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The Effect of Untamed Corruption.
Venezuela economy sinks.
60 years ago Venezuela was two time richer than China, four times richer than Japan and her economy was ranked fourth in the world (first in Latin America)
Its currency was second to the U.S dollar, and as at 2014,
Venezuela economy sinks.
60 years ago Venezuela was two time richer than China, four times richer than Japan and her economy was ranked fourth in the world (first in Latin America)
Its currency was second to the U.S dollar, and as at 2014,
we exchange N137 for 1Ves. Venezuela had excellent health care system and blossoming economy.
But in just about 5-years, the country was destroyed by excessive corruption In just
Today Venezuelans are throwing away their money on the streets, even if you picked up a truckload
But in just about 5-years, the country was destroyed by excessive corruption In just
Today Venezuelans are throwing away their money on the streets, even if you picked up a truckload
of Bolivars, you couldn't even buy a cup of coffee with all of it.
That is how bad the country's economy has become.
Today, 1000Ves is being exchanged for N109.58 and they now use crude oil to buy items like yams, bread etc as nobody want to even touch the currency again.
That is how bad the country's economy has become.
Today, 1000Ves is being exchanged for N109.58 and they now use crude oil to buy items like yams, bread etc as nobody want to even touch the currency again.
The effects of corruption in a day can take years to be corrected.
No country can survive on daily rape of her economy by politicians.
A fight against corruption has no alternative.
It must be fought and sustained by all means.
No country can survive on daily rape of her economy by politicians.
A fight against corruption has no alternative.
It must be fought and sustained by all means.
