Bolivia's Inflation Crisis: Expert Warns of Rising Poverty and 2028 Energy Collapse

Inflation Crisis in Bolivia: Economist Warns of Rising Poverty and 2028 Energy Crisis Bolivia is grappling with a severe inflation crisis, disproportionately affecting its middle and lower classes, according to a recent news report. The report features an interview with economist Teófilo Caballero, who paints a grim picture of the situation. "This price increase will rapidly impoverish people," Caballero states, noting that the emerging middle class could be pushed back into poverty. The crisis is even more acute for those already living in extreme poverty, with little hope for improvement. Caballero's analysis goes beyond the immediate crisis, predicting a severe energy crisis by 2028 due to dwindling natural gas reserves. This could lead to widespread power outages and water shortages, potentially triggering social unrest and looting. "Societies built on poverty are time bombs that could explode at any moment," he warns. The report highlights the urgent need for the government to address the economic crisis and its devastating consequences. While the situation is dire, the report also serves as a call to action, urging policymakers to implement measures to mitigate the impact of inflation and prevent further hardship for Bolivian families.