Would Occupy the Presidential Chair

seochandna

De facto dollarization , driven by hyperinflation, and the forced liberalization of controls have had their effect. A private sector on the ropes, a survivor of the disaster, is showing signs of life. But the field has also been opened up for a submerged economy that contributes 20% of GDP –according to firms such as Econalitica– and somehow reduces social tension, after the worst years of the crisis. International sanctions against Maduro have strengthened this gray area that operates in different areas: from using ghost ships to selling oil off the US radaruntil opening dozens of supermarkets or dealerships with luxury cars in record time.

In these transactions, a part of the dollars permeates downstream of those who control the threads, although increasing inequalities. With a State collapsed by nationalization, Chavismo has also recently begun to privatize everything it has monopolized with the support of C Level Contact List businessmen who orbit it, who know how to move in the field of opacity and institutional and legal fragility. "It has been an opening made to the slams, which is the true savage capitalism,says the sociologist Spain. But this new economy that emerged from the end of 21st century socialism, warns the researcher, has a low ceiling. “These new elites only consume, they do not generate employment or knowledge, and they hardly permeate the rest of the country. We are talking about winemakers.



The wave of economic recovery that the government appropriates is precisely that, that of the so-called bodegones, a version of restaurants with grocery stores that brought the conquest of duty-free imports for an elite that has accumulated enough money to invest it in the underground Venezuelan economy, even taking advantage of the national currency, evaporated after four years of hyperinflation. It is the “entrepreneurial and productive Venezuela” that replicates like a virus and that Nicolás Maduro boasted about in early October while touring a food truck fair and recommended frying the potatoes with truffle oil. What some analysts also jokingly call the " paxbodegónica”, which has led many Venezuelans.