Venezuela’s economic troubles impact all parts of society

Venezuela’s economic troubles impact all parts of society
Venezuela’s economic troubles impact all parts of society

Venezuela’s economic troubles impact all parts of society

According to the Economist, Venezuela’s inflation rates are now at 49 percent. The country hasn’t seen this kind of inflation since the 1990’s. Toyota has said it will close it’s Venezuelan plant for two weeks because it can’t get hold of enough dollars to purchase materials. Franciso Toro, who writes the blog Caracas Chronicles, tells us how Venezuelans are facing the crisis.