🔴 The Venezuela Crisis: State Of Disaster | Full Documentary


They haven’t told me anything. I want to know about my child. I’ve never seen a case that really fits this
complexity. In terms of decline from their peak, I don’t
think I’ve seen anything quite like this. I don’t have any information on him, I don’t
know anything. We need to get people eating. Fundamentally, we need to get people eating. That comes, actually, before the politics. Of course, it does. The state’s a disaster. This is not a functioning place of sort. Cops just shoot people in the street, because
they don’t trust the penal system. It’s not clear if Maduro falls what would
replace him. In order to learn how Venezuela went from
being the richest nation in Latin America to becoming a disaster state, we went directly
to the impoverished nation to speak with the people living, working, and surviving there
every day. The minimum wage is five million Bolivares. You have 3 million in salary, and a two million
food voucher. But it’s not enough, because the basic shopping
basket is well above that amount. In order to make ends meet, Luis quit school
to find work, so he could buy food for him and his mother. Well they’re many people who have two or three
jobs and earn a little bit more and it’s enough at least to buy bread on a daily basis. But in my case, I only have one job and one
wage. This morning, I only had arepas for breakfast
because I didn’t have anything to fill them with. I don’t know what I’m going to have for lunch
at noon. I haven’t seen what’s in the fridge. In a normal country people don’t talk like
this. I talk to my family members who live abroad
and who live a normal life. They send me photos. Honestly, their lifestyle is what every youngster
in Venezuela dreams for. The story Luis shares is heartbreaking, but
it’s not unique to him. This is the day-to-day life in Venezuela. People can’t buy food, because the cost continues
to rise by over 50% each month. That’s the hyperinflation. Paper money is essentially worthless. That’s the broken economy. And the shelves at stores are bare, because
the government keeps reducing imports in order to try to balance the budget. That’s the corruption. For clarity on these factors, Real Vision
is fortunate to be working with Jay Newman, who came to us with this project in mind. Nobody knows the geopolitical world better
than Jay does. He’s been an investor in developing countries
for over 30 years and was recently profiled in the Wall Street Journal, saying that the
situation in Venezuela has captured his focus for a variety of reasons. Jay and I got to talking, and we realized
stories like Luis’ need to be told. Venezuela is one of those slow-motion train
wreck. People have seen it coming through years. They’ve been part of it for years. They’ve watched Chavez and now Maduro for
years. And for at least a decade, probably even more,
people have said things cannot get any worse in Venezuela. And then they get worse every single day,
every week. So what interested me is the question of how
a wealthy country so close to the US can be in such dire circumstances to try to understand
what can be done to fix it. Talk to me a little bit about the emotions
that the leadership of Venezuela elicits when you consider what’s happened? JN: Venezuela is a country that has tremendous
wealth– human capital, weather, land, and it’s been destroyed. And how does bad government take root and
really thrive? Because in a perverse way, that’s what’s happened
over the last 20 years, with Chavez and Maduro. Bad ideas, bad government, and corruption
have thrived. There has been no more complex situation from
the perspective of geopolitics and debt and the intersection of geopolitics, economics,
and debt than Venezuela. And it’s important to think about how a country
that has been isolated so dramatically can be brought back into the Western world, which
is where it belongs. Being an isolated nation means limited trade
and, therefore, limited resources. That helps explain why 90% of Venezuelans
are living in poverty. In fact, the average Venezuelan lost over
20 pounds in 2017. They’re starving. They’re dying. And the leadership has failed to address the
crisis. We spoke with leading experts to better understand
the devastating impact of hyperinflation, which continues to cripple the nation’s economy
amid rising rates, low wages, and a failing currency. People treat the bolivar like an ice cube. The minute you get paid, it’s an ice cube
that you’ve taken out of the freezer. And you better have something to do with that
ice cube, because the longer you wait, the less of it there’s going to be. Whatever you can get for that ice cube– ideally,
dollars, because those will preserve their value much better. But if you can’t find dollars, you buy bottles
of Tide. You buy cans of soup. You buy toothpaste. You buy whatever is on hand, because that’s
going to preserve value, either through barter or resell, much more than the currency is. That means that money is, for all intents
and purposes, worthless. Back in 2012, the minimum wage was $192. Today, the minimum wage is $20. Furthermore, a cup of coffee cost just under
450 bolivars back in 2016. Today, the same cup costs over 7 million bolivars,
which is equivalent to about $0.50. To combat inflation, President Maduro simply
cut five zeros off the currency in August of 2018. So those 7 million bolivars are 70 today,
but still represent a 155,000% increase in the cost over the last year. And if you purchased $1 million worth of Venezuela’s
local currency when President Nicolas Maduro came to power in 2013, it would now be worth
$2.50 today. But these are just the numbers. What does that actually mean in practical
terms? To find out more, we spoke with Fatima, who
works at her family’s bakery in Caracas. I remember when I was a little girl all the
shelves were full of goods, there were a lot of products. And now, we don’t even have half of what was
there when I was around 15 or 16 years old. It’s complicated, it’s uphill. We really have to do a thousand things to
be able to subsist, and lend a service to people. Because it is more than continuing a business,
it is about the love that we have for everybody. My dad has been here for more than 23 years,
I’m 24 years old. Can you believe it? I have been here since I was a little girl,
and I have known all of our neighbors. It is very difficult to stop providing a service
or to stop what we have been doing forever. Part of how you get into hyperinflation is
a government that makes promises that it cannot keep. This is an economy that has been devastated,
not just by, I think, autocratic populist policies, but by a legacy of corruption, and
these are hard things to overcome. If you’re going to print money, and the curve
looks like that, and it’s going up thousands of percent every month, year, whatever compared
to, say, 6% annually in the US, of course, you’re going to get hyperinflation. Of course, you are. Another drawback of hyperinflation is a failing
healthcare system. Venezuelan hospitals are broke, and doctors
are unable to provide patients with proper care. It’s horrible. We’ve had to deal with up to four days without
water here. We’ve had to carry water from the floor below,
from the ground floor up here, and well, sometimes it comes and lasts half a day, or if we’re
lucky it lasts all day. But the lack of water is horrible. Medical professionals are nervous about speaking
to the press for fear of government retribution. Carlos Leone, a doctor at the Caracas University
Hospital, agreed to speak with us only from the safety of his car. We cannot provide them anything, because there
is no medicine. There is no running water mostly. There’s no electricity. Sometimes we do tell the patients you have
to bring your own light bulb to be able to have light in your room, because the hospital
cannot provide them because of how fast they sell them. To know that you could have helped them and
you didn’t, because you didn’t have a cast padding, or you didn’t have rubbing alcohol,
or you didn’t have just the basic, they’re probably going to die. If you go on Twitter, you can find anxiety-driven
parents whose sick children need some medication that they can’t get hold of, which would be
essentially free to them if it were available. It’s been incredible to watch this unfold
from a country that was relatively normal when I got there to this, which is worse than
refugee camps I’ve seen across the world. It’s a real crisis now. Venezuela, even when I lived there in the
late 2000s or earlier 2010s, politically was a disaster. The human rights situation was increasingly
grave, but it was livable. That is no longer the case. It’s very dangerous. Nobody goes out at night. And that’s something that has created a siege
mentality that permeates both among the government, who are worried about what happens if they
ever lose power, and among the population. To understand what’s going on in Venezuela,
let’s dive deeper into its past. Since oil was discovered 100 years ago, Venezuela
has sometimes lived well on wealth derived from natural resources. But more often, that wealth has been squandered
or stolen by incompetent or corrupt leadership. Therefore, Venezuelans saw some benefits when
oil prices were high, but suffered disproportionately when revenues fell. In the ’90s, funds dwindled, and inflation
and poverty rates rose. People were restless. Abuser! Animal! And turned to a leader who had served in the
military, attempted multiple coups, and was seen as a champion of the working man– Hugo
Chavez. They just loved seeing somebody on TV or in
person and was talking their language. It was a very smart move say, hey, let’s give
a voice to these people. And it was phenomenal to see him. Drawing on Fidel Castro’s playbook, Chavez
championed his own brand of socialism, which became known as Chavismo. Eventually, oil prices rose, and the state
oil company, Petrovesa, became more profitable. From there, Chavez was able to dribble out
money into social programs. But from the very beginning, Chavez and his
cronies used government funds to line their own pockets. In addition, social programs often took a
backseat to distributing wealth to Cuba and other Caribbean nations in order to buy influence
and recognition. What might have become a nest egg for the
nation to buffer bad times became a money sink, as Chavez spent well beyond his nation’s
means. In the end, Chavez’s policies led to more
debt and even more inflation. We Venezuelans, we like colorful metaphors. But it’s that for a long time, corrupt politicians
all peed in the pool. But the Chavez administration was the first
time you could pee off the diving board. There’s no secrets in Caracas. You could wear Rolexes on a government salary
for all your life, and you were essentially untouchable unless you crossed some political
boundary. And then, regardless of whether you’d done
something wrong or not, you were a target. He had the residual loyalty of having launched
these two coups in 1992 from both the army and a lot of the population. And he also had a lot of money, so he was
able to promise much, deliver less, but use, basically, patronage networks and personality
that resonated to bridge that gap. Temir Porras: He was somebody who had no schedule. He could be working between 3:00 AM and 6:00
AM and then be exhausted, sleep, and wake up and start working on something else. And it’s also extremely challenging for his
opponents. Because he would basically exhaust his opponents
by always being on the attack. He was always on execution mode. As time went on, likely with Castro’s encouragement,
Chavez drew more and more inspiration from disreputable neighbors, like Evo Morales of
Bolivia and Rafael Correa of Ecuador. These men dealt with their political rivals
through unconventional means. Chavez took note and became increasingly authoritarian
and went after adversaries who were seen as a threat to his rule. Chavez, at times, seems to have also been
working hand in glove with the Colombian terror group, FARC, to move drugs and to kill rivals. He had purged most of his lieutenants at that
point. Most of the most capable members of the United
Socialist Party, if they flew too high, he would clip their wings, which can be a good
system to make sure you remain in power. But if you’re suddenly gone, it leaves very
much of a vacuum. The system starts falling apart when Chavez
dies much younger than anybody would’ve expected. He was a compulsive coffee drinker. He smoked. He gets cancer at a relatively young age,
dies. He was replaced by Nicolas Maduro, who was,
essentially, a surprise to many of us, in part, because he was seen as a bit of a comic
figure. Claudius survived Caligula, killing everybody
by pretending to be mentally disadvantaged. He was a clown. Nobody took him seriously. And for a while, I could could’ve sworn that
Nicolas Maduro had been Claudius. That he had been pretending to be completely
inept to survive in the high-risk world of United Socialist politics in Venezuela. And that now that Chavez was gone and he had
gotten the nod, he was going to leap into action. That never happened. Machiavelli tells us it’s better to be feared
than loved, because fear you can control. And Chavez was loved. Maduro has never really been loved, but he
has learned to use fear quite well. And what the government has done more and
more is use violence to bridge that gap and to keep the Venezuelan opposition and the
Venezuelan people in check. So you have sort of an unpopular post-Populism. Maduro’s sole claim to legitimacy, given how
unpopular he is, is that Chavez said this is the guy. This is the person, this is the rock on which
my movement is going to continue without me. And the more he departs from the way which
Chavez did business, even though the world has changed, the less secure he feels. But he remains in place, because while unpopular
and broke, the levers of power, his ability to keep certain key constituencies, including
some of the wealthy or people who have close relationships to the government and certain
military interests, he’s managed to keep them happy. A regime change is scary to many leaders within
the military. Because if a new government were ever come
to power, regardless of how bad this government gets, a new government might investigate what
happened to history’s biggest oil bonanza, which has disappeared, leaving less than $10
billion in the national reserves. In recent years, Venezuelan oil production
has fallen off a cliff thanks to statewide corruption. Venezuela is estimated to have over $300 billion
barrels of oil– 20% of the world’s proven reserves. And in 2008, it produced 2 and 1/2 million
barrels a day. However, this year, it’s estimated that production
may drop by 75% to 600,000 barrels a day. But the fundamental mistake was made decades
ago when Venezuela chose to focus on the oil sector to the exclusion of everything else
from agriculture to minerals to tourism. According to OPEC, Venezuela’s oil revenues
account for 98% of export earnings. So periodically, when oil prices drop, Venezuela
has no other exports to rely on. That’s the one drawback of being a one-dimensional
economy. Coupled with the degradation of the oil production
infrastructure, it will now take billions of dollars to revive production. It would take, I think, conservatively, probably
$15 to $20 billion a year for maybe 10 years to get it back to where it was pre-Chavez. Hans Humes: You’ve got $800 billion of oil
minimum under the ground. It’s a huge economic financial incentive for
people to figure out a way to stabilize things and increase it. RK: In oil, they are falling at a rate of
50,000 barrels a month. Some of that has to be used domestically. Some of it goes to countries, like China and
Russia, who don’t pay cash for it. Because it’s being used either in barter or
to pay off previous debts. So the actual cash they get from that is collapsing
even more dramatically. HH: If the central government collapses, then
people are going to be smart enough to cross the borders, set up an oil field, and start
selling oil. It’s going to happen. RK: I’d like to see a more diverse economy,
one which is more democratized as an economic point of view. That’s going to take time. Every leader of Venezuela, including Chavez
and Maduro, has talked about how important it is to diversify economically. The best time to diversify economically is
when you have a lot of extra capital that you can use to buttress fledgling industries,
and try and find a way to make them competitive in an ever-more international marketplace. Venezuela has the world’s largest oil reserves,
yet the cheapest gasoline. In the ’80s, Venezuela attempted to raise
the price of gas to stay in line with global standards. However, the people revolted, and it’s since
been an untouchable aspect of the economy. Right now, in dollar terms, one buck can buy
you nearly a million gallons of gas in Venezuela. HH: Oh, my God– gasoline. You pull up. They don’t even want to take money at the
gas stations. Gas is so cheap that the gas station attendants
are like, just give me a couple of eggs or give me whatever you feel like. Essentially, gasoline is given away domestically. We pay, I think, a third of what the Kuwaitis
pay. HH: With the inflation, you can’t have something
like that function, especially if you cross the border, and gas is normal prices. You could fill up a tanker truck with gasoline
for $7. You could sell that 100 meters across the
border for $25,000. HH: I mean, that’s just one illustration of
an entire economy that’s totally silly. [SPEAKING IN SPANISH] Oh, they pay me with
a cookie or a banana; maybe a cigarette. But I don’t smoke, so I give it to someone
else. The cookie is more expensive, the cigarette
is more expensive, everything is worth much more. It can’t be possible that a bottle of water
costs more than a liter of gasoline. Amid the misused resources and the corruption,
crime has become endemic in the country. 73 Venezuelans died in violent deaths every
day during 2017. That’s over 26,000 murders in one year. And while official stats aren’t kept in regard
to abductions, many believe a key driver of the violence is kidnapping. To use a personal example, I met my wife during
a kidnapping in Venezuela. And this was in 2010 when things were a little
bit easier. And we ended up getting kidnapped by a bunch
of off-duty cops, who then tried to ransom us off, and beat us up a little, and took
pictures of us to send to our family members to try and extract as much money as they could. Not only did they spend time trying to find
out what they could get for us and interrogating us, which is something cops are trained to
do, one of them took the time to explain to me why what he was doing was OK. And that made the facts whatever they might
do to us was justifiable. They were, in a sense, sort of modern day
Jean Valjean figures, not criminal cops, who were not killing people in exchange for money. Cops just shoot people in the street, because
they don’t trust the penal system. And they don’t have time to deal with it. You have opposition or even protesters who
get taken into dark cells with names like the tomb and then get tortured as a routine
bureaucratic measure. Violent crime and ongoing corruption remain
a constant across Venezuela. And as the Venezuelan government refuses to
work with the rest of the world to reach a solution, the US has turned to sanctions as
a means for encouraging change and punishing those who remain in power. Donald Trump: The strong one and the less-than-strong
ones– and you know what I mean by strong– every option is on the table, with respect
to Venezuela. RK: Sanctions have become the Swiss army knife
of American foreign policy. It’s become kind of the go-to tool. And so you see that when they feel frustration
or anger with what’s going on there, there is this tendency to turn to sanctions and
think what you can do more. Among the sanctions are a prohibition against
US purchases of Venezuelan bonds. However, with anticipation of the restriction
one day being lifted, people like Hans Humes and Jay Newman have considered the investment
opportunities that could emerge. Yet even Newman, who had a multi-year, multi-billion
dollar negotiation with the Argentinean government, acknowledges that this is an unusually sensitive
situation. JN: Creditors are going to be faced with the
need to consider not just their own parochial self- interest in getting paid, but how to
help Venezuela get back on track. There are lots of creative ways to do that. Venezuela has mineral resources. It has oil resources. It has agriculture resources. All of these can be currencies that investors
can be encouraged to invest in in order to make a bigger pie. But I think that’s something that creditors
are not used to thinking about, and they’ll have to in the case of Venezuela. HH: There’s no way they can manage the economy
worse than they have. But I think that in order for my investors
to make money, I don’t need Venezuela to become Germany. I just need Venezuela to become kind of like
Venezuela was before. RK: If you say, in or out now, I’d say, I’d
rather be in than out, because I do think there is a recovery story in which you’d do
quite well. Just losing Maduro and putting someone who
maybe speaks English and hasn’t had a lot of crazy talk about how his dead predecessor
came to him in the form of a bird and told him what to do—
If you whistle, I whistle. So I whistled. The bird looked st me strangely, whistled
a little circled me, and left. I felt his spirit. The bar is so low that, really, anything could
see him or be marketed actively as this is a step up, and now, we’re getting serious. And now, we’re going to reform. TP: I don’t think there will be a sustainable
solution if there is no dialogue inside the country and some sort of political deal that
forces everybody there to respect whatever decision or arrangement is agreed upon between
the different political forces. Of course, with participation from the international
community, but it must be solutions from within. RK: The role that China, Russia, Cuba, India,
perhaps, even too, play in a post-Maduro regime will be absolutely critical. I do think the ambition should be to bring
as many of those countries onside in saying, look, you have an interest in the country. Leaders change. And we will embrace a restructuring process
that allows, in a sense, the national community to be broadly engaged. As Venezuela becomes increasingly unlivable,
an exodus out of the nation continues, as hundreds of thousands flee for safety to destinations,
including Colombia, Brazil, the US, and the Caribbean. However, in order for recovery to take hold,
the experts believe more must be done to encourage native Venezuelans to come back home. If those international skill sets, international
capital, international contact, and international ethic standards can be brought back into the
government, I think that the chances that you could have a paradigm shift becomes much
higher. But the question is, how do you incentivize
people to do so? Venezuela, for a long time, even after Chavismo
had been there for a while– and assuming you weren’t working in politics– was a great
place to live. Venezuela has a lot to give. The tourism industry should be huge. It’s got some of the best beaches in the world,
the world’s tallest waterfall. There’s amazing jungles and mountains. It’s got everything– agriculture, and it’s
got the oil. HH: So there’s ample opportunity and ample
natural wealth for the country to come back to what it has been historically. JN: I think we have to be hopeful. And I think that it’s a place where international
institutions and international relationships can be brought to bear. So the IMF, the World Bank, the International
Finance Corporation, all those Bretton Woods institutions that help countries develop strong
institutions can all play a role. I think the United States can play a role. Trade and international relationships are
much more productive than isolationism. The ultimate goal is to invest in a way that’s
productive, that provides jobs, that makes money for investors. Because making money for investors is going
to make money for Venezuelans. The incredible thing is even amid the carnage,
investors see opportunity. They see a country blessed with incredible
resources and a vibrant culture. They see a dramatic turnaround happening in
Venezuela. They see an end to Venezuela’s tortuous road
of hyperinflation and starvation. But the tragedy of it is the situation threatens
to get even worse before it gets better. And with Maduro, it’s like a wall built around
a state of disaster. Hopefully, one day, true leaders will be able
to go in and help effectively address the crisis. For Real Vision, I’m Brian Price.




Comments
  1. This is so clearly propaganda. How can you talk so much about Venezuela without even mentioning the sanctions they face (they can't even import medical supplies) and the outright theft of their gold reserves by the UK and its puppeteer? This whole report is bullshit, bunch of white guys talking about how it's a disaster if you let the majority brown people rule, ignoring completely the malfeasance coming from outside the country.
    I also noticed in the comments a bunch of shameless traitors to their country.

  2. Were waiting..????. for someone to blame the whole thing and the situation on the US… Oh you know thats gonna be the first shit outta there mouths… !!!!

  3. Venezuela's sad state is due to the drop in oil prices earlier, geopolitical crisis and due to the sanctions put against them and nothing else !!!

  4. i am a venezuelan living here in venezuela ive watched many documentaries about the venezuela economic situation in order to see if they genuily reflects the reality of my country i gotta say most docs fall short when comes to describing whats currently happen in here because the situation gets worse by the day,thats what hyperinflation does, it push any country deeper and deeper into a bottomless well so even 7 months back in time is seen as the good old times thats the amount of time this doc was published, it is a good doc but not the best example of objectivity by any means ,even though i suscribe most of the things described there the surreal fact that gas is practically free , in fact i was in the gas station yesterday and when i was going to pay i realize i hadnt one of the 100 bill released some months ago that continue to be accepted i mean i did have 10,20 bill which i try to hand out to the gas worker but he refused to receive it on the grounds people have already stopped exchanging them so he practically let me go without me paying anything because gas is literally worthless, the whole situation in the health sector remains the same and worse today , i mean i agree with almost everything but it strike me as a surprise you have failed to show in the documentary the 2002 coup d etat against chavez for gods sake , this makes me wonder about the intentionality and objectivity of this doc , it comes off as extremely ideological specially when you notice the venezuelan people interviewed here , i dont knoow, the baker girl was fine but the suit guy ,the one who found love in a kidnap situation i lost him when he said he wish the one replacing maduro was someone who speak english really ,thats pretty lame and banal i was tempting to check him out on google but i decided not , i did google this guy jay newman and he turn out to be a vulture fund associate so basically this jay is not interested in venezuela unless it defaults in their international payments, vulture funds being the most appalling organization in the international financial system they buy cheap bonds from poor countries needing cash asap and when they default, these funds resort to bullying practices in order to get paid, here is the catch , they are willing to buy these bond no country in its right mind could dare to buy ,it is a selffulfilling prophecy, they know well these countries dont have the money so they sue the shit out of them so a international tribunal force them to pay, chavismo is the worst thing ever happened in venezuela but me and most venezuelan have low expectations very low , about a right wing government even a right center govt, probably thats why maduro remains in power to this day maybe is because people like the ones featuring in this doc are alike the ones leading the opposition , i want these fuckers out as most people here but we are sure the next ones coming to power wont be better

    pd check out the info link about jay
    https://foreignpolicy.com/2009/10/13/the-debt-frenzy/

  5. This what happens to countries who are bullied by the Zionists ( US ) look at how many are economically crippled by these bullies . The normal citizen is the one who always suffers , never the people at the top . Makes you wonder is this a plan by all countries , are they all in it to screw the common people and are working to destroy or make us slaves …. one world government comes to mind !

  6. When Chavez was elected Venezuela was in economic collapse. He turned things around and made Venezuela a success. Today, Venezuela is under genocidal Anglo-Zionist sanctions. The intent is to starve Venezuela into submission to Anglo-Zionist corporations.

  7. What propaganda rubbish reporting! For the real truth take a Look at Max Blumenthal's great journalistic work. He is an award winning journalist who debunks all these establishment lies about Maduro and Venezuela in his work on Venezuela. He has been on the ground there. Real Vision should be renamed Real Tunnel Vision for New World Order. Shame on you who participated in spreading the lies in this so called"documentary"!

  8. this is BS , you should look at my country, US sanction is to blame and money being confiscated , very one sided. its all about OIL

  9. America is winning, yet again. It's the south americans, the asians and the africans who lose in the bargain. Let's unite. We have lost too much. Americans have won too much.
    They have their eyes on Venezuela's oil. And they will get it. They are too mighty not to. "Might makes it right" to an american. But sorry yankee, that's robbery to me.

  10. Back to square one,start farming,change all your leaders,i know its difficult but i think this is the solution.
    I PRAY MY COUNTRY PHILIPPINES CANT THIS WAY.
    I PRAY FOR VENEZUELA

  11. PEOPLE WANT THIS SOME ONE REALLY WANTED THIS TILL THEY GOT IT NOW ALL THEY GOT TO DO IS KILL THE ONES WHO DON'T SATAN IS LAUGHING

  12. but that's not "true" socialism, lets try again………..but that's not "true" socialism, lets try again………..
    but that's not "true" socialism, lets try again………..but that's not "true" socialism, lets try again………..
    but that's not "true" socialism, lets try again………..but that's not "true" socialism, lets try again………..

  13. This is just an experiment of what's to come across the world. Funny isn't it, masses of Venezuelans being told earlier what was going to happen in their country and the masses just ignored it. Why do the masses react instead of making a cause so they won't need to react. It's got to be in the food or some kind of subliminal mind control. Get ready America. America, lol, the richest and most dumbest people on the planet.

  14. A FULL OF SHIT DOCUMENTARY!!!
    LIKE THE ARMS DESTRUTIONS IN IRAQ
    THE BABYS OF THE INCUBATORS AND SO MANY LIES!

  15. This is the saddest thing ive ever seen.Surely there is a way to help these poor people? i prey for you Venezuela from Australia xxxxx

  16. Ditch the currency and go barter. Nothing to lose. Money worth nothing, strength in numbers, everyone start trading between themselves.

  17. Venezuela and Palestinian are fighting the same Monster rule by Russian Zionist NAZI , TIME TO WAKE UP PEOPLE OF THE LAND .

  18. Propaganda film. The Imperialist economic siege has failed to bring the people of Venezuela to its knees as intended. Venezuela's mountains and jungles will be the invaders cemetery. Venezuela has 3,000,000 militias and collectivo armed to the teeth. Venezuela is very well prepared.

  19. The concentration builds fragility in the economy and country. Dependence only on single commodity has brought destruction to many latin and middle eastern countries. On the other hand countries like Singapore, China and India which do not have oil have to hustle and make money. They manufacture and trade million different things. Making them somewhat robust and diversified.

  20. Germany in the interwar period, Lebanon two countries that come to mind. Lebanon was the at least Beirut the Paris…..in the middle east. Did these people read econ history.

  21. Excellent presentation! Thank you! Unfortunately, in a few years, you will be able to make a similar film about the hyperinflation nightmare that has destroyed the United States!

  22. A former United Nations Rapporteur has likened the sanctions against Venezuela to a "medieval siege" designed "to bring countries to their knees".

    It is a criminal assault, he says. It is similar to that faced by Salvador Allende in 1970 when President Richard Nixon and his equivalent of John Bolton, Henry Kissinger, set out to "make the economy of Chile scream". The long dark night of Pinochet followed.

    The current world population is 7.7 billion people. A quarter of them are living in countries sanctioned by the USA. Those people are the poorest in the world, unfortunately for them they are living in countries with are rich in mineral resources coveted by USA&Co.

    Yet the sanctions from the USA are only a part of the problems Venezuela has to face. How about the $1.3 billion worth of Venezuela’s own gold seized by the Bank of England? How about the 20 tons of of Venezuela’s own gold seized by Deutsche bank?

    The decline in oil production made the Venezuelan government to default on a gold swap deal with Deutsche Bank. Venezuela had put up 20 tons of gold as collateral for a 2016 loan. The contract was due to expire in 2021, but according to sources quoted by Bloomberg, missed interest payments have led the German bank to seize the US $750 million worth of collateral and close out the contract.

    An increase in the price of gold has meant that the deposited collateral is now worth $120 million more than when the agreement was signed. Bloomberg reported that representatives of self-proclaimed “Interim President” Juan Guaido have been in touch with Deutsche Bank officials so that the $120 million difference be placed in an account under Guaido’s control.

    So everybody and his dog wants Venezuela's money. And adding insult to the injury, they criticize them because they are poor and don't have money for food and medicine.

    If the CIA stooge Guaido and his white supremacists grab the power, it will be the 68th overthrow of a sovereign government by the United States.

    A fire sale of Venezuela's utilities and mineral wealth will surely follow, along with the theft of the country's oil, as John Bolton have said.
     
    Under the last Washington-controlled government in Caracas, poverty reached historic proportions. There was no healthcare for those could not pay. There was no universal
    education. Millions of Venezuelans could not read or write. Chavez changed that.

    The Guardian correspondent, Tom Phillips, has tweeted a picture of himself in a cap on which the words in Spanish mean in local slang: "Make Venezuela fucking cool again." A reporter as a clown it is the final stage of the MSM's degeneration.

    Millions of illiterate poor people. How cool is that?

    If the war starts in Venezuela, everybody will suffer.
    Not only the Venezuelans, but We the People too.

    Because the last thing that the USA needs now it's a war close to its borders.

    Peace

  23. Nobody mentions the oppression that existed before Chavez Became president
    and the assassination attempt on him. those things sparked what lead to the present day hardships
    i also dont believe this narrative very much that they follow in this video
    i have seen so many cases of crisis that have been caused by something completely different then the official narrative says

  24. This is pure propaganda, and of course completely ignores the concerted machinations of the U.S. and the rapacious interests (Israel) to undermine Venezuela. How shameless..

  25. WHEN I SEE DOCUMENTAL LIKE THESE, WERE YOU DON'T TELL THE VIEWERS THAT THESE IS HOW YOU START A WAR , IT CALL CRIMINAL SANCTIONS IMPOSED BY THE USA

  26. Bull Shit Propaganda. What's the real reason people are having a hard time. American sanctions, freezing Venezuela's money also steeling billions in gold. The US want's to install a puppet like Guido so the big oil companies could go in and take the Venezuelans oil.

  27. Every time the moron anti gun people hear of a mass murder with a gun of 20 to 40 people. they start shouting to ban guns. The greatest problem these flakes have is that they have no knowledge of history. Just to mention a few: Hitler, banned guns in prewar Germany "for the safety of the people ", therefore the Jews had no way to defend themselves and 6 million + were slaughtered not to mention the millions in the war that Followed. Mao Tse Tung took away the guns in China and was then able to slaughter 50 million + of his helpless people. In Russia Joseph Stalin took there guns and was able to kill 50 million + and enslave that huge land. Pol pot in Cambodia took their guns and was then able to slaughter 60 million + of his people. When people have no way to defend themselves and their government have massive weapons It has always ended up in a dictatorship and tens millions of people dead. So the real choice is 20 or 40 people or tens of millions. The American people have very few rights left. If they get your guns you will have none.

  28. Good peole don't elect bad governments.
    Socialism! Revolution! They were driven by envy and greed. They wanted to get stuff for nothing. Just get the money from the rich and divide between themselves. Those low IQ, poorly educated people elected a demagogue who became a dictator. They cheered him and though they life got worse, they found comfort in the fact that many rich people lost their money. And then came Moduro. Also a demagogue and a dictator. Gess who will come after him? Easy answer – another demagogue and dictator.
    The best scenario for Venezuela is that the next dictatorship will be a military one, like one in Chile. Military dictator like General Augusto Pinochet. Those people understand force, nothing else. They hate any social system in which hard work and entrepreneurial skills are rewarded. Envy, greed and stupidity of the Venezuelans made the country what it is today.
    Some of their girls are stunning!

  29. Correction on your report as of August 2019: Millions of Venezuelans have left their country seeking refuge and a better future in other countries in the region, but NOT the United States unless they had dual American citizenship or other means. The massive exodus has been toward other South American nations.

  30. No one could know more about Venezuala than an American millionaire hedge fund manager who lives in New York and is sitting in front of an Apple product placement – thanks. Your propaganda really made me laugh!

  31. I am European and live since 2 decaids in Venezuela …. but this is the worth propaganda I have ever seen.

  32. White christian devils destroy another country and starve it's people!! White Devil propaganda – to murder more non-whites throughout the earth – white evil in the flesh – terrorists from hell – pure evil and the enemy – as prophesied!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

  33. 29:18 "…the situation threatens to get even worse before it gets better."

    "The situation threatens to get even worse before it gets even worse than that." — Fixed it for you. You're welcome.

  34. How many babies were born between the time this video was made and today. Maybe they should not have children if they cannot provide for them and they starve to death. This is what our young people/children here in America want. They WANT socialism, they want communism. This is what our Democrat party has done to our children. . . . brainwashed them.

  35. Complacent Americans are screaming that socialism is a very good idea.

    And yet citizens of socialist countries are doing their very best to make it to our capitalism nation.

    And the socialist who live among us refuse to leave !

    Suddenly I hear music from….the Twilight Zone!😱

  36. I feel blessed..that i live in Indonesia..i feel that my country much better than Venezuela..i can eat,i can buy everything that i want without thinking what can i eat tomorow 🇮🇩

  37. America needs to be as written North, South & Central America all one Country all one American Government standing by what has made us our Constitution it would be a big process and take time but we could slow a lot of issue's Immigration, Murder, Drug's, Sex Trafficking, Socialism I'm sorry as a human being to any and all people living, dying like this it is so many levels past sad, unbelievable and intolerable but instead of more people thinking these ways and trying to actually do what America is supposed to do we have a Country torn in half and trying to be pushed towards socialism as well if America falls to this and allows it self to be undone from the inside it would be catastrophic

  38. Great to see the effect of US sanctions on importation of goods, plus financial constraints so that Vmzln companies abroad cannot send money back home.
    Maybe cause some electric blackouts to complete the job of killing everyone, in order to come and "liberate" the survivors. Like in Iraq and Libya.

  39. Good old Uncle Sam. Always so concerned for people's welfare. Everyone want to be like Libya – with slave markets ! already – or Iraq with depleted Uranium all over causing hideous birth "defects". The lucky ones don't survive.

  40. “Money is a new form of slavery, and distinguishable from the old simply by the fact that it is impersonal – that there is no human relation between master and slave.”

    Leo Tolstoy, Russian writer.

  41. "Those who would give up essential Liberty, to purchase a little temporary safety, deserve neither Liberty nor Safety."

    -Benjamin Franklin
    January 17, 1706 – April 17, 1790
    ________________________________________

    And I'll add those who would SACRIFICE essential Liberty deserves neither!!

  42. Elliot Mgnt and Greylock Capital are the desperate one's that want to plunge the country further into debt. They should have bought Bitcoin, if they can't handle Latin American countries defaulting on their debt. Now they rely on US govt officials to impose blockades which deny Venezuelan people food and medicine.

  43. Los gobernantes norteamericanos son la raíz de la corrupción en especial en latinoamerica, en su codicia y ancias de controlar a todo el territorio. "Venezuela se respeta"

  44. They've lied On Iraq.
    They've lied On Libya.
    They've lied On Somalia.
    They've lied On Pakistan.
    They've lied On Syria.
    They've lied On Afghanistan.
    They've lied On Yugoslavia.
    They've lied On Vietnam.
    They've lied On Haiti.
    They've lied On Sudan.
    They've lied On Panama.
    They've lied On Yemen.
    They've lied On Lebanon.

    Why would you think they are telling the truth about Venezuela?

  45. How can yo talk about sanctions when 90% are in starvation, who would that really affect, always punish the poor, why would the leader care?

  46. At least if they choose to keep living like that I hope they are happy. Seems like all the men there are little girls and they wont ever revolt. Neutered at birth by socialism.

  47. To all the Venezuelan please stop fighting amongst each others. You are destroying your own country. All must worked hard stand United.

  48. In my most sarcastic voice: Oh my goodness, I can't imagine why this video would be flagged as "age-restricted" by YouTube": one of the fairest and most impartial online platforms ever known.

  49. Envy is one of the seven deadly sins. envy and jealousy of rich people is what leads to socialism and all this bulshit.

  50. I'm not saying there isn't a problem but the women waiting in line for food and who are complaining that there isn't any, are really really fat. How do you get so fat if there is no food? Surely you should look like a skeleton? Not sure if these videos are pure propaganda….???

  51. Los Argentinos seguimos el camino de Cuba y Venezuela. Democracia como esta planteada es una mentira, echa para enriqueser plitichorros populistas que destruyen los sistemas de educacion, hacen a la gente idiota, destruyen el empleo y la economia, y esclavizan a la gente regalandoles subsidios para perpetuarse en el poder.

    .-Si vivis del estado tenes que abandonar la facultad de votar, la podes recuperar despues de pasado un periodo electoral (4 años) desde que cesas tu relacion con el estado.

    -. Es el requisito minimo para poder tener algo parecido a la democracia como la idealizamos

  52. My take on it is, It depends on the degree of capitalism. Some capitalist countries are more corrupt than socialist ones. Most of them, actually. Look at the U.S. power grabs, with special interests shelling it out. Sweden and Canada have tighter regulation over the economy,  (capitalism a little more socialist than the U.S.), enabling more businesses to stay afloat, and not have big swings. Also- more social program $ for the poor. They are social democracies, still capitalist. Democratic socialism is more like communism, as the businesses are state owned, or co-op owned. But in a democratic framework. Communism is dictatorships like Red China or USSR. It works as long as the money is flowing to the gov't, like with the higher oil prices in Venezuela, before the oil prices crashed. And then… I believe that Venezuela would have been ok if they had just not depended so much on oil, and Chavez had diversified.

  53. If Chavez had diversified the resources of Venezuela, not all on oil, and not gotten in debt to China, etc. He was too far left, and should have allowed free enterprise and outside investment and business. But combined with socialism, as in Europe or Canada, with then having more capital and taxes for social needs.

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