People walk at the refrigerated foods section inside a Makro supermarket in Caracas January 9, 2015. Credit: REUTERS/Jorge Silva
Bloomberg: Venezuelans Throng Grocery Stores Under Military Protection
WNU Editor: This reminds me of the good old Soviet Union and its remarkably efficient bureaucratic and distribution system (I am being very sarcastic here). When you mess around with market forces .... this is the end result. Mind you .... I suspect that the black market (like in the old Soviet Union) is flourishing. As for Venezuelan President Maduro attempts to get aid from China and support from Iran .... too little and waaayyyy too late .... and it will ignore the real problem which is Venezuelan government restrictions, bureaucracy, regulation, and a disastrous fiscal/economic policy.
More News On Grocery Stores Now Under Military Protection In Venezuela
Venezuela supermarket lines swell as shoppers scramble to buy basics -- Reuters
Shopping no fun in shortage-hit Venezuela -- Gulf Times/AFP
Forget the bank run; Venezuelans are on a supermarket run -- Financial Times
Long Lines Everywhere as Shortages Worsen in Venezuela -- Havana Times
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