"(My friends and I are Whatsapp addicts; most importantly, it’s our main forum for sharing real-time tips on where hard-to-find items are available across the city.)"
Good they have not banned it like Brazil. What a scary scenario to read about, those fragile systems that deliver basic living needs can be so quickly and devastatingly disrupted or taken away. This could happen anywhere an economy is poorly managed.
The US has it's fingers in all of the pies in the world, but I'd have to put this failure for the most part on the reliance of a single resource, oil, a commodity at that, for the entire working capital of a national economy...plus corruption and a total lack of any accounting of funds. This is a self inflicted Venezuelan wound.
"(My friends and I are Whatsapp addicts; most importantly, it’s our main forum for sharing real-time tips on where hard-to-find items are available across the city.)"
Good they have not banned it like Brazil. What a scary scenario to read about, those fragile systems that deliver basic living needs can be so quickly and devastatingly disrupted or taken away. This could happen anywhere an economy is poorly managed.
It's tricky accounting for how much of the situation in Venezuela is because of U.S. policy.
The US has it's fingers in all of the pies in the world, but I'd have to put this failure for the most part on the reliance of a single resource, oil, a commodity at that, for the entire working capital of a national economy...plus corruption and a total lack of any accounting of funds. This is a self inflicted Venezuelan wound.