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The situation is as bad as you say and living here is really stressful, I will be leaving the country soon in search for opportunities and hopefully I manage to stabilize my life, I was basically born into the socialist revolution so I don't really know what is it like to leave without a stressful government situation and I'm really looking forward to that...

If you guys have any questions about living in Venezuela, feel free to ask them while I still live here :^)

I'm so worried to learn about the current situation. Is the situation really beyond the scope of government? Can't they overhaul the entire system?

The government can't fix the situation they put us in, they have been in power for almost 20 years and it has gotten worse and worse ever since, they expropriated most of the private companies that didn't bend the knee, killing jobs and productivity, 50%+ of the Venezuelan workforce is public, working useless bureaucratic jobs for the government and they also created a famine by appropriating all the productive lands and not putting them to use, most of our arable lands are in hands of the government and not producing food, thus we depend on food imports. you

Venezuela is a country that depends solely on oil, its economic situation is so difficult, that the president has taken the decision to regulate its prices and increase the salary of Venezuelans to 3,000%, bankrupting many businesses in Venezuela that unfortunately they can not afford that salary.

It is unfortunate to see how a country with so many natural resources, lives a difficult situation, thousands of people are dying of hunger and emigrating to other countries to bring their lives a better quality of life.

The first national president took advantage of the national chain to inform that as of September 1, the direct subsidy comes into effect through the Hogares de la Patria program, with five scales ranging from Bs. 360 (for families of 2 members) to Bs. 1120 (for families of six or more members.

Pregnant women enrolled in the Humanized Delivery mission will receive a bonus of Bs.S 600 per month; while Bs.S 450 will be for the participants of the José Gregorio Hernández voucher, all these payments will be made through the country card.

Venezuelans can only wait and continue working for a better country.

In your view , what role ( if any) US govt has played in the downfall of the Venezuela economy ?

As much as I would like to blame someone else, the us has not intervened in the country since the coup attempt in 2002.

This whole economic mess is due to Chavez expropriation policies that killed private industry and foreign investments and the lack of will to diversify the economy away from oil, and of course a huge sprinkle of corruption, embezzlement and theft. Sadly I'm not able to see a light at the end of the tunnel for the country that's why I decided to leave before it's too late.

Tks for your response , from what I have heard US sanctions have played a role of catalyst for an unstable equilibrium of economy , does that hold true at all?

Hyperinflation and scarcity started way before sanctions came in and if you look at the sanctions they are targeted at the politicians and not the country itself and really if the oil industry got sanctioned, everyone would probably starve to death in 3 months since we are neck deep in debt with the Chinese and Russian, we depend 100% of food imports and 90%+ of the county income comes from oil, so any direct sanctions to our oil supply could kill our ability to import food thus everyone dies cuz we don't produce shit anymore due to things mentioned in other comments here.

tks again...best of luck for your migration plans.

Thanks! I hope I was able to shed some light into the situation!

I guess not everybody have the priviledge to even get a flight tickrt there? All the best to you buddy.

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No they do not, I was pretty lucky myself. A lot of people leave by bus and even walking in n search for a better future. 2.3 million people have left the country since 2015 and I wouldn't be surprised if the number reached 3 million by the end of this year.

Is it possible for you to live there from steem?

I have been doing exactly this for the past few months, If I try really hard, I can live off 20$ a month but 50$ a month is optimal.

I think this is duable with steem. I hope you will find somewhere else to stay.

Thank you! Hopefully i find a nice place :-D

I am from Venezuela and the word FREEDOM has been erased from my mind and heart in a short time, its meaning is not yet clear to me, I have lived in a country that 200 years ago freed 5 nations from slavery and war.

But in my country FREEDOM is dying little by little, it has no breath left and every day gives its last breath, its streets can only feel the loneliness and fear of the uncontrolled dictatorship of a man who has led to misery a whole country.

If we look in a dictionary for the definition of freedom, we can find the following: "Freedom is the capacity of the conscience to think and act according to the will of the person."

It is so simple "power to decide and live" fully under our own responsibility, where every decision we make is expressed by our feelings and conviction.

To be a Venezuelan in a country trapped by corruption and dictatorship can, with time, eliminate the meaning of the word freedom from each one of us.

It's extremely sad, we were never a perfect country but it was possible to have a decent life in Venezuela if you worked hard enough, nowadays most of the people that live here is just struggling to survive, trying to make it everyday. I have been lucky to never suffered from any kind of starvation but my life is basically going to work everyday and make money so I can buy food for my family, things like going for a drink, going to the movies or travelling are luxuries that the regular venezuelan cannot afford to do as much as the used to, some of them don't even do it anymore, everything goes to food.

Platforms like Steemit have been a breath fresh air for us because we are able to earn in a coin that has more worth than the Bolivar and I know many people that were able to leave Venezuela, thanks to their savings acquired via Steemit. Thank you for article, I hope it helps to raise awareness of all the things going on here and maybe the world can give us a hand in the near future.

Oil production drop is only one of the many causes of the crisis. The government has worked against producers by stealing their companies when they start to work, then leaving them to stgnate. Together with the massive regulations, the promotion of crime and the absurd jailings and kidnappings of anyone in the opposition, businesses cannot thrive and the economy can't recover.

There's sadly a thousand and one things that are wrong with what the government has been imposing on us. :(

A country without national production and with more than 40% of its businesses closed, have exposed the serious crisis in the country, a crisis that has increased since the president announced the salary increase of 50 Bs.S ($ 1.50) to 1,800.Bs.S (20 $) an increase of 3,500% what meant for the great majority of Venezuelans a madness.

This means that as the salary increases, the prices of the products will increase.

These businesses are forced to close since they can not afford the payment of their employees as this would mean losing more than 64% of their profits, without forgetting that they have to pay taxes to the government which means 16%, they practically remain in red numbers with losses greater than 72%.

Thousands of people are losing their jobs due to this situation, and consequently thousands of families have lost that small inflow of money, which generates a 66% unemployment in the country.

"We are in a really critical situation, but not only for the lack of products, but also, the most serious thing we have today is the issue of the purchasing power of the Venezuelan," he continued, adding that the forecast for next year is "Good black."

The representative of the Venezuelan merchants also said that they have not acquired foreign currency for two months through the auction system of the Central Bank in the context of exchange control, so they have had to resort to the parallel illegal market.

"Nowadays, all imports" are being made "on a parallel dollar, which leads to (...) that price dynamics in the black market also apply to the price dynamics that establishments have in their products and services".

Venezuela is on the red line and every day is more sinking in an economic crisis that presents every day a loss of 54% of small investors who no longer see business future in Venezuela.

As a Venezuelan I find myself in the great need of having to work in 3 different jobs in order to help my family, we are in a crisis that is already ending with the small future we have left. @themarkymark

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the whole situation is so sad... :(
Aware of it, and more even since I'm on Steemit as I have befriended so many from that country. And curiously they're not less spirited but more... in my native islands the Canary Islands Venezuela is called "the 8th island" cos many people from the islands moved there generations ago...

Its pretty bad, just like over here in Argentina, but they are suffering it alot more @themarkymark. I work with alot of venezuelans and its sad to see what they are going through..

If friend and we do not stop working for themselves better.

Part 2: How bad is Turkey?

I've read a little bit about Turkey's inflation and some investor panic, but hasn't the situation stabilized this month?

Wow, nice to hear from someone on the inside. Sure as hell ain't gonna' hear the truth on lamestream within' the states. I've known it was bad but never read comments such as yours luna. Funny how people around the world have forgotten that there's food all around them though they just don't know what to look for any more. We all think food comes in a bag or box/can when there are plenty of wild edibles out there. Most of the crap we buy is poison anyways but all that is another story. I wish you well/safe passage on your journey out. I hope you find a wonderful place to be and live. How are the politicians and gooberment peeps fairing through all of this? I'm curious if they suffer as everyone else or if nothing has changed for them?

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