Author: Elite NWO Agenda
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I NEED YOUR HELP! - Please Support Us, Become A Patreon & Get Extra Content http://www.Patreon.com/EliteNWOAgenda SUBSCRIBE to ELITE NWO AGENDA for Latest Updates - http://www.youtube.com/user/elitenwoagenda?sub_confirmation=1 VENEZUELA FOOD CRISIS - Looting Out Of Control as Economic Collapse Takes Hold Venezuela is selling oil to Jamaica in exchange for food, medicine, farming materials and building supplies. Jamaica announced last week that it would provide up to $4 million in the form of goods and services to Venezuela. Venezuela's economy is the worst in the world, according to IMF projections. Its economy is estimated to contract 10% this year and inflation could skyrocket by 700%. Years of heavy government spending, and the recent decline of oil prices, have left the government without enough cash to import basic foods. the most miserable country in the world" for two years running is really starting to show signs that it is running out of cash. The Venezuelan government says it has imported thousands of tons of basic foodstuffs and will begin distributing them through communal councils directly to family homes. President Nicolas Maduro has accused private food production companies and supermarkets of hoarding food for speculation. Unemployed construction worker Roberto Sanchez could hear a time bomb ticking as he waited in line with 300 people outside a grocery store this week, hoping that corn meal or rice might be delivered later in the afternoon. Venezuela could explode at any minute into political and economic chaos. The question is what will give first. As the economy spirals into deeper disarray, protests aimed at driving the unpopular president out of office are growing. Maduro responded over the weekend by declaring a 60-day state of emergency But, to the fury of the long line of people waiting out front, the cargo wasn’t unloaded. Instead soldiers took it away. The clubbing districts of Las Mercedes and San Ignacio in Caracas are as packed as ever, despite the economic crisis gripping Venezuela. But there is one notable difference: a lack of Polar beer. Empresas Polar SA, the country’s largest food and beverage company, has halted beer production because, it says in a statement on its website, it cannot obtain the foreign currency it needs to purchase malted barley. “The state of emergency isn’t improving anything. It is not making us eat better. There is only the black market and it is too expensive … this economic model of regulations is only making us poor, without any groceries, and hungry,” she says. Venezuela food supermarket "South America" emergency nutrition health healthy economy collapse "economic collapse" life lifestyle people 2016 2017 oil line official hunger poverty "emergency supplies" latin charity leader leadership "united states" "food stamp" EBT "Clean water" "water filter" prepare survival news media entertainment shopping market eat supply "elite nwo agenda" gerald celente jim rogers marc faber gloom doom jsnip4 montagraph coast to coast am alex jones infowars louis farrakhan gold silver bullion crash end times earthquake california zika rio 2016 Socialist party members are arguing that the decree goes beyond the scope of the power of the legislature and cannot override the executive decree President Nicolás Maduro put into motion in January, which declared an “economic emergency” and allowed the government to further intervene in private corporations. Venezuela’s Supreme Court extended the viability of the emergency decree this week, in a move many consider an attempt to keep the opposition legislature from asserting too much power over the food industry in Venezuela. Socialist legislators also warned that “a food emergency would be an excuse for an American intervention.” While most economic experts attribute Venezuela’s dire economic situation to years of socialist mismanagement and, more recently, the international drop in crude oil prices, Venezuela’s government has long blamed the United States. Most recently, Maduro blamed American officials for allegedly prompting a violent supermarket riot in which the fight for bags of flour Opposition economists, meanwhile, point at price controls which set prices for basic goods below market rates as causes for the shortages. It already owes China, its latest benefactor, $50 billion. such as raising the price of state-retailed gasoline, now below 1 cent per gallon, and altering a currency exchange system under which the U.S. dollar is worth 150 times more on the black market than it is at the official rate.