Author Topic: Venezuela goes deeper into the hyperinflation abyss  (Read 1601 times)

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Offline Libertas

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Venezuela goes deeper into the hyperinflation abyss
« on: August 27, 2015, 07:36:56 AM »
http://www.bloomberg.com/news/articles/2015-08-26/venezuela-said-to-ready-larger-bank-notes-as-inflation-soars

Once you start printing larger denomination fiat...you might as well just give up.  Ask Zimbabwe how that worked out.



tHugo's leftist legacy reaching fruition.  Angry mobs should dig his dead ass up and mutilate it and hoist it up in the central square!
« Last Edit: August 27, 2015, 08:20:11 AM by Libertas »
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Offline richb

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Re: Venezuela goes deeper into the hyperinflation abyss
« Reply #2 on: September 01, 2015, 03:34:42 PM »
The sad thing about both Venezuela and Zimbabwe,  neither were poor nations before their current "leadership".  Now they are both basket cases. 

My local library has a travel video produced before Zimbabwe went off the tracks.   It was once a pretty nice place to visit.   

Offline Libertas

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Re: Venezuela goes deeper into the hyperinflation abyss
« Reply #3 on: February 04, 2016, 07:27:27 AM »
The oil collapse is part of it...but hey they can bitch to the Saud's all they want...

http://www.ft.com/cms/s/0/204fc996-c8d5-11e5-a8ef-ea66e967dd44.html#axzz3zCk6nVnS

A cautionary tale of socialism and despotism run amok...a cautionary tale if there ever was one.

I like the comment posted by perfessa - "Those ignorant young souls climbing aboard the Bernie Sanders wagon are too young to remember communism but should be forced to read about countries like Venezuela, Ecuador and their contemporaries. Socialism/progressivism/communism----all the same crapola"

But stupid is stupid...and the stupid here will merely say "They didn't get it right, we're smarter".

More crapola!
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Offline Libertas

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Re: Venezuela goes deeper into the hyperinflation abyss
« Reply #4 on: May 05, 2016, 07:21:48 AM »
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.”

http://www.weaselzippers.us/269858-how-bad-is-it-in-venezuela-soldiers-are-stealing-goats-to-eat/

No shyt?  it's not a good sign when droves of people are starving.  This is about to get really nasty.  But hey, it's not socialism's fault, the fault is in the implementation not the ideology, right?!

Morons.
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Offline AlanS

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Re: Venezuela goes deeper into the hyperinflation abyss
« Reply #5 on: May 05, 2016, 08:47:09 AM »
And the morons here can't see us heading down that rabbit hole.
"Malo periculosam, libertatem quam quietam servitutem."

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Offline Libertas

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Re: Venezuela goes deeper into the hyperinflation abyss
« Reply #6 on: May 05, 2016, 08:49:00 AM »
When you head is in the hole and all you see is walls...it's hard to see anything else.
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Offline Libertas

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Offline richb

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Re: Venezuela goes deeper into the hyperinflation abyss
« Reply #8 on: May 16, 2016, 02:31:08 PM »
the blocking streets thing has already come to be.

Offline Libertas

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Re: Venezuela goes deeper into the hyperinflation abyss
« Reply #9 on: May 18, 2016, 07:13:20 AM »
Venezuelan opposition leader Henrique Capriles said the army must decide whether it is "with the constitution or with (President Nicolas)Maduro"

Venezuela's opposition leader urged his country on Tuesday to defy a state of emergency decreed by the government as it grapples with an acute political and economic crisis.

Henrique Capriles spoke as the opposition-controlled congress prepared to debate the sweeping measures ordered by President Nicolas Maduro.

He said lawmakers will probably reject Maduro's plan, and that if the government insists the decree remain in force, "it is up to us... to ignore this decree."

https://www.yahoo.com/news/opposition-leader-urges-venezuelans-defy-state-emergency-131853542.html?ref=gs

At least folks there are trying to stand up to their tyrant...wish we could say the same thing here...   ::unknowncomic::
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Online John Florida

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Re: Venezuela goes deeper into the hyperinflation abyss
« Reply #10 on: May 18, 2016, 05:57:01 PM »
 We've seen it over and over but it seems we don't learn! at least half of the country doesn't learn.
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Offline Libertas

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Re: Venezuela goes deeper into the hyperinflation abyss
« Reply #11 on: May 20, 2016, 08:01:54 AM »
Check this out - http://www.weaselzippers.us/272475-venezuelan-mob-burns-man-alive-for-allegedly-stealing-5/

A lesson for the looters here, for when our shat hits the oscillating multi-blade unit.   ;)
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Offline Libertas

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Re: Venezuela goes deeper into the hyperinflation abyss
« Reply #12 on: June 01, 2016, 12:30:32 PM »
I don't know what these pendejos are bitching about...nothing can be quintessentially socialist than long lines, empty shelves and skyrocketing prices.

http://www.latimes.com/world/mexico-americas/la-fg-venezuela-lines-20160530-snap-story.html

Suck it up, retardados!

 ::mooning::
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Offline Libertas

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Re: Venezuela goes deeper into the hyperinflation abyss
« Reply #13 on: July 12, 2016, 07:18:57 AM »
Life in a collapsing socialist utopia just keeps getting more special every day...

http://bigstory.ap.org/article/7c0464c1dd404aca99458a8a19930bad/life-line-venezuela-economic-crisis-worsens

To socialism!   ::beertoast::
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Offline Libertas

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Re: Venezuela goes deeper into the hyperinflation abyss
« Reply #14 on: August 09, 2016, 07:47:03 AM »
You know you are in a collapsing socialist utopia, when...

People begin using the local zoo as a supermarket.

Mmm, pigs, sheep and horses...oh my!
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Offline Libertas

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Re: Venezuela goes deeper into the hyperinflation abyss
« Reply #15 on: August 09, 2016, 11:32:07 AM »
Oh, and what do total effing idiots do when socialism fails?

I bet you didn't guess go harder with more socialism!

http://www.zerohedge.com/news/2016-08-09/last-ditch-effort-save-economy-venezuela%E2%80%99s-maduro-hires-marxist-%E2%80%9Cjesus-christ-econom

Hilarious.  It's going to get a lot worse now.

Oh, and BTW I don't think Jesus wants anything to do with this a-hole, Marx or any stinking God-hating leftist puke, so knock that crap off!
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Online ToddF

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Re: Venezuela goes deeper into the hyperinflation abyss
« Reply #16 on: August 09, 2016, 05:38:41 PM »
I predict cannibalism in the not too distant future.

Offline Libertas

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Re: Venezuela goes deeper into the hyperinflation abyss
« Reply #17 on: August 10, 2016, 07:40:46 AM »
Just like the People's Paradise of North Korea...
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Offline Libertas

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Re: Venezuela goes deeper into the hyperinflation abyss
« Reply #18 on: October 27, 2016, 07:34:52 AM »
Trial?  Like this douche will show! 

"Legally, the National Assembly does not exist,"

"In Venezuela we are battling Satan!"

http://www.upi.com/Top_News/World-News/2016/10/25/Venezuela-lawmakers-approve-criminal-trial-for-Maduro-as-crisis-deepens/2491477428705/?spt=mps&or=4

Damn!  Obama acts like Congress doesn't exist and we know we are battling Satan here!  Hey, should we maybe be doing more?

Oh, right...Pubbies...Presstitutes and Progs, oh my!
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Offline Glock32

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Re: Venezuela goes deeper into the hyperinflation abyss
« Reply #19 on: October 27, 2016, 11:11:16 AM »
I wonder if Maduro has ever seen a certain video that was broadcast as a Christmas present to the Romanian people in 1989?
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