VOICED : Not gloom for all amid long queues and scarcities in Venezuela

The video discusses the severe food shortages in Venezuela, where people spend hours in line for groceries. A single mother, Crucible, has turned this situation into a business by reselling products. The economic crisis is exacerbated by strict foreign exchange controls and falling oil prices, leading to high inflation and a recession. Consumers often pay others to stand in line for them. The video highlights the economic challenges and the resilience of individuals like Crucible in adapting to these conditions.

What has Crucible done to cope with the food shortages?

• Started a grocery store

• Became a farmer

• Resells groceries for profit

• Opened a restaurant

How does Crucible manage her daily routine?

• She works from home

• She queues at different shops to buy and resell products

• She relies on online shopping

• She imports goods from abroad

What are some of the products that are difficult to find due to the economic situation?

• Electronics and gadgets

• Milk, soap, nappies, and flour

• Luxury cars

• Imported clothes

What economic factors have worsened the situation in the country?

• Falling oil prices and strict foreign exchange controls

• Increased foreign investments

• Booming tech industry

• Rising tourism

What is the predicted economic outcome for Venezuela?

• Economic boom

• Decrease in inflation

• Stable growth

• Approaching default on international debt