# Venezuela ### [[Alex Gladstein]] “Venezuela’s annual budget of 115 billion bolivars in 2007 -- then the equivalent of $50 billion -- if held in the local currency, would be worth less than a dollar today” This is what happens when money dies. A tragedy for a nation. https://t.co/4dDLYb3w08 https://twitter.com/gladstein/status/1444264805464952836?s=19 Maybe people dont remember the fact that this is the 3rd time this is happening. There were monetary reconversions of 3 zeroes, then 5 zeroes, then 6 zeroes for a grand total of 14 zeroes that have been removed from our currency. https://twitter.com/RonaldCrb/status/1444266980027027459?s=19 ### Eating out of trash ![[20211006_021538.jpg]] https://twitter.com/KingOrleans/status/1445438491450658829?t=Euhjyu8SV_owQhBivEt_AA&s=19