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Holy Bolívar!

Rogue Valley

Lead or get out of the way
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10 pictures reveal the huge amounts of cash Venezuelans need to buy everyday things

8/20/18
In a plan designed to tackle hyperinflation, Venezuelan President Nicolas Maduro on Friday announced plans to raise his country's minimum wage and create a single exchange rate pegged to his government's petro-backed cryptocurrency, effectively devaluing the country's currency by 96%, Reuters reported. Venezuelans rushed to shops Friday to stock up on goods before the monetary overhaul — which will remove five zeros from prices — took effect. Hyperinflation has meant piles of cash are needed to buy basic products. Images by Reuters show the daily realities of the crisis.....

Check out the pics. You would literally need a truckload of bolívars to buy a car.

(And no. Chavez/Maduro socialism isn't European socialism.)
 
What is the big difference?

wtf? Visit Sweden and then visit Venezuela.

Despite the fact I noted this thread wasn't about socialism, you just had to go there.
 
It's agonising watching these countries go under.... takes decades...a slooooow massive giant sliding over the edge. Probably Argentina is next, Turkey?... Erdogan needs another bailout, he might get one to stop the flow of refugees into Europe. South Africa in 10 to 20 years, when this happens more people from sub saharan countries will want to reach Europe... I can see the Europeans echoing Trump... "ve vant to build a vall" :lol:
 
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Bolivar No.1

My ABSOLUTE FAVORITE!
 
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