The widespread corruption within the government also harmed the economy

 The government then shut down all schools, closed the frontiers between Venezuela and its neighbors, and put six states and Caracas as quarantine. OSRS gold was left stranded on the road and was confined to his uncle's home in a city a little more than 50 miles from the capital.

Following two and a half months of recuperation, Marinez came back to Maracaibo, "without any money in my pockets," he said. He tried to find work however he could not find anything in a job market demolished by the epidemic, as well as a lengthy economic crisis.

Ten years ago, Venezuela, a petrostate under the administration of Hugo Chavez, witnessed a bust in oil prices. 2017 was the year that price of a barrel dropped to close to $50 from a high that was more than $100 as well as it was the year that U.S. instituted wide-ranging sanctions against Venezuela's dictatorial government.

"When the prices of oil started to drop then there was no cash to purchase goods from abroad," said Alejandro Velasco Professor at New York University who specializes in Venezuelan political issues, in an interview over the phone. "As a result the country was left with no money in the real world for the country's economy."

Venezuela's budget was already depleted after it spent the most recent oil profits on social services like subsidized healthcare, food, in addition to literacy initiatives. Chavez also culled perceived dissenters in the oil industry an attempted military coup altering production.

The widespread corruption within the government also harmed the economy, as per Paul Angelo, a fellow at the cheap RS gold Relations who specializes on Latin American politics.