Rich Venezuelan Socialists flee to US for the good life

Discussion of current events
User avatar
Doc
Posts: 1934
Joined: Thu Dec 15, 2016 7:09 pm
Location: Cradle To Grave

5 Bananas And 2 Eggs

Post by Doc » Mon May 07, 2018 1:24 pm

https://www.zerohedge.com/news/2018-05- ... and-2-eggs
When Money Dies: In Venezuela, A Haircut Costs 5 Bananas And 2 Eggs

For Venezuela's economy, the ascent into socialist paradise did not turn out quite as planned: in fact, under the Maduro regime, the country with the world's biggest petroleum reserves somehow reversed course, and crashed through every single circle of economic hell, and now that its hyperinflation has hit levels that would make even Mugabe and Rudy von Havenstein blush, all that's left is barter.

And, as Fabiola Zerpa explains as part of Bloomberg's fascinating "Life in Caracas" series, i.e., watching economic and social collapse in real-time, in Venezuela, a haircut now costs 5 bananas and 2 eggs.

Read on for what really happens when money dies, coming to a banana monetary regime near you in the near future.
“"I fancied myself as some kind of god....It is a sort of disease when you consider yourself some kind of god, the creator of everything, but I feel comfortable about it now since I began to live it out.” -- George Soros

User avatar
cassowary
Posts: 2191
Joined: Thu Dec 15, 2016 11:30 pm

Re: 5 Bananas And 2 Eggs

Post by cassowary » Mon May 07, 2018 8:49 pm

Doc wrote:
Mon May 07, 2018 1:24 pm
https://www.zerohedge.com/news/2018-05- ... and-2-eggs
When Money Dies: In Venezuela, A Haircut Costs 5 Bananas And 2 Eggs

For Venezuela's economy, the ascent into socialist paradise did not turn out quite as planned: in fact, under the Maduro regime, the country with the world's biggest petroleum reserves somehow reversed course, and crashed through every single circle of economic hell, and now that its hyperinflation has hit levels that would make even Mugabe and Rudy von Havenstein blush, all that's left is barter.

And, as Fabiola Zerpa explains as part of Bloomberg's fascinating "Life in Caracas" series, i.e., watching economic and social collapse in real-time, in Venezuela, a haircut now costs 5 bananas and 2 eggs.

Read on for what really happens when money dies, coming to a banana monetary regime near you in the near future.
Hahaha. :lol: :lol: :lol:

That's Socialism all right. All economies are mixed. There are elements of Socialism and Capitalism in all economies. The further left you go, the more bananas your country becomes. Please take note, all you supporters of the Democratic Party, Labour Parties, Democratic Socialist Parties and Social Democratic Parties.

User avatar
Doc
Posts: 1934
Joined: Thu Dec 15, 2016 7:09 pm
Location: Cradle To Grave

Re: 5 Bananas And 2 Eggs

Post by Doc » Mon May 07, 2018 11:13 pm

cassowary wrote:
Mon May 07, 2018 8:49 pm
Doc wrote:
Mon May 07, 2018 1:24 pm
https://www.zerohedge.com/news/2018-05- ... and-2-eggs
When Money Dies: In Venezuela, A Haircut Costs 5 Bananas And 2 Eggs

For Venezuela's economy, the ascent into socialist paradise did not turn out quite as planned: in fact, under the Maduro regime, the country with the world's biggest petroleum reserves somehow reversed course, and crashed through every single circle of economic hell, and now that its hyperinflation has hit levels that would make even Mugabe and Rudy von Havenstein blush, all that's left is barter.

And, as Fabiola Zerpa explains as part of Bloomberg's fascinating "Life in Caracas" series, i.e., watching economic and social collapse in real-time, in Venezuela, a haircut now costs 5 bananas and 2 eggs.

Read on for what really happens when money dies, coming to a banana monetary regime near you in the near future.
Hahaha. :lol: :lol: :lol:

That's Socialism all right. All economies are mixed. There are elements of Socialism and Capitalism in all economies. The further left you go, the more bananas your country becomes. Please take note, all you supporters of the Democratic Party, Labour Parties, Democratic Socialist Parties and Social Democratic Parties.
My question is what happens when hair cuts are going for 5 bananas in Scranton PA

“"I fancied myself as some kind of god....It is a sort of disease when you consider yourself some kind of god, the creator of everything, but I feel comfortable about it now since I began to live it out.” -- George Soros

User avatar
lzzrdgrrl
Posts: 358
Joined: Fri Dec 16, 2016 8:18 pm
Location: Okie Doke

Re: Rich Venezuelan Socialists flee to US for the good life

Post by lzzrdgrrl » Tue May 08, 2018 10:54 am

Well, let them come here but remind them that everything costs. Since they helped precipitate the debacle their more unfortunate compatriots cannot escape, remind them of their 'privilege'; one, for being here, two, for avoiding what is properly due. For example, this is their T.P.....;).....:

Image
I have a certain notoriety among the lesser gods........

User avatar
cassowary
Posts: 2191
Joined: Thu Dec 15, 2016 11:30 pm

Re: Rich Venezuelan Socialists flee to US for the good life

Post by cassowary » Wed May 09, 2018 7:43 pm

lzzrdgrrl wrote:
Tue May 08, 2018 10:54 am
Well, let them come here but remind them that everything costs. Since they helped precipitate the debacle their more unfortunate compatriots cannot escape, remind them of their 'privilege'; one, for being here, two, for avoiding what is properly due. For example, this is their T.P.....;).....:
Most important is to make sure they bring their money with them. This will benefit your country. Singapore welcomes old rich Socialists like Robert Mugabe. At the same time, it arrests young, poor Socialists following in the footsteps of Mugabe and Maduro. There is no contradiction. Both actions benefit Singapore.

The latter prevents the country from becoming another Venezuela or Zimbabwe. The former brings the "fruits" of Socialism - corruptly obtained money - to create jobs. Ironical, isn't it. The money still ends up in a capitalist country and not in a Socialist one like Cuba.

User avatar
lzzrdgrrl
Posts: 358
Joined: Fri Dec 16, 2016 8:18 pm
Location: Okie Doke

Re: Rich Venezuelan Socialists flee to US for the good life

Post by lzzrdgrrl » Thu May 10, 2018 9:22 pm

So Cassy, what grit should they use? Should we be liberal and go with 800 or should we make them regret their socialist tendencies and go with 250?.......'>........
I have a certain notoriety among the lesser gods........

User avatar
cassowary
Posts: 2191
Joined: Thu Dec 15, 2016 11:30 pm

Re: Rich Venezuelan Socialists flee to US for the good life

Post by cassowary » Thu May 10, 2018 10:15 pm

lzzrdgrrl wrote:
Thu May 10, 2018 9:22 pm
So Cassy, what grit should they use? Should we be liberal and go with 800 or should we make them regret their socialist tendencies and go with 250?.......'>........
I don't understand what you are saying, Lizzy girl. grit means courage right? Or maybe you mean loose pebbles or dirt? What has that got to do with the numbers 800 and 250?

User avatar
lzzrdgrrl
Posts: 358
Joined: Fri Dec 16, 2016 8:18 pm
Location: Okie Doke

Re: Rich Venezuelan Socialists flee to US for the good life

Post by lzzrdgrrl » Fri May 11, 2018 8:16 pm

I have a certain notoriety among the lesser gods........

User avatar
Doc
Posts: 1934
Joined: Thu Dec 15, 2016 7:09 pm
Location: Cradle To Grave

Re: Rich Venezuelan Socialists flee to US for the good life

Post by Doc » Fri May 18, 2018 4:41 pm

https://www.wsj.com/articles/pressure-c ... 1526635801
‘Pressure Cooker’: Discontent Rises in Venezuela Military as Economy Dives
As President Nicolás Maduro runs for re-election, the armed forces grapple with shortages of food, evaporating salaries and desertions
“"I fancied myself as some kind of god....It is a sort of disease when you consider yourself some kind of god, the creator of everything, but I feel comfortable about it now since I began to live it out.” -- George Soros

Post Reply