Posted on 08/09/2017 11:12:21 AM PDT by Oldeconomybuyer
Inflation in Venezuela's crisis-hit economy quickened to 248.6 percent in the first seven months of the year, the opposition-led congress said on Wednesday in the absence of official data.
Various factors underlay the seven-month price rise, including a lack of U.S. dollars in the country, a sharp weakening of the bolivar currency, and political uncertainty, opposition lawmaker Angel Alvarado said.
The government says it is victim of an "economic war" led by opposition-linked businessmen.
(Excerpt) Read more at reuters.com ...
Wait’ll it’s 250% a WEEK.
Trump/USA’s fault according to Mr. Dictator there.
Gosh, Miguel Cabrera might be able to afford a hamburger over there.
Paradise. Very much. This is about as good as it gets in socialism.
It was in 2012 that Mister Jimmy Carter made the statement "Election Process in Venezuela is the Best in the World"
>>Inflation in Venezuela’s crisis-hit economy quickened to 248.6 percent in the first seven months of the year,
Most inflation rates are quoted on an annual basis, not 7 months.
So the annual rate for comparisons would be something like 426.2%.
The cats in Caracas are the fastest in the world.
They have to be.
The slow cats become supper.
Venezuela....they voted for starvation.....twice.
Feel the Bern.
The good news is that a hamburger costs only 150% of what it did last year. The bad news is that there aren’t any hamburgers.
It was in 2012 that Mister Jimmy Carter made the statement "Election Process in Venezuela is the Best in the World"
The Real Jimmy Carter
Click The Pic
Shouldn’t they just hire Obama?
He can fix anything. He’s awesome.
And he’s soooo smart. Just ask Nancy Pelosi.
Michelle can wear all the latest fashions.
I think a thrill just ran up the leg of Chris Matthews.
[ It was in 2012 that Mister Jimmy Carter made the statement “Election Process in Venezuela is the Best in the World” ]
I’m sure Jimmy likes how Hamas and the PLO run “elections” in The West Bank and Gaza.
They’ll pay him in toilet paper.
Soylent green is very healthy food for patriotic citizens.
The main ingredient is non-patriotic citizens.
:-(
What happened? Obama pay a short visit down there?
He would probably prefer Choom - and if Larry was right, cocaine.
Unattended Dogs and Cats are disappearing quick. Starvation is on the way. When will Venezuela’s military take this clown and everyone close to him out?
He’d be double wasted.
So, he’d make about as much sense as he always did.
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