Author Topic: How bad is it in Venezuela? Soldiers are stealing goats  (Read 1220 times)

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Offline BlueStateSaint

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How bad is it in Venezuela? Soldiers are stealing goats
« on: May 04, 2016, 12:32:16 PM »
The 'fruits of socialism' in action.

Quote
How bad is it in Venezuela? Soldiers are stealing goats

"I think it's important to pay attention to what's going on in Venezuela," says an analyst who follows the country.


The situation in Venezuela has become so bad that even soldiers are struggling to support themselves.

Over the weekend, six members of the Venezuelan military were detained by local authorities for stealing goats, the Venezuelan newspaper El Nacional reported Sunday. It said the soldiers confessed to stealing the goats and said they did it to feed themselves, since they had no food left in their barracks.

"It's not a good sign when your military doesn't have enough food, and when the military has been relegated to guarding and protecting food lines," said Jason Marczak, director of the Latin America Economic Growth Initiative at the Atlantic Council. "This is endemic of the problems going on across the country."

Venezuela has been hard hit by food shortages, a dizzying inflation rate of about 181 percent and a collapse in the price of oil — its most critical export.

Crude prices are down more than 25 percent in the past 12 months, despite a sharp bounce from their February lows, and the pain is expected to continue in Venezuela. IPD Latin America, a U.S.-based energy consulting firm, gave a "pessimistic scenario" Tuesday for Venezuela's oil output to decrease to an average of 2.35 million barrels per day this year. The firm's previous estimate was 2.62 million barrels.

The rest is here:  http://www.cnbc.com/2016/05/04/how-bad-is-it-in-venezuela-soldiers-are-stealing-goats.html

Only a matter of time before the government goes down . . . :whistling: :fuelfire:
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Offline Ptarmigan

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Re: How bad is it in Venezuela? Soldiers are stealing goats
« Reply #1 on: May 04, 2016, 09:09:24 PM »
The 'fruits of socialism' in action.

The rest is here:  http://www.cnbc.com/2016/05/04/how-bad-is-it-in-venezuela-soldiers-are-stealing-goats.html

Only a matter of time before the government goes down . . . :whistling: :fuelfire:

They can go the Indonesia 1965 route.
« Last Edit: May 04, 2016, 09:22:10 PM by Ptarmigan »
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