Cody and Lexy Johns travel back in time to remember the story of how they met.
Runtime: 3 minutes
Cody & Lexy - Crisis in Venezuela (2012–present) - Netflix
The crisis in Venezuela is the socioeconomic and political crisis that Venezuela has been experiencing since 2012 under the presidency of Hugo Chávez and which has continued into the current presidency of Nicolás Maduro. It is the worst economic crisis in Venezuela's history and among one of the worst crises experienced in the Americas. The crisis was the result of “Bolivarian Revolution's” populist policies under the administrations of the Chávez and Maduro governments and has deepened as a result of low oil prices in early 2015. The contraction of national and per capita GDPs between 2013 and 2017 has been more severe than that of the United States during the Great Depression, or of Russia, Cuba, and Albania following the fall of communism. In recent years, the annual inflation rate for consumer prices rose hundreds and thousands of percentage points, while the economy contracted by nearly 20% annually. Hunger escalated to the point that the Venezuela's Living Conditions Survey (ENCOVI) found nearly 75% of the population had lost an average of at least 8.7 kg (19.4 lb) in weight due to a lack of proper nutrition. According to a study published in 2018 by three Venezuelan universities, almost 90% of the Venezuelan population now lives in poverty. The crisis has affected the life of the average Venezuelan on various levels. Political corruption, shortages in Venezuela, closure of companies, unemployment, deterioration of productivity and competitiveness, and high dependence on oil are other problems that have also contributed to the worsening crisis. Regarding crime, Venezuela is one of the most violent countries in the world, with a murder rate in 2015 of 90 per 100,000 people according to the Observatory of Venezuelan Violence (compared to 5 per 100,000 in the US).
Cody & Lexy - Corruption - Netflix
Corruption in Venezuela is high according to Transparency International's (TNI) Corruptions Perceptions Index and is prevalent throughout many levels of Venezuela's society. In the case of Venezuela, the discovery of oil in the early twentieth century has worsened political corruption. While corruption is difficult to measure reliably, Transparency International currently ranks Venezuela among the top 20 most corrupt countries, tied with four other countries as the 8th most corrupt nation in the world. A 2014 Gallup poll found that 75% of Venezuelans believed that corruption was widespread throughout the Venezuelan government. Discontent with corruption was cited by opposition-aligned groups as one of the reasons for the 2014 Venezuelan protests.
Cody & Lexy - References - Netflix