Posted on 09/22/2014 12:09:57 PM PDT by Olog-hai
Clorox is shutting down all operations in Venezuela, citing restrictions by the government, supply disruptions and economic uncertainty. […]
The consumer products company said that for almost three years its affiliate, Corporación Clorox de Venezuela S.A., had to sell more than two-thirds of its products at prices frozen by the Venezuelan government. Over that same time span, there was a sharp rise in inflation that resulted in significantly higher costs for Clorox. …
(Excerpt) Read more at hosted.ap.org ...
Another piece of the “share the wealth” scheme reveals itself to only be “share the poverty”.
Capital finds its own equilibrium.
One more thing Venezuelans will line up for or do without.
Impossible! Nobody “goes Galt”. I’m sure that patriotic Venezuelans can easily fill the market gap...
/sarc
Death by a thousand cuts still results in a fatality? Who would’ve guessed?!
Clorox’s is headquartered in Oakland, California.
No problem. The Government will just order them to stay in business.
That happened to some extent in Rome in the late 4th-early 5th century-it didn’t work out well. Many merchants packed up as much of their money and goods as possible and fled by ship to Britain or some other less accessible corner of the empire to set up business. I’m guessing Clorox can find another country to put a factory in outside the US...
A lil preview for the 15 bucks an hour burger flippers.
Thus you will know a Venezuelan by his dingy white shirt. And by his detectible lack of toilet paper.
Guess when the whites of the leader’s clothes obtain that dingy look or when the water purification and everything else tied to bleach - might be singing a different tune, too late of course ....
Clorox out.
Now how are you going to wash off the commie stink of Hugo Chavez and his 70 IQ successor?
I hear business is booming for Clorox in Syria and West Africa. They don’t need no stinking Venezuela.
What took them so long? Any idiot could have seen this coming.
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