Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
Economic Crisis Forces Country To Starve
Posted
March 2, 2017
Views
126,116
Likes
2,351
Comments
1,030
Engagement
2.68%
March 2, 2017
126,116
2,351
1,030
2.68%
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7:25Now PlayingVenezuela’s economy is so bad that people are skipping meals and reporting massive weight loss. Cenk Uygur and Ana Kasparian, the hosts of The Young Turks, tell you why Venezuela is in an economic crisis. Tell us what you think in the comment section below.
“Venezuela’s multi-year economic crisis produces grim stories of scarcity and suffering month after month. Still, new data capturing the woes of the once well-heeled South American nation is shocking: According to new results from an annual national survey, nearly three-quarters of respondents reported losing an average of 19 pounds between 2015 and 2016.
That’s one of a number of astonishing findings from the country’s National Survey of Living Condition, which is conducted by three major Venezuelan universities and other research groups. The survey also found that the portion of respondents who said they ate two or fewer meals increased threefold, climbing from 11.3 percent in 2015 to 32.5 percent in the past year — around 9.6 million people in a country of roughly 30 million are eating at this rate.
Venezuela has been unable to pull out of an economic tailspin that began in 2014, after oil prices around the world plunged. Combined with the government’s shortsighted fiscal policy and overreliance on imports that it can’t afford to keep up, the economy has ground to a halt.”
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Hosts: Cenk Uygur, Ana Kasparian
Cast: Cenk Uygur, Ana Kasparian
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Young Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. A young person who rebels against authority or societal expectations.(American Heritage Dictionary)
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