Say a prayer for Lito

And what's with our President threatening them now? I don't know the details about that but it doesn't sound too good..

Pentalab said:

Some of the commercial airlines have announced they are no longer flying into Venezuela. It's beyond a mess, it's now a dictatorship. Their money is worth nothing. Dunno why Lito doesn't get outa there..while he still can.

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Yes, the main international airport is down to about a dozen and a half flights a day on average. I am just praying AA won't suddenly stop flying before monday so my daughters can leave.

I have my elderly father here than won't leave and my wife's mother in the same exact situation, we won't leave them behind, at least for now.

Is not easy to practically leave with what you have on because what you have done all these years is worth close to nothing and if you get to sell it, you can't take the money with you. Is very sad.

swflastang05 said:

And what's with our President threatening them now? I don't know the details about that but it doesn't sound too good..

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I don't know, we are desperate, yes, but most of the people here disliked his comments because he was just fulfilling the wet dream of our dictator, nothing is more desired by this left wing tyrants that being threatened by the "evil empire", this fuel left wing empty heads to support him, I don't know why some people want the 50-60s world policies and cold war back so bad.

People think that a Noriega/Panama-like operation would be great and I am not so sure it will, yes, our armed forces seem dumb, really dumb but I don't know what would happen.

I have the impression that most of the Americans want for the US to stop policing the world and get involved in their own internal issues, but I may be wrong.

I agree.
The US needs to focus more internally and let other countries police themselves and their neighbors.
If your next door neighbor starts shit, you and everyone else on the block should try to help then chill out. If not let the UN take over.

We have more than enough problems locally that we need to work on

Just keep the Go Fund Me option open. Lito is one of the good guys and we take care of our own. I have been blessed and would be happy to contribute.

I don't know if there are enough folks to get a large enough fund to move Lito. I would chip in for him to move to Canada. He'd have to work at the only dyno shop in town, though, and would be poor. And cold.

eighty6gt said:

I don't know if there are enough folks to get a large enough fund to move Lito. I would chip in for him to move to Canada. He'd have to work at the only dyno shop in town, though, and would be poor. And cold.

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He could relocate his business to nearly anywhere on the planet, and run it full tilt.

Phil1098 said:

Just keep the Go Fund Me option open. Lito is one of the good guys and we take care of our own. I have been blessed and would be happy to contribute.

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I really appreciate this but no, I am, compared to the rest of the people around me, privileged, you guys give me work that I can charge in foreign currency, just keeping this job is enough of a help for me.

eighty6gt said:

I don't know if there are enough folks to get a large enough fund to move Lito. I would chip in for him to move to Canada. He'd have to work at the only dyno shop in town, though, and would be poor. And cold.

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Lol, if I ever move, weather is what of the things I would miss the most, coming from Caracas, the city with the perfect weather.

Pentalab said:

He could relocate his business to nearly anywhere on the planet, and run it full tilt.

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Probably, yes, I am not worried about having a job for myself, is just leaving everything behind, sincerely haven't checked but quite possibly I could not bring all my tools and dyno with me anymore, so I would be leaving an inmense chunk of my assets buried here.

If I wanted (is not the case as of now) to move to the states, for example, as this seems my best working opportunity the only real way to do it (unless I would win the visa lottery) is bringing 500K (which I don't have) as an state controlled investment which doesn't guarantee any kind of income either, so, it is not easy. Specially if you want to do it legally.

Ford motor company, or any of the bigger speed shops would sponsor you in a heartbeat..and bring most of your tools + assets. Then start tuning for 5.0 engs as well. Then just send $$ back home every month.

Can you "sell" all of your stuff to someone in the USA, have it shipped?

lito;

I have the impression that most of the Americans want for the US to stop policing the world and get involved in their own internal issues, but I may be wrong.

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You are correct if the people here actually did have their way we would be looking out for the USA right here at Home as you mention.

I hope Lito things don't end up going really bad for You and your Family !!!


Terry
USA

Hyper inflation ru

eighty6gt said:

https://www.reddit.com/r/Bitcoin/comments/7hpx3b/want_to_know_how_55usd_or_600kvef_looks_like_in/

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Hyper inflation run amok. Click on the above url... then scroll down and read the comments. Yikes, its beyond a mess.

"im worried they will steal the wheel-barrow."
"goat shit burns better"

wow

Everything stated there is true.

The way things are shaped this will get horrible for everybody. We are officially under hyperinflation according to some recent data. Almost anything is currently under a fast "dolarization" process where any product or service, no matter where is produced/generated is valued at foreign pricing with its price in actual USD or at a very fast rising/fluctuating and non backed black market (the only market available ATM). Problem is that when this happens, even at the times where the exchange rate has been stable in the past, we are usually 20-40% more expensive than in the US by comparison.

Now, how this process will eat everybody earnings: I would classify people into three basic groups.

1) The people that lives out of a set wage, the earn in local currency and the wages even when they get revised every three months basically, they are very relegated to the inflation and they do affect it. These groups is suffering terribly as of now.

2) The people that is a freelancer or have an small business where there is still high demand, most of the service industry is on this group, hard times force people to service/repair their goods, think like a mechanic, his services are in high demand because almost nobody can afford a new car so is forced to repair theirs (if they find the parts), he usually raise the pricing of his services every week and as long as he can get enough work he will earn quite more than the guy that lives out of a wage. His services are mostly done in local currency, he is doing better but is not good either and in the current scenery he will start having issues to make ends meet.

3) Then you have the wealthier guy who has earnings/savings in USD, he can currently survive way better than the others as with some few dollars he can cover his expenses and everything seems currently cheap as it is now, BUT if things keep its current trend of matching its foreign pricing plus the usual overhead, everything will get too expensive for him and his earnings will fade away quickly.

So at the end, is not if you are or not F'ed up is just a matter of when.

Thanks for explaining, good luck and we will be thinking of you.

Wow...that's so sad.

Stay safe Lito

And Venezuela has either the 1st or 2nd largest oil reserve in the world, and they are still broke ? This is a classic case of gross negligence and mis-management on a huge scale.

its a large reserve, but iirc it is shit quality oil, needs more refining than other reserves

Wes06 said:

its a large reserve, but iirc it is shit quality oil, needs more refining than other reserves

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It's got to be better than our Canadian tar sands mega projects. Imagine local beach sand..soaked in oil. The sand has to be separated from the oil. Doable with a high pressure steam process etc.

Nope, the fed govt in Venezuela has its head up its ass, and then some. They have run the country...into the ground. Regardless of refining process, it all sells for the same opec price in US currency per barrel. They have a license to print money..and can't even do that right.

Pentalab said:

And Venezuela has either the 1st or 2nd largest oil reserve in the world, and they are still broke ? This is a classic case of gross negligence and mis-management on a huge scale.

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It's called socialism, it works great until you run out of other peoples businesses and money. Sadly, it has aspects of dictatorship added on top. Hollywood thought it was great until the toilet paper ran out.