Post
Topic
Board Economics
Re: This is how 0.037 Bitcoins looks like in Venezuela
by
OROBTC
on 21/08/2015, 20:36:08 UTC
Yes, is very f*cked the situation here.  Angry

A week ago, a woman stabs an old woman to stole her a package of diapers (That she bought doing row by hours) , that happened in a supermarket near my house.

A few years ago wasn't so insecure like now...  Cry

So sad, but this will only get worse, people won't change...  Cry



Typically in history we see that crime goes up when economies go down sharply.

TODAY, WTI Crude Oil fell briefly under $40 / bbl.  Lowest since 2009.  Oil at around $40 (it bounced back up a small amount) means that Venezuela is likely to be hurting for a long time.

And CHINA will not come to their rescue.  China rescues NO ONE.

*   *   *

The stock market finally cratered in the past two days, over 5% here in the USA.