After monthsof OSRS gold waiting, Marinez was able to return and returned to Maracaibo, "with none cash in my pockets," he stated. He attempted to locate paintings but could not find anything in the market for work that was destroyed by method of pandemic and a long-running financial crisis.
Ten years ahead, Venezuela, a petrostate under the administration of Hugo Chavez, witnessed a reduction in oil prices. 2017 saw the fee of a barrel plummeted to nearly $50 from a record of over one hundred, and the U.S. instituted extensive-ranging sanctions against Venezuela's repressive government.
"When the cost of oil began to decline, there has been no additional cash available to import products," stated Alejandro Velasco, professor in New York University who focuses on Venezuelan political issues, during an interview via teletext. "As an end result there was no more cash in order to keep the financial system."
The coffers of Venezuela were empty when it spent its entire oil reserve on social services like government-backed food, medical care along with literacy and health programs. Chavez also removed perceived dissidents from the oil industry following an attempted military coup which cheap OSRS GP impacted production.