VENEZUELANS CRY AT THE SIGHT OF FOOD
Venezuela has the largest oil reserves in the world that we know of. And its citizens are going hungry. Many Venezuelans have gone for weeks without basic necessities, such as toilet paper and flour. When Colombia opened its borders for Venezuelans to buy those basic items, the reaction was overwhelming. The fully stocked supermarket shelves were a far cry from the bare ones in Venezuela. Many residents of the economically suffering country burst into tears at the sight of the food. It’s a desperate situation for many, with Venezuela’s economy projected to shrink 10% and its inflation projected to rise 700%. Years of mismanaging funding and not investing enough in what could be the most thriving oil industry in the world have plunged Venezuela into a deep hole. Beyond the numbers, Venezuela is suffering from poorly staffed and stocked hospitals and an inability of the government to import goods. Its debt amounts to $5 billion in bond payments. The South American country could be on the cusp of judgement day.