Economic Collapse, Not War Fears, Keep Venezuelans From Shopping on Black Friday

In Caracas, the buzz of Black Friday sales was conspicuously absent this year. Despite shop windows flashing 30% discounts and enticing offers for $20 shoes, crowds failed to materialize. Not even the arrival of international retailers like H&M could lure eager shoppers.Is Economic Despair the Real Threat to Venezuelan Families?Forget rumors of looming U.S. military strikes—Venezuelans say it’s their collapsing economy that truly binds them to survival mode. As physician Luisa Torrealba aptly puts it, daily life boils down to “What do I do to survive today and live tomorrow?” With inflation soaring at a staggering 270% annually according to...