Figure 1. Charts that represent the current state of the
Venezuela economy such as Inflation, Exchange rate and GDP. Also shown are the migration activities and
the international support to the Interim President Juan Gualdo as well as the
current president of the socialist regime Nicolas Maduro.
The political crisis in Venezuela, after 20 years of
socialism, resulted from rising unemployment, lack of medical services, food
shortages as well as inflationary pressures which can’t be controlled. It also generated
the largest exodus, migration or humanitarian crisis registered in the western world
as the people try to look for better places to survive the crisis.
The National Assembly declared the president of the
institution Juan Gualdo, as the Interim president to restore democracy and call
for new elections. Last year’s election of socialist President Nicolas Maduro
was not recognized by the opposition and many countries around the world as it was
considered a fraudulent election.
Venezuelans are protesting and trying to get control of
their country and the resources in order to redirect the country to a political
system that will work to regain all the rights lost during the 20 years of
socialism.
It’s shocking to see how a country with so much natural
resources and great people, could be diving into a precipitous decline due to the
imposition of a social political structure (Source: https://brazil.timesofnews.com/venezuela-crisis-in-seven-charts-2.html).