Venezuela is in bad shape under its socialist government, according to several reports that examine the country's economics, food system, and its general state of unrest.This week, for example, it was reported that Coca-Cola Co.its signature soda in Venezuela because of a lack of sugar there.last month, meanwhile, claimed Venezuela's inflation rate this year is projected to be at 720 percent. The country situated in the northern portion of South America has also nearly run out of paper on which to print money, forcing it to outsource banknote production.The food situation is just as bad, according to several sources.last fall highlighted the empty shelves at grocery stores and the limits on how much of each item people are allowed to buy. People are allegedly eating dogs, cats, and pigeons because there's not much else available.There is also, and government employees are now working only two days a week.President Nicolás Maduro first took office in 2012 and has maintained the country's socialist government. This week, he accused the United States of planning to invade Venezuela — a claim Florida Sen.flatly denied.