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Why is the "socialist dream crumbles in Venezuela" topic archived?


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Chicken for diapers: Bartering abounds in scarcity-stricken Venezuela

 

Like many 16-year-olds, Yannilay Liendo spends the better part of her day glued to Facebook. However, unlike her peers, she’s not using the social media site to connect with friends or catch up on gossip — she’s trying to find diapers and formula for her baby.

Venezuela’s grinding economic crisis has generated a plethora of problems including triple-digit inflation, shortages of basic goods and massive lines at markets. But it’s also inspiring boot-strap solutions, including a growing number of bartering websites for desperate shoppers.

. . .

In a sense, the economy has turned everyone into a hoarder. On a recent weekday, when a shipment of tampons came into a local pharmacy in an upscale part of Caracas, business men on their lunch break were scooping them up by the handful. While some said they were taking them to their spouses, others said they hoped they might be able to trade them with friends for other toiletries.

 

When central planning crashes and burns, markets come to the rescue.

 

Looting has become a problem too.

 

https://www.youtube.com/watch?v=f-LohKOLVSU

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