The political crisis has, unfortunately, caused serious economic difficulties for ordinary Venezuelans, to the point of deciding to make the painful and counterproductive option of leaving the country; some to survive and help their own to stay within the national geography for reasons of a greater and truly understandable nature; others, for reasons of refuge and protection when feeling and seeing themselves persecuted; and others, simply for not being less and demonstrating their ability to do so, although no longer seeking survival but also an opportunity to try their luck, not get detached, or perhaps realize their chimeras.
Emigration had its stimulus in the times when Venezuelans were officially taught to take advantage of the quota of foreign currency to which ‘they were entitled’
Many left and took friends and family with them, without thinking so much or skimping on that possibility of salvation; enough excuse to alleviate the enormous need to survive as a person, small business or simple entrepreneur. Unlike those who only satisfy their bohemian spirit.
Great errors have distorted the national economy, prolific in vices and corruption; and, of course, responsible for the metamorphosis of the bolivar in its three monetary reconversions [2007, 2018, 2021]
Exchange diversity generated privileges and a range of possibilities for illicit enrichment; mismanagement towards the productive sector – forced to maintain and lower prices against its cost structure growing upunder penalty of replacing national production with various imports of grains, tubers, meat, and more. Developing the idea of a ‘solidarity’ economy.
Trying to replace the capitalist system, the soul and reason for being of the market and productive and commercial competitiveness, with exchanges without advantages or profits – an unfortunate intention exposed by the trade portfolio in international organizations and forums, yes, petrocheckbook in hand, neglecting the very requirements of the driving company, PDVSA; corporation diversified into functions unrelated to its purpose, and placed at the service of ideological favors towards other countries, among other aspects.
Decree freezing prices and rates, with coercion and intimidation of controlling and sanctioning bodies; expropriation and labor immobility, without consideration of the company as an economic engine.
This entire spectrum largely represents the enormous hole in the ozone layer of our economy.
The majority of Chavistas are aware of this unfortunate reality. Hiding it or attributing it to exogenous causes is nonsense.
The blame for all this covers several layers of the decomposing national onion, where the Opposition itself is not exempt, which has shown its blunders. Opposition leaders have been seen as self-centered in their interests—with those close to their parties benefiting—with the country in the background. And that hasn’t changed.
Party unity is still incomplete. I hope they do not distort their responsibility to the country by opposing them at all costs, celebrating the government’s failures even if it is the country that is mortally wounded. What is the attitude assumed in the case of Essequibo? Or as, unfortunately, it could happen, rejoicing at a remote failure of Vinotinto in its arduous effort to qualify to represent Venezuela in the 2026 World Cup, only to not see the government’s satisfaction.
The bulk of citizens are not saved from this omitted responsibility, because they did not exercise their power or defend the economic process of well-being and social progress; He simply fell into the ideological rhetorical trap—assuming passivity and conformity.
Guilds and other institutions did not make a proportionate and due effort.
Ignoring or annulling the necessary and true opposition counterweight—required by every democratic government—or replacing it with one of your convenience, if your intelligent objective is to keep the economy in the best state, has always been fatal and counterproductive.
…
The bolivar falling…
Lto currency – even strong,
sovereign, the digital ‘scale’—
It hasn’t been enough,
much less capable
of so much hyperinflation to control.
Con the Petro,
the crypto reference that ruined
without the desired success,
our old bolivar
keep putting up with the nonsense
of an economy
fragile and susceptible, subjugated
to the errant politician,
whose object contrasts
with the Venezuelan need:
Erule of law
reliable, fair and impartial; that guarantees
the real growth
economical and firm
the monetary sign. It’s so simple!
L A V P
…
The XVI BRICS+ Summit, even the expectation, has been anchored in its purposes. It seems that its founders have been extremely careful not to include countries without conditions; because the fundamental objective is nothing more than to displace the dollar—and also the Euro—.
Although its strategists reveal other aspects and to do so they use all propaganda, including personalities from the multilateral political world in their events, under the slogan of Multilateralism, the need for protection against sanctions is displayed; imposed on countries whose leaders turn a blind eye to the lack of respect for international law; with geopolitical, authoritarian and expansionist actions and attitudes; putting aside the sovereignty of countries and the free navigation of international waters, as well as global democratic freedoms.
To the detriment of the national well-being, now in trouble with prices rising and unsatisfied needs swarming, the bolivar will surely continue towards the arrival of another reconversion; because economic improvement is now being promoted, not only without reliable corrections but by deepening the same models, in the decayed social, economic and political ecosystem.
.
#bolivar #increasing #prices #growing #concern.. #Luis #Villarreal
**Interview with Dr. Laura Méndez, Economist and Venezuelan Political Analyst**
**Interviewer:** Thank you for joining us today, Dr. Méndez. There seems to be a growing concern regarding the socio-economic status of Venezuela. Can you summarize how the ongoing political crisis has impacted ordinary Venezuelans?
**Dr. Méndez:** Thank you for having me. The political crisis has profoundly affected the everyday lives of Venezuelans. Many have made the difficult choice to leave the country due to dire economic conditions. For some, this migration is about survival—finding ways to support their families back home. Others seek refuge from political persecution, while a segment sees emigration as a chance to pursue personal dreams and opportunities that have become impossible in Venezuela.
**Interviewer:** You mentioned the emigration being stimulated by previous access to foreign currency. Can you elaborate on that?
**Dr. Méndez:** Absolutely. There was a time when Venezuelans were encouraged to leverage foreign currency quotas for their benefit. This led many to leave, often bringing family and friends along in search of a better life. The allure of potential safety and financial stability was a powerful motivator, especially amid chronic economic instability at home.
**Interviewer:** It appears that economic mismanagement has exacerbated these challenges. What are your views on the government’s handling of the economy, especially regarding the currency?
**Dr. Méndez:** The government’s approach has been marked by significant errors, notably in its monetary policy. The bolivar has undergone multiple reconversions, which has distorted its value and functionality. Moreover, the diverse exchange rates have created an environment where corruption thrives, with the productive sector struggling under government-imposed price controls and expropriation measures.
**Interviewer:** How has this affected the economic fabric of the country?
**Dr. Méndez:** It’s a multifaceted issue. The push to replace traditional market mechanisms with a so-called “solidarity economy” has stifled competitiveness. Expropriation and labor mobility issues have led to a stagnation that hampers economic growth and innovation. This confrontation with reality is acknowledged by many in the ruling party, but there remains a tendency to deflect blame onto external forces rather than addressing the underlying mismanagement.
**Interviewer:** Turning to the opposition, how has their role evolved in this scenario?
**Dr. Méndez:** The opposition has also contributed to the current predicament. There have been instances of selfish interests and infighting among opposition leaders that complicate unity. Instead of collaborating for the common good, some leaders seem preoccupied with personal power. This has stunted political progress and citizen engagement in the essential dialogue for economic recovery.
**Interviewer:** In your view, what can be done to remedy these issues and improve the situation for Venezuelans?
**Dr. Méndez:** A true shift is necessary, wherein all parties—government, opposition, civil society—engage in constructive dialogue. Citizens must also reclaim their agency and push for accountability. There needs to be a focus on democratic processes, effective policy-making, and the restoration of the economy’s flexibility to foster growth. Only with collective effort and responsibility can we begin to mend the broad fractures in Venezuela’s societal fabric.
**Interviewer:** Thank you, Dr. Méndez, for your insightful analysis. We appreciate your time and expertise on this critical issue.
**Dr. Méndez:** Thank you for the opportunity to discuss these important matters.
**Interviewer:** Thank you for joining us today, Dr. Méndez. There seems to be a growing concern regarding the socio-economic status of Venezuela. Can you summarize how the ongoing political crisis has impacted ordinary Venezuelans?
**Dr. Méndez:** Thank you for having me. The political crisis has profoundly affected the everyday lives of Venezuelans. Many have made the difficult choice to leave the country due to dire economic conditions. For some, this migration is about survival—finding ways to support their families back home. Others seek refuge from political persecution, while a segment sees emigration as a chance to pursue personal dreams and opportunities that have become impossible in Venezuela.
**Interviewer:** You mentioned emigration being stimulated by previous access to foreign currency. Can you elaborate on that?
**Dr. Méndez:** Absolutely. There was a time when Venezuelans were encouraged to leverage foreign currency quotas for their benefit. This led many to leave, often bringing family and friends along in search of a better life. The allure of potential safety and financial stability was a powerful motivator, especially amid chronic economic instability at home.
**Interviewer:** It appears that economic mismanagement has exacerbated these challenges. What are your views on the government’s handling of the economy, especially regarding the currency?
**Dr. Méndez:** The government’s approach has been marked by significant errors, notably in its monetary policy. The bolivar has undergone multiple reconversions, which has distorted its value and functionality. Moreover, the diverse exchange rates have created an environment where corruption thrives, with the productive sector struggling under government-imposed price controls and expropriation measures.
**Interviewer:** How has this affected the economic fabric of the country?
**Dr. Méndez:** It’s a multifaceted issue. The push to replace traditional market mechanisms with a so-called “solidarity economy” has stifled competitiveness. Expropriation and labor mobility issues have led to stagnation that hampers economic growth and innovation. This confrontation with reality is acknowledged by many in the ruling party, but there remains a tendency to deflect blame onto external forces rather than addressing the underlying mismanagement.
**Interviewer:** What can be done to rectify these issues?
**Dr. Méndez:** We need a comprehensive overhaul of economic policies that emphasizes the rule of law, transparency, and accountability. Implementing reliable monetary strategies and creating a stable environment for businesses to thrive are essential steps. Without these changes, we risk a continued spiral of economic deterioration and social unrest. Both the government and the opposition must recognize their responsibilities and collaboratively work towards real solutions for the benefit of the people.
**Interviewer:** Thank you, Dr. Méndez, for your insights and for shedding light on these critical issues facing Venezuela.
**Dr. Méndez:** Thank you for having me. It’s crucial to keep these conversations going as we seek a better future for Venezuela.
