Caracas, Venezuela. Once a place full of opportunities and economic growth – now, in 2017, Venezuela has an official inflation rate of 741%* (*data from Trading Economics, last updated on May of 2017.). Though already the highest inflation rate in the world, the IMF predicts it to rise to as high as 1642% in 2017. The government is also more than, and steadily increasing, 10 $ billion in debt to foreign bodies. Some basic products like chicken and toilet paper are rationed out by the state – while most cannot be found or are sold for ten times the price...
This article is reserved for subscribed members only. If you are already a member, you can log in here below.
Subscribe for full access to The Eye of Photography archives!
That’s thousands of images and articles, documenting the history of the medium of photography and its evolution during the last decade, through a unique daily journal. Explore how photography, as an art and as a social phenomenon, continue to define our experience of the world. Two offers are available.
Subscribe either monthly for $5 or annually for $50 (2 months offered).