Meanwhile in Venezuela...

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@DrHenley Great article and a welcome update as to what is happening there. I sometimes wonder when folks talk about bugging out when it hits the fan, if they think there will be an announcement that it is about to hit the fan? --- Hello Ladies and Gentlemen and what ever else, this coming Monday the S is going to Hit the Fan. Please load up all your prepping supplies and bug out no later that this coming Sunday. Thank you, this has been a public service announcement. --- I just don't see it happening that way, I see it happening over a long period of time and a death by a 1,000 cuts. I don't see WW3 or EMP attack but I do see an economic collapse. The slow death. The only people not starving to death will be the (( very remote)) farmers and the fishermen. The government will attempt to take over the big farms and local fisheries. Only those isolated (too far to be cost effective for government to steal and operate) will have a fighting chance. First the cats and dogs, then all the zoo animals , then any critter that can be caught and eaten, including long pork. We almost wiped out all the buffalo, what makes anybody think they will be able to head for the woods and live off the wild life. The wild hog population problem will be solved the first year. The gator and croc problem will be solved by the second year. All the deer, elk, antelope, bear and every other wild creature will be hunted to near if not complete extinction by the end of the third year. If you plan to eat, you better be able to grow and protect your food source. The farmers and ranchers in Venezuela have learned this the hard way, their guard dogs were killed and in some case eaten. They are having to stand guard over their fields and animals. That wonderful little family garden in the back yard will get somebody killed, you, a family member or the thief trying to steal your meager crop. Venezuela is our fate if we do not take back our country. JM2C
 
And when they have eaten all the native flora and fauna guess what happenss next?, Yup they start looking north where the rich Gringos live and THEY WILL COME. Then you have the problem of your Leftys, Socialists and democrats who think they should be welcomed to the US and fed, housed, financed by YOU.
 
Man, 2005 - 2007 we're big years for me, financially. 6 figure years. All the trades we're booming, work was everywhere. Gas fired peakers and windmills we're going to see us all through to retirement, and we would all be fat and happy.
But it didn't feel right. I was watching guys on alternative media talking about a housing crash, and the debt. I moved my pension to the safest portfolio I could come up with, and learned how to make knives, and fishing poles... I started placing things at the BOL, and learning to shoot, got involved with some other ex military guys who were into it. Also got a divorce, lol. Oops.
I feel the same way now. There are just a few stocks that drive the market higher. The world is as chaotic as I can remember it. Alot going on. Crime here is worse, the city is visibly worse.
Venezuala serves as a valuable lesson. Seems like just yesterday oil prices were high and Chavez was thumping his chest. From massive debt fueled infrastructure building and social program expansion, to eating guard dogs and donkeys in decade.
Right now, this area is seeing a new home and business boom.
This too shall pass.
I'll come out the other side a little more prepared than I did last time, God willing.
 
Another great update Doc. One million bolivar to buy ONE cig. Or 10 to 20 Billion Bolivar service charge to use your credit of debit card. Socialist governments really works. AND based on the usual socialist theory of it did not work the first time , so lets do it again. Six month later and another million will be dead or another million people will be departing country and they will try another theory proven to not work.
 
It’s hard to imagine inflation that out of control. All I can say is be aware that it can happen here as well. No government currency is fool proof, even the almighty dollar. With investments stay diversified, and make sure some of those investments are tangible items like ammo, soap, food, etc.
 
I know Colombia borders next to Venezuela. I have read a lot about American retirees going down to Colombia to live because it is much cheaper. I think a lot of people who didn't save enough for retirement might end up elsewhere. However, it seems they don't have a problem with Venezuelan's flooding their borders, and things are bad enough in Venezuela for people to take desperate measures. I wonder how they are keeping their borders secure. Maybe the U.S could learn a thing or two?
 
I know Colombia borders next to Venezuela. I have read a lot about American retirees going down to Colombia to live because it is much cheaper. I think a lot of people who didn't save enough for retirement might end up elsewhere. However, it seems they don't have a problem with Venezuelan's flooding their borders, and things are bad enough in Venezuela for people to take desperate measures. I wonder how they are keeping their borders secure. Maybe the U.S could learn a thing or two?

Colombia has a special way to to deal with all the illegal folks crossing (yes, it does have a limit on legal immigrants). They have the "Voluntary Deportation Program". To work or sell stuff in Colombia requires a license, The cost of the license is way about what any illegal immigrants can afford. So here is how it works. The police arrest the illegal immigrant for not having a licence. The illegal immigrant is given a choice, go before a judge (magistrate) and pay a fine (which it too high for them to pay) , fail to pay the fine and go to jail OR the illegal can choose to self deport and the Police will take them back to the border before they have to see a judge. Now the Colombian government can claim they are not deporting these illegal immigrants but that they are self deporting. Now you can see how Columbia is working to Humanely handle this crisis. I don't blame Columbia but I really dislike political BS too. Be up front and just build the wall and forget the political posturing. know
 
@DrHenley Great article and a welcome update as to what is happening there. I sometimes wonder when folks talk about bugging out when it hits the fan, if they think there will be an announcement that it is about to hit the fan? --- Hello Ladies and Gentlemen and what ever else, this coming Monday the S is going to Hit the Fan. Please load up all your prepping supplies and bug out no later that this coming Sunday. Thank you, this has been a public service announcement. --- I just don't see it happening that way, I see it happening over a long period of time and a death by a 1,000 cuts. I don't see WW3 or EMP attack but I do see an economic collapse. The slow death. The only people not starving to death will be the (( very remote)) farmers and the fishermen. The government will attempt to take over the big farms and local fisheries. Only those isolated (too far to be cost effective for government to steal and operate) will have a fighting chance. First the cats and dogs, then all the zoo animals , then any critter that can be caught and eaten, including long pork. We almost wiped out all the buffalo, what makes anybody think they will be able to head for the woods and live off the wild life. The wild hog population problem will be solved the first year. The gator and croc problem will be solved by the second year. All the deer, elk, antelope, bear and every other wild creature will be hunted to near if not complete extinction by the end of the third year. If you plan to eat, you better be able to grow and protect your food source. The farmers and ranchers in Venezuela have learned this the hard way, their guard dogs were killed and in some case eaten. They are having to stand guard over their fields and animals. That wonderful little family garden in the back yard will get somebody killed, you, a family member or the thief trying to steal your meager crop. Venezuela is our fate if we do not take back our country. JM2C
Yes, and the Python problem in Florida.
 
Man, 2005 - 2007 we're big years for me, financially. 6 figure years. All the trades we're booming, work was everywhere. Gas fired peakers and windmills we're going to see us all through to retirement, and we would all be fat and happy.
But it didn't feel right. I was watching guys on alternative media talking about a housing crash, and the debt. I moved my pension to the safest portfolio I could come up with, and learned how to make knives, and fishing poles... I started placing things at the BOL, and learning to shoot, got involved with some other ex military guys who were into it. Also got a divorce, lol. Oops.
I feel the same way now. There are just a few stocks that drive the market higher. The world is as chaotic as I can remember it. Alot going on. Crime here is worse, the city is visibly worse.
Venezuala serves as a valuable lesson. Seems like just yesterday oil prices were high and Chavez was thumping his chest. From massive debt fueled infrastructure building and social program expansion, to eating guard dogs and donkeys in decade.
Right now, this area is seeing a new home and business boom.
This too shall pass.
I'll come out the other side a little more prepared than I did last time, God willing.
I realized this is old news( May 2018), but Russia selling off American investments, debt, etc. Wonder about that? I have a retirement account, would love to get my money out and have gold instead, but can't gain access yet. Not sure about keeping paper money. Everything is worse all around, inflation just a tax and run by the government?
 
The Venezuela Government decided it's going to stabilize the economy by taking three zeros off of the currency. Then they decided to take off five zeros. Reissue the currency with fewer zeros...yeah that should fix things :rolleyes:
Oh, BTW, they already tried this once before.

https://www.yahoo.com/news/strippin...ve-venezuelan-economy-analysts-013834311.html
I thought they had to have other countries print their money and now can't afford to pay for it to be printed. What a mess.
 
Yeah, when your economy is approaching a 7 figure inflation rate, somebody is not going to like you very much. Gov't says a drone with explosives, fire fighters say gas tank in nearby building. Either way, we are going to get blamed.
 
Hospitals scrap surgeries, Venezuelans forgo showers as taps run dry
http://news.trust.org/item/20180815120014-zxwh0

"For many years this deterioration process was not noticeable. But now the water transport systems are very damaged," said Jose De Viana, former president of Hidrocapital, the state-run utility in charge of Caracas' water supply.

Venezuela's socialist government typically says water cuts are due to sabotage by right-wing "terrorists."

Malfunctions in the capital's water network due to lack of maintenance have taken a turn for the worst in recent months, depriving many in this city of 3 million people of regular running water.

Information Minister Jorge Rodriguez in July announced a "special plan" to fix the issues, but did not provide details. The Information Ministry and Hidrocapital did not respond to a request for information.

Lack of water - and taps that sometimes spurt out brown liquid - have triggered health concerns in a country lacking basic antibiotics and vaccines.

About 75 percent of Caracas residents said they do not receive water regularly, according to a survey published by two Venezuelan non-governmental organizations this month. Around 11 percent said they thought dirty water had caused skin and stomach problems. The survey does not have comparative figures.

Medical consequences are hard to gauge as the Health Ministry no longer releases once-weekly data, but doctors say scabies and diarrhea are on the rise.

Water shortages have also made some basic daily activities untenable. Poor residents say they take fewer showers.
 

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