Venezuela: what really happens when socialists run out of other people's money!

[Tony Koretz]

In Venezuela, “We Loot Or We Die Of Hunger”

But as they grow thinner some Venezuelans insist they have a right to take matters into their own hands. That was the case in the western city of Maracaibo, where residents recently swarmed into the streets, stopped two trucks filled with flour and candy, and emptied them.

“We either loot or we die of hunger,” one of the looters, Maryoli Corniele, told Diario la Verdad, the local newspaper.

As Daniel Greenfield recently wrote, this is what really happens when socialists run out of other people’s money.

Hugo Chavez had once touted the “marvelous community experience” of bartering. Now his collapsing narcostate is reduced to bartering its precious metals and jewels to survive.

Ordinary Venezuelans have long ago been battling imaginary inflation in the real life horror of socialism by trading in their worthless money for subsidized products and then reselling them on the black market. But increasingly they’re just bartering them to avoid the increasingly worthless currency.

Venezuela’s new supermarkets are the Facebook groups where the people trade sugar for beans. It’s a marvelous community experience that Hugo Chavez’s daughter, the richest woman in Venezuela, hasn’t been able to share with the rest of the populace. When Maduro, the former bus driver driving the country off a cliff as its insane leftist dictator, began chowing down on an empanada during a televised speech, the mouths of his starving people watered and a million memes were born.

https://www.zerohedge.com/news/2018-01-27/venezuela-we-loot-or-we-die-hunger

A Minute to Midnite Administration
A Minute To Midnite Show Host

[Author]

Posts