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Old 09-14-2016, 02:20 PM
 
41,110 posts, read 25,745,785 times
Reputation: 13868

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Venezuela's "Death Spiral" - A Dozen Eggs Cost $150 As Hyperinflation Horrors Hit Socialist Utopia

Today, a once comfortable middle-class Venezuelan father is scrambling desperately to find his family's next meal -- sometimes hunting through garbage for salvageable food. The unfortunate 75% majority of Venezuelans already suffering extreme poverty are reportedly verging on starvation.

Severe shortages of food, clean water, electricity, medicines and hospital supplies punctuate a dire scenario of crime-ridden streets in the impoverished neighborhoods of this nearly failed OPEC state, which at one time claimed to be the most prosperous nation in Latin America.

Venezuela's "Death Spiral" - A Dozen Eggs Cost $150 As Hyperinflation Horrors Hit Socialist Utopia | Zero Hedge
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Old 09-14-2016, 02:54 PM
 
4,095 posts, read 2,566,860 times
Reputation: 3973
This is sweet music to a Democrat.


https://www.youtube.com/watch?v=zJBjjP8WSbc
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Old 09-14-2016, 02:59 PM
 
14,221 posts, read 6,966,079 times
Reputation: 6059
Good thing things are so well in other "non-socialist" countries in the region like Haiti, Honduras and Nicaragua then. I am sure Venezuela was amazing in the 1990s. These countries switch between various types of corrupt plutocracies and call themselves whatever they want. These labels are meaningless.
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Old 09-14-2016, 03:06 PM
 
Location: Keller, TX
5,658 posts, read 6,278,689 times
Reputation: 4111
Quote:
Originally Posted by golimar View Post
This is sweet music to a Democrat.
Nice false dichotomy there from Mr. Sanders. So your choices, according to Sanders, are either A) long breadlines or B) starving to death.

Good insight into the mind of a resolute authoritarian, who can only view the world (left and right) through the lens of authority and control.

Here's another good ZH article: Socialism - the World's Greatest Poverty Generator
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Old 09-14-2016, 03:11 PM
 
9,981 posts, read 8,595,058 times
Reputation: 5664
b.s.

don't bother with zero hedge, they are sensationalists..

31 milllion people in Venezuela, I'm sure lots of them ate eggs today.

here's your real news.

Non-Aligned summit set to back Maduro in Venezuela
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Old 09-14-2016, 03:19 PM
 
Location: Keller, TX
5,658 posts, read 6,278,689 times
Reputation: 4111
Quote:
Originally Posted by Snowball7 View Post
don't bother with zero hedge, they are sensationalists.
Okay, here's some WaPo:

Venezuelans are storming supermarkets and attacking trucks as food supplies dwindle

Venezuela’s democratic façade has completely crumbled

Venezuelans are so desperate they are streaming over the border to buy food

Venezuela’s death spiral is getting worse

Emaciated pets abandoned as Venezuela's recession continues
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Old 09-14-2016, 06:51 PM
 
Location: Florida
7,778 posts, read 6,392,491 times
Reputation: 15804
All countries need term limits.
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Old 09-14-2016, 06:59 PM
 
45,233 posts, read 26,457,645 times
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I wonder what bernies take is on this?
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Old 09-14-2016, 07:02 PM
 
Location: planet octupulous is nearing earths atmosphere
13,621 posts, read 12,735,309 times
Reputation: 20050

If not already, Soon they will be eating those dogs^^
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Old 09-14-2016, 07:50 PM
 
Location: Sarasota FL
6,864 posts, read 12,082,060 times
Reputation: 6744
I guess this mean the $3.99 breakfast special is no longer available?
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