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2024-07-30 10:26:14
in reply to

tf on Nostr: Just observations 65,000% inflation is inconsistent with 67.8% support Maduro tanked ...

Just observations

65,000% inflation is inconsistent with 67.8% support

Maduro tanked the economy to the point it was at 20 years ago

Plus large scale human rights violations

Plus social unrest

Winning a third term with that record is unlikely


Nicolás Maduro assumed power in 2013

In 2018 the Venezuela inflation rate averaged 65,000% p/a

That year Maduro was declared winner of the Presidential election with 67.8% of the vote

The election was judged free and fair by Russia, China and North Korea

The Venezuelan government stopped publishing inflation figures that same year

Inflation is currently guesstimated at around 100-300% p/a

In March 2024 Maduro ordered an increase in the minimum wage of 30%, the first increase since 2022

The day before the 2024 Presidential election Maduro ordered a further 50% increase, bringing the minimum wage to $30 / month

Maduro was declared winner of the Presidential election with 51% of the vote

Human Rights Watch and the UN estimate Venezuelan security forces conducted 20,000+ extrajudicial killings during Maduro's rule

The Venezuelan government refer to these as "Operations for the Liberation of the People"
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