Venezuela’s residents continued to struggle with a total lack of drinkable water and food supplies over the weekend, with citizens rushing to gather “filthy water” when the government decides to open taps to major cities and towns.
According to Bloomberg, average Venezuelans are using coffee mugs, buckets, and other household items to contain as much water as possible when socialist President Nicolas Maduro decides to open pipes to homes and apartment complexes across the capital.
“When I’m lucky, a trickle flows through my apartment building’s rickety pipes. When I’m really lucky, they deliver as much as 30-straight minutes worth of H2O. That’s enough to fill up the 200-or-so-gallon tank in my kitchen and trigger a celebration,” said one resident.
“For the super-wealthy, a somewhat effective solution has been found. They now dig their own wells. Those a rung or two below them pay to have water trucked in daily by companies that collect it from springs in the surrounding mountains,” added another.
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NIGHTMARE: Venezuela Struck with 7.3 MEGA EARTHQUAKE as Economy Crumbles
A massive 7.3 magnitude earthquake struck the northern coast of Venezuela Tuesday night; sending shockwaves through a region struggling with a crumbling economy and a collapsing socialist government.
The United States Geological Survey confirmed the mega quake occurred at 5:31pm local time near the city if Carupano.
[VIDEO] #Sismo en #CiudadTiuna, #Caracas, se sintió fortísimo. Vecinos en alerta en la planta baja. Todo en calma. pic.twitter.com/WY6jMd5gF7
— Érika Ortega Sanoja (@ErikaOSanoja) August 21, 2018
“The earthquake was felt more than 600km further east in Caracas, where the crisis-stricken nation’s political leaders were celebrating a ‘revolutionary’ new economic plan they claim will rescue Venezuela’s crumbling economy but economists fear will make it worse,” writes the Guardian.
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PARADISE LOST: Inflation Nears 1,000,000% in Venezuela, Eggs Cost 2 WEEKS PAY
The economic crisis engulfing Venezuela reached new heights this week, with the nation’s currency seeing inflation rates nearing 1,000,000% as the socialist government struggles to contain the economic collapse.
According to the Washington Post, the Venezuelan Bolivar plunged in foreign exchange rates as the price of a dozen eggs reached 2,600,000 Bolivares in local supermarkets and shops.
“This week, for instance, the price of a dozen eggs topped 2.6 million bolívares — equal to two weeks’ pay at the minimum wage. But for a Venezuelan who can exchange dollars at the black market rate, those same eggs are a relative bargain, costing only 60 cents,” writes the Post.
“I never feel clean anymore,” said one citizen. “We’re hungry most of the time. I don’t think things will get better.”
Just this week, socialist president Nicolas Maduro admitted his government’s economic policies have totally “failed,” vowing to implement new guidelines to stabilize the crumbling currency.
Read the full report here.