Posted on 01/16/2015 6:49:17 AM PST by C19fan
Shortages of basic goods in crisis-hit Venezuela has created a lucrative new profession... queuing to buy things for other people. The country is experiencing a recession triggered in part by a scarcity of hard currency - which limits imports of essential goods. As a result, there are shortages of nearly a third of all basic goods and as well as tumbling oil prices, inflation ballooned to 64% last year. Krisbell Villarroel is one of many people who make a living by waiting in line to buy everything from milk and sugar to diapers and shampoo.
(Excerpt) Read more at dailymail.co.uk ...
I see a prison cell in Krisbell’s future.
Do the Saudis not realize just what hardships they bring upon the people of the countries in the OPEC? Are they really that hard-nosed and adamant in bringing down the Russian Federation?
Does Venezuela have any OTHER potential exports, by which they could earn hard currencies? If there are any, time to grab for the bootstraps and pull themselves back up.
Venezuela has been rescued from the difficulty in keeping the Castro brothers of Cuba afloat, as that job has been taken over by the Current Regime now squatting in the White Hut, in that territory once known as “the United States of America”.
Well, I hope all those poor barefooted Vennies who loved Hugo so much enjor the resilience of their socialist economy. /sarc
Not much longer. It will collapse.
The best coffee I ever had comes from there. But the don’t grow enough for it to be a big export.
Communism:
The best way to ensure your future Granddaughter sells for $200 in Turkey.
“It’s white and went up a lot of well-to-do noses in the 80’s.”
A cause Obama believes in:
“Help save a Venezuelan child: smoke more crack”
The shortages were there before the fall in oil prices. It did not create the problems in Venezuela, but it did make it worse.
Hasn’t this already been solved? Yesterday I saw an article here about Venezuela outlawing queueing (along with taking pictures of empty store shelves).
“...says the country is at ‘economic war’ triggered by the opposition and by business people bent on destabilizing his administration.”
Sounds just like our current administration.
Bread, eggs, chicken, meat, beans, rice, cooking oil, toilet paper, diapers...all of these things are highly overrated. The people of Venezuela do not need them!
Bolivarian socialism has really made people’s lives more content and fulfilled.
Nicholas Maudro is watching the fruits of Hugo Chavez’s ruinous policies come home to roost on his watch.
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