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 'Thank the statists': Venezuela's future? 'Barbarity and people looting'

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'Thank the statists': Venezuela's future? 'Barbarity and people looting' Vide
PostSubject: 'Thank the statists': Venezuela's future? 'Barbarity and people looting'   'Thank the statists': Venezuela's future? 'Barbarity and people looting' Icon_minitimeMon Dec 01, 2014 9:27 pm

Anti-government protests flared earlier this year as Venezuelans started to feel the effects of the economy's staggering 60 percent inflation and currency controls that have generated scarcity of basic needs such as toilet paper and toothpaste.

'Thank the statists': Venezuela's future? 'Barbarity and people looting' 102227373-475347133.530x298

The country's heavily government-subsidized economy is expected to contract by one percent in 2015, according to IMF projections.
"Scarcity is getting worse in Venezuela. Basic products are so hard to get," said Josseline Viera, a doctor in Venezuela. "It used to be that certain products were scarce, now it's basically everything."
Viera says shortages have made it impossible for hospitals to find essential medical products such as gauze and acetaminophen.

"I basically have to send patients to other hospitals," she said. "But patients have to go to a lot of clinics and hospitals before they find the medical supplies they need for their care. I feel very sorry for my country."

Experts predict the situation in Venezuela will worsen as early as the first half of 2015.
"It will be a year of extreme scarcity," Venezuelan economist Angel Garcia Banchs said. "What's coming to Venezuela is chaos that will probably lead to barbarity and people looting. " 

http://www.cnbc.com/id/102227316
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'Thank the statists': Venezuela's future? 'Barbarity and people looting'

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