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Venezuela the Socialist Dream Crumbles - Page 2 - Peoples Republic Of Cork Discussion Forums

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  #11  
Old 07-10-2013, 04:19 PM
Stacky Stacky is offline
 
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Originally Posted by How bad boy View Post
Guardian has basically the same story:
http://www.theguardian.com/global-de...ch-country-cia

Venezuela food shortages: 'No one can explain why a rich country has no food'
Toilet paper, rice and coffee have long been missing from stores, as Venezuelan president blames CIA plot for chronic shortages

....
For Oliveros, an additional cause for the shortage of basic food staples is the decrease in agricultural production resulting from seized companies and land expropriations. "More than 3m hectares were expropriated during 2004-2010. That and overvalued exchange rate destroyed agriculture. It's cheaper to import than it is to produce. That's a perverse model that kills off any productivity," he says.

Venezuela's central bank, which has been publishing a scarcity index since 2009, puts this year's figure at an average of 20%, which, according to economists in the country, is similar to countries undergoing civil strife or war-like conditions.
...
Have they been reading Robert Mugabe's 10 steps to agricultural success down there ?
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  #12  
Old 07-10-2013, 04:22 PM
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Have they been reading Robert Mugabe's 10 steps to agricultural success down there ?
Indeed.

Economies of scale are only to be achieved through state force.
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  #13  
Old 07-10-2013, 04:32 PM
mire mire is offline
 
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There is another country with a very different political and governing philosophy to the north of Venezuela that is also unbelievably wealthy yet is struggling to keep the machinery of government going and basic services operating, with abject urban poverty, a public health and crime crisis, wanton violence, horrendous inequality, and crumbling infrastructure. Its government is currently closing down some services because it cannot fund them.

Today, that country received a warning from the German Bundesbank suggesting it gets its house in order and to sort out its failing democratic structures. Class.
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  #14  
Old 07-10-2013, 04:36 PM
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There is another country with a very different political and governing philosophy to the north of Venezuela that is also unbelievably wealthy yet is struggling to keep the machinery of government going and basic services operating, with abject urban poverty, a public health and crime crisis, wanton violence, horrendous inequality, and crumbling infrastructure. Its government is currently closing down some services because it cannot fund them.

Today, that country received a warning from the German Bundesbank suggesting it gets its house in order and to sort out its failing democratic structures. Class.
Indeed, it's so bad, 3% has been lost off the Dow Jones...

It's kabuki, there isn't a crisis as such.
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  #15  
Old 07-10-2013, 06:08 PM
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Originally Posted by mire View Post
There is another country with a very different political and governing philosophy to the north of Venezuela that is also unbelievably wealthy yet is struggling to keep the machinery of government going and basic services operating, with abject urban poverty, a public health and crime crisis, wanton violence, horrendous inequality, and crumbling infrastructure. Its government is currently closing down some services because it cannot fund them.

Today, that country received a warning from the German Bundesbank suggesting it gets its house in order and to sort out its failing democratic structures. Class.
It is not a real crisis until a state cannot supply basics to the state supermarkets like loo roll.

It is always the little things that bring regimes down.
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  #16  
Old 07-10-2013, 07:51 PM
Revolution Cork Revolution Cork is offline
 
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It is not a real crisis until a state cannot supply basics to the state supermarkets like loo roll.

It is always the little things that bring regimes down.
The problem in America is that there is plenty of toilet roll but not everyone can afford it.
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  #17  
Old 07-10-2013, 07:53 PM
Revolution Cork Revolution Cork is offline
 
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Originally Posted by How bad boy View Post
Indeed, it's so bad, 3% has been lost off the Dow Jones...

It's kabuki, there isn't a crisis as such.
No crisis hmmm the rise of inequality in the States is becoming unprecedented, some would say that this is in fact a crisis but it depends on your perspective.
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  #18  
Old 07-10-2013, 08:15 PM
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The problem in America is that there is plenty of toilet roll but not everyone can afford it.
How much is it ?

Is it THAT expensive ?

At least they have a plentyful supply unlike some barmpot crumbling regime South of the border.
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  #19  
Old 07-10-2013, 08:19 PM
Revolution Cork Revolution Cork is offline
 
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How much is it ?

Is it THAT expensive ?

At least they have a plentyful supply unlike some barmpot crumbling regime South of the border.
You would miss the elephant sitting on your face
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  #20  
Old 07-10-2013, 08:22 PM
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Calm down and just hope that Venezuela cops itself on.

You will feel better.
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