Analysis

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Venezuela is in shambles and really at a tipping point right now. They are having a “democratic” mega election even though corruption is rampant and it is doubtful that Maduro will give up any power. The Venezuela people are starving and the economy is failing causing the state to try and look for other options. One of these is there most recent attempt in kick starting the economy.  They recently launched their own cryptocurrency called the “Petro”. They are doing this to try and bypass U.S. sanctions and combat inflation. This seems like a pretty futile last grab because the currency used is only one of their many problems. Their economy is based off a single export making it very vulnerable to crashes when price fluctuates on the global market.

In North America the United States is hitting important times regarding Mexico and its own internal affairs. President Trumps hostility towards Mexico has actually driven away investment and purchasing of U.S. goods. Mexico has started to turn towards Brazilian corn instead of U.S. which is hurting the American agricultural sector. This is almost ironic because blue collar workers and those which are in the Midwest agricultural sector would have been Trumps main supporters during his campaign and otherwise. Within the United States there is huge controversy and push for gun reform after a deadly school shooting in Florida. People are looking to other international examples to try and fix the gun control issue but it is currently very up in the air on what will happen or if any laws will be passed.

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