask ourselves “what's next?”. You see, the workforce is leaving, the remaining ones are either (1) too old or too sick to leave, (2) able to work and take care of themselves and their families by doing work in the internet and earning dollars or (3) just happy to sack off and be spoon-fed by their family abroad. What will happen when (if) this nightmare passes? Who will be left here to rebuild our country? This is probably the saddest part.

Q & A : Daniel Milán
, Lives in Venezuela

[1] Decapitaciones y matanzas: el cataclismo de la violencia que padece Bendición de Dios

ISSUES.... 07/23 / 2018 - Send Us Your Issues

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