May 31, 2016 - Joshua Goodman

May 31, 2016
Joshua Goodman

If Venezuelans wanted a new national anthem, they might consider blues singer John Lee Hooker’s great tune: BOOM, BOOM, BOOM, BOOM. Certainly all the metaphors being used in news coverage of Venezuela these days refer to explosions.

“We are like a bomb going tick-tock, tick-tock,” Zenovia Villegas, a 54-year-old housewife, was quoted in a lead by The Guardian, while Woodrow Wilson Center scholar Michael McCarthy led his Washington Post analysis with, “Venezuela is a powder keg.”

What made Senora Villegas ready to blow up was the fact that she’d been waiting on line at a supermarket since 4:30 a.m. and at 3 p.m. was being told it wouldn’t open that day. Shortages of food and medicine are an everyday catastrophe for Venezuelan citizens, rich and poor, and for the poor there are frequent power outages and days without water, and for everyone there is the imminent threat of violence, from armed criminals or armored police and security units.

And the Big Picture is every bit as bleak as the microcosmic experiences of Venezolanos. As another Guardian report had it: Venezuela “is grappling with the world’s deepest recession, the world’s highest inflation (estimated at around 500%), and the world’s second highest murder rate. It has no sovereign wealth fund and is facing the serious risk of default by November.”

The latest development has been President Nicolas Maduro’s declaration of a state of emergency giving himself almost absolute power, which he is talking about sharing with the military while dispensing with the opposition-led National Assembly.

Reading Room

Joshua Goodman has been the Associated Press (AP) Bureau Chief for Colombia, Venezuela and Panama since 2013. He is based in Bogota, but frequently reports from Venezuela.

“Food shortages take toll on Venezuelans’ diet” – The Guardian

“In Venezuela’s housing projects, even loyalists have had enough” – The Guardian

“‘We are like a bomb’: food riots show Venezuela crisis has gone beyond politics” – The Guardian

“The Guardian view on Venezuela’s plight: both bad luck and bad management” – The Guardian

“The agony of Venezuela continues” – The Washington Post

“There has never been a country that should have been so rich but ended up this poor” – The Washington Post

“6 things you need to know about Venezuela’s political and economic crisis” – The Washington Post

 

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