Young Research & Publishing Inc.

Investment Research Since 1978

Disclosure

  • About Us
    • Contributors
    • Archives
    • Dick Young’s Safe America
    • The Final Richard C. Young’s Intelligence Report
    • You’ve Read The Last Issue of Intelligence Report, Now What?
    • Dick Young’s Research Key: Anecdotal Evidence Gathering
    • Crisis at Vanguard
  • Investment Analysis
    • Bonds
    • Currencies and Gold
    • Dividend Investing
    • ETFs & Funds
    • Investment Strategy
    • Retirement Investing
    • Stocks
    • The Efficient Frontier
  • Investment Counsel
  • Retirement Compounders®
  • Free Email Signup

What Does Growing Chaos in Venezuela Mean for its Economy?

May 23, 2018 By Young Research

By Itana @ Shutterstock.com

After Nicolas Maduro’s win in the recent Venezuelan “election,” The Wall Street Journal examines what that could mean for the nation facing growing chaos.

The election, which drew the lowest turnout for a Venezuelan presidential vote since the 1950s, leaves Mr. Maduro with little legitimacy, particularly as hyperinflation hollows out the economy and an estimated 5,000 Venezuelans flee the country every day. The U.N. expects up to 1.8 million people to leave by year-end, swamping Colombia, Brazil and other neighbors and creating South America’s worst refugee crisis in modern times.

For many ordinary Venezuelans, Mr. Maduro’s win means more of the same: a country sliding deeper into crisis with little chance of a turnaround. Prices double roughly every few weeks, the economy is nearly 50% smaller than it was in 2013, and food and medicines are increasingly scarce. Public services like electricity are collapsing, and so is oil production, which provides the country with nearly all of its dollar income. Diseases such as measles and malaria are spreading fast.

Read more here.

Venezuela elections: Maduro bans rivals amid economic crisis | Al Jazeera English

Share this:

  • Email
  • Twitter
  • Facebook

You Might Also Like:

  • The World’s Fastest Growing Major Economy is…India
  • Consumer Economy is Hot
  • More Good News for the Economy
  • Author
  • Recent Posts
Young Research
Latest posts by Young Research (see all)
  • Happy Presidents’ Day! - February 20, 2023
  • Happy Martin Luther King Jr. Day! - January 16, 2023
  • Russia’s Arctic Oil Seeps into Asia - January 5, 2023

Search Young Research

Most Popular

  • Silicon Valley Bank: What Do Investors Expect?
  • What’s Going On with Banks and Are My Deposits Safe?
  • Will the Black Swan Usher in Digital Dollars?
  • The Power of a Compound Interest Table
  • Vanguard Wellesley (VWINX) vs. Wellington (VWELX): Which Fund is Best?
  • The Education of Barney Frank
  • “Will We Have Enough to Live On Forever?”
  • What Does Inflation Mean to You?
  • Is Deposit Insurance a Solution or a Problem?
  • Credit Suisse Announced "Material Weaknesses" In Its Internal Controls

Don’t Miss

Default Risk Among the Many Concerns with Annuities

Risk and Reward: An Efficient Frontier

How to be a Billionaire: Proven Strategies from the Titans of Wealth

Cryptocosm and Life After Google

Warning: Avoid Mutual Fund Year End Distributions

Is Gold a Good Long-term Investment?

How to Invest in Gold

Vanguard Wellington (VWELX): The Original Balanced Fund

What is the Best Gold ETF for Investing and Trading?

Procter & Gamble (PG) Stock: The Only True Dividend King

The Dividend King of the North

You’ll Love This if You’re Dreaming of an Active Retirement Life

The Importance of a Balanced Portfolio

Invest with Peace of Mind and Comfort

What Kind of Life Are You Investing For?

RSS The Latest at Richardcyoung.com

  • Who’d be Nuts Enough to Have Put Money into SVB?
  • Are You Fairly Wealthy? I’m Listening
  • Get Well Soon Taki
  • A Cashless Society Is A Debacle for Americans
  • How about Hiring Erik Prince to Crush the Drug Cartels?
  • Key West’s Best Burger
  • Victor Davis Hanson: How to Bust DC’s Stronghold
  • “Our #1 American – Victor Davis Hanson.” — Richard C. Young
  • Pushing Back at ESG
  • Making America Great Again Is What America Wants

RSS The Latest at Yoursurvivalguy.com

  • Are You Fairly Wealthy? I’m Listening
  • How Long Is Your Water Supply Chain?
  • Your Survival Guy’s BEST Insider’s Guide to Key West
  • Be Wary of Those Who Wrap Themselves in Capes
  • For Whom Is Your Portfolio Serving?
  • ESG: Are Markets Ready for “A Needed Dose of Reality?”
  • Was Silicon Valley Bank a Victim of ESG?
  • Are You Living Your Best Life?
  • March RAGE Gauge: Will the Black Swan Usher in Digital Dollars?
  • Gretchen Whitmer Reviving Forced Unionization in Michigan

About Us

  • About Young Research
  • Archives
  • Contributors

Our Partners

  • Richard C. Young & Co.
  • Richardcyoung.com

Copyright © 2023 | Terms & Conditions

 

Loading Comments...
 

    loading Cancel
    Post was not sent - check your email addresses!
    Email check failed, please try again
    Sorry, your blog cannot share posts by email.