Posted on 05/31/2016 4:10:48 PM PDT by george76
Venezuela is running out of just about everything. Food, medicine, electricity, toilet paper, condoms -- you name it. ( Full title ).
And over the weekend at least two large international airlines -- Lufthansa and LATAM -- said they will suspend service to Venezuela in the coming months due to the economic crisis.
The widespread scarcities and fleeing businesses reflect a country in crisis.
"There's a shortage of everything at some level," says Ricardo Cusanno, vice president of Venezuela's Chamber of Commerce. Cusanno says 85% of companies in Venezuela have halted production to some extent.
Venezuela's economy is spiraling into extreme recession. It is ironic given that the country sits on the world's largest proven oil reserves of oil. However Venezuela hasn't cut back from expensive government spending even as oil prices have lost half its value in the past two years.
...
Rolling blackouts in Venezuela.
...
A health care crisis.
Venezuela lacks roughly 80% of the basic medical supplies needed to treat its population, according to the Pharmaceutical Federation of Venezuela. People are dying in hospitals for lack of sufficient medicines and equipment.
(Excerpt) Read more at money.cnn.com ...
Prices are skyrocketing for anything left, except for Sean Penn movies on DVD discs. Still plentiful supply.
The people ran out of sanity years ago. LIBs are mentally ill.
Right on!!!!!!!!!!!
America will thrive with all our Socialist geniuses at the wheel! It's guaranteed!! /s/
Socialism: a record of 100% failure that only an “intellectual” would still believe in.
There’s much that we don’t know about in countries to the south.
On Water Scarcity and the Right to Life: Bolivia
http://www.coha.org/on-water-scarcity-and-the-right-to-life-bolivia/
But yes, Venezuelan government is very corrupt.
Isn’t socialism just grand
The logical and inevitable conclusion to Marxist stupidity.
No condoms .... no safe sex for queers?
Warm weather.
One shortage could be alleviated a bit by having Cuba send crates
of printed Castro speeches.
We’ll be building our way out of trouble before long, too. Slavery through overly centralized means of production and artificial scarcity is not a good economic plan.
Open Source Ecology
http://opensourceecology.org/
Lifeboat Foundation
http://lifeboat.com/ex/about
*****************************************
Actually, the sad fact is that something like this this is in our future regardless of who wins in November.
No less an expert then ex Fed Reserve Chairman Alan Greenspan has explicitly told us so.
This election is critical because who we elect will determine how the crisis is responded to and what our country will look like afterward.
We have a choice of electing one of the people primarily responsible for engineering and intentionally manufacturing the coming crisis so they can take advantage of it or we can elect Donald Trump.
When a political system authorizes plunder and when a moral code encourages it, moral degeneration follows swiftly after.
In America, the Venezuela style collapse will occur immediately upon the inability of the US Government to borrow 50 cents of every dollar it spends to pay our welfare class.
This can happen almost overnight.
It took years for Chavez and Maduro to have driven Venezuela's oil production into the ground so badly that even if oil prices had not collapsed from their 100+ per barrel high, Venezuela could not pump enough oil to pay to float their economy even if oil were still 100+ per barrel .
Venezuela's collapse has been slower because it takes a while to destroy an oil industry that produces a product that produces revenues..
A collapse can be very quick here because when half the US Government's budget is purely borrowed money it's hard to make up the difference when the ability to borrow evaporates in short order.
We need to help them even though they went commie and did this to themselves.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.