Not much is being said in the state run media about the current events in Venezuela, but it would behoove the Armed Citizen/Prepper to pay attention to what is going on there; lots to learn. -SF
Two years ago, Venezuela was a normal functioning nation, relatively speaking of course. It was by no means a free country, but the people still had a standard of living that was higher than most developing nations. Venezuelans could still afford the basic necessities of life, and a few luxuries too.
They could send their children to school and expect them to receive a reasonably good education, and they could go to the hospital and expect to be effectively treated with the same medical standards you’d find in a developed nation. They could go to the grocery store and buy whatever they needed, and basic government services like law enforcement and infrastructure maintenance worked fairly well. The system was far from perfect, but it worked for the most part.
However, this standard of living was a mirage. Venezuela was and still is a leftist socialist nation, and the only thing propping it up was their glut of oil reserves and $100 per barrel prices. The state owned those resources, and they provided so much wealth that even Venezuela’s highly inefficient command economy could provide everything the people needed. But socialist systems do not by their nature, respond well to shock and disruptions. They’re not flexible.
As soon as the price of oil fell, the country started crumbling rapidly. The infrastructure has fallen apart, leading to rationing of both water and electricity. Inflation is out of control. Price controls have led to shortages of basic necessities. Crime is skyrocketing, and vigilante mob violence is now commonplace. All of these trends have been building over the past two years, but they have finally reached a crescendo over the last few weeks:
Read the Remainder at Ready Nutrition