Venezuela has officially ran out of food [Archive]

Shami-Amourae

17th February 2016, 03:45 PM

http://archive.4plebs.org/pol/thread/64438352

Here's what a Bernie Sanders Presidency would look like.

http://www.breitbart.com/national-security/2016/02/12/venezuela-has-run-out-of-food/

>Venezuela’s opposition legislature has declared a “nutritional emergency,” proclaiming that the country simply does not have enough food to feed its population. The move comes after years of socialist rationing and shortages that forced millions to wait on lines lasting as long as six hours for a pint of milk, a bag of flour, or carton of cooking oil.

>Socialist legislators also warned that “a food emergency would be an excuse for an American intervention.” While most economic experts attribute Venezuela’s dire economic situation to years of socialist mismanagement and, more recently, the international drop in crude oil prices, Venezuela’s government has long blamed the United States. Most recently, Maduro blamed American officials for allegedly prompting a violent supermarket riot in which the fight for bags of flour left one dead.

>The situation grew so dire that, in January 2015, reports began surfacing of professional “line-sitters“: individuals who, for a price, would wait in a supermarket line and buy you the little your ration card could afford.

>Socialist legislators are hoping to manipulate the initiative in the other direction, and use it to expand government control of private food enterprises. Legislator Héctor Rodríguez has insisted that the economic emergency “does absolutely nothing,” and the government should impose itself on private enterprises. Another socialist legislator, Ricardo Molina, is calling for the government to expropriate Polar, Venezuela’s largest private food corporation: “we have to intervene on private sector enterprises.”

>Venezuela previously forced a Polar food distribution center in Caracas to shut down in July, putting 12,000 tons of food, six million liters of soft drinks, and 2,000 jobs at risk.

Video:

https://www.youtube.com/watch?v=LKrvH569Tmc

cheka.

17th February 2016, 03:50 PM

video reminds me of ferguson

Cebu_4_2

17th February 2016, 04:31 PM

video reminds me of ferguson

Or Vietnam in the '60s.

cheka.

21st February 2016, 05:04 PM

chavez is being erased. gold gone...guys that tried to kill him getting legislation their way

smells like libya -- regime change to compliant puppets

http://seekingalpha.com/article/3914536-venezuela-exported-36-tonnes-official-gold-reserves-switzerland-january

Switzerland has net imported 35.8 tonnes of gold from Venezuela in January 2016. This unusual high tonnage must be gold from the central bank of Venezuela - Banco Central de Venezuela (BCV) - that has been swapping metal with banks or simply sold it in the open market.

Remarkably, after Venezuela repatriated 160 tonnes in official gold reserves from 25 November 2011 until 30 January 2012, it started to slowly export this gold to the world's largest gold trading and refining hub, Switzerland, in 2015. How much unencumbered official gold reserves Venezuela has left is unknown.

http://www.telesurtv.net/english/news/Venezuela-National-Assembly-Approves-Controversial-Amnesty-Law-20160216-0035.html

Venezuela’s opposition-controlled National Assembly approved a controversial Amnesty Law Tuesday, rejecting President Nicolas Maduro’s objection to the law and his promise to block its implementation. The law was passed in first discussion only, and will need to be passed after a second discussion to then be inacted.

The law extends amnesty for all “political prisoners” linked to a number of historical events, including the 2002 coup attempt against former President Hugo Chavez, the 2006 presidential election protests, the 2013 protests and violent blockades around the presidential elections following Chavez’s death, and multiple other events.

The new law specifies that the period of amnesty begins in 1999, which coincides with the beginning of socialist rule under former President Hugo Chavez.

vacuum

21st February 2016, 07:03 PM

I guess without oil revenue, their entire system is collapsing.

Cebu_4_2

22nd February 2016, 12:57 AM

I guess without oil revenue, their entire system is collapsing.

e lines:
Read between th

The new law specifies that the period of amnesty begins in 1999, which coincides with the beginning of socialist rule under former President Hugo Chavez.

monty

28th April 2016, 03:14 PM

madfranks

28th April 2016, 03:38 PM

Shami-Amourae

28th April 2016, 03:53 PM

Venezuela has run out of money . . . . . . . . to print

http://youtu.be/Xc6bn0j0paM

http://youtu.be/Xc6bn0j0paM

http://www.zerohedge.com/news/2016-04-27/end-venezuela-runs-out-money-print-new-money
...

https://yt3.ggpht.com/-3Vb5BhyxX8Q/AAAAAAAAAAI/AAAAAAAAAAA/rQUJqzZCnRU/s48-c-k-no-rj-c0xffffff/photo.jpg (https://www.youtube.com/channel/UCnOEoLuQpjvdC6ZzcjK1EkQ)Octavia Hutson (https://www.youtube.com/channel/UCnOEoLuQpjvdC6ZzcjK1EkQ) 1 hour ago (https://www.youtube.com/watch?v=Xc6bn0j0paM&lc=z13mfdrhenvcdn54a04cc1lzetjwizbfk)

I'm Guyanese (Guyana, east of Venezuela). I Can certainly say It's much worse than they're reporting and what's is more worrying is that as a result of this economic collapse, The Venezuelan Government is now claiming 3/4 of or country and are preparing to "attack" and to "take their land". Soon enough just like the middle East, Venezuelan refugees will spill over our borders in the hundreds (they've already started). Unfortunately, We're not capable to confront the Venezuelan Military so i fear for the worst...Civil war possibly.

monty

28th April 2016, 04:40 PM

How can you run out of money when you print it at will??

The high cost of the printing binge is an especially heavy burden as Venezuela reels from the oil-price collapse and 17 years of free-spending socialist rule that have left state finances in shambles.

Most countries around the world have outsourced bank-note printing to private companies that can provide sophisticated anticounterfeiting technologies like watermarks and security strips. What drives Venezuela’s orders is the sheer volume and urgency of its currency needs.

The central bank’s own printing presses in the industrial city of Maracay don’t have enough security paper and metal to print more than a small portion of the country’s bills, the people familiar with the matter said. Their difficulties stem from the same dollar shortages that have plagued Venezuela’s centralized economy, as the Maduro administration struggles to pay for imports of everything, including cancer medication, toilet paper and insect repellent to battle the mosquito-borne Zika virus.

http://www.zerohedge.com/news/2016-04-27/end-venezuela-runs-out-money-print-new-money

Down1

28th April 2016, 04:49 PM

Socialism is just great !

They have little food.
They have little water.
Electricity is in short supply now also.
They are fooling with the clocks too.
http://www.upi.com/Top_News/World-News/2016/04/15/Venezuela-changing-time-zone-to-battle-power-crisis/7251460746012/

monty

28th April 2016, 05:03 PM

Indeed, as we hinted three months ago, "Venezuela, in other words, is now so broke that it may not have enough money to pay for its money."
Among the new information revealed by Bloomberg is that last month, De La Rue, the world’s largest currency maker, sent a letter to the central bank complaining that it was owed $71 million and would inform its shareholders if the money were not forthcoming. The letter was leaked to a Venezuelan news website and confirmed by Bloomberg News.

"It’s an unprecedented case in history that a country with such high inflation cannot get new bills,” said Jose Guerra, an opposition law maker and former director of economic research at the central bank. Late last year, the central bank ordered more than 10 billion bank notes, surpassing the 7.6 billion the U.S. Federal Reserve requested this year for an economy many times the size of Venezuela’s.

Venezuela had prudently diversified its money printing relationships, and ahead of the 2015 congressional elections, the central bank tapped the U.K.’s De La Rue, France’s Oberthur Fiduciaire and Germany’s Giesecke & Devrient to bring in some 2.6 billion notes, Bloomberg adds. Before the delivery was completed, the bank approached the companies directly for more. De La Rue took the lion’s share of the 3-billion-note order and enlisted the Ottawa-based Canadian Bank Note Company to ensure it could meet a tight end-of-year deadline.

As we reported four months ago, the cash arrived in dozens of 747 jets and chartered planes. Under cover of security forces and snipers, it was transferred to armored caravans where it was spirited to the central bank in dead of night.

But while Venezuela was already planning its future cash orders, the cash vendors were starting to get worried. According to company documents, De La Rue began experiencing delays in payment as early as June. Similarly, the bank was slow to pay Giesecke & Devrient and Oberthur Fiduciaire. So when the tender was offered, the government only received about 3.3 billion in bids, bank documents show.

http://www.zerohedge.com/news/2016-04-27/end-venezuela-runs-out-money-print-new-money

Dogman

28th April 2016, 05:17 PM

Many comments!

Political flavours dah of corruption and making a nanny gov sheltering the population on the income from petroleum exclusively mostly!

Will become a major wake up for all, if the income goes poof!

East Texas oilfield here that in its prime was on the top of the hill, no where was bigger at the time!

On the local level once tho oil migrated out of the local taxing community's that depended on those taxes, was a major wakeup! Bunch of towns here large and small crumbled until they learned to diversify so if you loose one, the economic hurt was lessoned.

Feel sorry for that country!

Mainly because, the people did not know better, because of there history having strong man govs that were corrupt and other than providing coffee, drugs plus a nasty heavy crud that most refinery's hate!

A blind person could see this one coming!

Sent from my Nexus 7

Glass

28th April 2016, 07:18 PM

the country is being gutted by the IMF. Irish famine style. That leaves nothing left for the people. I know people there. Can't contact them now. I think because the infrastructure is breaking down. All can do is hope they are ok. Tried to get them to leave..... but patriotism

singular_me

12th May 2016, 11:32 AM

Raw Venezuela: Looter Burned Alive, While 'Streets Filled With People Killing Animals For Food'
12 May 2016 GMT

‘The situation in Venezuela is reaching all out chaos, as crippling socialist policies have resulted in a devastating power and food shortage, as well as looming political instability.

The point was reached long ago where people were forced to wait in long lines for basic rations that may not even be there, or turn to the black market.

Now, hunger and scarcity have apparently reached a tipping point that is driving people to poach stray animals and even pets for food.’

http://www.shtfplan.com/headline-news/raw-venezuela-looter-burned-alive-while-streets-filled-with-people-killing-animals-for-food_05112016

Joshua01

12th May 2016, 11:38 AM

Not my problem, when it happens on my street then it becomes my problem. I'm as prepared as I can be given the present circumstances and I'm much more prepared than most

Shami-Amourae

12th May 2016, 12:01 PM

WeAreChange
From 1 month ago...

https://www.youtube.com/watch?v=UOQb7Y5QVO8

Gun Free Zones -- Anti-Racism Laws -- No-Smoking

collector

12th May 2016, 12:53 PM

I guess Venezuela is no longer a member of the axis of evil. Chavez is dead and the new president is following UN protocols (gun control, anti-racism, etc) - Mission Accomplished

Shami-Amourae

25th May 2016, 11:32 PM

http://im.ft-static.com/content/images/3e0d3f47-893a-4ac9-be37-01c2ebce947f.img©Dreamstime (http://www.ft.com/servicestools/terms/dreamstime)

Venezuela’s gold reserves have plunged to their lowest level on record after it sold $1.7bn of the precious metal in the first quarter of the year to repay debts. The country is grappling with an economic crisis (http://www.ft.com/cms/s/0/d08ee38e-1e0a-11e6-b286-cddde55ca122.html#axzz49TJqKdf6) that has left it struggling to feed its population.
The Opec member’s gold reserves have dropped almost a third over the past year and it sold over 40 tonnes in February and March, according to IMF data. Gold now makes up almost 70 per cent of the country’s total reserves, which fell to a low of $12.1bn last week.

http://www.ft.com/cms/s/0/c674defa-2281-11e6-aa98-db1e01fabc0c.html

Glass

25th May 2016, 11:48 PM

Another issue Venezuela has is that it borrowed a lot of money from China with a view to repaying that debt with oil. But it was not a Yuan to BBLs of oil debt deal it was Yuan to USD per BBL deal. As a result, they need to give up much more oil to meet their Chinese debt obligations.

This is taking oil revenue away from other needs. According to this story (http://www.reuters.com/article/venezuela-debtrenegotiation-china-idUSL2N15H0YZ), they negotiated a deal at USD $100 per barrel which required 288.000 barrels per day but because of the current oil price they need 800,000 barrels per day. 3.5 x more oil is required to meet the debt. It also appears that Vz doesn't have the ability to meet that level of capacity anyway, so they are getting further behind.

So while oil producers everywhere are struggling China is raking in the oil at super cheap prices.

mamboni

26th May 2016, 05:53 AM

I guess Venezuela is no longer a member of the axis of evil. Chavez is dead and the new president is following UN protocols (gun control, anti-racism, etc) - Mission Accomplished

Yes - and always the same sequence of events:
1. country borrows beaucoup US dollars collateralized by domestic commodity or resource
2. price of domestic commodity or resource fluctuates wildly then collapses
3. country suddenly in debt crisis cuts domestic programs
4. country has to sell GOLD to make up for shortfall.

I smell bagels.

Shami-Amourae

26th May 2016, 06:37 AM

Yes - and always the same sequence of events:
I smell bagels.

http://s33.postimg.org/vc2otbjcf/1464176390522.jpg

mick silver

26th May 2016, 08:14 AM

Desperate Venezuela Begins to Sell Its Gold Reserves (http://www.blacklistednews.com/Desperate_Venezuela_Begins_to_Sell_Its_Gold_Reserv es/51440/0/38/38/Y/M.html)Venezuela’s gold reserves have plunged to their lowest level on record after it sold $1.7 billion of the precious metal in the first quarter of the year to repay debts, reports FT. The country’s gold reserves have dropped almost a third over the past year and it sold over 40 tons in February and March, according to IMF data

singular_me

7th June 2016, 12:52 PM

wanna competitive meritocracy? that is what you/one get(s)!
---------------------
Censored Images from Venezuela Reveal Economic Collapse is Only for the Poor
7 June 2016 GMT
http://www.wakingtimes.com/wp-content/uploads/2016/06/Venezuela-1.jpg

Venezuelan citizen Agustin Otxotorena recently posted a series of photographs to his personal Facebook profile that paint a different picture of life under economic collapse in Caracas. After becoming annoyed by so many relatives and friends overseas asking him if he was doing okay in the crisis, Otxotorena took photos from certain parts of Caracas showing that for many in the socialist capital, food is plentiful, and stores are fully stocked with meats, wine, liquor and pretty much anything a modern consumer could ask for.

“Agustin Otxotorena, a Basque executive living in Caracas, grew tired of constant calls from friends and relatives in Spain telling him that there was no food in Venezuela, so on May 20 he began publishing photos on Facebook of supermarkets in upscale sectors of Caracas filled with goods.” [Source]

http://www.wakingtimes.com/wp-content/uploads/2016/06/Venezuela-4.jpg

http://www.wakingtimes.com/2016/06/06/censored-images-venezuela-reveal-economic-collapse-poor/

mamboni

7th June 2016, 01:03 PM

Spectrism

7th June 2016, 01:38 PM

Slant eyed jews take their oil cheap.
Banker jews take their gold.
Media jews report their empty store shelves.
American jews don't give a shit.

Shami-Amourae

31st July 2016, 09:58 AM

Venezuela Becomes New Pol Pot Cambodia, Introduces Forced Labor

https://www.youtube.com/watch?v=Wzmp6UymiMU

http://money.cnn.com/2016/07/29/news/economy/venezuela-decree-farm-labor/

singular_me

3rd August 2016, 10:43 AM

only 4 million though, just enough for a few weeks worth of supplies/foods

---------------------
Jamaica Is Paying Its Oil Debts To Venezuela With Food

August 1, 2016 | 1:54 pm

Jamaica has announced it is going to pay off oil debts it has with Venezuela with food, medication, and fertilizers, instead of cash.

The barter agreement comes at a time when Venezuela is suffering from acute shortages of basic products amid a major economic and political crisis.

Jamaica's government announced the deal last Friday, saying that the transfers will take place in the last quarter of this year and amount to $4 million.

The oil-for-basic products exchange is taking place within a regional agreement known as PetroCaribe that was signed in 2005 by Venezuela and 12 Caribbean States.

The deal requires the Caribbean nations to pay for half of the oil at market prices immediately. The remaining 50 percent can be paid up to 25 years later. A special "compensation mechanism" within the agreement allows for cash substitutes to be used to settle that delayed payment.

"Jamaica has been accumulating a debt with Venezuela since 2006, and it is perfectly legitimate to pay that debt with products" said Rolín Iguarán, an oil expert from the University of Zulia in Venezuela. "In this period of economic recession, Venezuela is returning to practices that were used in the 1940s."

Shortages of food and other basics are at the heart of Venezuela's current crisis, with few signs that things would get any better in the near or medium term.

This year clashes between security forces and angry crowds demanding food have killed several people. Last month over 120,000 Venezuelans flooded into neighboring Colombia to buy supplies, during a weekend in which border controls were temporarily relaxed.

more
https://news.vice.com/article/jamaica-is-paying-its-oil-debts-to-venezuela-with-food

Shami-Amourae

3rd August 2016, 11:16 AM

Venezuela Bakes $65,000 Cake for Dead Dictator as Citizens Starve
http://img.4plebs.org/boards/pol/image/1470/24/1470245230430.jpg

http://thelibertarianrepublic.com/venezuela-bakes-cake-citizens-starve/

Shami-Amourae

13th August 2016, 04:40 PM

Al Jazeera documentary on what's going on currently in Venezuela:

https://www.youtube.com/watch?v=I00t2TMA4bs

crimethink

13th August 2016, 04:42 PM

Imbeciles will claim Venezuela's collapse is due to "socialism."

The reality is, it's due to a combination of Judaism and Shitskinism.

Ponce

13th August 2016, 05:39 PM

And the people in America will be controlled the same way, with food and water.

V

Spectrism

13th August 2016, 05:47 PM

Look at the bright side Ponce- if they don't have food they wont need toilet paper.

singular_me

30th October 2016, 10:59 AM

here is a solution... glad they figure it out. ROFLOL

=============

Will Print 200x Higher-Denominated Bills
30 October 2016 GMT

However, while the international community had long accepted the inevitable fate of Maduro’s socialist paradise, the local government sternly refused to admit reality and to avoid confirming what the local population already knew, it insisted on keeping the highest denomination bill in circulation at 100 bolivars, whose worth is approximately 8 cents on the black market, turning the most basic transactions into logistical nightmares and saddling banks with crippling money-handling costs. Economists and central bank employees say Mr. Maduro didn’t want to acknowledge the country’s inflation problem by printing bigger notes.’
http://www.zerohedge.com/news/2016-10-27/venezuela-throws-towel-hyperinflation-will-print-200x-higher-denominated-bills

Horn

30th October 2016, 02:04 PM

I remember someone on GSUS declaring the U.S. had constantly supported Communist nations in the past.

Well now is obvious why they do...

Down1

21st April 2017, 04:17 PM

Some pics and vids from the craphole.
https://theconservativetreehouse.com/2017/04/21/venezuela-on-the-brink-images-and-video/

Horn

21st April 2017, 04:46 PM

I heard somewhere this morning that Venezuela confiscated a GM plant.

http://money.cnn.com/2017/04/20/news/gm-venezuela-plant-seized/

guess they figure on holding it hostage?

old steel

21st April 2017, 05:03 PM

I heard somewhere this morning that Venezuela confiscated a GM plant.

http://money.cnn.com/2017/04/20/news/gm-venezuela-plant-seized/

guess they figure on holding it hostage?

They will turn it into a Molotov cocktail factory.

https://www.youtube.com/watch?v=99T97R-B5zI

@1 minute mark

osoab

21st April 2017, 05:06 PM

Russia is also holding a tanker of oil.

Joshua01

21st April 2017, 05:08 PM

Socialism, ain't it grand??
They will turn it into a Molotov cocktail factory.

https://www.youtube.com/watch?v=99T97R-B5zI

@1 minute mark

monty

21st April 2017, 05:29 PM

Socialism, ain't it grand??

^...

http://resources0.news.com.au/images/2013/03/07/1226592/031784-hugo-chavez-michael-moore.jpg

Down1

22nd April 2017, 03:45 PM

Maduro is part jewish.

Oh, and Maduro – the leader of Venezuela – is a bona fide Crypto-Jew, so you even have the standard Tribal abuse of the Goyim to use as an example of how future (((leaders))) would deal with a mixed-race United States of more than 400 million individuals.
http://www.occidentaldissent.com/2017/04/22/a-glimpse-at-a-potential-future-death-toll-in-venezuela-riotslooting-reaches-20/