Venezuela on Brink of Hyperinflation

Why?

Sweden is already in pretty bad shape due to immigration. But a large part of the govt, and dominant information channels are intent on concealing that fact as much as possible for some reason, hard for some people to admit they were wrong I guess.

Shockingly enough, Sweden leads the world in rape and school arson.

Informative report on the horrible rape numbers: https://www.youtube.com/watch?v=UCGedOGCrnQ

Last year the cost for fires in Sweden’s schools ended at about SEK one billion. 457 schools burned in 2009. About half of the fires were caused by arson. However, compared with 2008 fires in schools has decreased, that year 512 schools burned, also then half of them caused by arson.

http://www.stockholmnews.com/more.aspx?NID=5029

(Saying in both years that only half of that already large number were caused by arson seems a little suspect, that seems like a high rate for schools to be combusting from other factors. Well, maybe they are counting chemistry lab mishaps and the like, and the bulk of the cost is coming from schools actually being burned down in arson attacks.)

“I don’t know why anybody would want to burn our school,” Ms. Bromster said. “I can’t understand it. Maybe they are not so happy with life.”

The riots are not unprecedented here. In 2008 and 2010, immigrants clashed with the police in the southern port city of Malmo. But the past week’s arson attacks in Stockholm, the capital, and the spectacle of teenagers hurling stones at firefighters have left many Swedes wondering what went wrong in a society that has invested so heavily in helping the underprivileged.

http://www.nytimes.com/2013/05/27/world/europe/swedens-riots...

I guess that metric is derived from formal, and institutional freedom or non-freedom promoting policies, but unfortunately, in some respects Sweden is looking increasingly out of place in such a high position on that list.

Anybody who points out that the country's immigration policies are close to destroying the country faces harsh backlash. Anybody just raising questions on the matter really.

Disturbingly, there has been some recent talk of actual formalized anti-freedom measures.

A couple weeks ago there was a stabbing and beheading attack at an IKEA store that killed a mother and son, and now some people in the govt are making noises about limiting freedom of the press because people are discussing it online.

I guess their main concern, according to them is that it is such a shocking, horrific, and in your face illustration of how insane the Swedish government's immigration policies are, that they are concerned people might exercise their democratic rights of guiding the government in what they see as a reasonable direction.

The Press Ombudsman Ola Sigvardsson is concerned that the Swedes are turning to sites run by political motives rather than journalistic ambitions.

Traditional journalism is characterized by a willingness to unconditional search for the truth and make it as good as possible. The other sites are characterized by having a political agenda, said Ola Sigvardsson.

So apparently, now that there is such glaring evidence of the need for political change Sigvardsson is interested in restricting any political discussion that are not inline with his own views.

Freedom of speech and freedom of the press is something that we can not take for granted. Politicians give us the right to print and give our opinion, but requires that we do so in a responsible manner. If we do not do it, maybe freedom curtailed, says Ola Sigvardsson.

https://translate.google.com/translate?sl=sv&tl=en&js=y&prev...

That time is already here, let's hope a change of course can be made soon.

Sweden's irresponsibility and malfeasance should really be of concern to the whole world, as in some ways the country has become like Afghanistan under Taliban rule, in the providing of a safe-haven for and cultivation of terrorists. (yes, that sounds crazy, and it is, but it is the conclusion one must draw unfortunately)

Sweden has a revolving door for terrorists. Literal terrorists are moving in and out of the country unchecked. It is absolutely insane.

An in addition to that, Sweden has become a hugely fertile breeding ground for ISIS fighters.

http://foreignpolicy.com/2015/02/23/from_the_welfare_state_t...

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...we found links to terrorism or intelligence threats, which we judged that the person should not be granted asylum in Sweden. Then it is up to the Immigration Bureau to weigh that risk against the right to asylum. Many remain in the country,” Sjöö remarked. Excuse me? Oh yes. In this country, even an internationally red-flagged terrorist can be granted asylum. By the bizarre Swedish logic, a person at risk of “inhumane” treatment or death sentence in his home country qualifies for protection.

And as for terrorists? Open doors and open hearts. Here’s an article from neighboring Denmark(http://www.dagens.dk/udland/mist%C3%A6nkte-terrorister-f%C3%...) where they, for good reason, express grave concern over the extreme naivitee of Swedish immigration policy. At least 20 internationally known terrorists were granted asylum in Sweden in 2014 alone, which is a problem for Denmark too considering its capital Copenhagen being only 20 minutes away from Malmö, one of the immigrant hotbeds. The capital of European ISIS recruitment remains Gothenburg, however. Sweden’s second largest town produces more ISIS-fighters than the entire United States. This baffling statement sounds made up, but it it’s not.(http://swedenreport.org/2015/02/04/more-isis-fighters-from-o...)

“A pantry full of cannon fodder for ISIS”(http://www.aftonbladet.se/nyheter/article20427940.ab) is the headline of this remarkably frank (by Swedish standards) article about the muslim-dominated no-go zones around Gothenburg. The headline is an actual quote by one of the residents of the area. I encourage you to use the translate-feature in your browser and read the article in its entirety for a chilling insight into the total meltdown of societal control of these areas.

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http://swedenreport.org/2015/03/23/sweden-facing-systemic-co...

http://swedenreport.org/2015/05/18/police-yes-there-are-no-g...

There does appear to be some growing sanity in the electorate though.

http://www.thelocal.se/20150820/swedens-nationalists-lead-po...

Actually, external debt in foreing currency is not an important factor in what's happenig. Even with the oil price collapse in the last 12 months, Venezuela current account balance is positive, and it's debt to GDP ratio is a lot more manageable that US or EU (although of course that depends on which exchange rate you calculate the GDP).

The hyperinflation (which we are not on the brink of, we are already living through) is caused, IMHO, by three primary reasons (each one is composed or caused by several others). 1- The total dependency of external supply, well in finished goods or inputs for production. Last reliable numbers put us in order of 90% of everything we consume is either imported or requires imported material to produce. 2- The lack of enough cash to import either consumers goods or prime materials to produce 3- The irresponsible printing of inorganic Bolivares.

Any short of resetting the economy, which may or may not include dollarization (or eurozation), is useless at this point, but once we are done with that, it will take maybe 3 years or less to sort this mess.

Easily, year to year (aug-14 to aug-15) is around 300%, maybe 400%.

Of course that depends on which items you calculate it. Maybe some industrial supply is been less affected (if you can find those) and of course any inflation number is artificially affected by the free gasoline, which not even in this catastrophic situation has been adjusted.

But if you are like me, a middle class salary dependant professional, anything you usually spend has been increased in 300-400%. A breakfast in a bakery (panaderia) on aug-14 was around 100 Bs, now is between 400 and 500 Bs. On aug-14 I averaged a weekly visit to the supermarket around 4.000 Bs, now is 12.000-15.000 Bs. I tire for your car was around 3.000 Bs, now is 20.000 Bs (and you can't find them). And so on...

Of courses salaries has been, in most cases, or freezed or marginally adjusted, so you can see where this is heading.