Economic turmoil in Bolivia fuels distrust in government
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Economic turmoil in Bolivia has led to a shortage of U.S. dollars, causing a crisis for businesses and individuals. President Luis Arce denies the country is in an economic crisis, but many Bolivians have lost trust in him. The distrust was further fueled by a spectacle that the government called a failed coup d'etat and opponents called a staged self-coup. The economic crisis is rooted in dependence on the dollar, draining international reserves, mounting debt, and failures to produce products like gas. The shortage of dollars has led to a black market, gouged prices, and a decline in purchasing power. The discontent has resulted in protests and strikes, and there is a growing desire for an outsider to gain traction in the upcoming elections. The economic crisis has caused deep uncertainty and has pushed many Bolivians into poverty.

#Bolivia #EconomicTurmoil #GovernmentDistrust #UsDollars #Shortage #Crisis #PresidentLuisArce #Coup #BlackMarket #Protests #Strikes #Elections #Poverty

http://www.naharnet.com/stories/en/306267 

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