SOLYMONE BLOG

Venezuela: The World's Worst-Performing Economy


With hyperinflation so significant that people have actually to carry backpacks loaded Along with your hard earned cash to the neighborhood supermarket, it’s no surprise that Venezuela – a country which is in its worst form because Globe War II – is the world’s worst-carrying out economy. 
The country's economy continues to be buffeted by plunging global oil prices, with the World Bank forecasting that it will contract by 4.8 per cent in 2016.
Food and medicine are becoming increasingly scarce, with long queues outside supermarkets 
a regular sight in the country's capital, Caracas.
Source: Agency
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