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Caribbean-Latin America
Venezuela Alarmingly Low on Food
2015-04-14
[LAHT] "There is a real storm developing due to the lack of dollars. The situation is desperate and may get a lot worse," said Russ Dallen, head of local investment bank Caracas Capital Markets, who has spent several years keeping a close eye on the Venezuelan situation. "In the next two or three months we are about to see a terrible shortages situation, much worse than we have seen so far -- not only because inventory levels are quite low already, but because at this point imports of the products needed within 8-12 weeks are not being allowed into the country."
Posted by:Fred

#18  The Venezuelans voted for this.

Maybe. We know Carter 'certified' the first election, probably as good as any Chicago vote. He may have justified it in his mind as to avoid violence and/or civil war. Instead he may have sold the population into socialist slavery. As they say about 'good intentions'...
Posted by: Procopius2k   2015-04-14 22:15  

#17  ^ Heinlein fan
Posted by: Frank G   2015-04-14 21:32  

#16  Bad Luck.
Posted by: Devo   2015-04-14 20:36  

#15  The Venezuelans voted for this.

My sympathy meter reads zero.
Posted by: charger   2015-04-14 20:05  

#14  Soylent Green distribution coming soon(tm).
Posted by: Procopius2k   2015-04-14 17:37  

#13  And this is only getting started.
Posted by: newc   2015-04-14 15:00  

#12  'Freedom is just another word for nothing left lose' Sometimes it takes actual pain for some folks to learn an important lesson.
Posted by: Airandee   2015-04-14 13:46  

#11  Not for lack of succeeding either. The productive class is getting smaller daily.
Posted by: DarthVader   2015-04-14 12:40  

#10  the govt hasn't totally munged up the economy yet.

That's not for a lack of trying Steve.
Posted by: AlanC   2015-04-14 12:36  

#9   #8 Yea, well, it'll take a lot longer in USA.

Only because we still have a productive class we can mooch off of and the govt hasn't totally munged up the economy yet.
Posted by: SteveS   2015-04-14 12:14  

#8  Yea, well, it'll take a lot longer in USA.
Posted by: g(r)omgoru   2015-04-14 12:01  

#7  But what might occur in just a few weeks from now is the total standstill of the country after running out of supplies, because companies are not getting the necessary dollars from the Government to pay for imports, Dallen said.

I think I see the problem
Posted by: Frank G   2015-04-14 10:41  

#6  I see plenty fried yucca, I see plantains by the by the boat load and maybe black beans once a week.
Posted by: Shipman   2015-04-14 10:16  

#5  Typical Socialist ending...shared misery for all..Sean Penn was a big fan..I'm sure he'd be happy to donate all his millions for the cause..
Posted by: Warthog   2015-04-14 09:27  

#4  
Posted by:    2015-04-14 05:57  

#3  I'm sure the little people are happy to starve while the glorious leaders continue to eat like kings. Just like Stalin and his cronies did.
Posted by: Silentbrick   2015-04-14 02:05  

#2  Pretty much the end-stage of any People's Party / Workers collective paradise.
Posted by: OldSpook   2015-04-14 01:19  

#1  Let them eat . . . toilet paper.
Posted by: gorb   2015-04-14 00:26  

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